03 Sep 2025
1 year ago
1147 views
Social Development and Employment Minister Louise Upston highlights the importance of regional employment events in getting Kiwis into jobs and boosting the economy. The Government's focus on the Going for Growth strategy emphasizes developing talent and reducing the number of people on the Jobseeker Benefit by 50,000 by 2030 through partnerships with employers and training organizations. Initiatives such as early intervention services, work seminars, and the Relocate for Work Support payment aim to help beneficiaries find sustainable employment, providing them with purpose, independence, and a pathway out of welfare dependence.
02 Sep 2025
1 year ago
1558 views
Fresh data released today indicates that international visitor arrivals and spending are on the rise, boosting New Zealand's tourism sector and economy, as highlighted by Tourism and Hospitality Minister Louise Upston. The year ending June 2025 saw international tourism contribute $12.1 billion to the economy, a 4.3% increase from the previous year, with a 5% rise in visitor arrivals totaling 3.38 million. Despite positive growth, Upston emphasizes the need for continued efforts to further enhance the tourism sector, referencing initiatives like the Tourism Growth Roadmap aimed at doubling tourism exports by 2034.
01 Sep 2025
1 year ago
1338 views
Overseas-based investors with a New Zealand investor residence visa can now buy a house in New Zealand to stimulate economic growth, despite the ban on foreigners purchasing residential housing. The Active Investor Plus residency visa, requiring a minimum investment of $5 million, aims to attract high net worth individuals to deepen their connection to New Zealand and contribute to the economy by allowing them to own a home. This policy change balances the desire to limit foreign ownership while attracting significant investors to invest in the country, potentially bringing in a total minimum investment of $1.8 billion.
26 Aug 2025
1 year ago
1664 views
Revenue Minister Simon Watts has introduced a new tax bill in New Zealand to boost the economy, attract skilled individuals, and encourage investment. The bill aims to make the tax system fairer for migrants, digital nomads, and businesses by addressing issues like overseas income taxation and employee share schemes. These changes are designed to simplify the tax system, reduce compliance costs, and create a more conducive environment for economic growth and job creation in New Zealand.
21 Aug 2025
1 year ago
1511 views
Infrastructure Minister Chris Bishop and Regional Development Minister Shane Jones are pleased that the first Fast-track project, the Port of Auckland wharf expansion, has received approval under the Fast-track Approvals Act. The project includes a new wharf, berth extension, cruise terminal, and other upgrades, with construction set to start next month to create jobs and boost the economy. The Act streamlines the approval process for projects, with expert panels assessing applications and attaching necessary conditions, aiming to drive economic growth and efficiency in critical sectors like Auckland's port infrastructure.
14 Aug 2025
1 year ago
1591 views
The Government is focused on growing the economy by improving competition settings, with updates on the Commerce Act review and Commerce Commission governance. Reforms to the Commerce Act aim to simplify collaboration processes, enhance confidentiality protections, and promote competition. Additionally, initiatives include strengthening banking competition, implementing open banking, regulating retail payments, and introducing a new water services regulatory regime under the Commerce Act to ensure efficiency and transparency.
14 Aug 2025
1 year ago
1405 views
Minister of Internal Affairs Brooke van Velden notes a significant decrease in the number of people awaiting citizenship decisions, with the current backlog reduced to just over 13,700 from a high of 37,690 in April 2022. Efforts to streamline processes and reduce wait times have led to improved efficiency and quicker processing times, with the oldest applications now being picked up within two months compared to an 11-month delay in the past. Van Velden emphasizes the importance of celebrating the milestone of becoming a New Zealand citizen and acknowledges the contributions of individuals waiting for citizenship to the economy and communities.
03 Aug 2025
1 year ago
2358 views
Trade and Investment Minister Todd McClay is traveling to Thailand and Indonesia to enhance New Zealand's economic relationships with these key Southeast Asian economies. The focus is on leveraging the region's economic growth potential, with discussions centered around doubling exports and strengthening trade ties. The Minister will engage with senior officials, promote high-value exports, and seek to expand cooperation in areas such as food security and trade agreements during his visit from 4 to 8 August.
30 Jul 2025
1 year ago
3306 views
New Zealand aims to double geothermal energy production by 2040 to tap into its rich resources, positioning the country as a global leader in sustainable geothermal development. The draft strategy, "From the Ground Up," seeks to drive innovation, resilience, and economic growth through geothermal utilization. The plan includes expanding geothermal applications beyond electricity generation, fostering innovation, and strengthening regional economies and the Māori economy.
28 Jul 2025
1 year ago
1829 views
The Government, led by Prime Minister Christopher Luxon and Minister of Finance Nicola Willis, is prioritizing economic growth to create jobs, raise incomes, and assist New Zealanders with the cost of living. Initiatives such as scrapping surcharges, tax relief, and the introduction of FamilyBoost aim to alleviate financial burdens for families. By focusing on key areas like talent development, competitive business settings, global trade, innovation, and infrastructure, the Government aims to boost wages by growing the economy in the long term.
24 Jul 2025
1 year ago
2222 views
The 'Everyone Must Go' campaign in New Zealand exceeded expectations, bringing in over 7,981 additional visitors and generating significant attention on both sides of the Tasman. Tourism and Hospitality Minister Louise Upston highlights the campaign's success in boosting regional economies and tourism operators through collaboration between the sector and government. The campaign's strong results led to further investment, showcasing the positive impact of targeted marketing efforts on driving economic growth and supporting the tourism industry.
10 Jul 2025
1 year ago
2072 views
A new cycle bridge on the West Coast Wilderness Cycle Trail will bring more visitors to the region and boost the local economy. “I’m thrilled to be supporting the construction of the Totara River Rail Bridge, ensuring visitors can once again ride this popular trail from start to finish,” Tourism and Hospitality Minister Louise Upston says. “The West Coast Wilderness Cycle Trail is one of our Great Rides and attracts both international and domestic visitors alike, showcasing the stunning scenery of the West Coast.
01 Jul 2025
1 year ago
2472 views
Science, Innovation and Technology Minister Dr Shane Reti says today marks a major milestone for New Zealand’s science and innovation sector with the launch of three new science organisations designed to unlock innovation, drive economic growth, and improve the lives of hardworking Kiwis. “Science, innovation and technology are the engine rooms of a productive economy and our Government is committed to powering up our scientists and innovators to deliver for New Zealanders,” says Dr Reti. “From today, six Crown Research Institutes will merge to form two new entities: the Bioeconomy Science Institute and the Earth Science Institute.