New Zealand’s natural environment is important to our sense of identity and has great cultural and recreational significance. It also supports much economic activity. Some of our biggest contributors to export growth, such as tourism and the primary sector, rely heavily on using the natural environment.
The Government promotes fair and thriving markets by setting rules and defining rights that allow businesses to operate effectively and protect people from harm.
People need work that provides fair pay. But work is more than simply income; it can also give people a sense of purpose and allow them to develop skills, experience and social connections.
In the future, New Zealand’s economy will have a different mix of sectors, jobs and skills. We will help communities to adapt and to benefit from the changes as we move to a knowledge-intensive, low-emissions economy.
Some clear themes have emerged over the past year as we have put in place policies, projects and people to help us Grow New Zealand for All. We are operating in a fast-changing world and our economy must be able to respond as quickly. We need to be future-focused, innovative and collaborative to meet this challenge.
Kei te tino harikoa au ki te whakatakoto atu i te pūrongo ā-tau a Hīkina Whakatutuki mō te tau 2018/19. It gives me great pleasure to present the Ministry of Business, Innovation and Employment’s (MBIE) 2018/19 Annual Report.
This section of the annual report provides a commentary on MBIE’s 2019/20 financial results, including the impact of COVID-19, and a view of our forecast financial plans for 2020/21.
MBIE was one of the first New Zealand government agencies to face the challenges of COVID-19 given the presence of our offshore visa processing office in Beijing, which needed to be shut down back in January. Since then, we have played an integral leadership role in supporting the Government's ‘Response’ effort and the ‘Recovery’ and ‘Rebuild’ components.
Everything we do at MBIE is about Growing New Zealand for All. We recognise that a strong economy is one in which we use the skills, knowledge and time of our people in conjunction with our natural resources, and financial and physical capital to improve the wellbeing of current and future generations. We worked closely with Treasury to shape and deliver the Government’s Economic Plan which sets out the action needed to transition New Zealand’s economy to one that is productive, sustainable and inclusive. Our five outcomes outlined in our Statement of Intent show how MBIE aims to support sustainable economic performance and build an economy that improves wellbeing across New Zealand.
E tino harikoa ana au ki te tāpae i te Pūrongo Ā-Tau 2019/2020 a Hīkina Whakatutuki. It gives me great pleasure to present the Ministry of Business, Innovation and Employment’s (MBIE) 2019/20 Annual Report.
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