Outcome Five: A dynamic business environment fostering innovation and international connections
New Zealand companies need investment and the right connections to be able to imagine more, produce more and achieve more for New Zealand.
New Zealand companies need investment and the right connections to be able to imagine more, produce more and achieve more for New Zealand.
The world is changing and evolving at an increasing pace, and it is important that people, sectors and regions can adapt to ensure prosperity in our current environment, and as we prepare for an uncertain world.
New Zealand companies need investment and the right connections to be able to imagine more, produce more and achieve more for New Zealand.
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.
The Government promotes fair and thriving markets by setting rules and defining rights that allow businesses to operate effectively and protect people from harm.
People need work that provides fair pay. But work is more than simply income; it can also give people a sense of purpose and allow them to develop skills, experience and social connections.
In the future, New Zealand’s economy will have a different mix of sectors, jobs and skills. We will help communities to adapt and to benefit from the changes as we move to a knowledge-intensive, low-emissions economy.
Some clear themes have emerged over the past year as we have put in place policies, projects and people to help us Grow New Zealand for All. We are operating in a fast-changing world and our economy must be able to respond as quickly. We need to be future-focused, innovative and collaborative to meet this challenge.
Kei te tino harikoa au ki te whakatakoto atu i te pūrongo ā-tau a Hīkina Whakatutuki mō te tau 2018/19. It gives me great pleasure to present the Ministry of Business, Innovation and Employment’s (MBIE) 2018/19 Annual Report.
This section of the annual report provides a commentary on MBIE’s 2019/20 financial results, including the impact of COVID-19, and a view of our forecast financial plans for 2020/21.
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