New Zealand has a flexible labour market, high rates of employment, relatively open borders and, historically, a well-performing education system. However, the country faces significant challenges: school achievement and attendance are dropping in comparison with countries New Zealand competes with, and we face challenges in attracting, training and retaining talent.

Regional tourism organisations will receive a total of $3 million to attract more international visitors to regional New Zealand this year.

We are working with the Department of Internal Affairs to advance the new direction for water services and policy based on Local Water Done Well.

The Government is investing up to $4 million to help bring the Ocean Race back to New Zealand in 2027.

Te Ōhanga Māori 2023 – The Māori Economy 2023 report is on track for launch in early 2025.

The Ministry of Business, Innovation and Employment is pleased to share with you our Long-term Insights Briefing: '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'. Thank you to everyone who shared their knowledge and insights to inform the development of the Briefing.

The Ministry of Business, Innovation & Employment is consulting on 2 proposals to strengthen New Zealand’s Capital Markets.

Today the Government released Going For Growth, setting out its approach to enable economic growth, to deliver more jobs, higher incomes, and money to invest in services like our schools, hospitals and roads.

The Government committed to stopping ITPs as part of the National-Act Coalition Agreement and its 100-Day Plan. ITPs were developed for 8 sectors: Advanced Manufacturing, Agritech, Construction, Digital Technologies, Fisheries, Food and Beverage, Forestry and Wood Processing and Tourism. Work on Industry Transformation Plans has stopped, and the Government’s commitment completed.