Articles tagged with Economic Growth
New Zealand's Aviation Action Plan: 25 Actions to Future-Proof Sector
3 hours ago | 36 viewsAn ambitious Aviation Action Plan with 25 key actions has been launched in New Zealand to ensure the growth and sustainability of the aviation sector, supporting trade, tourism, and economic development across the country. Led by Associate Transport Minister James Meager and the Interim Aviation Council in partnership with the government, the plan aims to address challenges such as embracing innovation, building a skilled workforce, and enhancing consumer rights and accessibility for disabled travelers. Key actions include promoting growth and innovation in emerging technologies, addressing workforce issues, utilizing RNZAF Base Ohakea as an alternative runway, and supporting regional routes through loans and investments.
Tags: Aviation Action Plan New Zealanders James Meager Interim Aviation Council Government Trade Tourism Economic Growth InnovationNew Commerce Act Amendments Boost Public Protection and Business Certainty
4 hours ago | 25 viewsThe Government is updating the Commerce Act after nearly 20 years to enhance protection for the public and provide more certainty for businesses, focusing on promoting competition, innovation, and fair markets. Key changes include preventing unfair tactics, clearer merger rules, strengthening the Commerce Commission, and facilitating beneficial collaborations among businesses. The amendments aim to ensure the Commerce Commission is more effective, separate governance and regulatory functions, and give the Commission stronger tools to assess mergers and competition concerns, ultimately promoting fairer markets and consumer choice.
Tags: Government Commerce Act Economic Growth Minister Nicola Willis Commerce and Consumer Affairs Minister Scott Simpson Competition Innovation Commerce Commission Collaboration Mergers ConsumersImmigration Minister Erica Stanford Leads Delegation to Promote Active Investor Plus Visa in the US
4 hours ago | 22 viewsImmigration Minister Erica Stanford is leading a delegation to the United States to promote New Zealand's Active Investor Plus visa, which has attracted over $1 billion in proposed investments since April 1, with US investors showing the most interest. The trip aims to engage with potential investors interested in New Zealand's business opportunities and economic growth, highlighting the country's appeal as a safe and pro-business environment. Minister Stanford will visit New York, Los Angeles, and San Francisco for events organized by Invest NZ, emphasizing the importance of attracting investment to support economic development and create opportunities for New Zealanders.
Tags: Erica Stanford Immigration Minister United States Active Investor Plus visa Invest NZ New Zealand investors economic growth delegation potential investorsWhanganui Airport Invests in Safety and Connectivity Boost
1 month ago | 215 viewsThe Government will invest $3.35 million in Whanganui Airport to build a new sealed parallel taxiway, enhancing safety and regional connectivity. This investment aims to address safety concerns by reducing the risk of collisions and aircraft congestion, making flying safer for pilots and passengers. The taxpayer-funded project, supported by local MP Carl Bates, will improve resilience, support economic growth, and benefit the region's aviation industry and community.
Tags: Whanganui Airport safety regional connectivity economic growth James Meager investment taxpayer funding Carl Bates aviation New Zealand International Commercial Pilot AcademyBoosting Sustainable Tourism with $17.5M Investment in Natural Attractions
1 month ago | 435 viewsThe $17.5 million investment in sustainable tourism aims to boost regional economies by supporting jobs and incomes at popular natural attractions in New Zealand. The funding will improve visitor planning and management at key sites like Aoraki Mount Cook National Park and Milford Sound, ensuring the conservation areas continue to attract tourists with stunning nature. Additionally, investments in Great Walks and DOC campsites will enhance service and management, contributing to the country's economic growth driven by tourism expenditure of $44.4 billion and over 300,000 jobs.
Tags: Tama Potaka sustainable tourism Conservation Minister Aotearoa New Zealand tourism conservation areas Department of Conservation Great Walks tourism concessions economic growthNew Zealand Construction Industry Welcomes Expanded Range of Building Products for Cost Savings and Quality Boost
1 month ago | 495 viewsStarting tomorrow, New Zealand will see increased accessibility of various building products such as plasterboard, cladding systems, external doors, and windows, aiming to boost the construction industry and lower building costs. The government, led by Building and Construction Minister Chris Penk, is focused on driving economic growth, creating jobs, and improving wages through initiatives like allowing quality overseas building products into the market. These changes are part of a broader effort to introduce competition, reduce costly monopolies, and streamline the use of international building standards, with the Building Product Specifications document being a key resource for this transition.
Tags: Chris Penk New Zealand construction building products economic growth plasterboard cladding systems external doors windows AustraliaFinance Minister Nicola Willis: Inflation Under Control as Govt Focuses on Economic Growth
1 month ago | 508 viewsNew data released by Stats NZ today shows inflation at 2.7 per cent for the 12 months to the June 2025 quarter, remaining within the Reserve Bank's target range, according to Finance Minister Nicola Willis. This marks the fourth consecutive quarter of inflation being within the target range, contrasting with previous higher rates under the previous government. Local authority rates and payments were noted as the largest contributor to annual inflation, prompting the government to call for better management to keep rates under control and ensure economic growth for job creation and public services funding.
Tags: inflation Finance Minister Nicola Willis Stats NZ Consumers Price Index Reserve Bank New Zealanders council rates local authority rates economic growth New ZealandNew Zealand's First AI Strategy Unveiled by Science Minister to Drive Economic Growth and Innovation
2 months ago | 1140 viewsScience, Innovation and Technology Minister Dr Shane Reti has launched New Zealand’s first AI Strategy to boost productivity and grow a competitive economy. “AI could add $76 billion to our GDP by 2038, but we’re falling behind other small, advanced economies on AI-readiness and many businesses are still not planning for the technology,” says Dr Reti. “We must develop stronger Kiwi AI capabilities to drive economic growth, and this Strategy sends a strong signal that New Zealand supports the uptake of AI.
Tags: Shane Reti AI Strategy New Zealand GDP economic growth regulatory guidance responsible AI adoption innovation productivity technologyAccelerating Economic Growth Through Efficient Conservation Land Applications Processing
2 months ago | 472 viewsA targeted effort to reduce the backlog of applications for use of conservation land is accelerating economic growth without compromising conservation values, says Conservation Minister Tama Potaka. “Over the years, decision makers at the Department of Conservation – Te Papa Atawhai became wrapped and trapped in a sticky ball of red tape unnecessarily slowing the success of tourism operators, researchers, major infrastructure project developers, among many others. “The department is doing a great job delivering on my expectation to crack on with the mahi.
Tags: Conservation Minister Tama Potaka Department of Conservation Te Papa Atawhai tourism applications economic growth infrastructure AI tools Kokiri Lime conservation land