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.
MBIE invites feedback on a proposal to address two technical open banking issues. The issues relate to the way that businesses delegate permission to authorise open banking data-sharing, and the extent to which open banking is enabled for professional trust accounts.
Updated 20 July 2025 This update highlights the critical role infrastructure needs to play in growing New Zealand’s economy. Good roads, schools, hospitals and other forms of infrastructure are essential in the modern world. Between now and the end of the year, $6 billion of government-funded construction projects are getting underway. They will not only improve infrastructure but create and sustain jobs from Northland to Southland.
Updated November 2025 New Zealand’s economy relies heavily on exports from a range of sectors, including food and fibre, tourism, technology, and education. These industries are key sources of foreign income. The Government has set an ambitious goal of doubling export value in 10 years. To achieve this, New Zealand must improve access to international markets, increase the value and diversity of its exports, and attract high-quality investment to boost productivity and support long-term growth.
MBIE was directed by Cabinet to lead a review of the Treaty principles provisions in the Crown Minerals Act 1991 (CMA), separate to the review being undertaken by the Ministry of Justice (MOJ).
Economic growth is ultimately driven by business owners who take risks to invest in the growth of their company, creating jobs, higher incomes for New Zealanders and a stronger New Zealand economy.
The Ministry of Business, Innovation and Employment (MBIE) has welcomed the sentencing of Neil Gould in the North Shore District Court for offending relating to the use of a forged document to support a building project’s Code Compliance Certificate (CCC) application.
Using new ideas, knowledge and technology to develop better ways of doing things helps the New Zealand economy grow. Having more businesses investing in technologies and innovation will create higher-paying jobs for New Zealanders and diversify the economy into new industries and markets.
Poorly designed and over-burdensome regulation undermines investment and innovation. For a small economy like New Zealand, competition is everything.
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