18 Dec 2025
10 months ago
1501 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.
10 Dec 2025
10 months ago
1189 views
The Earn as You Learn pilot, launched in Waikato in February 2025, connects high school students with manufacturers to provide paid, real-world experience while earning a manufacturing certificate, achieving over 80% learner completion and strong employer support. Due to its success, the program will expand to the Hutt Valley and Canterbury in 2026, and Auckland in 2027, aiming to increase graduates from 17 to 100-150 annually. This initiative addresses skilled labor shortages in manufacturing, a key sector for New Zealand’s economy, by fostering collaboration between industry, educators, and government to build a future workforce.
07 Oct 2025
1 year ago
1127 views
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.
18 Jun 2025
1 year ago
2357 views
Trade and Investment Minister Todd McClay and Commerce and Consumer Affairs Minister Scott Simpson have welcomed a new certification scheme, announced by the Prime Minister in Shanghai today, that unlocks access to China’s $200 million cosmetics and skincare market — a move that will drive stronger returns for New Zealand exporters and boost the economy. “This is a smart, practical step that removes a long-standing trade barrier and opens up valuable new channels for our exporters,” McClay says. “It means more high-quality, innovative New Zealand products on shelves in China - not just online, but in stores across one of the world’s fastest-growing consumer markets.