10 Sep 2026
1 month ago
399 views
Revenue Minister Simon Watts introduced a Bill aimed at growing the economy by reducing compliance costs, simplifying tax rules, and removing unnecessary obligations, including a streamlined approach to fringe benefit tax for employer-provided vehicles. The Bill also updates Foreign Investment Fund rules to attract skilled workers and investment, improves cash flow for start-ups, reduces red tape for charities and not-for-profits, and strengthens student loan enforcement. Overall, these changes seek to create a more efficient, world-leading tax system that benefits businesses, investors, charities, and borrowers.
28 May 2026
4 months ago
1117 views
Budget 2026 introduces targeted tax changes to support economic growth, including improvements to the Research and Development Tax Incentive for quicker payments and tighter software expenditure caps, as well as adjustments to Foreign Investment Fund rules to simplify offshore investing. It also simplifies fringe benefit tax compliance, strengthens tax system integrity by taxing outstanding shareholder loans after company liquidation, and updates thin capitalisation rules for foreign-owned banks. Additionally, the Government is investing $15 million annually in Inland Revenue compliance efforts to enhance tax collection, contributing to funding public services.
15 May 2026
5 months ago
967 views
Fast-track approval has been granted for the $100 million Wellington International Airport Southern Seawall Renewal project, which will upgrade 400 metres of the ageing seawall to enhance resilience against coastal and weather challenges. The project will also create two protected kororā (little penguin) colonies with purpose-built habitats and generate 114 jobs annually during construction, delivering significant economic benefits with an estimated cost-benefit ratio of 2.6. This initiative aims to safeguard the airport’s long-term operations, supporting the region’s economy that relies heavily on the airport’s activities.
16 Apr 2026
6 months ago
1178 views
Minister Louise Upston highlights that more New Zealanders moved from benefits into work over the year to March 2026, despite challenging economic conditions, with 5,580 more people exiting benefits compared to the previous year. The number of people receiving Jobseeker Support and working-age main benefits decreased significantly, reflecting the impact of the Government’s welfare reset and initiatives like the Traffic Light System and Kōrero Mahi seminars. These measures aim to make jobseekers more proactive and work-ready, providing practical support to help them secure sustainable employment.
06 Mar 2026
7 months ago
1250 views
The Government has passed legislation to clarify the impact of ACC payments on welfare entitlements, addressing an unfair discrepancy between those receiving weekly ACC payments and those receiving lump sum payments while their ACC claims are considered. The Social Security Amendment Act ensures equal treatment for all ACC recipients, correcting a court-interpreted anomaly that previously favored one group over another. This change aims to create a fair and equitable process, with transitional provisions for individuals seeking review before the Bill's introduction.
01 Dec 2025
10 months ago
1146 views
New government procurement rules, effective immediately, aim to boost Kiwi businesses by simplifying tender processes and introducing a minimum 10 percent economic benefit weighting in contract evaluations. The Ministry for Business, Innovation and Employment will monitor compliance and impact, ensuring agencies prioritize New Zealand economic benefits such as workforce participation and training. These changes apply to contracts over specified thresholds and comply with international trade obligations by allowing foreign companies to demonstrate economic benefits to New Zealand.
28 Nov 2025
11 months ago
1169 views
Minister for Regulation David Seymour highlights that cutting red tape in New Zealand has generated significant economic benefits, with a return of $11–$17 for every dollar spent, totaling an estimated net public benefit of $223 million to $337 million over 10 years. Examples include lifting bans on medical conferences and revoking unnecessary sector-specific regulations, which have already brought millions in benefits and promise ongoing savings across various industries. The government aims to continue reducing unnecessary regulations to boost productivity, economic growth, and public value through practical reforms and improved regulatory standards.
19 Oct 2025
1 year ago
1134 views
The Traffic Light System is expanding with two new non-financial sanctions related to job searches and upskilling, aimed at increasing accountability for beneficiaries. These sanctions require reporting job search activities and attending employment-related training courses. The government is focused on reducing benefit dependency, offering support services and incentives to help individuals transition into employment and meet their obligations. The goal is to have fewer people on Jobseeker Support by 2030 by proactively preparing individuals for employment opportunities.
09 Oct 2025
1 year ago
1313 views
Changes to government procurement rules in New Zealand aim to give local businesses a better chance at winning contracts by introducing an economic benefit test, effective from 1 December. These new rules, resulting from feedback received during consultation, include simplifying processes, reducing the number of rules, and emphasizing the economic value and job creation for Kiwis. The changes are designed to make it easier for both local and international businesses to compete for government contracts while upholding international trade commitments and ensuring responsible use of taxpayer money.
05 Oct 2025
1 year ago
1639 views
Minister Louise Upston announces two key initiatives aimed at reducing benefit dependency and encouraging young New Zealanders to stay in work. The first initiative involves removing Jobseeker payments for 18- and 19-year-olds if their parents can financially support them. The second initiative offers a $1,000 bonus payment to young people who participate in the Community Job Coaching service, secure employment, and remain off benefits for 12 months.
03 Sep 2025
1 year ago
1138 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.
27 Aug 2025
1 year ago
1412 views
The Government of New Zealand is modernizing visa settings to attract experienced businesspeople through the new Business Investor Visa, aiming to stimulate economic growth and job creation. The visa offers two investment options: a $1 million investment with a three-year work-to-residence pathway and a $2 million investment with a 12-month fast-track to residence pathway. This initiative replaces the Entrepreneur Category, aims to deliver real economic benefits, and is part of a broader refresh of business visa settings to support the country's economy.
17 Jul 2025
1 year ago
1870 views
Over 80,700 individuals transitioned from benefits to employment in the past year, reflecting the government's focus on facilitating job opportunities despite economic challenges. While the total number of beneficiaries has increased, particularly in Jobseeker Support, this aligns with seasonal trends and the government's efforts to provide enhanced support services for job seekers. Initiatives such as increased case management, community job coaching, and regular work seminars aim to assist individuals in securing and maintaining employment, with a focus on transitioning people off welfare and into work during the economic recovery period.
02 Jul 2025
1 year ago
2463 views
Social Development and Employment Minister Louise Upston says a strong turnout for the first in a series of regional employment events reinforces a cross-sector commitment to get Kiwis into jobs, boost employment and grow the economy. Kicking off the MSD-led series in Levin, Minister Upston and officials met with representatives of around 30 employers and other stakeholders, reinforcing job opportunities across the Horowhenua and Kāpiti Coast regions. “It was great to attend this event, acknowledge the commitment of MSD and recognise the partnership with local employers,” Louise Upston says.