Business News & Articles
Kiwi Businesses Save Time Accessing $400M Government Grants with New Funding Explorer
1 day ago | 56 viewsThe upgraded Funding Explorer, launched by the New Zealand government, consolidates 15 funding opportunities from seven agencies into a single searchable platform, enabling businesses to quickly find relevant grants and support. This tool addresses previous fragmentation and navigation difficulties, allowing businesses to search by sector or objective, such as commercializing ideas or boosting productivity. The initiative, praised by industry leaders, aims to reduce time spent on government paperwork, fostering more investment, job creation, and stronger exports.
Tags: Cameron Brewer Catherine Lye Funding Explorer Small Business Manufacturing business grants government agencies Advancing Manufacturing Aotearoa business funding business.govt.nzNew Zealand Boosts Tourism with $800K AI Investment to Attract Visitors
1 week ago | 130 viewsThe New Zealand Government is investing $800,000 to upgrade Tourism New Zealand’s systems, making local tourism services more accessible and visible through AI search tools. This initiative aims to improve the accuracy and personalization of holiday planning by making tourism data AI-ready and expanding the AI travel assistant with detailed regional information. The investment supports goals to boost tourism exports by 2034, increase international visitors to pre-pandemic levels by 2026, and grow tourism-related jobs and economic growth.
Tags: New Zealand Tourism Artificial Intelligence Louise Upston Tourism New Zealand International Visitor Conservation and Tourism Levy AI travel assistant Hospitality Government investment Regional tourism organizationsKeren Blakey and Mandy Pattinson Join TVNZ Board to Boost Governance and Expertise
2 weeks ago | 235 viewsKeren Blakey and Mandy Pattinson have been appointed to the TVNZ Board to enhance governance and provide valuable expertise amid evolving media challenges. Blakey offers extensive financial and audit experience, including leadership roles at PricewaterhouseCoopers and Southern Cross Medical Care. Pattinson contributes over 20 years of media industry experience, with strengths in revenue generation, media law, regulatory compliance, and risk management.
Tags: Keren Blakey Mandy Pattinson Paul Goldsmith TVNZ Board PricewaterhouseCoopers Southern Cross Medical Care Media and Communications Audit and Risk Committee Media industry Media lawFuture of Investment and Trade Partnership Advances Global Trade and Reduces Barriers
3 weeks ago | 206 viewsMembers of the Future of Investment and Trade (FIT) Partnership, including New Zealand, committed to practical initiatives to enhance trade by tackling non-tariff barriers, promoting digital trade, and strengthening economic resilience. The meeting resulted in declarations addressing NTBs, digital trade facilitation, economic security, and global subsidies, aiming to support fair competition and secure supply chains. Additionally, Korea, Peru, and Thailand joined the partnership, increasing membership to 19 and highlighting the group's growing influence.
Tags: Todd McClay New Zealand FIT Partnership Korea Peru Thailand Fiji Samoa Trade Minister Ministerial DeclarationFIT Partnership Expands to 19 Members Boosting Global Trade Opportunities
3 weeks ago | 233 viewsThe Future of Investment and Trade (FIT) Partnership has expanded from 16 to 19 members with Korea, Peru, and Thailand joining, reflecting growing interest among small and medium-sized trading nations. The partnership focuses on creating simple, consistent trade rules to support exporters, strengthen trading positions, and foster economic growth amid global uncertainties. New Zealand, a founding member, hosted a significant Ministerial meeting in Auckland, emphasizing the importance of collaboration among like-minded economies to open doors in emerging markets and enhance trade opportunities.
Tags: FIT Partnership Todd McClay New Zealand Korea Peru Thailand Trade Investment Ministerial meeting Emerging marketsNew Zealand and Switzerland Launch Trade and Investment Dialogue to Boost Cooperation
3 weeks ago | 203 viewsNew Zealand and Switzerland have agreed to establish a Trade and Investment Dialogue to enhance cooperation on trade, economic security, e-commerce, investment, and sustainability. This initiative follows discussions between their trade officials and aims to strengthen bilateral trade and collaboration within international forums amid global economic uncertainty. In the year ending December 2025, two-way trade totaled NZ$1.88 billion, with key exports and imports including services, meat, pharmaceuticals, and intellectual property, and the first official meeting is scheduled for September.
Tags: New Zealand Switzerland Todd McClay Helene Budliger Artieda Trade and Investment Dialogue FIT Partnership World Trade Organization OECD economic cooperation bilateral tradeJohn Rae Reappointed Chair of Crown Regional Holdings Board for Three Years
3 weeks ago | 220 viewsJohn 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.
Tags: John Rae Shane Jones Crown Regional Holdings Limited CRHL regional development New Zealand regional investment governance financial experienceGlobal Trade Ministers Gather in Auckland for Major FIT Partnership Meeting
3 weeks ago | 224 viewsTen trade ministers and up to 100 delegates from 21 countries will meet in Auckland for the second Future of Investment and Trade (FITP) Partnership Ministerial Meeting, chaired by New Zealand's Trade Minister Todd McClay. The meeting aims to reduce trade barriers, simplify trade rules, and address non-tariff barriers affecting $9 billion of New Zealand trade, while promoting digital trade and tackling trade-distorting subsidies. This global gathering strengthens ties among small and medium-sized economies and positions New Zealand at the forefront of international trade discussions.
Tags: Todd McClay New Zealand FIT Partnership trade ministers international trade global trade trade rules digital trade trade disruptionsKiwi Businesses Boost Productivity with $800M Gains from eInvoicing Adoption
1 month ago | 296 viewsKiwi 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.
Tags: eInvoicing productivity gains Kiwi businesses Cameron Brewer NZIER Small Business Manufacturing Minister government payments invoice fraud cloud accountingNew Zealand Exporters Gain Big as India FTA Boosts Trade Before Launch
1 month ago | 340 viewsNew Zealand exporters are experiencing significant growth in India ahead of the New Zealand-India Free Trade Agreement (FTA) coming into force, with export volumes rising due to increased demand for high-quality products like apples and kiwifruit. The FTA will immediately eliminate tariffs on 57% of exports, providing substantial financial benefits to growers and expanding opportunities in forestry, wool, wine, services, and tourism sectors. Trade Minister Todd McClay emphasizes that early exporter engagement and timely ratification of the FTA will enhance access and boost New Zealand’s trade success with India.
Tags: Todd McClay New Zealand India Free Trade Agreement apples kiwifruit Matariki Forests Air New Zealand Air India wineGovernment Funds $50M for West Coast Critical Minerals Processing Projects
1 month ago | 315 viewsThe New Zealand Government is funding two critical minerals processing projects on the West Coast through the Regional Infrastructure Fund, allocating up to $50 million to Tāiko Critical Minerals and Westland Mineral Sands. These projects aim to add value to exported minerals like titanium, zirconium, and rare earths by establishing domestic processing facilities, creating skilled jobs, and strengthening regional and national economies. The investments support long-term economic activity and contribute to a secure, diversified critical minerals supply chain essential for modern technologies and clean energy systems.
Tags: Shane Jones Tāiko Critical Minerals Westland Mineral Sands Regional Infrastructure Fund critical minerals New Zealand mineral processing titanium zirconium monaziteNew Zealand Adopts US and EU Toy Safety Standards to Cut Costs and Boost Choice
1 month ago | 330 viewsThe New Zealand Government will align its toy safety standards with those of the US and EU, allowing toys compliant with these international standards to be sold locally without additional testing costs. This update aims to reduce compliance expenses, enhance market attractiveness, increase product variety, and is expected to generate a net benefit of $6.8 million over 10 years while maintaining child safety. An exposure draft will be released for consultation, followed by a six-month transition period for suppliers to adapt to the new regulations.
Tags: Cameron Brewer David Seymour New Zealand toy standards Ministry for Regulation Australia United States European Union Red Tape Tipline importersNew Zealand’s Top Restaurants Shine with MICHELIN Stars in Inaugural Guide
1 month ago | 323 viewsNew Zealand’s hospitality sector has gained international recognition with 60 restaurants featured in the inaugural MICHELIN Guide Oceania, including Essence earning two stars and fourteen others receiving one star. This accolade highlights the country's exceptional dining experiences and supports its reputation as a premier food destination, which is vital to tourism and contributes significantly to the economy. The guide also emphasizes regional culinary offerings and will be leveraged by Tourism New Zealand to promote the nation’s food and beverage industry globally.
Tags: Louise Upston Essence Robert Fairs Stina Persen Matthew Aitchison Tala Inati Ahi Ortega Logan BrownNew Zealand Boosts Tourism with $5M Marketing Investment in Key Markets
1 month ago | 444 viewsThe New Zealand Government plans to boost tourism growth by investing $4 million in targeted marketing in Australia, the United States, and China, alongside a $1 million boost to attract more business events. Tourism and Hospitality Minister Louise Upston emphasized that tourism, as the country's second-largest export, is vital for economic growth, with goals to restore visitor numbers to pre-pandemic levels by 2026 and double tourism export value in ten years. These investments, funded by the International Visitor Levy, aim to accelerate visitor numbers, support high-value business events, and deliver economic benefits across New Zealand.
Tags: Louise Upston Tourism New Zealand New Zealand Australia United States China MBIE Stats NZ International Visitor Levy Business EventsNew Zealand Boosts Small Businesses with New AI-Powered Government Funding
1 month ago | 446 viewsNew Zealand's government is funding AI-powered initiatives to support 600,000 small businesses, aiming to unlock growth opportunities with smart, data-driven tools. The investment expands AcceleratorNZ to provide AI-driven business diagnostics to 500 more firms and helps Business Mentors New Zealand develop an AI Digital Mentor tool to better match mentors with businesses. These efforts modernize support services, enhancing efficiency while maintaining human mentorship to help small businesses grow, compete, and succeed.
Tags: Cameron Brewer AcceleratorNZ Business Mentors New Zealand BMNZ New Zealand small businesses AI tools Government funding Business South AI Digital Mentor