Parliament Passes Legislation to Establish Invest New Zealand for Economic Growth and Innovation

Parliament has today passed legislation to formally establish Invest New Zealand, clearing the way for the new investment attraction agency to begin operations on 1 July 2025. “This marks a major step in the Government’s plan to grow the economy by attracting more international capital, businesses and talent into New Zealand,” Trade and Investment Minister Todd McClay says. “Invest New Zealand will have a clear commercial focus—working directly with global investors to unlock opportunities that create jobs, boost innovation, and lift our long-term productivity.