MBIE’s Trade and International team hosted a virtual workshop for Asia Pacific Economic Cooperation (APEC) member economies on building an enabling environment for financial technology (fintech). This workshop was designed for APEC members to share their experiences about the digitalisation of financial services, emerging regulatory environments for fintech across the region, and the role fintech can play in supporting international trade and the achievement of environmental social governance (ESG) objectives.
Government announced a suite of new initiatives to accelerate and support Māori and Pacific Peoples research aspirations to the benefit of all New Zealanders.
There is a significant growth story ahead for successful digital technology firms in Aotearoa New Zealand. Given our distance from markets, these companies are important because they are global from day one, have a lower environmental footprint on average, are not constrained physically so are scalable, and present a pathway to high paying jobs for more New Zealanders. These are some of the reasons for backing New Zealand’s digital technologies sector.
This section covers areas where some preparatory work has been undertaken. These work areas have been identified as important to progress. However, further policy planning, development and/or dedicated funding are required to shape up work programmes in the future.
Consultation is now open on a draft Long-term Insights Briefing on ‘The future of business for Aotearoa New Zealand: An exploration of 2 trends influencing productivity and wellbeing – purpose-led business and use of blockchain technology’.