Amy Adams selected as National's finance spokesperson

National's Amy Adams has been chosen as finance spokesperson for the National Party.

She replaces Steven Joyce, who announced his resignation from Parliament yesterday, admitting he had not been re-offered the finance portfolio - though he said he was given a choice of other front-bench roles.

Ms Adams was widely believed to be Simon Bridges' closest rival in the leadership contest.

It's the first position announced in National Party reshuffle planned by Mr Bridges. Mr Bridges ran on a platform of generational change, saying he'd be bringing new faces to the front bench.

Ms Adams will be zeroing in on policy changes earmarked by the Labour-led Government.

"Many of the Labour-led Government's planned policy changes will sacrifice our economic success and make it harder for New Zealand businesses to compete and succeed," she said in a statement.

She pointed to the overseas buyers' ban, the scrapping of the 90-day trial for large businesses and the Tax Working Group.

"The Government's Tax Working Group is clearly looking to design a more redistributive tax system that removes any incentives for New Zealanders to work hard and get ahead."

She holds the Selwyn seat for National and is ranked number seven on the party list. 

"Amy is an incredibly experienced former Minister, serving as Associate Minister of Finance as well as holding a range of important and challenging portfolios, from Social Housing to Justice and Environment, which she handled with real diligence and focus," Mr Bridges said in a statement.

The role of finance spokesperson makes her the party's third-ranking MP, after leader Mr Bridges and deputy leader Paula Bennett.

Newshub.