Future Direction Next Steps

Government’s Strategic Priorities Delivering better public services within tight financial constraints Responsibly managing the Government’s finances Rebuilding Christchurch Building a more productive and competitive economy Investment Context for the Business Growth Agenda Regulatory Reform Regional Development Māori Economic Development Export Markets Innovation Skilled & Safe Workplaces Infrastructure Natural Resources Investment Business Growth Agenda Cross-cutting themes

The 2015 Future Direction report will contain: Export Markets Innovation Skilled & Safe Workplaces Infrastructure Natural Resources Investment The Business Growth Agenda: Provides a platform for ongoing communication between businesses and government on the Government’s economic work plan Sets ambitious targets to focus the direction of the Government’s work Holds government agencies to account for delivery of work The areas the Government is focussing on The state of play for each area A high-level goal for each area Detail on the actions being taken A list of progress indicators Purpose of the BGA A vision for economic success

1.A market based economy that reflects Kiwi attributes – agile, resourceful, innovative and world-beating 2.Our businesses add greater value to their goods and services – attracting a premium from our natural resources, intellectual edge and industry know-how 3.We are more internationally connected to reduce the impacts of distance, and seen as a real hub of talent and ideas for the Asia-Pacific region 4.An economy where all regions and our people have the opportunity to grow and prosper 5.We are one of the most highly-skilled countries in the world, with ambitious business leaders who make the best of our diversity of talents and ideas An economy like this will grow our productivity and our incomes, and deliver real and ongoing improvements in the quality of life for all New Zealanders. What would a successful New Zealand economy look like in 2025?

We will attract high-quality investment into all parts of New Zealand We will grow exports, by developing businesses that are internationally connected and able to add value to volume and seize opportunities in an Asia-Pacific centred world We will develop New Zealand as a hub for high-value, knowledge-intensive businesses conducting more R & D to lift innovation We will have skilled and safe workplaces, where all our people are equipped with the skills to participate and succeed in our 21 st century economy and society In the natural resources area, we will improve the productivity of our resource-related industries while reducing their environmental impact We will provide the right infrastructure at the right time to support future investment, growth and quality of life To achieve this vision, we need to take action in a range of areas

Chaired by: Ministers: Lead agency: Building Investment Hon Bill English Finance Economic Development Commerce & Consumer Affairs State Owned Enterprises Immigration MBIE Building innovation Hon Steven Joyce Science & Innovation Economic D’ment Commerce Communica tions Primary Industries Small Business Building skilled & safe workplaces Hon Steven Joyce Tertiary Education, Skills & Employment Education Social Development ACC Immigration Small Business Workplace Relations and Safety Māori Development Pacific Peoples Building natural resources Hon Steven Joyce Economic Development Environment Climate Change Issues Local Government Primary Industries Energy & Resources Conservation Māori Development Building infra- structure Hon Bill English Finance Economic Development Social Housing Communications Transport Building & Housing Energy & Resources Primary Industries Building export markets Hon Steven Joyce Tourism Finance Economic Development Tertiary Education, Skills & Employment Foreign Affairs Trade Customs Commerce & Consumer Affairs Primary Industries Food Safety Māori Development Leadership & oversight: Ministers Hon Bill English Hon Steven Joyce Chief Executives Group Coordination : National Infrastructure Unit (Treasury) Natural Resources Sector Support Unit (MfE) MFAT MBIE & Treasury The Governance Structure of the BGA

MinisterRelevant portfolio Rt Hon John KeyTourism Hon Bill EnglishFinance Hon Steven Joyce (Chair) Economic Development Tertiary Education, Skills and Employment Hon Paula BennettAssociate Tourism Hon Murray McCullyForeign Affairs Hon Nathan GuyPrimary Industries Hon Tim GroserTrade Hon Todd McClayAssociate Trade Hon Craig FossSmall Business Hon Jo GoodhewFood Safety Hon Nicky WagnerCustoms Hon Paul GoldsmithCommerce and Consumer Affairs Hon Te Ururoa FlavellMāori Development Associate Economic Development Export Markets Investment MinisterRelevant portfolio Hon Bill English (Chair)Finance Hon Steven JoyceEconomic Development Hon Todd McClayState Owned Enterprises Hon Paul GoldsmithCommerce and Consumer Affairs Hon Michael Woodhouse Immigration Innovation Natural Resources Skilled and Safe Workplaces MinisterRelevant portfolio Hon Steven Joyce (Chair) Economic Development Science and Innovation Hon Amy AdamsCommunications Hon Nathan GuyPrimary Industries Hon Craig FossSmall Business Hon Paul GoldsmithCommerce and Consumer Affairs MinisterRelevant portfolio Hon Steven Joyce (Chair)Tertiary Education, Skills and Employment Hon Hekia ParataEducation Hon Anne TolleySocial Development Hon Nikki KayeACC Hon Michael Woodhouse Immigration Workplace Relations and Safety Hon Peseta Sam Lotu-IigaPacific Peoples Hon Craig FossSmall Business Hon Louise UpstonAssociate Minister for Tertiary Education, Skills and Employment Hon Te Ururoa FlavellMāori Development Associate Economic Development MinisterRelevant portfolio Hon Steven Joyce (Chair)Economic Development Hon Paula BennettLocal Government Hon Simon BridgesEnergy and Resources Hon Dr Nick SmithEnvironment Hon Nathan GuyPrimary Industries Hon Tim GroserClimate Change Issues Hon Maggie BarryConservation Hon Louise UpstonLand Information Hon Te Ururoa FlavellMaori Development Associate Economic Development Infrastructure MinisterRelevant portfolio Hon Bill English (Chair)Finance Hon Gerry BrownleeMinister for Canterbury Earthquake Recovery Hon Steven JoyceEconomic Development Hon Paula BennettSocial Housing Hon Amy AdamsCommunications Hon Simon Bridges Energy and Resources Transport Hon Dr Nick SmithBuilding and Housing Hon Nathan GuyPrimary Industries The Governance Structure of the BGA

Building export markets: creating businesses that are internationally connected and able to add value to volume and seize opportunities in an Asia-Pacific centred world We will build New Zealand’s export markets, including by: Continuing to deepen and future proof New Zealand’s trade strategy, including progressing access to current and future markets via an active FTA agenda Helping firms to grow and invest internationally through using NZTE services Implementing the New Zealand Story, strategy and structure Export Markets Target to “Increase the ratio of exports to GDP to 40% by 2025”