Articles tagged with Economic Growth
New Zealand Construction Industry Welcomes Expanded Range of Building Products for Cost Savings and Quality Boost
3 days ago | 96 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 week ago | 178 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
3 weeks ago | 348 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
3 weeks ago | 196 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