Treasury Under Fire for Strategic Failures | Wellington News

Wellington News Today | 2 Min News | The Daily News Now! · Jun 30, 2026 · 2m

Treasury’s credibility is under fire after a damning new report reveals ministers are losing trust in its advice — a first in ten years. Blamed for missed calls on ACC, Health NZ, and the Interislander, the department’s reputation has suffered amid pandemic chaos, staff churn, and shifting priorities. The fallout? A cycle of declining influence, talent drain, and cautious decision-making. The report demands a full reset — urgent, ambitious, and strategic — to rebuild trust, steer the economy, and lift living standards. With a “weak” rating for policy advice and “developing” for fiscal…