16 Jul 2026
3 months ago
727 views
John Rae has been reappointed Chair of the Crown Regional Holdings Limited Board for three more years due to his extensive legal, financial, and governance expertise. Crown Regional Holdings manages significant government investments aimed at supporting regional economic development across New Zealand, with a diverse portfolio spanning eight regional funds, 13 regions, and 19 industry sectors. As of the 2025 financial year, CRHL oversees 201 active contracts totaling $1,085 million in loans, equity, and capital assets, reflecting the government’s commitment to regional growth.
16 Jul 2026
3 months ago
746 views
The Foreign Ministers of Fiji and New Zealand signed a refreshed Duavata Partnership, setting priorities for their relationship over the next five years. They emphasized their strong, long-standing ties across various sectors and discussed collaborative efforts like the Ocean of Peace Alliance and boosting two-way trade to NZ$2 billion by 2030. Additionally, Fiji’s Minister Ditoka will attend the Future of Investment and Trade Partnership Ministerial Meeting in Auckland as a guest of New Zealand.
13 Jul 2026
3 months ago
783 views
Associate Finance Minister David Seymour has welcomed new Land Information New Zealand (LINZ) guidelines designed to simplify the Overseas Investment Act for international investors, particularly in the supermarket and grocery sector, aiming to attract credible investors and increase market competition. The government has also reformed application processing, significantly reducing average assessment times from 71 to 23 working days and meeting targets of five or fewer days for most investments, thereby streamlining approval processes. These changes are intended to boost international investment, which is vital for New Zealand’s economic growth, productivity, and job creation.
09 Jul 2026
3 months ago
797 views
New Zealand's manufacturing sector experienced its strongest growth in nearly five years, with the BNZ-BusinessNZ Performance of Manufacturing Index rising sharply to 59.7 in June, indicating robust expansion across new orders, production, and employment. The sector, which employs over 220,000 people and contributes significantly to GDP and exports, is driving economic growth and outperforming major global economies. Government support, including the Investment Boost initiative, is helping manufacturers invest in productivity-enhancing machinery, sustaining the sector's momentum and future development.
25 Jun 2026
4 months ago
851 views
Legislation for the New Zealand–India Free Trade Agreement (FTA) has passed its first reading, aiming to reduce or eliminate tariffs on 95% of New Zealand exports to India, unlocking significant market opportunities. India’s rapidly growing economy presents major potential for New Zealand businesses, with 57% of exports becoming tariff-free immediately and protections secured for key sectors like wine and services. The Bill will undergo public consultation before expected ratification later this year, supporting the government’s goal to double export value by 2034.
24 Jun 2026
4 months ago
995 views
The Government acknowledges the broken social housing system and housing crisis driven by unaffordable housing and planning barriers, committing to reforms focused on building the right homes for those most in need through initiatives like the Housing Investment System, Kāinga Ora Turnaround Plan, and Flexible Fund. Significant progress includes stabilizing house prices and rents, reducing Kāinga Ora's debt, increasing social housing stock, lowering financing barriers for Community Housing Providers, and establishing a data-driven Housing Investment Plan to target resources effectively. The ongoing Review of Social Housing aims to create a fairer, more efficient system by refocusing support on those most in need, improving incentives for tenant independence, and working collaboratively with stakeholders to develop sustainable, long-term solutions.
18 Jun 2026
4 months ago
862 views
New Zealand's manufacturing sector led economic growth in the March 2026 quarter, expanding 1.9 percent and driving a 0.8 percent overall GDP increase, with strong performance in transport equipment and machinery manufacturing. Key firms like Dawn Aerospace, Rocket Lab, and Fisher and Paykel Healthcare are spearheading innovation and productivity, supported by government initiatives such as the Investment Boost to encourage capital investment. Manufacturing, contributing around 8 percent of GDP and employing over 220,000 people, is central to New Zealand's economic recovery and future growth strategy.
18 Jun 2026
4 months ago
1040 views
New Zealand's economy showed strong momentum in the March 2026 quarter, growing 0.8%, nearly three times faster than Australia and twice as fast as the US, with GDP per capita and real purchasing power also rising. This growth reflects the resilience of New Zealanders amid challenging conditions and was supported by business investment and government policies, though uncertainty from the Middle East conflict may impact future growth. Despite short-term caution, the government remains focused on fiscal responsibility and expects economic growth to strengthen over time, leading to more jobs and higher incomes.
10 Jun 2026
4 months ago
1019 views
The New Zealand Government, led by Agriculture Minister Todd McClay, is investing $3.2 million in a project to develop prefabricated mass timber modules, aiming to boost forestry sector innovation, onshore processing, and job creation. This initiative supports land use flexibility, sustainable productivity, and shifting supply from export to domestic markets, enhancing value and stability for regional economies. The project will assess technical, economic, and environmental factors to encourage long-term investment and provide data to help farmers and growers innovate and grow their businesses.
10 Jun 2026
4 months ago
785 views
Prime Minister Christopher Luxon and Agriculture Minister Todd McClay emphasize that New Zealand’s food and fibre sector, which accounts for over 80% of exports, requires increased productivity through innovation and greater land use flexibility. The Government is investing $143 million in six commercial projects across various sectors, partnering with industry to demonstrate how science, technology, and regulatory reform can drive growth while reducing environmental impact. A report from Lincoln University and ASB Bank projects that adopting these innovations and flexible land use could boost the economy by $10 billion within five to seven years.
10 Jun 2026
4 months ago
1499 views
The New Zealand Government’s Science Investment Plan outlines a decade-long strategy to leverage public science funding for economic growth, resilience, and global competitiveness by focusing on four priority areas: primary industries and bioeconomy, technology for prosperity, environmental sustainability, and healthy people and society. The plan emphasizes shifting $122 million toward advanced technologies to boost productivity, innovation, and sustainability without reducing overall science funding, ensuring continuity for existing research contracts. Research Funding New Zealand will develop detailed Pillar Investment Plans by September 2026, guided by expert advisory groups, to implement these priorities effectively.
10 Jun 2026
4 months ago
914 views
The Government is investing $98,000 in the Rural Wellbeing Champions Programme, embedded within the New Zealand Young Farmer of the Year Contest, to develop young rural leaders who can support mental health and wellbeing in their communities. This initiative, delivered in partnership with New Zealand Young Farmers and Farmstrong, aims to equip up to 150 participants with skills to navigate rural pressures and lead wellbeing conversations. The investment complements a broader mental health plan, enhancing support services and fostering resilient rural communities for the future.
05 Jun 2026
4 months ago
1061 views
A $20 million investment from Budget 2025 will expand evidence-based parenting initiatives, including the Triple P Positive Parenting and Mellow Parenting/Hoki ki te Rito programmes, to support families in meeting children's developmental needs. The funding targets the Government's Child and Youth Strategy priorities, focusing on early childhood support and harm prevention, with half allocated to broad parental support and half to high-need families through the Social Investment Fund. Additionally, the package will reinstate the Tākai national parenting platform, enhancing access to trusted resources and a continuum of support from universal to intensive services.
03 Jun 2026
4 months ago
901 views
Minister for Trade and Investment Todd McClay and French Minister Nicolas Forissier agreed to establish annual ministerial meetings to strengthen New Zealand-France trade, investment, and business collaboration. This initiative builds on the New Zealand-European Union Free Trade Agreement, which enhances opportunities for exporters and opens new pathways for engagement across sectors like technology, aviation, and agri-tech. The regular dialogue aims to create partnerships and growth by leveraging France's strengths and New Zealand's ambitions within a strong, rules-based trade framework.
02 Jun 2026
4 months ago
836 views
New Zealand is investing $57.7 million over four years to modernize its Integrated Data Infrastructure (IDI), the country's largest research database, to support smarter, evidence-based government decisions. The IDI connects data from various government agencies and organizations to reveal the long-term impacts of policies on New Zealanders, ensuring resources are allocated effectively. Upgrading the outdated technology will enhance data accuracy and accessibility, enabling better social services and outcomes for current and future generations.