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Regional Development – 2024

Titles of documents the Minister for Regional Development received from MBIE in 2024.

Proposed changes to the Skilled Migrant Category

We are proposing to introduce a simplified points system that sets a clear, fair, and transparent eligibility threshold for skilled residence.

NZ Battery Project

The NZ Battery Project was set up in 2020 to explore possible renewable energy storage solutions for when our hydro lakes run low for long periods. A pumped hydro scheme at Lake Onslow was one of the options being explored. The Government stopped the Lake Onslow investigations in late 2023. MBIE is continuing work on the question of security of supply during extended periods of low hydro inflows as part of its wider electricity system work programme. The following documents were produced as part of the NZ Battery Project.

Outcome 1: Prosperous and adaptable people, sectors and regions

Weekly fuel price monitoring

We carry out weekly monitoring of national average prices and retail importer margins for regular petrol, premium petrol, and diesel. This data is updated weekly, using the previous week's data.

Assessing the economic effects

Construction sector trends quarterly snapshot: April 2021

A snapshot of the key trends from December 2020 to March 2021.

Coal

Slips and a partial tunnel collapse disrupted both exports and production of coal in 2024. At the same time, coal imports increased as Genesis rebuilt its stockpile at the Huntly Power Station.

Outcome Four: Value is sustainably derived from the natural environment

New Zealand’s natural environment is important to our sense of identity and has great cultural and recreational significance. It also supports much economic activity. Some of our biggest contributors to export growth, such as tourism and the primary sector, rely heavily on using the natural environment.

Outcome 5: A dynamic business environment fostering innovation and international connections

We need a business environment that is dynamic, where businesses are able to respond to new opportunities and resources are allocated to their most productive use. Investment and connections are crucial. We also need to innovate sustainably and be able to quickly adopt new economic thinking.