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Annual reports – Ngā pūrongo ā-tau
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Annual report 2025/26 – Pūrongo ā-tau 2025/26
- Chief Executive’s introduction
- About MBIE
- 2025/26 Key operational and performance highlights
- How MBIE measures performance and progress against its strategic intentions
- Progressing MBIE’s strategic intentions
- Implementing the Government's priorities
- Assessment of operations
- Organisational health and capability
- Annual report 2024/25 – Pūrongo ā-tau 2024/25
- Annual report 2023/24 – Pūrongo ā-tau 2023/24
- Annual report 2022/23 – Pūrongo ā-tau 2022/23
- Annual report 2021/22 – Pūrongo ā-tau 2021/22
- Annual report 2020/21 – Pūrongo ā-tau 2020/21
- Annual report 2019/20 – Pūrongo ā-tau 2019/20
- Annual report 2018/19 – Pūrongo ā-tau 2018/19
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Annual report 2025/26 – Pūrongo ā-tau 2025/26
About MBIE
The Ministry of Business, Innovation and Employment (MBIE) plays a central role in supporting a productive, competitive and resilient New Zealand economy.
On this page I tēnei whārangi
At MBIE, everything we do is about Growing New Zealand for all.
As the lead microeconomic agency, MBIE’s responsibilities, across multiple economic portfolios and functions, are critical to delivering on the Government’s commitment to strengthen New Zealand’s economic growth, to make people better off, and to create more opportunities for business and people across New Zealand.
Our actions are underpinned by our values and guided by our organisational strategy, Te Ara Amiorangi.
Text description for infographic – MBIE’s organisational strategy, Te Ara Amiorangi
An image depicting MBIE’s organisational strategy, Te Ara Amiorangi and outlining our vision, purpose, outcomes, collective focus areas, values and Government priorities.
Te Ara Amiorangi: Our Path, Our Direction
Our vision – what binds us: Grow New Zealand for all.
Our purpose – what we do to achieve our vision:
- Grow: Grow the economy, prosperity and opportunities.
- Protect: Protect our country, people, and businesses.
- Innovate: Innovate and navigate for the future.
Our outcomes – the difference we make:
- 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.
Collective focus – where we need to focus to succeed:
- Economy: Implement the Government’s economic growth agenda.
- Leadership: Strengthen leadership capability and accountability.
- Treaty settlements: Fulfil our Treaty settlement commitments.
- Efficiency: Improve efficiency, ensure value for money.
- Effectiveness: Deliver with impact, generate measurable improvements.
Our values – what we bring to our work and engagement:
- Mahi Tahi – Better together.
- Māia – Bold and brave.
- Pono me te Tika – Own it.
- Pae Kahurangi – Build our future.
Government priorities that drive and inform our work:
- Developing talent.
- Competitive business settings.
- Promoting global trade and investment.
- Innovation, technology and science.
- Infrastructure for growth.
Our values
- Mahi tahi – Better together
- Pono me te tika – Own it
- Pae kahuragi – Build our future
- Māia – Bold and brave
Our portfolio responsibilities
MBIE’s main responsibilities span 19 ministerial portfolios (with support for several more), 17 regulatory systems, 20 Crown entities and a number of statutory boards. The breadth and diversity of these responsibilities require MBIE to work across policy, regulation and service delivery, often involving multiple portfolios, agencies and stakeholders. An overview of how the portfolios, regulatory systems and entities work together is provided below.
Text description for infographic – Our portfolio responsibilities
A diagram showing how MBIE’s regulatory systems and Crown entities connect to the portfolios MBIE is responsible for.
1. Vote Business, Science and Innovation
- Portfolio: Economic Growth
- Crown entities: New Zealand Capital Growth Partners Limited
- Portfolio: Small Business and Manufacturing
- Portfolio: Commerce and Consumer Affairs
- Regulatory systems: Competition, Consumer and commercial, Corporate governance, Financial markets conduct, Intellectual property, Standards and conformance, Trade remedies
- Crown entities: Accreditation Council, Commerce Commission, Financial Markets Authority Takeovers Panel, Retirement Commission, External Reporting Board
- Portfolio: Media and Communications
- Regulatory systems: Communication markets
- Portfolio: Resources
- Regulatory systems: Petroleum and minerals
- Portfolio: Energy
- Regulatory systems: Energy markets
- Crown entities: Energy Efficiency and Conservation Authority; Electricity Authority
- Portfolio: Science, Innovation and Technology
- Crown entities: Callaghan Innovation**, New Zealand Institute for Advanced Technology, New Zealand Institute for Bioeconomy Science, New Zealand Institute for Earth Science, New Zealand Institute for Public Health and Forensic Science, Health Research Council of New Zealand, Research and Education Advanced Network
- Portfolio: Space
- Regulatory systems: Outer space and high-altitude activities
- Portfolio: Auckland
- Portfolio: South Island
- Portfolio: Regional Development
- Crown entities: Crown Regional Holdings Limited
- Portfolio: Trade and Investment
- Portfolio: Tourism and Hospitality
- Crown entities: New Zealand Tourism Board
2. Vote Labour Market
- Portfolio: Immigration
- Regulatory systems: Immigration
- Portfolio: Social Development and Employment*
- Portfolio: ACC***
- Regulatory systems: Accident compensation
- Portfolio: Workplace Relations and Safety
- Regulatory systems: Employment relations and standards, Health and safety at work
- Crown entities: WorkSafe New Zealand
3. Vote Building and Construction
- Portfolio: Building and Construction
- Regulatory systems: Building
- Portfolio: Housing*
- Regulatory systems: Housing and tenancy
* MBIE leads on Employment within the Social Development and Employment portfolio and has key tenancy responsibilities as part of the Housing portfolio. Other portfolios we support include Māori Development, Emergency Management and Recovery, Sports and Recreation and Public Service and Digitising Government.
** Partially disestablished as at 30 June 2025.
*** MBIE leads on ACC policy and becomes the monitor for the Accident Compensation Corporation on 1 December 2026.
Delivering these responsibilities requires close collaboration with businesses, industry groups, iwi, local government, other public sector agencies, and communities to deliver better outcomes for New Zealanders. MBIE is committed to providing reliable services to its customers, as outlined in our promise.
Our promise
Simple: We listen to you, and we keep it simple
Safe: We help keep people safe through consistent and appropriate application of the law
Certain: We help you know what you need to do, how to do it, and why