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Part 1: Financial and information management

The Corporation's business continues to broaden and grow in complexity as the New Zealand environment becomes increasingly diverse.

The Corporation will continue to implement the findings of the Financial Governance Review. It will ensure the Review of Accountability Documents is implemented and information management and risk management systems are in place. In particular, the Corporation will clarify the activities that make up its services under the Housing Corporation Act 1974 and the appropriate sources of funding for these activities This will ensure accurate identification of the costs associated with its various activity types and a full, transparent and proper accounting of them are made to the Government.

The Corporation will implement the revised output class structure and other recommended changes to the Corporation's accountability documents, as agreed by Cabinet.

The Corporation is moving towards integrating the recommendations of the Capital Asset Management project into the Corporation's management practices over the next 12 months.

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