Articles tagged with Act

Showing 15 of 365 articles

Revitalizing the Property Sector: Updates on Market Cycles, Innovative Ideas, and Growth Opportunities in Queenstown

The speaker expresses gratitude for being at an event in Queenstown hosted by the Property Council, emphasizing the importance of collaboration among various stakeholders in the property industry. They acknowledge the challenges faced by the construction and property sectors due to inflation and economic cycles but highlight government initiatives to support recovery, including reforms to streamline building processes. The speaker outlines key pillars of the Going for Housing Growth program and upcoming Resource Management Act reforms aimed at facilitating development and addressing infrastructure needs, concluding with a mention of City and Regional Deals as strategic partnerships to drive economic growth and housing development.

New Zealand Immigration System Strengthened: Deportation Rules & Compliance Enhanced

The Government is proposing changes to the Immigration Act to enhance deportation settings and immigration compliance in New Zealand, aiming to strengthen the integrity and trust in the immigration system. The Immigration (Enhanced Risk Management) Amendment Bill will expand deportation liability for serious criminal offenses, false information provision, and historic crimes, among other measures. Additionally, the Bill will increase penalties for migrant exploitation to combat this crime and improve compliance within the immigration framework.

New Bill Boosts Aquaculture Growth Potential, Eases Regulatory Burden

A bill protecting marine farmers from costly consent reviews was passed, aiming to support the aquaculture industry's goal of generating $3 billion in revenue by 2035. The Resource Management Act amendments restrict council reviews of coastal permits until 2030, reducing bureaucratic barriers for industry growth. These changes aim to allow marine farmers to focus on innovation and growth rather than dealing with regulatory red tape and costs.

Proposed Special Licensing Reforms for Events Sector by Associate Justice Minister Nicole McKee

Associate Justice Minister Nicole McKee presented proposed changes to special licensing rules for the events sector at the New Zealand Events Association’s annual conference. The reforms aim to simplify regulations and provide greater certainty and consistency for event organizers, while prioritizing the reduction of alcohol-related harm. Key reforms include the introduction of a national risk-based framework for special license applications, a coordinated approach for multi-district events, raising the threshold for large-scale events, and granting flexibility for televised national events. These changes align with the government's creative sector strategy to streamline regulation and support the thriving of the events industry while maintaining strong safeguards for harm reduction.

Transforming New Zealand's Universities: Priorities for Success and Global Impact

The speech highlights the importance of universities in New Zealand, emphasizing the need for alignment between student skills and industry needs, faster research impact, and adaptability to new opportunities like advanced technologies. The government is introducing a new Tertiary Education Strategy with priorities including student achievement, economic impact, and international connections. Reforms also involve establishing a University Strategy Group, transitioning to a Tertiary Research Excellence Fund, strengthening quality assurance, and enhancing governance to ensure universities remain independent yet accountable for delivering impactful research and education.

New Zealand Opens Doors to Overseas Investors for Home Ownership under Active Investor Plus Visa

Overseas-based investors with a New Zealand investor residence visa can now buy a house in New Zealand to stimulate economic growth, despite the ban on foreigners purchasing residential housing. The Active Investor Plus residency visa, requiring a minimum investment of $5 million, aims to attract high net worth individuals to deepen their connection to New Zealand and contribute to the economy by allowing them to own a home. This policy change balances the desire to limit foreign ownership while attracting significant investors to invest in the country, potentially bringing in a total minimum investment of $1.8 billion.

New Legislation Enhances Defence Force Workforce Management for National Security

New legislation introduced by Defence Minister Judith Collins allows the Chief of Defence Force to redeploy uniformed personnel to fill roles of striking civilian staff, ensuring national security during industrial action. The Defence (Workforce) Amendment Bill expands the Minister's authority to include instances where national security and core defence functions are at risk, such as security at military bases and aircraft maintenance. The bill aims to address challenges faced during previous industrial actions and will be open for public submissions when referred to a select committee in September 2025.

Proposed Changes to Alcohol Act 2012 for Fairness & Safety

Associate Justice Minister Nicole McKee announced proposed changes to the Sale and Supply of Alcohol Act 2012, aiming to restore fairness and practicality without compromising public safety. The reforms focus on fairer licensing processes, modernized rules for national events, and stronger safeguards to prevent alcohol-related harm. The changes also include requirements for licensed premises to offer a wider range of non-alcoholic alternatives and updates to regulations to support rapid delivery services and age verification for alcohol purchases.

SH35 Cyclone Gabrielle Recovery: Major Works in Mangahauini Gorge

Major works are underway in Mangahauini Gorge on State Highway 35 (SH35) north of Gisborne to address the impacts of Cyclone Gabrielle. Transport Minister Chris Bishop highlights the efforts to keep one lane open during the recovery process and the long-term solutions being implemented to protect the highway. The project includes innovative measures such as constructing a 'roughened channel' in the Mangahauini River to prevent erosion and ensure the highway's stability, with completion expected by mid-2026 at a cost of around $50 million.

Local Water Done Well: Government Legislation Benefits Communities Nationwide

The Government's Local Water Done Well legislation aims to provide safe, reliable, and financially sustainable water services to local communities across the country. The legislation focuses on ensuring financial sustainability, oversight, and accountability in water service delivery, with the Commerce Commission overseeing economic regulation to ensure fair pricing and quality infrastructure. Councils are encouraged to submit water services delivery plans that meet the requirements and provide flexibility to make arrangements best-suited for their communities, ultimately benefiting Kiwis with improved water services.

New Tax Bill Boosts New Zealand Economy and Supports Skilled Migration

Revenue Minister Simon Watts has introduced a new tax bill in New Zealand to boost the economy, attract skilled individuals, and encourage investment. The bill aims to make the tax system fairer for migrants, digital nomads, and businesses by addressing issues like overseas income taxation and employee share schemes. These changes are designed to simplify the tax system, reduce compliance costs, and create a more conducive environment for economic growth and job creation in New Zealand.

Accelerated Land Acquisition Bill Boosts Infrastructure Projects

The passing of the Public Works Act Amendment Bill will expedite critical infrastructure projects, aiming to address New Zealand's infrastructure deficit by streamlining land acquisition processes. The new accelerated process offers incentives and recognition payments to landowners, while also introducing a faster objections resolution mechanism. The Government plans to further modernize the Public Works Act to improve landowner engagement, disaster recovery support, and overall efficiency in delivering public infrastructure projects.

New Law Streamlines Freshwater Farm Plans for NZ Farmers

The Resource Management (Consenting and Other System Changes) Amendment Act, passed into law, has improved the freshwater farm plan system to make it more workable and affordable for farmers, reducing duplication and costs by allowing industry organisations to certify and audit plans. This change recognizes good work done by farmers and industry groups in managing risks, focusing on actual on-farm risks and practical actions to reduce them. The Act increases the minimum farm size requiring a freshwater farm plan to 50 hectares for certain land uses, removing the requirement for around 8,000 smaller, lower-risk farms, supporting environmental stewardship and growth in the primary sector.

Kiwi Kids' Writing Achievement Boosted with Government's 'Make It Write' Action Plan

The Government is launching a Writing Action Plan to improve writing achievement among Kiwi kids. New data from 2024 reveals declining writing performance as students progress through school, with only 24% of Year 8 students meeting curriculum benchmarks. Initiatives like the Writing Acceleration Tool and Handwriting Teacher Guidance aim to address these challenges and ensure every student has the opportunity to succeed academically and beyond.

Update on Competition Policy Reforms for Economic Growth

The Government is focused on growing the economy by improving competition settings, with updates on the Commerce Act review and Commerce Commission governance. Reforms to the Commerce Act aim to simplify collaboration processes, enhance confidentiality protections, and promote competition. Additionally, initiatives include strengthening banking competition, implementing open banking, regulating retail payments, and introducing a new water services regulatory regime under the Commerce Act to ensure efficiency and transparency.