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Invest In NZ News

  • Deepening our relationship with China

    Tourism Minister Kelvin Davis will travel to China tomorrow to deepen the 2019 China-New Zealand Year of Tourism and our relationship with China.

    “The 2019 China-New Zealand Year of Tourism showcases our flourishing people-to-people connections, offers opportunities to foster new relationships and strengthen current ones,” Kelvin Davis said.

  • Business leader to chair APEC CEO Summit committee

    Barbara Chapman has been appointed chair of the CEO Summit Committee for APEC 2021, Trade and Export Growth Minister David Parker announced today.

     Barbara Chapman is a highly respected business leader, a past CEO of ASB Bank, a former chair of Oxfam New Zealand and is currently the chair of Genesis Energy. She has strong commercial skills, including in marketing and innovation, and is a champion for diversity.

  • Proposal to better protect taxpayers from cost of potential oil spills

    Offshore oil and gas operators would be required to hold higher levels of insurance to ensure they can cover the cost of an oil spill under proposed new rules announced today by Associate Minister for Transport Julie Anne Genter.

  • New advice safeguards will protect consumers

    Consumers will have more peace of mind dealing with financial advisers under a new licensing and rules regime announced today by Minister of Commerce and Consumer Affairs Hon Kris Faafoi.

  • Pacific Peoples Minister to attend Pacific Community’s (SPC) biennial Conference

    Minister for Pacific Peoples Aupito William Sio will travel to New Caledonia tomorrow to represent New Zealand at the Pacific Community’s (SPC) biennial Conference on 21 June in Noumea, along with Ministers and representatives from other SPC member countries.

    “As the oldest and largest Pacific regional organisation, SPC has a critical role in providing scientific and technical services to its Pacific country members,” Aupito William Sio says.

  • DOC takes charge of riverbed clean-up from Fox landfill

    The Minister of Conservation and Associate Minister for the Environment Eugenie Sage says that the Department of Conservation (DOC) will replace Westland District Council (WDC) as the lead agency coordinating the clean-up of the riverbed and coast downstream of the Council’s Fox River landfill.

    Last month the Government provided Westland District Council with $300,000 in funding to assist with the clean-up costs from its flood damaged landfill.

  • New Zealand ratifies Niue Treaty Subsidiary Agreement

    Parliamentary Under-Secretary for Foreign Affairs Fletcher Tabuteau today announced New Zealand’s ratification of the multilateral Niue Treaty Subsidiary Agreement (NTSA) at the opening of the sixteenth annual ministerial meeting of the Pacific Islands Forum Fisheries Committee, in the Federated States of Micronesia.

  • Compliance strengthened for property speculation

    Inland Revenue is to gain greater oversight of land transfer information to ensure those buying and selling properties are complying with tax rules on property speculation.

    Cabinet has agreed to implement recommendation 99 of the Tax Working Group’s (TWG) final report. It will require most people who buy and sell properties to supply their IRD number on land transfer documentation.

  • New Zealand expresses deep concern at rising tensions in the Gulf of Oman

    Foreign Affairs Minister Winston Peters has expressed New Zealand’s on-going and deep concern at the latest incidents in the Gulf of Oman and has condemned the recent provocative attacks on civilian shipping in the region.

    “While fortunately no-one has been killed, these latest attacks on vessels near the Strait of Hormuz are dramatically raising tensions in the region, and could have wider consequences,” said Mr Peters.

  • Budget Boost For Students At Risk

    Education for students who are risk of disengaging from school receives a $9.8 million boost in Budget 2019, Associate Education Minister Tracey Martin announced today.

    “Education isn’t one-size-fits-all – we need options to support learners who are dealing with a range of challenges, such as difficult family circumstances, mental health issues or addiction,” Minister Martin says. 

  • New scheme for financially distressed farmers

    Agriculture Minister Damien O’Connor has announced a new debt mediation scheme that will help farmers in financial distress deal with their lenders.

    The Farm Debt Mediation Bill, which was approved by Cabinet today, will require creditors to offer farmers who default on payments mediation before they take any enforcement action.

  • Two-month extension for fairer GST regime

    Offshore businesses that supply low-value goods to New Zealand have been granted a two-month extension to get systems in order for a new method to collect GST.

  • Under-Secretary Tabuteau to visit Federated States of Micronesia to meet with Pacific Fisheries Ministers

    Under-Secretary for Foreign Affairs Fletcher Tabuteau is travelling to the Federated States of Micronesia tomorrow to represent New Zealand at the sixteenth annual ministerial meeting of the Pacific Islands Forum Fisheries Committee. The Committee is the governing body of the Pacific Islands Forum Fisheries Agency.

  • Blessing for Waingakau housing development

    The Minister for Māori Development and Associate Minister of Housing Hon Nanaia Mahuta congratulates the rōpū behind the Waingakau Housing Development that will see 120 new homes built in the Hawkes Bay.

    Te Taiwhenua o Heretaunga and Waingakau Housing Development Ltd formally blessed the site in Flaxmere this morning where the Waingakau Housing Development will be built.

  • Regions leading ultra-fast broadband uptake

    The regions are leading the way in ultra-fast broadband uptake, says Broadcasting, Communications and Digital Media Minister Kris Faafoi.

  • Petroleum Reserves data released

    Details of New Zealand’s petroleum reserves as they stand at the beginning of 2019 have been released today by the Ministry of Business, Innovation & Employment.

    The data, compiled from assessments of permit holders’ annual summary reports, shows a seven per cent increase in proved plus probable gas reserves estimates over the past year.

  • Changes coming for screen sector workplace relations

    Law changes have been announced for contractors working in New Zealand’s screen sector. The changes, proposed by industry and largely supported by Government, will see contractors allowed to bargain collectively.

    Currently, most workers in New Zealand’s screen sector are contractors who are not entitled to employment rights, including the right to collectively negotiate terms and conditions of work.

  • Electricity generation mix affected by gas constraints

    A constrained gas supply during the first quarter of 2019 led to a rise in coal-fired electricity generation, according to the New Zealand Energy Quarterly released today by the Ministry of Business, Innovation and Employment.

    The latest New Zealand Energy Quarterly covers the period January-March 2019 and provides quarterly data and analysis on energy supply, demand, prices and associated greenhouse gas emissions.

  • New powers for emergency building management

    The Building Amendment Bill (the Bill), which passed its third and final reading in Parliament today, provides a new system for managing buildings after an emergency, and clear legislative powers for investigating building failures, says Minister for Building and Construction Jenny Salesa.

    “The safety of our buildings is critical to our social and economic wellbeing,” says Jenny Salesa says.

  • $14.4 million to fund cutting-edge scientific research

    Four new sector-led research partnerships will receive funding of $14.4 million over the next seven years through the 2018 Partnerships Investment Round

    The Partnership Scheme strengthens ties between research organisations and users, particularly industry, by supporting them to establish a long-term programme. Members determine the research they will undertake, so the research is driven by an industry or sector’s needs.

  • Conformance system set up for the future with the launch of a new Strategy

    The Ministry of Business, Innovation and Employment has today released the Conformance System Strategy, which aims to enhance the contribution of New Zealand’s conformance system to the economy and consumer wellbeing.

    New Zealand’s conformance system plays an important role in our economy by making sure goods, services, personnel and systems meet standards or regulatory requirements.

  • New Zealand’s new partnership with the Pacific Disability Forum

    A new partnership between New Zealand and the Pacific Disability Forum was announced today by Minister for Disability Issues, Carmel Sepuloni, at the United Nations in New York.

    The Pacific Disability Forum is a regional non-governmental organisation that works to build the capacity of disabled people’s organisations in the region and aims to improve the lives of people with disabilities in the Pacific through advocacy.

  • Government reviewing live animal exports

    Agriculture Minister Damien O’Connor says a conditional ban on the live export of cattle is one of several options being considered as part of a review of the trade in live animals. 

    Mr O’Connor updated Cabinet yesterday about a review of the trade and will present more in-depth work and options soon. 

  • Keeping New Zealand’s large dams safe

    The Ministry of Business, Innovation and Employment (MBIE) has opened consultation on proposed safety regulations for New Zealand’s large dams, to ensure dam safety regulation is robust and in line with internationally recognised best practice.

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