Articles tagged with Manufacturing Minister

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New Zealand Manufacturing Grows 14 Months Straight with Broad Industry Expansion

New Zealand's manufacturing sector has expanded for 14 consecutive months, with growth spreading across all main industry groups and regions, as reflected in the BNZ-BusinessNZ Performance of Manufacturing Index (PMI) reading of 53.1 for August. Increased new orders and solid production indicate positive momentum, supported by government initiatives like the Investment Boost to enhance productivity. Despite global uncertainties, New Zealand manufacturers are outperforming major economies, contributing significantly to employment, GDP, and exports while receiving strong governmental support.

Earn as You Learn Expands to Train Young Kiwis for Manufacturing Careers

The Earn as You Learn programme, which combines paid workplace learning with formal training and industry mentoring, is expanding into the Hutt Valley, Bay of Plenty, Christchurch, and Auckland to address the manufacturing sector's skilled workforce shortage. Developed by manufacturers and supported by Advancing Manufacturing Aotearoa, the programme has proven successful in the Waikato pilot, with most participants securing full-time jobs after completing their training. The government is committed to expanding vocational pathways alongside this initiative, aiming to grow the skilled manufacturing workforce essential for New Zealand's economic recovery and future innovation.

Kiwi Businesses Boost Productivity with $800M Gains from eInvoicing Adoption

Kiwi businesses are projected to gain up to $800 million annually in productivity through full eInvoicing adoption, which has more than doubled in uptake recently, enabling faster payments and reduced paperwork. The government leads by example with prompt payments, achieving over 95% of invoices paid within 10 working days, and will require large businesses to send eInvoices to government agencies from January 2027. This initiative aims to improve cashflow, cut administrative costs, reduce invoice fraud, and create a more efficient business environment in New Zealand.

Government Expands Digital Manufacturing Light Program to Boost NZ Manufacturers

The New Zealand Government is expanding the University of Auckland’s Digital Manufacturing Light programme to help at least 180 small and medium-sized manufacturers in key regions adopt affordable digital technologies, boosting productivity and workforce skills. The programme provides tailored assessments, installation support, and training to integrate low-cost, off-the-shelf technologies without major capital investment, enabling manufacturers to modernize operations and gain real-time insights. This initiative aims to enhance competitiveness, drive innovation, and contribute significantly to the national economy, with potential GDP growth of $8.6 billion from faster digital adoption.

New Zealand's Minister Chris Penk to Represent Small Business at G20 Trade Meeting in South Africa

Small Business and Manufacturing Minister Chris Penk is representing New Zealand at the G20 Trade and Investment Ministerial Meeting in South Africa, aiming to advance the country's interests with major global economies. New Zealand, as a guest country alongside G20 members, will discuss trade and investment matters, including upholding the international rules-based trading system. During the meeting, Mr Penk will focus on advocating for New Zealand's priorities within the World Trade Organisation while also strengthening the relationship between New Zealand and South Africa.