Updated 23 September 2025
Businesses thrive when they can tap into a workforce equipped with the skills to drive innovation and growth. Individuals thrive when they have the skills and qualifications to secure fulfilling and ongoing employment.
Cabinet paper seeks agreement to a transitional support mechanism to assist businesses transitioning from the Growth Grant programme to the Research and Development Tax Incentive.
This report, prepared by Motu Economic and Public Policy Research and the University of Otago in May 2025, evaluates the Research and Development Tax Incentive (RDTI) over its first five years of operation (2019–2024). It provides an independent assessment of the scheme’s impact on business R&D expenditure, innovation, productivity, compliance costs, and administration, using mixed-methods analysis of quantitative data and stakeholder interviews.
The Regional Events Promotion Fund (REPF) provides $5 million over 2 years to support the promotion of regional events to the domestic market. The fund is contestable and aims to encourage regional dispersal and increase visitor spend in the regions with an additional focus on encouraging seasonal dispersal by promoting events outside of the peak summer season.
In late June 2018, officials from Inland Revenue, Ministry of Business, Innovation and
Employment and Callaghan Innovation went to Norway and the UK to discuss the R&D tax credit
schemes operating in these countries. These countries were chosen for more intensive examination
because they have operated a refundable tax credit scheme for over 15 years. This briefing summarises the key findings from the trip.
Briefing to Hon Dr Megan Woods Minister of Research Science and Innovation on 29 June 2018 to inform her of the main themes from submissions received during the consultation on the R&D Tax Incentive Discussion Document Fuelling Innovation to Transform our Economy.
The approach to remote sensing permitting decisions seeks to minimise the risks to New Zealand’s national interests, including our reputation, values, and foreign policy goals, while recognising those risks cannot be entirely eliminated.