The New Zealand economy operates within a global context and is heavily reliant on two-way trade, based on competitive advantage. It is important for the economy to adapt and innovate. MBIE also seeks to increase capital intensity, develop international connections and boost innovation.
MBIE strengthened the foundations for innovation-led growth by reforming New Zealand's science system, supporting emerging technologies, and improving access to talent, capital and expertise.
During the year, MBIE strengthened New Zealand's energy security, affordability and sustainability, and supported the sustainable development of natural resources.
During the year, MBIE invested in tourism, major events and infrastructure initiatives to support economic growth, improve productivity and strengthen resilience across New Zealand.
MBIE supports the Government of the day in delivering core priorities, including the Government’s quarterly action plans, as well as economic strategies and policies.
Te Ara Amiorangi is MBIE’s organisational strategy. Te Ara refers to a pathway, and Amiorangi refers to a celestial navigation point. It sets the direction, highlighting where we need to focus our efforts to achieve our vision – to Grow New Zealand for all. This year, we updated Te Ara Amiorangi to reflect our current priorities and way forward.
MBIE’s main responsibilities span 19 interconnected ministerial portfolios (with support for several more) across 3 funding areas (known as Votes).
At the Ministry of Business, Innovation and Employment (MBIE), everything we do is about Growing New Zealand for all.
Foreword from Carolyn Tremain, Secretary for Business, Innovation and Employment and Chief Executive and other key information about the Ministry of Business, Innovation and Employment.
During 2025/26, MBIE invested in the people, systems and technology needed to deliver its responsibilities and organisational strategy, Te Ara Amiorangi.
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