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.
Everything we do at MBIE is about Growing New Zealand for All. We recognise that a strong economy is one in which we use the skills, knowledge and time of our people in conjunction with our natural resources, and financial and physical capital to improve the wellbeing of current and future generations. We worked closely with Treasury to shape and deliver the Government’s Economic Plan which sets out the action needed to transition New Zealand’s economy to one that is productive, sustainable and inclusive.
Our five outcomes outlined in our Statement of Intent show how MBIE aims to support sustainable economic performance and build an economy that improves wellbeing across New Zealand.
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.
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.
The Ministry of Business, Innovation and Employment’s 2019/20 Annual Report is a review of our financial and non-financial performance against our outcomes, priorities and obligations.
MBIE can make the most impact by coordinating and sharing information within our organisation, across government and with industry and communities.
We engage independent external boards to help shape and guide our work.