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Key New Zealand economic and industry trends

This section provides an overview of the sector’s economic significance in New Zealand, highlighting its contribution to GDP and employment. Despite facing challenges like cost pressures and labour shortages, there’s a notable increase in Māori-owned construction businesses, reflecting growing diversity and opportunities within the industry.

Mid-way review of the National Science Challenge

In 2018 a mid-way review of the National Science Challenges concluded with the Science Board agreeing to fund all 11 National Science Challenges at the maximum funding amount. This amount was set by Cabinet in 2013 for 1 July 2019 – 30 June 2024, and brings the total investment to $680.8 million.