Crown Ownership Monitoring Unit
The Crown Ownership Monitoring Unit (COMU) is part of the New Zealand Treasury. It:
- Provides strategic ownership advice to the New Zealand Government on the commercial assets it owns and monitors the performance of those assets;
- Assists with the appointment of directors to Crown company boards;
- Advises shareholding Ministers on performance and governance issues; and
- Works with other monitoring departments and agencies to share good practice and lift performance.
COMU monitors:
- 17 state-owned enterprises;
- Eight Crown research institutes;
- Four Crown financial institutions;
- Air New Zealand Limited;
- Five other Crown companies;
- Some statutory entities; and
- The Crown’s shareholding in a shipping line and four airports.
Collectively and individually, these organisations provide important products and services to and for New Zealanders and make a significant contribution to the national economy and well-being.
On this website you will find:
- Information on the role of COMU and why a Crown company monitoring and governance function is necessary;
- An outline of the application process required to express an interest in becoming a director on a Crown board;
- Brief details on each of the companies that COMU monitors;
- A discussion of important issues affecting the Crown company sector; and
- A number of key documents about the Crown company sector.
State-Owned Enterprises' Continuous Disclosure Announcements
Disclosures under the State-owned enterprises’ continuous disclosure regime can be found at SOE Continuous Disclosure Announcements.
