Last year's Budget was remarkable in how much of it was written so late in the process. So much so, that only 44 per cent of new funding proposals had a cost-benefit analysis, not the targeted 100 per cent. Treasury officials hate such stuff, but can't do much about it. More than 90 per cent of this year's Budget is pretty much locked down, but there's always the chance a minister or department will come up with a brainwave. Treasury has updated its guidelines to departments, saying in the past "our requirements for new funding proposals for new initiatives did not explicitly include that a cost-benefit analysis be applied. As part of Budget 2016, cost-benefit analysis is required in most cases for new policy initiatives." In the end, though, who knows what might crop up between now and May 26?
Remember the rules
Treasury is also facing pushback from some departments over its efforts to ensure investments and capital spending are dealt with more rigorously. So far, only six of the big spending agencies - ACC, IRD, Corrections, Ministry of Education, the Defence Force, and the Transport Agency - have enough data to meet the new requirements in their 2015-16 annual reports. Others have been "reminded" of their annual reporting requirements. It is a similar situation with attempts to get departments to provide an "Investor Confidence Rating" score. So far, only six investment-intensive agencies had these assessments completed by the end of 2015 and are now ready to come to Cabinet. All 24 investment-intensive agencies are not expected to complete investment assessments until March 2017. But what's a few hundreds of millions potentially being mis-spent when the headlines are dominated by a few thousand dollars wasted on glossy office furniture or airfares?
Feline confusion
Sometimes, MPs get their metaphors all mixed up when speaking in the House. Case in point: National MP Joanne Hayes denounced a Labour proposal, as it would "really throw the cat amongst the lions." Did she mean cat among the pigeons, lions laying down with lambs, even lions savaging Christians - or something else entirely?