12 Mar 2026
7 months ago
1399 views
Tourism and Hospitality Minister Louise Upston emphasized the hospitality industry's significant contribution to New Zealand’s economy, generating over $9 billion in GDP and shaping visitor experiences. Since the first Hospitality Summit in 2024, the government has collaborated with the industry by introducing the Michelin Guide, investing in regional tourism, supporting major events, and reviewing regulations. The 2026 Summit focused on reflecting progress and planning practical steps to build a strong, resilient hospitality sector through continued partnership between government and industry.
11 Mar 2026
7 months ago
1224 views
The Minister of Science, Innovation and Technology highlighted New Zealand’s significant reforms to its science system, including the creation of unified funding bodies, advisory councils, and major bioeconomy institutes to enhance research impact and economic resilience. Emphasizing the convergence of life sciences with advanced technologies like AI and quantum computing, the government is investing in platforms such as the Biodiscovery Platform and Infectious Diseases Research Platform to drive innovation, health security, and sustainable growth. The Minister also addressed the importance of modernizing gene technology regulations to keep pace globally, underscoring the government’s commitment to supporting science that benefits New Zealand’s economy, environment, and communities.
04 Mar 2026
7 months ago
1276 views
New Zealand's international trade statistics reveal strong export growth, reaching $29.2 billion in the December quarter, driven by key sectors like dairy, tourism, and meat. Trade and Investment Minister Hon Todd McClay highlights the importance of open markets, strong trading relationships, and government support in sustaining this success amid global economic uncertainty. The government remains committed to enhancing trade by reducing barriers, expanding free trade agreements, and empowering exporters to drive economic growth and job creation.
18 Feb 2026
8 months ago
1537 views
Agriculture Minister Todd McClay and Māori Development Minister Tama Potaka congratulated the finalists for the 2026 Ahuwhenua Trophy, which honors Māori excellence in farming and horticulture, highlighting their contribution to New Zealand’s economy and rural employment. The competition now includes horticulture, reflecting its 50% growth on Māori land since 2017, and recognizes the sector’s role in supporting Māori communities through jobs and reinvestment. Finalists will host field days for further judging, with the overall winner announced on 5 June in Whangārei.
04 Feb 2026
8 months ago
1296 views
Finance Minister Nicola Willis highlights that an additional 15,000 people gained jobs in New Zealand in the last quarter of the year, alongside increased hours worked and job-seeking activity, indicating a growing economy. Although the unemployment rate rose slightly to 5.4%, it remains below Treasury forecasts, with expectations of a future decline as economic recovery continues. Additionally, the proportion of young people not in education, training, or employment decreased, reflecting positive outcomes from government efforts to support business growth and employment.
29 Jan 2026
8 months ago
1301 views
Nelson Marina has received a $12.89 million loan from the Regional Infrastructure Fund to expand its facilities, including installing a 110-tonne vessel hoist and increasing hardstand capacity from 14 to 54 bays. The project, co-funded by Nelson Marina Management Ltd with a matching $12.89 million, aims to create up to 110 construction jobs and 180 ongoing roles, boosting the region's $350 million blue economy. Construction is set to begin in May and is expected to be completed by mid-2028, supporting the government's goal of regional economic growth through improved infrastructure.
29 Jan 2026
8 months ago
1280 views
Nelson’s marina expansion has received a $12.89 million loan to upgrade infrastructure, including a 110-tonne vessel hoist and expanded maintenance capacity, aiming to boost the regional economy and create up to 180 ongoing jobs. The project, co-funded by Nelson Marina Management Ltd and owned by Nelson City Council, will also feature a new marine service centre with office, retail, and workshop spaces. Construction is set to begin in May and finish by mid-2028, supporting Nelson’s significant blue economy, which contributes over $350 million annually and employs more than 3,700 people.
18 Dec 2025
10 months ago
1507 views
Finance Minister Nicola Willis welcomed the strong 1.1% economic growth in the third quarter, driven by 14 of 16 sectors, signaling a positive turnaround after challenging years. Key job-rich sectors like manufacturing, construction, and business services showed significant growth, alongside increases in exports and investment, indicating promising future job prospects and higher incomes. With GDP per capita rising 0.9% and forecasts predicting accelerated growth and lower unemployment next year, the government’s strategy to strengthen the economy appears effective.
02 Dec 2025
10 months ago
1186 views
Trade and Investment Minister Todd McClay announced the launch of Invest New Zealand, an agency focused on attracting significant foreign investment to boost the economy by targeting projects from $20 million to $1 billion and advising on supportive policies. InvestNZ will prioritize six strategic growth areas, including renewable energy, technology, and advanced manufacturing, while acting as a bridge between local investors and high-value opportunities. Additionally, three investment prospectuses for Tourism, Wood Processing, and Innovative Food Production were introduced to showcase New Zealand's competitive sectors and attract global investors.
02 Dec 2025
10 months ago
1329 views
International visitors to New Zealand are increasing in number and spending more, driving significant growth in the tourism sector and economy, with total spending reaching $12.3 billion for the year ending September 2025. Visitor numbers rose to 3.43 million, reaching 88% of pre-pandemic levels, boosted by higher-spending travelers, especially from the USA. The government supports this growth through the Tourism Growth Roadmap, aiming to double tourism export value by 2034 while enhancing visitor experiences and regional opportunities.
14 Nov 2025
11 months ago
1057 views
Climate Change Minister Simon Watts will attend COP30 in Belém, Brazil, emphasizing the need for all countries to take meaningful climate action in line with the Paris Agreement. He aims to deepen cooperation for New Zealand's transition to a low-emission economy through innovation and investment. Additionally, Mr Watts will meet with global counterparts and promote New Zealand companies in São Paulo before returning on November 21.
12 Nov 2025
11 months ago
1258 views
US supermarket giant Costco is planning to open a second store in South Auckland, welcomed by Economic Growth Minister Nicola Willis. The Government is facilitating quick approvals for new supermarkets through legislation and working closely with Costco for efficient consenting processes. Kiwi Property has agreed to sell land for the new Costco store, expected to boost the economy, create jobs, and enhance competition for shoppers.
05 Nov 2025
11 months ago
1164 views
Labour market statistics released today show a slight increase in unemployment to 5.3% in the September quarter, aligning with forecasts. The Finance Minister emphasizes the government's commitment to rebuilding the economy and creating more job opportunities for New Zealanders. Efforts include reducing taxes, boosting investments, and supporting businesses to drive economic recovery and job growth.
05 Nov 2025
11 months ago
1194 views
The Government will invest over $80 million in transformative research projects for New Zealand's economy, health, and environment, led by Science, Innovation, and Technology Minister Dr Shane Reti. The funding includes 107 Marsden Fund projects over three years to support established and emerging scientists in innovative research for lasting benefits. The diverse portfolio of funded projects ranges from cancer treatment advancements to geothermal energy utilization, reflecting the commitment to fostering breakthrough discoveries and driving transformative knowledge for New Zealand's future.
04 Nov 2025
11 months ago
1165 views
Indian Minister of Commerce and Industry Piyush Goyal will visit New Zealand to strengthen trade ties, reflecting the deepening relationship between the two countries over the past two years. The visit underscores the commitment of both governments to building a strategic and enduring partnership, with a focus on expanding trade and investment opportunities. Minister Goyal's agenda includes attending a business summit, engaging with the New Zealand-Indian community, visiting businesses in Rotorua, and discussing Free Trade Agreement negotiations with Trade and Investment Minister Todd McClay.