Prime Minister John Key says a funding injection by the Government of $650,000 for the NZ PGA Championship next year is important to promote New Zealand on the world stage.
At a launch today for next year's event, the championship's chairman John Hart said the support of sponsors had led to an increase in prize money from $500,000 to $600,000 for the event.
Next year's championship will also see English cricketing celebrities Sir Ian Botham and Tony Greig tee-off in the pro-am.
The increased prizemoney elevates the tournament to a tier one status on the PGA Tour of Australasia and is expected to help attract "an even stronger international line-up" of golfers.
Mr Key said the funding, which is part of the Major Events Development Fund, was a "no brainer".