Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search


Round 2 of Investor Confidence Ratings for 6 DHBs

The second round of Investor Confidence Rating (ICR) assessments for six District Health Boards (DHBs) is now complete. The DHBs assessed are Auckland, Capital and Coast, Canterbury, Counties-Manukau, Waikato and Waitematā.

The ICR is an incentive mechanism for investment-intensive government agencies that rewards good investment management performance and proactively addresses performance gaps. Ratings are an indicator of the confidence that investors can have in an agency’s capacity and capability to realise a promised investment result if funding were committed.

Assessment focuses on the frameworks and processes underpinning an agency’s investment and asset management capability. It does not look at an agency’s investment choices, current funding streams, or their current financial position.

The ICR uses a rating scale from A to E, with an ‘A’ rating signalling a high level of performance and an ‘E’ rating indicating significant assistance may be required for the agencies investments to deliver results. A ‘C’ rating means that the status quo investment management system arrangements remain in place.

Comparing each DHB’s rating from their first assessments in 2016, Auckland, Canterbury and Waitematā retained their ‘B’ rating; Capital and Coast and Waikato retained their ‘C’ rating; and Counties-Manukau reduced from an ‘A’ to a ‘B’ rating.

Improvements to the ICR assessment process between rounds have made it more rigorous. Therefore, having an improved ICR or retaining the same result are both positive outcomes, and a decrease in score or rating for this round does not necessarily indicate a deterioration in maturity and performance, or lack of improvement.

All six DHBs assessed have activities underway to improve their investment maturity and performance, and have acted upon previous improvement recommendations from the first round of assessment.

More details on each of these results are available on the website at Results of the Investor Confidence Rating, along with background information about the ICR.

© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Coronavirus: On The Addiction To Chinese Student Fees, And A Possible Future For RNZ Concert

Last week, Australian PM Scott Morrison extended its ban on foreign visitors from or passing through from mainland China – including Chinese students - for a third week. New Zealand has dutifully followed suit, with our travel ban extending until next Monday at least, presumably dependent to some extent on what Morrison decides to do later this week.
Our universities are now asking for an exemption to the travel ban for their Chinese students, who would still, the universities assure us, be subjected to strict quarantine procedures upon arrival. Given how the inability of the university system to care for its own students on campus made world news last year, that promise may not do much to reduce the coronavirus fears among the wider New Zealand public. More>>


Water Woes: Wellington Reflects National Problem

Water utilities right across the country face major challenges to upgrade and maintain their underground three waters network. Water New Zealand’s Technical Manager, Noel Roberts says Wellington’s waste water woes are not unique to the capital city... More>>


2020 And Beyond: National’s Economic Plan

National Leader Simon Bridges has today outlined National’s economic plan heading into election 2020. “National understands the economy and how it impacts on New Zealanders day to day lives... More>>


Abortion Legislation Committee: Abortion Bill Report Presented To The House

The Abortion Legislation Committee has presented its report on the Abortion Legislation Bill to the House. A copy of the report is available here. The bill seeks to have abortion services provided like other health services... More>>


Local Government NZ: New Report A Pathfinder For Affordable Housing

A report released today by LGNZ provides a roadmap for councils finding their way through the complex policy, regulatory and market tools available to help enable more affordable housing developments for New Zealanders. With demand soaring, rents ... More>>


“Can Do Better”: Sallies Election Year Report Card

This year’s State of the Nation report by The Salvation Army offers a mixed bag of outcomes, with some significant headline progress - but also an ambitious list of “can do better”. Government action is delivering limited improvements... More>>






InfoPages News Channels