Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 


Business development agencies to be one-stop-shops


Business development agencies to become one-stop-shop

The Government has decided in principle to create a new organisation fully integrating the business and export development services currently provided by Trade New Zealand and Industry New Zealand, Economic Development Minister Jim Anderton and Trade Negotiations Minister Jim Sutton said today.

This move was announced in the Speech from the Throne.

The two ministers said the new organisation would be expected to provide a seamless service with the objective of developing internationally competitive businesses in New Zealand and increasing New Zealand's export income.

The investment promotion arms of these agencies were merged earlier this year into a new investment promotion agency "Investment New Zealand", reporting to the board of Industry New Zealand.

The decision to develop full integration of services comes in response to calls from business for a single point of contact. Both boards then recommended to Government that the two should be blended into a new organisation.

The two ministers said there has already been considerable discussion between the two organizations for some time. Both are committed to providing a more integrated level of business assistance to companies from start up to full maturity in export markets.

Today's decision is expected to make it easier for business. The new organisation is also expected to make a stronger contribution to achieving the Government's goals for the economy.

Trade New Zealand was established in 1988 as the New Zealand Trade Development Board, the Government's trade promotion agency, to support the export sector and increase export earnings. Industry New Zealand was established in October 2000, to implement the Labour-Alliance government's business, industry and regional development policies.

"Over the years in New Zealand, we've provided business development services through a range of agencies: if you were starting up, you went to BizInfo for help; if you were looking for assistance with R&D you went to TechNZ; if you wanted to start exporting you went to Trade New Zealand. When we established Industry New Zealand, we wanted a broader range of services for businesses and we wanted them available as quickly as possible," Jim Anderton said.

"Over the past two years, it's become obvious that today's businesses have found jumping between a range of agencies counter-productive. There are also many different paths that businesses are taking in seeking advice. An increasing number of our new companies see themselves as global from day one and don't want to deal with several different agencies," he said.

Jim Sutton said that since the inception of Industry New Zealand, the two organisations had been actively engaged in developing a high level of collaboration and co-operation, and this led to ongoing discussions about integrating a range of services.

The role Industry New Zealand played in helping New Zealand companies to get export-ready was critical for our export growth, he said.

"Cabinet has asked officials to pick up the boards' work and to report to us by the end of October with options and a broad outline of the process and structure for this new entity. The business community, including exporters, will also be consulted during the design phase to ensure that the final model will deliver in the most beneficial way, in terms of both services and structure. We would expect the new agency to be formally created by July next year."

Mr Sutton said the new agency would focus on supporting the development of internationally competitive businesses in New Zealand.

"Full integration and seamless delivery means these agencies can do more to achieve our vision of New Zealand as a global, innovative economy earning first world incomes for New Zealanders."

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Also, Loan Interest: Productivity Commission On Tertiary Education

Key recommendations include better quality control; making it easier for students to transfer between courses; abolishing University Entrance; enabling tertiary institutions to own and control their assets; making it easier for new providers to enter the system; and facilitating more and faster innovation by tertiary education providers... More>>

ALSO:

Higher Payments: Wellington Regional Council Becomes A Living Wage Employer

Councillor Sue Kedgley said she was delighted that the Wellington Regional Council unanimously adopted her motion to become a Living Wage employer, making it the first regional council in New Zealand to do so. More>>

ALSO:

Scoop Images:
Dame Patsy Reddy Sworn In As Governor-General

This morning Dame Patsy Reddy was sworn in as the New Zealand Realm’s 21st Governor-General. The ceremony began with a pōwhiri to welcome Dame Patsy and her husband Sir David Gascoigne to Parliament. More>>

ALSO:

Ruataniwha: DOC, Hawke's Bay Council Developer Take Supreme Court Appeal

The Department of Conservation and Hawke's Bay Regional Investment Company (HBRIC) are appealing to the Supreme Court over a conservation land swap which the Court of Appeal halted. More>>

ALSO:

With NZ's Marama Davidson: Women’s Flotilla Leaves Sicily – Heading For Gaza

Women representing 13 countries spanning five continents began their journey yesterday on Zaytouna-Oliva to the shores of Gaza, which has been under blockade since 2007. On board are a Nobel Peace Laureate, three parliamentarians, a decorated US diplomat, journalists, an Olympic athlete, and a physician. A list of the women with their background can be found here. More>>

Gordon Campbell: On The Key Style Of Crisis Management

At Monday’s post Cabinet press conference Key was in his finest wide- eyed “Problem? What problem?” mode. No, there wasn’t really a problem that top MPI officials had been at odds with each other over the meaning of the fisheries policy and how that policy should be pursued... More>>

ALSO:

Mt Roskill: Greens Will Not Stand In Likely Post-Goff By-Election

“The Green Party’s priority is changing the Government in 2017, and as part of that we’ve decided that we won’t stand a candidate in the probable Mt Roskill by-election... This decision shows the Memorandum of Understanding between Labour and the Green Party is working." More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news