Dominick Stephens succeeds Tim Ng.
Secretary to the Treasury Caralee McLiesh has announced the appointment of Dominick Stephens as deputy secretary, chief economic adviser.
"Dominick Stephens is a highly valued and respected member of the Treasury’s executive leadership team," she said. "He has been our acting chief economic adviser since March 2021 while on secondment from Westpac New Zealand. Dominick will carry on in the role as a key member of the Te Tai Ōhanga team.
"During 2021, Dominick oversaw the refresh of our Living Standards Framework, ensuring the Treasury’s policy advice on lifting living standards for all New Zealanders continues to be strengthened by solid economic theory and evidence. He has also played a central part in our business outreach and economic monitoring during the Covisd-19 pandemic, as well as advice on key policy areas including housing markets."
The role has responsibility for supporting and strengthening economic analysis in the Treasury, and providing leadership across the public sector to promote the use of high-quality economic analysis and advice.
Stephens succeeds Tim Ng who held the position for four years to March 2021. Ng is completing his PhD at Victoria University and will continue to provide his expertise to the Treasury on a part-time basis while completing his studies McLiesh said.
Prior to joining the Treasury, Stephens was chief economist at Westpac New Zealand for a decade. He is a respected analyst, adviser, and commentator on a range of economic and market issues, from housing policy to monetary policy and climate change. He was formerly an economist in the Reserve Bank of New Zealand’s forecasting team and modelling unit.
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