Tags : business

Govt laying tracks to support economic recovery

The Government is fulfilling its commitment to bring New Zealand’s rail network back up to scratch and support the economic recovery, Transport Minister Michael Wood announced today. KiwiRail’s inaugural Rail Network Investment Programme (RNIP) was released today which details renewals and upgrades on the rail network over the next three years. The Programme includes: ·       Fully […]readmore

Economic resilience shown in Crown accounts

The Government’s books show that the New Zealand economy is continuing to display resilience in the face of the ongoing impact of COVID-19. The Crown accounts for the eleven months to the end of May 2021 show the operating balance before gains and losses (OBEGAL) was a deficit of $3.6 billion, $5.8 billion better than forecast […]readmore

OECD report card shows NZ a strong performer

The OECD’s latest review of the New Zealand economy shows growth picking up due to the Government’s ongoing support to secure the recovery from the effects of COVID-19. “The OECD Economic Outlook notes New Zealand is expected to be one of the stronger performers in the OECD, with a robust rebound due to our swift […]readmore

New public-private effort on digital uptake

A new public-private partnership has been launched to improve access to digital technology and training for small businesses, to take advantage of new opportunities through e-commerce. Small Business Minister Stuart Nash has joined business, corporate and industry leaders to launch the 20-member Digital Boost Alliance at The Mind Lab in Auckland. “Last week’s Budget committed $44 million for digital training and […]readmore

Backing Small Business as economy recovers

A new digital training, advice and support service will enable small businesses to take advantage of opportunities in e-commerce as they recover from the global economic impact of COVID-19. Greater use of digital technology will be a hallmark of commerce in the future, yet many small and medium enterprises (SMEs) struggle to embrace new tools […]readmore

KiwiSaver default provider scheme improvements slash fees, boosts savings

Hundreds of thousands of New Zealanders will be significantly better off in retirement following changes to the default KiwiSaver scheme, Finance Minister Grant Robertson and Commerce and Consumer Affairs Minister David Clark said today. The new default provider arrangements, which will take effect once the terms of the current providers ends on 30 November 2021, […]readmore

Pre-Budget speech to Business New Zealand

Kia ora koutou katoa It’s great to be here today, at our now-regular event in anything-but-regular times. I last spoke to some of you in mid-March. That was an opportunity to reflect on an extraordinary 12 months, but also to reflect on how the future was shaping up. In what has truly become a sign […]readmore

Crown accounts show confidence in Govt economic plan

The Government’s financial accounts continue to reflect the resilience of the economy and confidence in the Government’s economic recovery plan. The Crown accounts for the nine months to the end of March 2021 show both OBEGAL and the operating balance remain better than forecast in the Half Year Economic and Fiscal Update (HYEFU) released in December […]readmore

Speech to China Business Summit

Ladies and gentlemen, distinguished guests, ate marie, tena koutou katoa, good morning. I am very happy to be here with you once again at my fourth China Business Summit. Thanks again to you, Fran, for being the driving force behind this event.  As ever, I’m very pleased to see such a range of speakers and […]readmore

Backing the trades to support the rebuild

The Government is extending the Apprenticeship Boost initiative by four months to further support trades and trades training, Education Minister Chris Hipkins announced today. The announcement was made during a visit to Fair and Square Building Services Ltd in Lower Hutt, Wellington and forms part of a suite of measures to be announced next week to help […]readmore