The new Government of Niue wants the island to generate more revenue including through fostering its tourism industry.
Toke Talagi, who was elected Premier this week, says both cutting expenditure and working out how to develop new streams of revenue will be a key focus for his administration.
He says gains can be made quickly in tourism.
"Given that we have got good air services from Air New Zealand I believe there is an opportunity that we can build up our accommodation stocks within the next three to six to nine months, so that we can utilise that. I believe that tourism will be one of the answers that we should be looking at and that."