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The Government is allocating $36.72 million to projects in regions hard hit economically by COVID-19 to keep people working, Economic Development Minister Phil Twyford and Regional Economic Development Minister Shane Jones announced today.

“This Budget is about creating jobs. We know how businesses and workers have been impacted by this global pandemic. This Government is backing businesses to regain the confidence to invest as we work together to grow the economy in the face of this global recession,” Finance Minister Grant Robertson said.

The Government has tasked a group of industry leaders to seek out infrastructure projects that are ready to start as soon as the construction industry returns to normal to reduce the economic impact of the COVID-19 pandemic, Economic Development Minister Phil Twyford and Infrastructure Minister Shane Jones say.

The Government has allocated $100 million to help redeploy workers affected by the economic impact of COVID-19, with the hard-hit region of Gisborne-Tairāwhiti to be the first helped, Economic Development Minister Phil Twyford, Forestry and Regional Economic Development Minister Shane Jones and Employment Minister Willie Jackson announced today.

A new report has found the food and beverage industry had a combined total revenue of $71.7 billion in the last financial year and is ripe for growth with companies increasingly focusing on value-added products, Economic Development Minister Phil Twyford said today.

It’s one year until the thrill and vibrancy of the competition for the world’s oldest sporting trophy returns to New Zealand, with the 36th America’s Cup Match set to get underway on Auckland’s Waitematā on 6 March 2021, Economic Development Minister Phil Twyford says.

The Government’s new $300 million venture capital fund - announced in last year’s Budget – is now open for business as the Elevate NZ Venture Fund. 

Businesses affected by the coronavirus can access immediate government support after two further initiatives were approved by Cabinet yesterday, Economic Development Minister Phil Twyford says.

A new survey has found New Zealand’s game development sector has grown beyond expectations and is on track to becoming a billion dollar industry in 2025, Economic Development Minister Phil Twyford says.

Creative and cultural events that highlight New Zealand’s diverse culture and build national pride are set to get a funding boost through the Major Events Fund, Economic Development Minister Phil Twyford said today.

Cabinet has approved a new set of principles to strengthen the New Zealand’s Space Agency regulatory function and ensure decisions about payload permits are made in the national interest, Economic Development Minister Phil Twyford announced today.

New Zealand tertiary students with top grades and a passion for space will once again be offered the opportunity to work with the world’s best and brightest at NASA, Economic Development Minister Phil Twyford announced today.

A new report has found New Zealand’s space sector contributed $1.69 billion to the economy in the last financial year and employs 12,000 people, Minister for Economic Development Phil Twyford announced today.

Mr Speaker, I wish to make a ministerial statement relating to the Auckland fire.

New government procurement rules coming into force this week will help keep construction companies afloat by promoting better practises when awarding multi-million dollar construction projects, Economic Development Minister Phil Twyford and Building and Construction Minister Jenny Salesa say.

The Coalition Government’s Economic Plan is transitioning the economy to be more productive, sustainable and inclusive to tackle New Zealand’s long-term challenges.

Economic Development Minister Phil Twyford has welcomed Amazon Studios announcing that New Zealand will be the production location for its new series based on the Lord of the Rings.

The Tourism Attraction Programme is a new cross-agency government initiative that aims to boost private investment into New Zealand’s tourism attractions, Tourism Minister Kelvin Davis and Economic Development Minister Phil Twyford announced today.

A second cohort of high-performing New Zealand tertiary students and recent graduates are set to wing their way to California to participate in the NASA International Internship Programme.             

A new report has found interactive media is a $143 million industry and is one of the fastest growing parts of New Zealand’s digital economy.

Welcome to the launch of the Government’s Industry Strategy in this age of change – the fourth industrial revolution.

The Government has today announced a sector-led approach to grow industry innovation and boost productivity, with an early focus on agritech. 

Changes to Government purchasing rules will help boost New Zealand’s construction sector and reduce carbon emissions from the public sector vehicle fleet.