Hon Todd McClay, Minister for Trade and Investment · Original source
Brazil and New Zealand will establish a Trade and Investment Dialogue covering trade, economic issues and WTO reform, Trade and Investment Minister Todd McClay says. Two-way trade totalled NZ$528 million in the year ending March 2026, with New Zealand exports worth NZ$205 million and Brazilian exports NZ$323 million. Dates for the first meeting will be set after Brazil's second-round election on 25 October and New Zealand's 7 November election.
Hon Paul Goldsmith, Minister of Defence · Original source
Brigadier Grant Motley of the New Zealand Army will become Force Commander of the Multinational Force and Observers in Egypt's Sinai Peninsula after the Government approved his deployment, Defence Minister Paul Goldsmith says. On promotion to Major General, he will lead nearly 2000 military and civilian personnel from 33 countries supervising the security provisions of the 1979 Israel–Egypt peace treaty. He takes up the role from 30 November 2026, replacing Australia's Major General Michael Garraway.
Hon Todd McClay, Minister for Trade and Investment · Original source
Trade and Investment Minister Todd McClay says New Zealand and Canada will hold an annual Trade and Investment Dialogue at senior officials' level, leading to a yearly meeting of trade ministers. Canada, a G7 economy, is New Zealand's tenth largest export market, with two-way trade of NZ$3.46 billion in the year ending June 2026. New Zealand exports to Canada, led by meat, travel services, beverages, fruit and dairy, were worth NZ$2.18 billion.
Hon Chris Bishop, Minister of Housing / Hon Tama Potaka, Associate Minister of Housing · Original source
Kāinga Ora's 2025/26 annual report shows $191 million in operating cost reductions against a $27 million savings target, Housing Minister Chris Bishop and Associate Housing Minister Tama Potaka say. The agency's pre-tax deficit narrowed to $140 million, its peak debt is now forecast at $19.5 billion rather than $29 billion, and average build costs fell to $2,713 per square metre. It delivered 2,136 new and upgraded homes and lifted occupancy to 99.2 per cent.
Hon Todd McClay, Minister for Trade and Investment · Original source
The New Zealand-India Free Trade Agreement took effect on 20 October, making almost 57 per cent of New Zealand exports to India tariff-free, rising to 82 per cent over time, Trade and Investment Minister Todd McClay says. Tariffs on sheep meat, wool and coal go, and apples and kiwifruit gain quota access. Wine tariffs of 150 per cent will fall to 25 or 50 per cent over 10 years, and a second round of cuts follows on 1 January 2027.
