13 Sep 2025
1 year ago
1373 views
Minister Todd McClay will lead a delegation of 21 New Zealand businesses to Riyadh to enhance trade ties with Saudi Arabia, aiming to tap into the country's significant economic potential outlined in its Vision 2030 strategy. The mission will spotlight New Zealand's strengths in food, agriculture, technology, and creative sectors, aligning with the government's goal to double export value in a decade and support Saudi Arabia's development objectives. With Saudi Arabia already a key export market for New Zealand, bilateral trade has seen substantial growth, reaching $1.58 billion, showcasing the mutual benefits of the partnership.
12 Sep 2025
1 year ago
1323 views
Regional Development Minister Shane Jones praised the collaborative effort between Buller District Council, Development West Coast, and Endura in building 10 new units at Reefton Campground using local labor and businesses. The project aims to enhance accommodation options for both locals and tourists. The initiative not only provided employment for 50 local workers but also boosted the local economy, with Endura leasing the units initially for its staff before repurposing them for visitor accommodation.
12 Sep 2025
1 year ago
1293 views
The Government is investing $1.6 million to repair and reopen Tasman’s Great Taste Cycle Trail, damaged by recent storms, aiming to boost tourism and support local businesses. The funding will address flood and wind damage by repairing sections, replacing infrastructure, and creating alternative routes. Reopening the trail will benefit the Nelson-Tasman region, reconnect communities, and provide opportunities for locals and visitors to enjoy the outdoors.
12 Sep 2025
1 year ago
1355 views
The Government is providing $50k to Nelson Tasman for domestic tourism marketing to support local businesses impacted by severe weather events, according to Tourism and Hospitality Minister Louise Upston. Nearly 70% of tourism and hospitality businesses in the region have suffered revenue losses due to cancellations and a drop in visitors. The funding will be used for a domestic marketing campaign to promote tourism in Nelson Tasman, emphasizing its importance for the local economy and encouraging visitors to explore the region.
10 Sep 2025
1 year ago
1471 views
The Rotokawa Geothermal Reservoir in New Zealand's Taupō Volcanic Zone has been chosen for the country's first supercritical geothermal exploration, with plans to develop multiple wells for enhanced power output. The site selection followed thorough geological studies and risk assessments, with a focus on involving the local community and cultural considerations. A Memorandum of Understanding has been signed between stakeholders to explore the potential of supercritical geothermal energy, with a multi-disciplinary team working on regulatory approvals, design, and drilling for the project's success.
04 Sep 2025
1 year ago
1829 views
The NZ Transport Agency has awarded a $42 million contract to HEB Construction Limited to begin construction on the Ōmanawa Bridge replacement in October, as part of the State Highway 29 Tauriko West project. This project aims to enhance safety, resilience, and freight efficiency along SH29, a crucial corridor in the Auckland-Hamilton-Tauranga triangle, with a total of $7 billion already allocated for Government-funded projects nationwide. Future phases of the project will involve route protection and consenting for a new four-lane SH29, supporting growth in Tauranga and the Western Bay of Plenty with improved travel times and reduced accidents.
27 Aug 2025
1 year ago
1415 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.
20 Aug 2025
1 year ago
1462 views
Finance Minister Nicola Willis highlights the benefits of falling interest rates, including support for growth, businesses, job creation, and mortgage holders. The Reserve Bank has reduced the Official Cash Rate (OCR) from 3.25 to 3 percent, with further decreases expected. Lower interest rates stimulate economic activity, reduce mortgage repayments, and are seen as a positive response to economic challenges, signaling improving conditions and effective economic management by the government.
10 Aug 2025
1 year ago
1635 views
The Government is introducing two new seasonal visa pathways to assist New Zealand businesses in accessing necessary workers during peak periods, while also prioritizing job opportunities for New Zealanders. The Global Workforce Seasonal Visa (GWSV) is a three-year visa for experienced seasonal workers in various industries, while the Peak Seasonal Visa (PSV) is a seven-month visa for short-term roles. Visa holders must spend time offshore before returning, and employers must advertise roles and engage with MSD to prioritize New Zealand workers.
08 Aug 2025
1 year ago
2057 views
The Government will amend the Building Code to enhance fire safety protections for New Zealanders, prompted by a nationwide fire safety review following a tragic fire at Loafers Lodge in Wellington. Over 100 organizations and individuals contributed feedback during the consultation, highlighting the need for clearer regulations and improved evacuation measures, especially in larger residential buildings. The Ministry of Business, Innovation and Employment will incorporate this feedback into proposed Building Code changes separate from the regular update cycle, with a focus on aligning fire safety provisions with modern technologies and ensuring the safety of occupants and firefighters.
07 Aug 2025
1 year ago
1807 views
Ministers Seymour and Simpson have announced a Ministry for Regulation review to address the high costs and complexities of New Zealand's product labelling regulations, which hinder affordability and global competitiveness. The current system, comprising over 30 codes and standards, imposes unnecessary compliance burdens on businesses, leading to increased prices and limited wage growth. The review aims to streamline regulations, reduce compliance costs, and enhance Kiwi goods' competitiveness internationally, with a focus on benefiting both businesses and consumers by simplifying the labelling process.
31 Jul 2025
1 year ago
1838 views
Conservation Minister Tama Potaka highlights the importance of eradicating invasive weeds to benefit tourism and rural businesses in New Zealand. The government is investing in early detection technology and allocating funds from the International Visitor Levy to protect iconic landscapes like Abel Tasman, Aoraki/Mt Cook, and Tongariro. Additional funding is directed towards combating wilding pines and other significant weeds, aiming to safeguard the environment, economy, and biodiversity of the country.
27 Jul 2025
1 year ago
2123 views
Building and Construction Minister Chris Penk announced a pause on major changes to the Building Code system to provide stability and clarity for the building sector amidst disruptions from the pandemic and supply chain challenges. The government aims to implement a predictable three-year cycle for updates, allowing businesses to plan ahead and invest with confidence. While major changes will be paused, updates related to life safety, energy efficiency, Building Product Specifications, and fire safety will continue, supporting economic growth and productivity improvements in the building sector.
16 Jul 2025
1 year ago
2169 views
The Electricity Authority announced changes aimed at reducing electricity bills for Kiwi households and businesses, with a focus on fair pricing for rooftop solar and battery exports and introducing time of use plans. The government is also working on a review of the electricity sector to ensure fair prices and address energy shortages. These changes are expected to incentivize uptake of solar and battery systems, reduce power prices over the long term, and enable small-scale systems to meet peak demand.
15 Jul 2025
1 year ago
3030 views
Workplace Relations and Safety Minister Brooke van Velden applauds the passage of the Employment Relations Amendment Bill, emphasizing its significance in fostering business confidence and employment opportunities. The bill will now undergo review by the Education and Workforce Select Committee to gather public feedback on proposed changes. Key provisions of the legislation aim to clarify employment arrangements, simplify the grievance process, and enhance flexibility in negotiations between employers and employees.