INTIEANew Zealand · Business Growth AgendaPolicyIn force

Business Growth Agenda

Approved by Cabinet in late 2012, the Government& Business Growth Agenda (BGA) is a programme of work that is intended to support New Zealand businesses in growing, in order to create jobs and improve New Zealanders&; standard of living. It focuses on six key “ingredients&;…

Last changed 1 year ago.

Extracted view for reading · Original for compliance evidence

Lifecycle

  1. Effective
  2. Last change

Country / jurisdiction: New Zealand · Year: 2012 · Status: In force · Level: National · Type: Voluntary

Approved by Cabinet in late 2012, the Government& Business Growth Agenda (BGA) is a programme of work that is intended to support New Zealand businesses in growing, in order to create jobs and improve New Zealanders&; standard of living.

It focuses on six key “ingredients&; businesses need to grow:

export markets;

innovation;

infrastructure;

skilled and safe workplaces;

natural resources; and

capital.

Each of these has its own programme of work.

More recently, the Business Growth Agenda has been informed by the Government’s response to a report by the Green Growth Advisory Group. The Green Growth Advisory Group was established by the Government in January 2011 and was tasked with exploring how New Zealand can build a more productive and competitive economy, while also achieving high-quality environmental outcomes. The central conclusion of the report was that New Zealand needs a broad growth strategy where all sectors take into account their environmental performance rather than focusing on a select group of ‘green’ industries. Government agreed and in response recommendations contained in the report have been integrated into this wider Business Growth Agenda.

The Business Growth Agenda Progress Report 2013 shows the significant progress the Government has made across each of the six areas that are critical to business success and growth: Export Markets, Capital Markets, Innovation, Skilled and Safe Workplaces, Natural Resources and Infrastructure. In early 2014 the BGA developed a specific initiative - under 'natural resources' - to transition to a lower-emission economy using measures that both improve economic productivity and reduce greenhouse gas emissions. The BGA is looking to do this by introducing policies that overcome barriers to the grater uptake of, amongst other things, renewable fuels.

In the second half of 2016 ‘Towards 2025’ was published. It reports on the progress made in delivering on nearly 500 specific actions across the BGA and particularly the priority actions that were set out in 2014. It also sets out the future direction of the BGA, which in 2016 will focus on investing for growth. The BGA is prioritising key areas that are seen as particularly critical to further build business confidence and to provide platform for sustained growth into the future. See http://www.mbie.govt.nz/info-services/business/business-growth-agenda/pdf-and-image-library/towards-2025/mb13078-1139-bga-report-00-intro-09sept-v9-fa-web.PDF

Official source: http://www.mbie.govt.nz/what-we-do/business-growth-agenda%20and%20http://www.mbie.govt.nz/what-we-do/business-growth-agenda/progress-report-2013%20and%20http://www.mbie

Source

https://www.iea.org/policies/5581

Canonical document at the regulator. Always cite this URL — not the Vantage detail page — in compliance evidence.

Related in International

INTEnergy Newsoilprice:oilprice-news-45297NewsIn force

Oil Prices Slide 2% as Markets Brace for Bessent’s ‘Economic D-Day’

Oil prices fell by more than 2% in early Asian trade on Monday as traders took profits and markets awaited details of a new U.S. sanctions package against Iran. At the time of writing, WTI futures were trading at $85.18 per barrel, down 2.16%, while Brent futures were trading at $92.32 per barrel, down 2.19%. Both benchmarks gained more than 5% last week as the U.S. and Iran continued to trade threats, Iranian crude exports dropped, and tanker traffic through the Strait of Hormuz slowed to a trickle. Today’s pullback appears to be driven…

3 hours ago
INTEnergy Newsoilprice:oilprice-article-45295NewsIn force

Diesel Crisis Threatens to Outlast the Middle East War

The outlook for the Middle East war remains grim, the U.S. just threatened Iran with the “toughest sanctions in history,” and the world is running out of stored fuels. To make matters worse, refining capacity is down considerably, and even if the outlook for the war suddenly changed and the U.S. and Iran made peace, the fuel squeeze will last for months—and so will its adverse effects on the global economy. Watching crude oil prices, one would think everything is under control. Both Brent crude and West Texas Intermediate are…

7 hours ago
INTEnergy Newsoilprice:oilprice-article-45296NewsIn force

Pemex and Petrobras Bet Big on High-Risk High-Reward Drilling Off Mexico

Mexico’s state oil firm Pemex and Brazil’s national oil company Petrobras are joining efforts and expertise to drill prospects in Mexican waters in the Gulf of Mexico, hoping to unlock huge oil resources from source rock formations that are miles deeper and eight times older than the currently producing formations in the U.S. Gulf. Exploration in the Jurassic formations deep under the Mexican Gulf seabed in the Campeche Bay carries high risks, but the reward in case of a discovery could be enormous, geologists and analysts tell Bloomberg.…

9 hours ago
INTEnergy Newsoilprice:oilprice-article-45279NewsIn force

Super El Niño Threatens Food, Water and Trade Worldwide

The world is set to experience an extremely intense El Niño weather event this year, with warmer-than-normal sea surface temperatures in the tropical Pacific. This could disrupt typical weather patterns and lead to heavy rainfall in some regions and severe drought in others. While it is unclear whether the more frequent occurrence of El Niño is directly linked to human-caused climate change, it is certainly exacerbating extreme weather patterns in some parts of the world. El Niño occurs every few years, but this year…

11 hours ago
INTEnergy Newsoilprice:oilprice-article-45278NewsIn force

Private Equity Is Circling Utilities as AI Reshapes the Grid

While it seems that Democrats and Republicans can’t agree on much of anything these days, there’s at least one common enemy that’s bringing both sides of the aisle together: data centers. Representatives on both sides of the aisle are increasingly pushing back against hyperscalers who are developing massive data center campuses on local energy grids, driving up energy demand and therefore causing electricity prices to skyrocket for everyone, whether they benefit from the artificial intelligence boom or not. The Trump administration…

12 hours ago