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Invest In NZ News

  • Safety improvements added to Waikato state highway

    Work gets underway next month on safety improvements on a stretch of State Highway 1B between Taupiri and Hamilton, Associate Minister of Transport Tim Macindoe has announced.

    Mr Macindoe visited the site today to make the announcement.

  • Budget 2017: Further $6 million investment in Bay of Plenty Schools

    Around $6 million will be invested to build more new classrooms in the Tauranga area, say Education Minister Nikki Kaye and Associate Education Minister Tim Macindoe.

    Mr Macindoe visited Tauranga Boys’ College today to make the announcement.

  • $35m for advanced genomics research

    The Government will invest up to $35 million over seven years in Genomics Aotearoa, a new collaborative science organisation supporting advanced genomics research, Science and Innovation Minister Paul Goldsmith announced today.

    “Genomics is a fast-moving, data intensive research field that underpins a wide range of science that is increasingly important to New Zealand,” Mr Goldsmith says.

  • $9m redevelopment of Mana College, Porirua

    Around $9 million will be invested to redevelop Mana College in Porirua, say Education Minister Nikki Kaye and Associate Education Minister Tim Macindoe.

    Minister Kaye visited the school this morning to make the announcement, along with the Prime Minister, the Right Hon Bill English, and MP Brett Hudson, a Mana College old boy and the school’s first ever member of parliament.

  • Prisoners complete 11 million hours of Industry, Treatment and Learning

    Eleven million hours of rehabilitation, education, employment and constructive activities have been completed by prisoners in the last financial year, as part of the Working Prisons initiative, says Corrections Minister Louise Upston.

    Working Prisons involve prisoners in a structured 40 hour week in preparation for their release and reintegration into the community.

  • Microbeads to be banned in New Zealand

    The sale and manufacture of wash-off products containing plastic microbeads will be banned in New Zealand earlier than previously expected, Associate Environment Minister Scott Simpson announced today.

    “Microbeads pose a high risk to our aquatic and marine environments. They are too small to retrieve or recycle, do not biodegrade, and are mistaken by marine life for food, causing long-term damage to marine animals,” Mr Simpson says.

  • Education and industry collaborating on digital learning opportunities

    Education Minister Nikki Kaye says the Ministry of Education has been working closely with the ICT industry on ways to enhance digital technologies learning, and is finalising criteria for the $6 million Digital Technology for All Equity Fund.

    “This fund is about securing providers who can deliver high-quality programmes, either in-school or out-of-school, which engage young people in innovative digital technologies learning,” says Ms Kaye.

  • Start-up fund to be refocused

    The Government’s Seed Co-investment Fund is being refocused to achieve greater commercial returns and provide better support to new start-up companies, Economic Development Minister Simon Bridges has announced.

    The $50 million fund partners with angel investor groups to provide early stage capital into young start-ups.   

  • New site for Te Kura Kaupapa Māori o Te Wānanga Whare Tāpere o Takitimu, Hastings

    A new site has been purchased for Te Kura Kaupapa Māori o Te Wānanga Whare Tāpere o Takitimu in Hastings, Education Minister Nikki Kaye and Associate Education Minister Tim Macindoe announced today.

    “I’m delighted to announce that the Ministry of Education has purchased 90-120 Bennett Road in Waipatu, Hastings, to provide a long-term home for the kura,” says Ms Kaye.

  • Defaulting student loan borrowers stump up $5m

    Defaulting student loan borrowers in Australia have stumped up nearly $5 million in payments, thanks to new information received from tax authorities across the Tasman, Revenue Minister Judith Collins and Tertiary Education, Skills and Employment Minister Paul Goldsmith say.

    An information exchange between the countries allows the Australian Taxation Office (ATO) to provide Inland Revenue with up-to-date contact details for Kiwi borrowers living in Australia.

  • Grad vets encouraged to apply for funding

    Associate Minister for Primary Industries Louise Upston is encouraging graduate vets working in rural areas to apply for funding through the Vet Bonding Scheme.

    Since the Scheme was launched in 2009, 227 graduates vets have helped address the ongoing shortages of vets working with production animals in rural areas of New Zealand.

  • Dairy industry body joins GIA biosecurity partnership

    The Dairy Companies Association of New Zealand (DCANZ) has become the fifteenth and largest industry sector to join the Government Industry Agreement (GIA) biosecurity partnership, Primary Industries Minister Nathan Guy has announced today.

    DCANZ is the national organisation representing the dairy processor and exporters sector, comprised of 11 members responsible for 99% of the milk processed in New Zealand.

  • Govt housing support more comprehensive than ever

    The Government is providing warm and safe housing for those New Zealanders who need a helping hand, says Social Housing Minister Amy Adams.

    “We’re committed to helping vulnerable New Zealanders who need help with housing. That's why we spend over $6 million each day helping 310,000 New Zealanders with their housing and accommodation costs,” says Ms Adams.

  • $100m social investment mental health package

    The Government has today announced details of the $100 million social investment fund for mental health, says Social Investment Minister Amy Adams and Health Minister Jonathan Coleman.

    The $100 million fund will be invested in a package of 17 new initiatives aimed at helping New Zealanders suffering from mental health issues, as well as focusing on improving services and earlier intervention.

  • 15 EV projects receive funding and next funding round opens

    Energy and Resources Minister Judith Collins today announced funding for 15 projects to increase charging facilities for electric vehicles and switch more trucks, buses and vans to electric power.

    The projects are the latest to be funded under the Low Emission Vehicles Contestable Fund, administered by the Energy Efficiency and Conservation Authority (EECA).

  • Huge opportunities for NZ Defence industry

    The Government’s planned investment in Defence over the next 15 years represents a huge opportunity for New Zealand companies, says Defence Minister Mark Mitchell.

    Mr Mitchell told Defence industry representatives last night that the country needs a Defence Force that is equipped and supported to respond to a rapidly changing strategic environment.

  • Updated plan to address Auckland’s growth

    Transport Minister Simon Bridges has released a joint report by the Government and Auckland Council, which updates work undertaken as part of the Auckland Transport Alignment Project (ATAP) to understand the required level of transport investment needed in Auckland over the next decade.

    “ATAP is the strategic plan for Auckland’s transport infrastructure investment, policies and services to be delivered over the next three decades.

  • Learning support pilot extends to more than 70,000 children

    Education Minister Nikki Kaye has announced that thousands more children and young people will benefit from a new approach that’s making it easier for children to access additional learning support services (previously described as special education).

    “I’m pleased to be rolling out a pilot that’s been trialled in three Bay of Plenty Communities of Learning to up to another 30 Communities across the country,” says Ms Kaye.

  • Options to trim employer PAYE costs proposed

    Revenue Minister Judith Collins has today welcomed the release of a tax officials’ paper, seeking feedback on options to reduce the cost to employers of administering PAYE information.

    “We are aware that certain aspects of PAYE, such as correcting simple errors and sending that information to Inland Revenue, are still largely manual.  This can impose excessive compliance costs on business.

  • New benefits for Electric Vehicle owners

    Operators of electric vehicles (EVs) are set to benefit from rule changes which will see heavy electric vehicles exempt from road user charges and potentially allow drivers of electric vehicles to use bus and high occupancy vehicle lanes, Transport Minister Simon Bridges says. 

    From 1 September 2017 heavy EVs will be exempt from road user charges, which otherwise apply to vehicles that do not pay for petrol at the pump, until they make up two per cent of New Zealand’s heavy vehicle fleet.

  • $7 million safety upgrade for Taupo bypass

    The Government is investing $7 million in a major safety upgrade project to help reduce serious and fatal crashes on the Taupo Bypass section of State Highway One, Associate Minister of Transport Tim Macindoe says.

    Ten kilometres of the East Taupo Arterial Road, between the Wairakei roundabout and the SH5 Napier-Taupo Road roundabout, will be widened and a median flexible safety barrier will be installed. Rumble strips will also be added and minor improvements will be made to the two roundabouts.

  • Bill to modernise Telco Act to be introduced

    Communications Minister Simon Bridges will introduce a Bill to Parliament today that brings New Zealand’s telecommunications regulatory framework into the 21st century.

  • World Masters Games brings in $63 million

    Economic Development Minister Simon Bridges and Sport and Recreation Minister Jonathan Coleman welcome new data that shows that the World Masters Games was a major success.

    “New Zealand is gaining a reputation for hosting world class events and hosting major events provides a welcome boost for our economy,” says Mr Bridges.

  • NZ to strengthen tax agreements with India, San Marino

    Two Orders in Council signed this week will help strengthen New Zealand’s tax agreements with India, and with San Marino, to prevent tax evasion, says Revenue Minister Judith Collins. 

    The Third Protocol to New Zealand’s double tax agreement (DTA) with India updates previous exchange of information provisions and inserts an article relating to assistance in the collection of taxes into the DTA.

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