Articles tagged with Economy
Indian Minister Piyush Goyal Strengthens New Zealand-India Trade Ties
12 hours ago | 40 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 BusinessNew Cycle Trails Boost Ruapehu Tourism and Economy
3 days ago | 56 viewsThe Government is funding the completion of Te Ara Mangawhero and Te Hangāruru trails, connecting them to create the Mountains to Sea – Ngā Ara Tūhono cycle journey, aiming to attract more visitors to the Ruapehu region and boost the Central North Island economy. These trails are crucial for completing the full 231km journey from Mount Ruapehu to the Tasman Sea, with only one section left to finish. The project, led by various trusts and organizations, emphasizes partnership, cultural significance, and environmental sustainability, with completion expected by early 2027 through funding from the International Visitor Levy and the Major Events and Tourism Package.
Tags: Ruapehu region Central North Island economy Te Ara Mangawhero Te Hangāruru trails Mountains to Sea Ngā Ara Tūhono cycle journey Louise Upston Tama Potaka Ngā Waihua o Paerangi Trust Te Korowai o WainuiāruaNew Zealand, Singapore, and Chile Launch Green Economy Partnership Agreement in Korea
4 days ago | 86 viewsPrime Minister Christopher Luxon and Minister for Trade and Investment Todd McClay, along with their Singaporean and Chilean counterparts, launched negotiations for the Green Economy Partnership Agreement (GEPA) in the Republic of Korea. The agreement aims to boost trade and investment opportunities in the global green economy, estimated to reach US$11 trillion by 2040, by focusing on areas such as sustainable finance, green goods and services, and low emissions fuel alternatives. The negotiations, set to continue until 2026, follow the signing of a Comprehensive Strategic Partnership with Singapore and underline New Zealand's commitment to meeting climate targets and fostering a greener economy through international collaboration.
Tags: Christopher Luxon Todd McClay New Zealand Singapore Chile Green Economy Partnership Agreement GEPA Republic of Korea trade agreements climate targetsMinister Andrew Hoggard Represents NZ at World Dairy Summit and Visits South American Agribusinesses
2 weeks ago | 144 viewsNew Zealand's Biosecurity, Food Safety, and Associate Agriculture Minister Andrew Hoggard is representing the country at the World Dairy Summit in Chile, where global dairy industry stakeholders convene annually. Hoggard aims to showcase New Zealand's efficient farming practices and discuss the country's innovative, sustainable dairy products at the event. The dairy sector's crucial role in global nutrition, economic support, and New Zealand's export growth strategy is emphasized through Hoggard's participation and upcoming engagements in Argentina and Uruguay.
Tags: Biosecurity Food Safety Agriculture Minister Andrew Hoggard New Zealand World Dairy Summit farmers dairy products nutrition economySimplifying Science Funding in New Zealand for Greater Impact
3 weeks ago | 114 viewsDr Shane Reti announced the establishment of Research Funding New Zealand, a single board to simplify science funding decisions in New Zealand based on recommendations from the Science System Advisory Group. The new system aims to reduce complexity and bureaucracy, allowing researchers to focus more on impactful research, innovation, and economic growth. Public investment in science will be redirected towards key areas like the economy, environment, health, and technology, with a phased transition over four years to ensure continuity and minimize disruption.
Tags: Shane Reti New Zealand Science Innovation Technology Funding Research Economy Health EnvironmentNew Zealand's Growing Space and Aviation Sectors: Scale, Ambition, and Global Impact
3 weeks ago | 142 viewsSpace Minister Judith Collins highlights the growth and global relevance of New Zealand's space and advanced aviation sectors, aiming to double their value by 2030. The sectors have seen significant revenue increases, with space sector revenues reaching $2.68 billion and advanced aviation sector revenue estimated at $530 million in 2024. New Zealand is focused on building a high-tech economy, establishing a world-leading regulatory environment, and developing sovereign space capabilities to address global challenges.
Tags: space advanced aviation sectors ambition global relevance Judith Collins New Zealand Aerospace Summit Christchurch economyNew Zealand's Bioeconomy Boost: Government Invests $42M in Biodiscovery Platform for High-Value Exports
1 month ago | 185 viewsThe New Zealand government is investing over $42 million in a Biodiscovery Platform to develop high-value pharmaceutical and bio-based exports from the country's natural resources. Led by the Bioeconomy Science Institute, this initiative aims to tap into the global market for bio-based products, particularly natural pharmaceuticals, which is expected to exceed $300 billion by 2027. By supporting research, innovation, and commercialization, the platform seeks to create jobs, grow businesses, and strengthen New Zealand's economy in alignment with the country's strategic focus on science and technology.
Tags: Shane Reti New Zealand Biodiscovery Platform Bioeconomy Science Institute pharmaceuticals innovation economy biodiversity export opportunitiesNew Zealand Defence Industry Strategy: Boosting Local Businesses and Resilience
1 month ago | 161 viewsNew Zealand's Defence Industry Strategy aims to support local businesses in delivering defence equipment and infrastructure, aligning with the 2025 Defence Capability Plan to double defence spending. The strategy emphasizes building a resilient industry to mitigate global tensions and enhance economic growth through collaboration with Kiwi innovators and major suppliers. Key actions include requiring multinational companies to partner with local businesses, establishing a Technology Accelerator, and creating offshore opportunities for showcasing New Zealand-made innovations to international partners.
Tags: Defence Minister Judith Collins Associate Defence Minister Chris Penk Defence Industry Strategy New Zealand industry Defence Capability Plan economy innovation technology suppliersExploring Controlled Burn as Solution for Wilding Conifer Invasion in Central Otago
1 month ago | 160 viewsBiosecurity Minister Andrew Hoggard supports a recent 50-hectare controlled burn of wilding conifers in Central Otago as a strategy to combat the invasive weeds and make land usable again. The burn, monitored by Scion Group, is part of ongoing research by the National Wilding Conifer Control Programme. The objective is to destroy wilding seeds and reduce the need for future control efforts, with post-burn monitoring to assess effectiveness.
Tags: Andrew Hoggard Biosecurity Minister wilding pines controlled burn invasive weeds landowners Scion Group Bioeconomy Science Institute National Wilding Conifer Control Programme Contorta pineMinister of Internal Affairs Achieves Shortest Citizenship Wait Times in Five Years
1 month ago | 228 viewsMinister Brooke van Velden highlights significant improvements in citizenship application processing, with wait times reduced from 180 to 69 days, the shortest in five years. The Department of Internal Affairs prioritized clearing the backlog, resulting in a 70% decrease in the number of people waiting for a decision. Van Velden emphasizes the importance of recognizing and valuing the contributions of those applying for citizenship, acknowledging the efforts and sacrifices made by new Kiwis.
Tags: Brooke van Velden Minister of Internal Affairs citizenship government services efficiency Labour Department of Internal Affairs New Zealand economy cultureUnlocking New Zealand's AI Potential for Sustainable Growth and Innovation
1 month ago | 239 viewsThe content discusses the importance of AI in driving innovation, productivity, and economic growth in New Zealand. It highlights the government's commitment to AI through policies, infrastructure development, and investments in research and education. The focus is on fostering responsible AI use, building a skilled workforce, and collaborating internationally to leverage AI opportunities for economic advancement. The government's initiatives aim to position New Zealand as a leader in AI technology and drive sustainable growth through innovation.
Tags: AI Forum Executive Council New Zealand Government AI Strategy technology innovation AI science economy AI R&DNew Auckland Third Main Line Revolutionizes Rail Freight & Passenger Services
1 month ago | 190 viewsThe new Third Main Line in Auckland, funded in 2020 with a $328 million investment, is set to revolutionize rail freight and increase the frequency of passenger trains, according to Rail Minister Winston Peters and Transport Minister Chris Bishop. The opening event in South Auckland included a passenger train journey along the 6.5km line from Wiri to Middlemore Station. This project aims to alleviate congestion on roads, boost efficiency in freight connections, and enhance transport options for Aucklanders, complementing other recent investments in the city's transport network.
Tags: Auckland rail freight passenger trains Winston Peters Chris Bishop KiwiRail transport infrastructure economy New ZealandUnlocking Eden Park: Government Investigates Rule Changes to Boost Major Events Venue
1 month ago | 215 viewsThe Government aims to enhance Eden Park's status as a major events venue by investigating potential changes to local rules that may be limiting its capabilities. Eden Park, New Zealand's largest major events stadium, contributes significantly to Auckland's economy through concerts and sporting events. The investigation will assess current restrictions, such as limits on the number and timing of events, with the possibility of modifying these rules under the Resource Management Act to stimulate economic growth and development.
Tags: Eden Park Government Investigation RMA Reform Minister Chris Bishop Tourism Minister Louise Upston Events Auckland Economy Planning Rules Resource Management ActNew Zealand Government Unveils $70 Million Boost for Major Events and Tourism
1 month ago | 245 viewsThe Government has unveiled a $70 million investment package to boost major events and tourism projects in New Zealand, aiming to stimulate economic growth and confidence. Tourism and Hospitality Minister Louise Upston emphasizes the importance of major events in supporting local economies, creating jobs, and attracting visitors. The package includes funding for securing international events, supporting existing events, promoting regional tourism, and upgrading tourism infrastructure to enhance New Zealand's competitiveness as a tourism destination.
Tags: Government Louise Upston Tourism Events Investment Economy New Zealand International Funding InfrastructureDigital Infrastructure and Science Reform: Driving Innovation and Growth in New Zealand
1 month ago | 345 viewsOpening Remarks express gratitude to the organizers and attendees of the summit themed "Digital as Core Infrastructure," highlighting the importance of digital infrastructure for science, innovation, and economic growth. The reforms aim to streamline the science, innovation, and technology system, with a focus on maximizing government funding and driving real-world impact. The AI Strategy emphasizes a balanced approach to regulating AI, leveraging existing laws while fostering innovation and maintaining public trust.
Tags: Digital Infrastructure Science Innovation Technology Craig AI Strategy New Zealand Tertiary Research Excellence Fund Bioeconomy Science Institute Earth Sciences New Zealand New Zealand Institute for Advanced Technology REANNZ