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Economic development
We focus on improving the well-being of New Zealanders by supporting our economy to become more productive, resilient and sustainable. We use our expertise in funds management, tourism, major events, firm-level investment, SMEs, digital technology impacts and other priority sectors to support the government’s objectives.
We have been gathering data and information on the economic impact and recovery options of COVID-19, and data and statistics about managed isolation and quarantine in New Zealand.
The Economic Plan describes the Government’s vision for a productive, sustainable and inclusive economy. It articulates the key economic shifts we need to make to improve the wellbeing and living standards of all New Zealanders.
- NZ economy moves from volume to value
- People are skilled, adaptable and have access to lifelong learning
- Deeper pools of capital are available
- Strong and revitalised regions
- Enable a step change for Māori and Pacific economies
- Sustainable and affordable energy systems
- Land and resource use
- Transform our housing market
We have established a Just Transitions Unit to help share and coordinate the work of transitioning New Zealand to a low emissions economy.
The Government has launched a new approach to industry policy, aimed at growing more innovative industries in New Zealand and lifting the productivity, sustainability and inclusivity of our key sectors.
The Government is enabling New Zealand to become a thriving digital nation — where our people, businesses and government are all using technology to drive innovation, improve productivity, and enhance quality of life for all New Zealanders.
We support the continuing success of New Zealand as a destination for screen activity, including film, television, digital effects and post-production work.
New Zealand is a major food and beverage exporter, with the industry accounting for 46% of all goods and services exports.
We are the lead government agency responsible for coordinating the Crown Māori Economic Strategy and Action Plan.
We support the economic development of Pacific communities by coordinating and facilitating development initiatives and working collaboratively with other government agencies.
Government is investing in regionally focused initiatives to enhance economic development opportunities. Kānoa - Regional Economic Development & Investment Unit (Kānoa - REDIU) has been established to support delivery of these commitments. We also have a suite of Regional Economic Activity Tools that present social and economic data on our regions.
The Sectors Reports Series and the New Zealand Sectors Dashboard provides up-to-date information on all the industry sectors that make up the New Zealand economy.
The Government works in partnership with the event sector to support New Zealand’s growing reputation as an attractive destination for major events of global significance.