Articles tagged with Government Policy
New Zealand Boosts Space Launch Cap from 100 to 1000 for Industry Growth
1 hour ago | 35 viewsNew Zealand has increased the permitted number of space launches from 100 to 1000 to support the rapid growth of its space and advanced aviation sectors, which are significant contributors to the economy. This change follows a regulatory review that found low environmental risks for up to 1000 launches and provides long-term certainty for industry planning until at least 2050. The government aims to double the size of these sectors by 2030, ensuring continued innovation and investment while maintaining clear environmental standards.
Tags: Judith Collins Penny Simmonds New Zealand space launches advanced aviation space sector environmental regulations orbital rockets government policy economic growthGovernment Investment Boost Drives Early, Larger Investments and Economic Growth
2 hours ago | 24 viewsThe Government’s Investment Boost is effectively encouraging firms to increase, accelerate, and scale up their investments, thereby enhancing productivity and economic growth. Survey data shows that a significant portion of companies have raised their investment spending and shifted toward productivity-enhancing assets due to the policy, with Inland Revenue modeling indicating a reduction in the effective marginal tax rate on new capital investment. These positive impacts align with projections of GDP, wage, and capital stock growth over the next 20 years, demonstrating the importance of stable, supportive tax policy for long-term economic development.
Tags: Nicola Willis Investment Boost Inland Revenue New Zealand Economic Growth United Machinists Foot Science International Vynco Government Policy ProductivityFast-Track Approvals Amendment Bill Passed to Boost Economy and Grocery Competition
2 months ago | 277 viewsThe Fast-track Approvals Amendment Bill has been passed to streamline and expedite the approval process for important projects, particularly benefiting supermarket competition and regional development. The amendments aim to reduce consent processing times by over six weeks, making it easier for new supermarkets to open and boosting economic growth. Ministers emphasize that these changes will promote affordability, regional prosperity, and faster project delivery by addressing previous inefficiencies and red tape.
Tags: Nicola Willis Chris Bishop Shane Jones economic growth supermarket competition resource consent grocery affordability regional development government policy statementGovernment Invests $5M in Eastland Port to Boost Gisborne's Economy
2 months ago | 299 viewsAssociate Transport Minister James Meager announced a $5 million Government investment in new container-handling equipment for Gisborne’s Eastland Port to boost economic opportunities and regional connectivity. This funding, from the Coastal Shipping Resilience Fund, aims to support local businesses, improve freight resilience, and enhance the region’s ability to handle disruptions like those caused by Cyclone Gabrielle. The investment is expected to attract new trade, create jobs, and help double the value of exports from Tairāwhiti over the next decade.
Tags: James Meager Dana Kirkpatrick Eastland Port Gisborne Tairāwhiti Cyclone Gabrielle Associate Transport Minister Government Policy Statement Coastal Shipping Resilience Fund New Zealand freight systemHealth New Zealand's Strategic Plan for Improved Health Outcomes 2024-2027
6 months ago | 2261 viewsHealth New Zealand presented the New Zealand Health Plan to Parliament, as required by the Pae Ora (Healthy Futures) Act 2022. The plan outlines how Health New Zealand will address the Government's health priorities from 2024 to 2027, focusing on improving health outcomes and access to care. It includes targets for faster cancer treatment, improved mental health services, reducing wait times, and enhancing the health workforce, with a clear emphasis on accountability and transparency for tracking progress.
Tags: Health New Zealand New Zealand Health Plan Parliament Pae Ora (Healthy Futures) Act 2022 Simeon Brown Government Policy Statement on Health 2024–2027 health targets mental health and addiction targets Elective Boost programme primary care.