Annual report 2025/26
Published: 19 Oct 2026A report on the Ministry of Business, Innovation and Employment's (MBIE's) work over 2025/26.
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Annual report 2025/26 – Pūrongo ā-tau 2025/26
The Hīkina Whakatutuki Ministry of Business, Innovation and Employment’s 2025/26 Annual Report is a review of our financial and non-financial performance against our outcomes, priorities and obligations.
On this page I tēnei whārangi
We strive to Grow New Zealand for All. Our purpose is underpinned by our 5 strategic outcomes:
- Prosperous and adaptable people, sectors and regions
- Skilled people engaged in safe and productive work
- Competitive markets with informed consumers and businesses
- Strong and resilient economy delivering energy security and value from resources
- Dynamic business environment fostering innovation, technology, and international connections.
Web version of the annual report 2025/26
This web version of the annual report 2025/26 consists of an extract of financial and non-financial performance information from the full official Annual Report 2025/26.
The official electronic version of the Annual Report 2025/26 is provided in PDF format below. Additional information, including our performance measure results, full financial statements and appendices can be found in the PDF version of the report. We may also publish this document in other electronic formats to improve the accessibility of our information. While these alternative formats may have minor presentation changes, we make every effort to ensure the information is accurately converted.
In this section I tēnei wāhanga
Chief Executive’s introduction
Foreword from Nic Blakeley, Secretary for Economic Growth and Chief Executive of the Ministry of Business, Innovation and Employment.
About MBIE
The Ministry of Business, Innovation and Employment (MBIE) plays a central role in supporting a productive, competitive and resilient New Zealand economy.
2025/26 Key operational and performance highlights
The following section provides a snapshot of MBIE’s key operational and performance highlights during 2025/26. Organised by Vote and portfolio, it presents selected examples of achievements, activities and results from across the main portfolios MBIE leads and supports. Additional information on MBIE’s performance during 2025/26 is provided throughout this report.
How MBIE measures performance and progress against its strategic intentions
MBIE’s performance framework helps us plan, deliver and report on our work. It links MBIE’s activities to the outcomes we are seeking for New Zealanders.
Progressing MBIE’s strategic intentions
Our strategic intentions are organised around 5 outcomes that guide our work and measure the impact we aim to achieve.
Implementing the Government's priorities
During 2025/26, MBIE advanced the Government’s priorities through economic growth initiatives, targeted investments, regulatory reform and responsible fiscal management.
Assessment of operations
This section outlines MBIE’s operational performance during 2025/26, including key achievements, challenges, lessons learned and improvements implemented to strengthen future delivery.
Organisational health and capability
During 2025/26, MBIE invested in the people, systems and technology needed to deliver its responsibilities and organisational strategy, Te Ara Amiorangi.