Articles tagged with Startups
New Zealand Boosts Support for Working Families Amid Rising Fuel Prices
41 min ago | 37 viewsA bill has passed in Parliament providing temporary financial support to about 157,000 low-to-middle income working families affected by rising fuel prices due to the Middle East conflict, including a $50 weekly boost in the in-work tax credit starting April 7. The legislation also revises tax rules, such as thin capitalisation, to attract more foreign investment, particularly for infrastructure projects, while introducing measures to support startups, employee share schemes, new migrants, and digital nomads. These changes aim to strengthen New Zealand’s economy by helping households, encouraging business growth, and making the country more attractive for work, investment, and family life.
Tags: Simon Watts New Zealand Taxation Bill Middle East conflict fuel prices working families thin capitalisation rules digital nomads startupsNew Zealand Boosts Game Development Sector with Increased Support for Startups
6 months ago | 600 viewsDr Shane Reti, the Science, Innovation, and Technology Minister, has announced increased support for early-stage game studios and startups in New Zealand to boost the growing game development sector. The Government will provide an additional $2.75 million annually to the Centre of Digital Excellence (CODE) from 2026, doubling their current funding to offer more grants to emerging game developers. The industry generated $513 million in 2024, with projections to exceed $750 million in 2025 and reach $1 billion in revenue by 2027, driven largely by overseas sales and a 29% growth in employment, creating 321 new jobs.
Tags: Science Innovation Technology Minister Dr Shane Reti game studios startups New Zealand game development Centre of Digital Excellence (CODE)