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New Ministry to be created
The government has announced it is proposing to create a new Ministry of Business, Innovation and Employment to drive economic growth.
The new Ministry will bring together the Ministry of Economic Development, the Ministry of Science and Innovation, the Department of Labour, and the Department of Building and Housing.
The Ministry of Economic Development will act as the foundation of the new Ministry, which we expect to be established by 1 July 2012.
In the meantime, business will continue as usual.
The Ministry of Economic Development website will be updated with more information as it becomes available.