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annual report

Executive summary

There is a significant growth story ahead for successful digital technology firms in Aotearoa New Zealand. Given our distance from markets, these companies are important because they are global from day one, have a lower environmental footprint on average, are not constrained physically so are scalable, and present a pathway to high paying jobs for more New Zealanders. These are some of the reasons for backing New Zealand’s digital technologies sector.

Mana Taurite, Kanorau, me te Whakauruuru | Equity, Diversity, and Inclusion

Equity, diversity and inclusion are important to create and sustain a fit-for-purpose research system. We need a system which has no barriers to entry, retention or advancement for women, Māori, Pacific Peoples and other under-represented communities. We want a system where these groups hold jobs proportional to their population share across institutions, role types and research areas.

Key New Zealand economic and industry trends

This section provides an overview of the sector’s economic significance in New Zealand, highlighting its contribution to GDP and employment. Despite facing challenges like cost pressures and labour shortages, there’s a notable increase in Māori-owned construction businesses, reflecting growing diversity and opportunities within the industry.

New Zealand Institute for Minerals to Materials Research

New Zealand Institute for Minerals to Materials Research are contracted by MBIE for $11 million excluding GST over 5 years to undertake research that shifts activities from mining of minerals to manufacturing from minerals.