New Zealand Embassy Rome, Italy

Economic Transformation Agenda

The Economic Transformation Agenda seeks to progress New Zealand to a high income, knowledge-based market economy, which is both innovative and creative, and provides a unique quality of life to all New Zealanders.

Economic Transformation is a cross-departmental effort led by the Ministry of Economic Development. It comprises five themes: growing globally competitive firms, world class infrastructure, innovative and productive workplaces, Auckland as an internationally competitive city, and environmental sustainability.

Key areas of current and future work include:

  • Improving the business environment and national innovation system
  • Internationalising business through exports and investment offshore
  • Reviewing business tax and regulatory frameworks
  • Improving linkages between firms, Crown
  • Research Institutes and Tertiary Education Institutes
  • Improving capital markets, savings and investment
  • Developing affordable, high-speed ICT infrastructure
  • Securing the supply of the country’s gas and electricity
  • Investing in transport infrastructure
  • Increasing foundation skills, workplace management and leadership skills
  • Up-skilling the workforce and supporting top talent
  • Developing an agreed vision and plan for Auckland, including creating a legacy from the Rugby World Cup 2011
  • Investing in Auckland’s infrastructure, labour market and environment
  • Addressing climate change, sustainable water and sustainable land management issues.

Further information can be found on the Ministry of Economic Development website.