Supporting Government priorities

The Government is focused on increasing growth to achieve economic success and has identified 5 main pillars.

To support the Government and drive economic growth, MBIE will lead and contribute to several significant initiatives aimed at helping achieve the main pillars, as set out below.

Government economic pillars Significant initiatives for MBIE include:
Build infrastructure for growth and resilience
  • increasing New Zealand’s renewable energy capacity
  • improving energy security and infrastructure
  • establishing a Regional Infrastructure Fund
Improve educational achievement and grow skills
  • refine immigration settings to attract the people Aotearoa New Zealand wants to work, visit and study here
Strengthen trade and investment
  • increasing the scale and pace of the development of mineral resources
  • supporting early-stage capital markets and international investment attraction
Promote innovation, science and technology
  • reviewing the state-funded science system to deliver greater commercial value, boosting innovation
  • creating a more enabling biotech environment
Improve regulation
  • streamlining the building consent system and reduce regulatory costs, as well as mandating overseas building products and systems
  • making sure seismic-related standards for buildings reflect an appropriate balance of risks and costs
  • reviewing the health and safety regime to make sure it is easier for businesses and workers to comply with, balancing costs and benefits
  • improving labour market regulation
  • modernising regulation across the media and communications sectors

Additionally, MBIE provides significant system leadership across regulatory systems and through government procurement. MBIE helps to remove barriers, achieve greater public value, and build a strong, resilient country. It also provides economic and policy advice on the Government’s vision for the future.

To successfully achieve these initiatives and make sure we gain buy-in from others, we will work with other government agencies, partner with iwi and Māori, and engage effectively with businesses, stakeholders and communities.