Articles tagged with Business
India's Commerce Minister Piyush Goyal Accelerates Trade Talks with New Zealand
6 hours ago | 20 viewsIndia’s Commerce and Industry Minister Piyush Goyal and a large trade delegation visited New Zealand, deepening business ties and accelerating trade talks with Trade and Investment Minister Todd McClay. The visit included high-level meetings, engagements with the New Zealand Indian community, and discussions to advance negotiations for a free trade agreement (FTA) between the two countries. Both sides are committed to securing a balanced and ambitious FTA that will benefit their trade relationship and provide access to the growing Indian economy.
Tags: Piyush Goyal Todd McClay India New Zealand Trade Minister Free Trade Agreement Business Partnership NegotiationsIndian Minister Piyush Goyal Strengthens New Zealand-India Trade Ties
3 days ago | 76 viewsIndian 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.
Tags: Piyush Goyal Todd McClay Droupadi Murmu Christopher Luxon Winston Peters India New Zealand Trade Economy BusinessInnovative AgriZeroNZ Investment: Wearable Device to Cut Agricultural Emissions and Boost Farm Productivity
3 days ago | 68 viewsThe Government and industry have invested $1.2 million through AgriZeroNZ to develop a wearable device for cows that can significantly reduce nitrous oxide emissions and nitrate leaching on farms. This investment is part of AgriZeroNZ's efforts to accelerate the development of emissions reduction tools for farmers, aligning with the Government's goal of doubling export value in 10 years. The project by Canterbury start-up Āmua is just one of several innovative ventures supported by AgriZeroNZ, aiming to drive productivity, high-value jobs, and a future-ready economy through science, technology, and innovation.
Tags: Nicola Willis Shane Reti AgriZeroNZ Āmua Government Innovation Technology Science Agribusiness CanterburyNew Zealand Tax and Social Policy Work Programme Enhances Economic Growth and Investment
1 week ago | 121 viewsRevenue Minister Simon Watts has announced a refreshed Tax and Social Policy Work Programme aimed at boosting the economy by attracting capital, talent, and small business investment. The program focuses on removing regulatory barriers, delivering a stable tax environment, and encouraging critical investment in infrastructure. Key pillars include attracting capital and talent, supporting small businesses, simplifying the tax system, and improving integrity through targeted consultations and practical reforms.
Tags: Simon Watts Tax Social Policy Work Programme New Zealand Capital Talent Small Business Investment InfrastructureEU Trade Commissioner Maroš Šefčovič Visits NZ for Business Summit and Trade Committee Meeting
2 weeks ago | 143 viewsEuropean Union Trade Commissioner Maroš Šefčovič will visit New Zealand for the European Union-New Zealand Business Summit and first NZ-EU Trade Committee meeting, marking the first visit by an EU Trade Commissioner since 2018. The summit in Auckland will involve over 400 businesses and representatives from various sectors, aiming to boost trade and investment opportunities. The meeting will focus on maximizing the benefits of the Free Trade Agreement to enhance trade, investment, and partnership between New Zealand and the European Union.
Tags: Maroš Šefčovič Todd McClay European Union New Zealand Trade Commissioner Trade Committee Business Summit Free Trade Agreement Trade InvestmentNew Zealand Government Eases Climate Reporting Burden for Businesses to Boost Market Growth
2 weeks ago | 155 viewsCommerce and Consumer Affairs Minister Scott Simpson announces changes to support business growth and capital markets in New Zealand. The Government is adjusting climate reporting regulations to reduce costs and encourage listings on the NZX. Changes include raising the reporting threshold, adjusting liability settings, and excluding managed investment schemes. These adjustments aim to ensure robust reporting, maintain market competitiveness, and provide clearer information on investments for KiwiSaver and managed funds.
Tags: Government business growth capital markets climate reporting compliance costs Scott Simpson market capitalisation climate disclosures KiwiSaver investment Financial Markets Conduct Amendment BillFinance Minister Pleased with Inflation Remaining in Reserve Bank's Target Range
2 weeks ago | 135 viewsActing Finance Minister Chris Bishop welcomes latest figures showing inflation within Reserve Bank's target range, with annual CPI inflation rising from 2.7% to 3% in the year to September 2025. Expectations are for inflation to decline towards 2% in the first half of next year, easing pressure on households and businesses. Top contributors to the annual increase were electricity (up 11.3%) and local authority rates and payments (up 8.8%), emphasizing the need for increased electricity supply and competition and the impact of local government rates on New Zealanders' finances.
Tags: Chris Bishop Stats NZ Reserve Bank inflation CPI government households businesses electricity local authorityGovernment Eases Regulations for Home-Based Cake Makers to Boost Innovation and Business Growth in Food Sector
3 weeks ago | 120 viewsThe Government is cutting red tape for home-based cake makers to reduce costs and simplify registration requirements under the Food Act, aiming to make it easier to operate and innovate in the food sector. The changes are part of a broader work program to address disproportionate regulation and provide more opportunities for individuals to turn their hobby into a business. The Red Tape Tipline is being utilized to gather feedback and make responsive changes, with further plans to reduce regulatory costs, assist businesses in innovation, and streamline processes across the food sector.
Tags: Government red tape cake makers food sector Food Safety Minister Andrew Hoggard Regulation Minister David Seymour compliance costs business consumers Red Tape Tipline.New Zealand-Singapore Comprehensive Strategic Partnership Launched for Economic Growth and Security
4 weeks ago | 146 viewsPrime Minister Christopher Luxon and Singaporean Prime Minister Lawrence Wong launched the New Zealand-Singapore Comprehensive Strategic Partnership (CSP) in Auckland, emphasizing the importance of collaboration between small states to maintain open trade, enhance security, and uphold the rules-based order. The CSP aims to support businesses, boost investments, and facilitate the expansion of New Zealand firms into Asia, ultimately leading to increased job opportunities and higher incomes for Kiwis. The partnership will address various challenges together, including supply chain resilience, digital trade, climate change, and maritime security, with a focus on enhancing cooperation in six key areas: Trade and Economics, Defence and Security, Science and Innovation, People-to-People links, Climate and Green Economy, and Supply Chains and Connectivity.
Tags: Prime Minister Christopher Luxon Singaporean Prime Minister Lawrence Wong trade security business investment jobs incomesNew Zealand Boosts Local Businesses with Procurement Rule Changes
4 weeks ago | 179 viewsChanges 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.
Tags: New Zealand Government contracts Economic Growth Minister Nicola Willis procurement rules businesses economic benefit test Kiwi businesses taxpayer money international companiesNew Zealand's Minister Chris Penk to Represent Small Business at G20 Trade Meeting in South Africa
1 month ago | 134 viewsSmall 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.
Tags: Chris Penk Small Business Manufacturing Minister New Zealand G20 Trade Investment South Africa WTO International TradeNew Zealand Approves WaterMark Certification for Over 90,000 Building Products
1 month ago | 163 viewsNew Zealand has expanded access to over 90,000 overseas building products following a law change, with the WaterMark certification scheme now recognized as an endorsed standard. This change aims to make it easier for Kiwi tradies and homeowners to choose from a wide range of plumbing products, boosting competition and lowering costs. By amending the Building Act, the Government has streamlined the approval process for quality overseas building products, ensuring compliance with the Building Code and providing greater choice for building owners and designers.
Tags: Chris Penk WaterMark New Zealand Building Act Ministry of Business Innovation and Employment Building Code MBIE Building Consent Authorities Building Product Specifications overseas building productsNew Skilled Migrant Residence Pathways to Boost Kiwi Businesses
1 month ago | 338 viewsThe New Zealand Government is introducing two new skilled migrant residence pathways to help businesses attract and retain the workforce they need. These pathways include the Skilled Work Experience pathway for migrants with at least five years of relevant work experience and the Trades and Technician pathway for migrants with specified qualifications and work experience. The government aims to balance attracting higher-skilled workers with managing migration levels responsibly, prioritizing New Zealanders for jobs, and ensuring that skilled and experienced migrants are placed in occupations where they are most needed.
Tags: Kiwi businesses Government Nicola Willis skilled migrant residence pathways Economic Growth Minister Immigration Minister Erica Stanford skilled workers New Zealanders immigration solutionsFinance Minister Appoints Hayley Gourley to Reserve Bank's Monetary Policy Committee
1 month ago | 221 viewsFinance Minister Nicola Willis appointed Hayley Gourley to the Reserve Bank’s Monetary Policy Committee (MPC), responsible for setting the Official Cash Rate (OCR) in New Zealand. Gourley's diverse experience in corporate, rural, and financial sectors will enhance the Committee's discussions, following the recommendation of the Reserve Bank's Board. She will succeed Professor Bob Buckle on 1 October 2025, who will retire at the end of September after making significant contributions to the MPC.
Tags: Finance Minister Nicola Willis Hayley Gourley Reserve Bank Monetary Policy Committee Official Cash Rate OCR New Zealand agribusinesses Professor Bob BuckleGlobal Uncertainty Impacts Economy: Minister Willis on Latest Stats NZ Data
1 month ago | 263 viewsFinance Minister Nicola Willis highlighted the impact of global uncertainty on consumers and businesses based on released economic data. Stats NZ reported a 0.9% decline in real Gross Domestic Product in the second quarter following an initial increase. Willis attributed this downturn to international turmoil and tariffs affecting investment decisions. Looking ahead, there are positive signs of economic recovery, with lower interest rates, increased mortgage lending, and a forecasted strengthening of economic growth as tariff-related uncertainty diminishes.
Tags: Economic data global uncertainty consumers businesses Finance Minister Nicola Willis Gross Domestic Product tariffs investment decisions interest rates