Last week, the Government confirmed its plans to establish the new Ministry of Business, Innovation and Employment (MBIE) on 1 July this year. The Ministry will bring together the existing functions of the Ministry of Economic Development, Ministry of Science and Innovation, Department of Labour and Department of Building and Housing.

It is expected that the transition to the fully fledged MBIE will take up to 24 months. On 1 July the structure will be a 'federation' of the four existing agencies, with a new chief executive and a new set of acting second tier positions above the existing tier 2 positions. The Acting Chief Executive Designate will be David Smol, currently the Chief Executive of the Ministry of Economic Development.

A detailed organisational design and implementation plan for the new Ministry will be developed by 30 September 2012 following consultation with staff.

For further details, see the Government's press release here.