Articles tagged with Investment
Whanganui Airport Invests in Safety and Connectivity Boost
21 hours ago | 71 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 AcademyNew Zealand and Indonesia Sign Agricultural Cooperation Agreement for Trade Growth
4 days ago | 191 viewsNew Zealand's Minister of Agriculture, Trade and Investment Todd McClay and Indonesia's Minister of Agriculture Andi Amran Sulaiman signed a new bilateral arrangement in Jakarta to enhance agricultural cooperation and trade opportunities. The agreement focuses on livestock development, smart agriculture, biosecurity, agricultural research, and streamlined trade processes. Both countries will establish a Consultative Forum to coordinate future cooperation and align efforts on technical standards, certification, and regulatory requirements, aiming to boost exports and investment in agriculture.
Tags: Todd McClay Andi Amran Sulaiman agriculture trade investment cooperation bilateral arrangement Indonesia New Zealand partnershipStrengthening Economic Ties with Thailand and Indonesia: Minister Todd McClay's Mission
1 week ago | 222 viewsTrade and Investment Minister Todd McClay is traveling to Thailand and Indonesia to enhance New Zealand's economic relationships with these key Southeast Asian economies. The focus is on leveraging the region's economic growth potential, with discussions centered around doubling exports and strengthening trade ties. The Minister will engage with senior officials, promote high-value exports, and seek to expand cooperation in areas such as food security and trade agreements during his visit from 4 to 8 August.
Tags: Todd McClay Trade Investment Minister Thailand Indonesia New Zealand Southeast Asia economy exports food demandNew Zealand Petroleum Exploration Permits Open in September: Crown Minerals Amendment Bill Impact
1 week ago | 360 viewsThe Crown Minerals Amendment Bill, following its third reading, will allow operators to apply for new petroleum exploration permits starting in September. The Bill removes the ban on oil and gas exploration beyond onshore Taranaki, introduces a new tier of permit for small-scale non-commercial gold mining, and aims to boost investment in Crown-owned minerals. Changes in liability for decommissioning costs and the need for clarity in regulatory burden and risk are also addressed in the Bill to enhance investor confidence and energy security.
Tags: Shane Jones petroleum exploration permits Crown Minerals Amendment Bill oil and gas exploration energy security natural gas decommissioning investment liabilityImproved Access to Maternal Mental Health Support in Waikato, Hawke’s Bay, Mid Central, and Wellington Regions
1 week ago | 322 viewsNew funding of $4.9 million will improve access to specialist mental health support for women and families during and after pregnancy in Waikato, Hawke’s Bay, Mid Central, and Wellington regions. The investment aims to provide timely and appropriate care for those facing mental health challenges during pregnancy or postpartum, including support for birth trauma or stillbirth. This funding will create more roles in community-based specialist infant and maternal mental health services, ensuring more equitable access and reducing wait times for those in need of care.
Tags: women families mental health support pregnancy specialist care Mr Doocey maternal mental health investment access fundingHamilton & Waikato Councils Unveil Groundbreaking Multi-Council Water Services Plan
2 weeks ago | 287 viewsHamilton City and Waikato District Councils have collaborated on the first multi council water services delivery plan, aiming to benefit ratepayers by providing safe, reliable, and affordable drinking and wastewater services while keeping rate increases down. This joint effort, known as Local Water Done Well, ensures ongoing financial sustainability for 280,000 residents served by the combined organization, supporting infrastructure investment for growth and improved service quality over the next decade. Local Government Minister Simon Watts commends the councils for their proactive approach and encourages other councils to consider similar collaborative models to enhance community services.
Tags: Hamilton City Waikato District Councils water services Local Government Minister Simon Watts collaboration infrastructure ratepayers investment councilsGovernment Invests $30 Million to Expand State-Integrated Schools for Student Growth
2 weeks ago | 290 viewsThe Government is investing $30 million to support roll growth in state-integrated schools, providing more choice for parents in their child's education. This funding will create up to 1,250 new student places over four years, using cost-effective designs and offsite manufactured buildings. Education Minister Erica Stanford emphasizes the importance of integrated schools in meeting community needs and ensuring high-quality education options for students and teachers to thrive.
Tags: Government parents education investment classrooms students Erica Stanford funding choiceNZ-UAE Comprehensive Economic Partnership Agreement Boosts Export Opportunities in $500B Market
2 weeks ago | 285 viewsThe NZ-UAE Comprehensive Economic Partnership Agreement (CEPA) legislation has passed, giving Kiwi exporters access to a $500 billion market that imports 90% of its food, with tariffs on 98.5% of exports immediately removed, rising to 99% in three years. Agriculture, Trade, and Investment Minister Todd McClay highlights the benefits of the agreement in lowering costs, increasing access, and enhancing New Zealand's presence in the Middle East, aiming to capitalize on UAE consumers' demand for safe, fresh products. The CEPA aims to boost two-way trade between New Zealand and the UAE, worth $1.35 billion last year, by reducing red tape, promoting services trade, and supporting investment links, aligning with the government's goal of doubling export value in a decade.
Tags: New Zealand UAE Comprehensive Economic Partnership Agreement CEPA Todd McClay Agriculture Trade Investment Minister exporters tariffsNew Zealand Resolves Dairy Dispute with Canada Under CPTPP, Securing $157m Export Value Annually
3 weeks ago | 412 viewsTrade and Investment Minister Todd McClay announced a resolution to a dairy dispute between Canada and New Zealand under the CPTPP, projecting a $157m annual export value increase for New Zealand dairy exporters. New Zealand initiated dispute settlement proceedings due to limited dairy market access in Canada, leading to a favorable ruling and subsequent agreement for improved access through quota adjustments and penalties for misuse. McClay emphasized the importance of upholding CPTPP obligations, praised Canada for constructive engagement, and highlighted the agreement's reinforcement of the rules-based trading system.
Tags: Todd McClay Canada New Zealand dairy dispute CPTPP trade investment exporters agreement quotasMinister Nicola Grigg Leads NZ Delegation to Pacific Trade Ministers Meeting in Fiji
3 weeks ago | 262 viewsMinister of State for Trade and Investment Nicola Grigg will attend the Pacific Island Forum’s Trade Ministers Meeting in Fiji to discuss the importance of trade for economic growth and prosperity in New Zealand and the Pacific region. The meeting aims to shape the future of trade and economic integration among Pacific Island countries. Ms. Grigg highlights New Zealand's commitment to regional cooperation, resilience, and leadership in advancing Pacific trade priorities, including initiatives such as the Fiji New Zealand Business Council's strategy to increase two-way trade to NZ$2 billion by 2030 and the PACER Plus trade agreement benefiting businesses and promoting investment flows in the region.
Tags: Nicola Grigg Trade Investment Pacific Island Forum FTMM New Zealand Suva PIF World Trade Organisation PACER PlusNew Cycle Bridge Boosts West Coast Wilderness Trail, Boosting Local Economy
1 month ago | 383 viewsA new cycle bridge on the West Coast Wilderness Cycle Trail will bring more visitors to the region and boost the local economy. “I’m thrilled to be supporting the construction of the Totara River Rail Bridge, ensuring visitors can once again ride this popular trail from start to finish,” Tourism and Hospitality Minister Louise Upston says. “The West Coast Wilderness Cycle Trail is one of our Great Rides and attracts both international and domestic visitors alike, showcasing the stunning scenery of the West Coast.
Tags: Louise Upston West Coast Wilderness Cycle Trail Totara River Rail Bridge Tourism Economy Infrastructure Ross Trail Investment VisitorsInnovative Investment Boosts New Zealand's King Salmon Feed Development for Export Growth
1 month ago | 473 viewsThe Government is backing innovation to grow New Zealand’s high-value aquaculture exports, with a $455,000 investment from the new Primary Sector Growth Fund to support the development of specialised feed for King salmon, Agriculture, Trade and Investment Minister Todd McClay announced today. The $1. 2 million project—led by global aquafeed company Skretting—will design feed tailored specifically for New Zealand’s King salmon, supporting the growth of open ocean farming and helping reduce costs for local producers.
Tags: Government innovation aquaculture exports investment Primary Sector Growth Fund Todd McClay agriculture trade King salmonParliament Passes Legislation to Establish Invest New Zealand for Economic Growth and Innovation
1 month ago | 533 viewsParliament 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.
Tags: Government Invest new zealand Investment New zealand Rob morrison Todd mcclayNew Zealand's Path to Economic Growth: Easing Investment for Businesses and Higher Wages
1 month ago | 578 viewsAssociate Finance Minister David Seymour welcomes the passing of first reading for a Bill to make it easier for New Zealand businesses to receive new investment, grow and pay higher wages. The Overseas Investment (National Interest Test and Other Matters) Amendment Bill has passed its first reading in Parliament today. “New Zealand has been turning away opportunities for growth for too long.
Tags: Amendment bill David seymour New zealand Overseas investment ( national interest test and other matters Seymour ZealandNew Zealand Invests $150,000 in WTO Fisheries Subsidies Agreement for Fair Global Trade
1 month ago | 603 viewsThe Government is investing a further $150,000 to support implementation of the WTO Fisheries Subsidies Agreement—ensuring New Zealand exporters can compete on a level playing field while helping protect global fish stocks. “This is about backing rules that stop unfair subsidies and make sure all countries are held to the same standards,” Trade and Investment Minister Todd McClay says. “It’s in New Zealand’s direct interest to see this Agreement fully implemented—especially in the Pacific, where many of our key partners operate and where our seafood exporters are active.
Tags: Agreement Investment New zealand New zealand2 agreement Pacific Todd mcclay Wto fisheries subsidies agreement