XRB Accountability Documents
As a Crown Entity, the XRB is subject to the accountability requirements of the Public Finance Act 1989 and the Crown Entities Act 2004.
Our primary accountability documents are detailed in the tables below.
The Hon. Kris Faafoi is the Minister of Commerce and Consumer Affairs and is responsible for the XRB. For information on the Government’s expectations of the XRB, you can refer to the Minister's Letter of Expectations.
Medium-term strategic plan
Our strategic plan outlines our strategic priorities.
| Date | Title | Year |
Download PDF |
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| Aug 2019 | XRB Strategic Plan | 2019–24 |  |
| Aug 2018 | XRB Strategic Plan | 2018–23 | |
| Aug 2017 | XRB Strategic Plan Summary | 2017–22 | |
| Aug 2017 | XRB Strategic Plan | 2017–22 | |
| Aug 2016 | XRB Strategic Plan | 2016–21 | |
| Aug 2016 | XRB Strategic Plan Summary | 2016–21 | |
| Apr 2014 | XRB Strategic Plan | 2014–19 | |
Statement of Intent
The Statement of Intent (SOI) outlines the XRB’s strategic intentions for the next five years.
We prepare it no less than every three years in accordance with the requirements of the Crown Entities Act 2004, which was amended in 2013 to require the SOI to have a more strategic content.
Since 2014 our SOI has included its outcome goals, strategic intentions, planned actions to give effect to those strategic intentions, and the basis on which we will report performance. It is intended to be enduring and apply for a minimum of three years.
Before 2014, the SOI was prepared annually and specified the XRB’s forecast performance for the forthcoming financial year, and the following two years. It included forecast outputs to be delivered (and the performance measures for these), and the forecast financial statements and the assumptions on which they are based. This annual performance information is now included in the Statement of Performance Expectations.
| Title | Year |
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| Statement of Intent | 2020–25 | |
| Statement of Intent | 2017–22 | |
| Statement of Intent | 2014–19 |
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| Statement of Intent | 2013–16 |
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| Statement of Intent | 2012–15 |
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| Statement of Intent | 2011–14 |
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| Statement of Intent - ASRB | 2010–13 |
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Statement of Performance Expectations
The Statement of Performance Expectations (SPE) outlines the XRB’s annual performance objectives.
We prepare it annually in accordance with the requirements of the Crown Entities Act 2004, which was amended in 2013 to require the preparation of an SPE each year from 2014.
Our SPE sets out its reportable output classes, a forecast statement of service performance, and forecast financial statements for the forthcoming year and the assumptions on which they are based. It also specifies how our performance for the year will be measured and reported.
Before 2014 we prepared an Output Agreement. This was an agreement between the XRB and the then Minister of Commerce that specified the outputs to be delivered in the financial year. The Agreement enabled the Minister to monitor and hold the Board accountable for its performance. The SPE has replaced the Output Agreement.
| Title | Year |
Download PDF |
|---|---|---|
| Statement of Performance Expectations | 2020–21 | |
| Statement of Performance Expectations | 2019–20 | |
| Statement of Performance Expectations | 2018–19 | |
| Statement of Performance Expectations | 2017–18 | |
| Statement of Performance Expectations | 2016–17 |
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| Statement of Performance Expectations | 2015–16 |
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| Statement of Performance Expectations | 2014–15 |
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| Output Agreement | 2012–13 |
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| Output Agreement | 2011–12 |
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Annual report
The annual report is the XRB’s main ex-post accountability document.
We prepare it annually in accordance with the requirements of the Crown Entities Act 2004, our annual report outlines our performance for the year compared to the SPE for that year.
The annual report includes a summary of activities for the year, consideration of the XRB’s strategic objectives and outcome goals for the period, a statement of service performance reporting on outputs delivered (including the performance measures), and financial statements prepared in accordance with generally accepted accounting practice in New Zealand.
| Title | Year |
Download PDF |
|---|---|---|
| XRB Annual Report | 2018–19 | |
| XRB Annual Report | 2017–18 |
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| XRB Annual Report | 2016–17 |
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| XRB Annual Report | 2015–16 |
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| XRB Annual Report | 2014–15 |
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| XRB Annual Report | 2013–14 |
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| XRB Annual Report | 2012–13 |
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| XRB Annual Report | 2011–12 |
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| ASRB Annual Report | 2010–11 |
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Disclosure of Chief Executive expenses
This information is provided in response to the State Services Commission's (SSC) introduction of a disclosure regime for Chief Executive Expenses—including gifts, hospitality and travel, and has been uploaded to data.govt.nz.
Currently, disclosure is undertaken annually for the period 1 July–30 June.
The State Service Commission's policy on disclosure of Chief Executive Expenses and associated documents is available on the State Services Commission's website.
| Date | Title | Download PDF | Download Excel |
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| 30 June 2020 | CE Expenses | |
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| 30 June 2019 | CE Expenses | |
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| 30 June 2018 | CE Expenses | |
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| 30 June 2017 | CE Expenses |
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| 30 June 2016 | CE Expenses |
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| 30 June 2015 | CE Expenses |
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| 30 June 2014 | CE Expenses |
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| 30 June 2013 | CE Expenses |
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| 31 December 2012 | CE Expenses |
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| 30 June 2012 | CE Expenses |
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| 31 December 2011 | CE Expenses |
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Briefing to the Incoming Minister - January 2017
