While the Tōnui Māori plan receives $40.2m a year to focus on addressing longstanding barriers to Māori economic development such as infrastructure gaps, limited export pathways, and restrictive land law.
Māori Education gains include STEM and Te Reo initiatives.
Better news on the SME front, the “Investment Boost” allows an immediate 20% tax deduction on capital purchases, and $75m supports startups and foreign investment.
A $190m Social Investment Fund opens new revenue opportunities for businesses that partner to achieve collective and social impact. However, increased KiwiSaver contributions (from 1 April 2026) may pressure small employers who should plan now for these upcoming adjustments.
In summary, the Budget 2025 includes useful tools for SMEs, but fewer resources for Māori-led development overall.
To see the 2025 Budget at a Glance document click here.
For information on the Vote Māori Appropriations click here.
