04 Sep 2026
1 month ago
488 views
New Zealand and Australia have accelerated efforts towards a more ambitious Single Economic Market by enhancing economic integration, regulatory alignment, and coordinated trade engagement. Key initiatives include a new Trans-Tasman business-government collaboration program, a 30 percent increase in joint standards, and cooperation on regional trade agreements. Additionally, a Trade Mission to Brisbane was announced to help New Zealand businesses capitalize on procurement opportunities related to the Brisbane 2032 Olympic and Paralympic Games.
02 Sep 2026
1 month ago
454 views
The Reserve Bank raised the Official Cash Rate to 2.75% and expects the economic recovery to strengthen and broaden, supported by a resilient export sector and increased household spending. Inflation is anticipated to return to the mid-point of the target range, boosting purchasing power. Finance Minister Nicola Willis welcomed the assessment, highlighting the economy's resilience amid global challenges and the export-driven nature of the recovery.
02 Sep 2026
1 month ago
495 views
Finance Minister Nicola Willis welcomed the Reserve Bank’s assessment that the economic recovery is resuming and expected to broaden, highlighted by a 0.25 basis point increase in the Official Cash Rate to 2.75 percent. The Reserve Bank anticipates a strengthening recovery driven by a resilient export sector, increased household spending, and rising purchasing power as inflation moves toward the target range. Willis emphasized the economy’s resilience amid global challenges and noted that this recovery is export-led rather than reliant on rising house prices, offering a positive outlook despite ongoing difficulties.
02 Sep 2026
1 month ago
454 views
Foreign Minister Winston Peters welcomed the US decision to provide $60 million in energy support to the Pacific, addressing budget shortfalls caused by the global energy crisis. The Pacific Islands Forum and partners like New Zealand, Australia, Japan, the World Bank, and the Asian Development Bank have been actively working to help Pacific nations manage fuel dependency and price shocks. New Zealand’s development program focuses on boosting economic and energy resilience by promoting renewable energy and energy efficiency in the region.
02 Sep 2026
1 month ago
416 views
Foreign Minister Winston Peters welcomed the United States' decision to provide US$60 million in energy support to the Pacific, addressing budget shortfalls caused by the global energy crisis. The Pacific Islands Forum and partners like New Zealand, Australia, Japan, the World Bank, and the Asian Development Bank have been collaborating to help Pacific Island countries manage fuel dependency and price shocks. New Zealand’s development program focuses on enhancing economic and energy resilience through renewable energy and improved efficiency to reduce reliance on imported fuels.
31 Aug 2026
1 month ago
582 views
The Government is seeking public feedback on updating rules to make it easier to buy and process animals from local farmers, including relaxing the 28-day care requirement and potentially allowing wider sharing of homekill and hunted meat. Proposed changes include labeling homekill and hunted meat to indicate they haven't undergone standard retail checks, while maintaining provider requirements and the ban on selling such meat. The consultation aims to clarify vague rules, especially to enable hunters to donate meat to foodbanks, and runs until 5 October 2026.
19 Aug 2026
2 months ago
650 views
The government will establish an independent Urban Land Market Officer to monitor, assess, and ensure councils maintain competitive urban land markets by preventing artificial scarcity and enabling sufficient land supply for housing and business development. This role aims to address housing affordability and economic growth by holding councils accountable for zoning enough land and facilitating reforms such as abolishing rural-urban boundaries, setting housing growth targets, and easing private plan changes. The Officer’s independent scrutiny will promote transparency and enforce action where local planning decisions hinder land market competitiveness, supporting the government’s broader agenda to reform the planning system and boost housing supply.
14 Aug 2026
2 months ago
606 views
The New Zealand Government has approved a revised National Plan of Action to enhance shark conservation and sustainable management, addressing threats such as fishing, pollution, and climate change while integrating tangata whenua perspectives. The plan emphasizes protecting vulnerable shark species, minimizing bycatch through best-practice handling, and maintaining the health of marine ecosystems where at least 113 shark species reside. Developed collaboratively by multiple agencies and stakeholders, this updated plan builds on previous efforts, including the 2014 shark finning ban, and sets clear goals and measurable objectives for 2026.
03 Aug 2026
2 months ago
551 views
Directors Whaimutu Dewes and Owen Coppage have been reappointed to the Transpower Board until 2029 to provide governance continuity during a $13 billion investment programme. Dewes offers expertise in governance, risk management, and stakeholder relations, while Coppage brings skills in energy utilities, technology, and digital transformation. Additionally, Rukumoana Schaafhausen was reappointed to Kiwi Group Capital’s board, bringing extensive commercial and Crown governance experience in the banking sector.
31 Jul 2026
2 months ago
640 views
The Gas Transition Loan Guarantee Scheme, launched by the New Zealand government, aims to help businesses reduce reliance on gas by providing loan guarantees covering 80% of default risk, enabling banks to offer better lending terms and unlock up to $1.2 billion in financing. This initiative supports regional industries facing high gas prices and supply uncertainty by promoting energy efficiency and alternative energy investments to maintain competitiveness and protect jobs. Additionally, the Energy Efficiency and Conservation Authority offers independent support to help businesses assess energy options and plan practical transitions.
23 Jul 2026
3 months ago
760 views
New Zealand will begin releasing monthly Consumer Price Index (CPI) data from July 2027, providing more timely inflation information alongside the existing quarterly reports to enhance economic decision-making. This phased transition aims to maintain data quality and trust while offering frequent updates to households, businesses, and government agencies. Preliminary monthly reports will be published in May and June 2027, with regular monthly and quarterly CPI releases starting in August 2027.
21 Jul 2026
3 months ago
660 views
Today’s inflation rate of 4.1% is largely driven by a global oil price shock, with petrol and diesel prices rising significantly, while core inflation remains within the Reserve Bank's target range. Finance Minister Nicola Willis emphasizes the Government’s prudent response, including targeted support for those most affected by fuel costs and maintaining fiscal discipline to avoid exacerbating inflation. Despite global volatility, New Zealand’s economy is projected to grow steadily with job creation and wages outpacing inflation, supporting long-term affordability and resilience.
08 Jul 2026
3 months ago
791 views
New Zealand has received its fifth petroleum permit application since lifting the exploration ban, with Taranaki Energy Pty Ltd applying to prospect in deepwater offshore Taranaki, an underexplored but highly prospective area. The proposed two-year work program involves seismic data reprocessing, basin modeling, and target identification to guide future investments, reflecting renewed momentum and growing confidence in the sector. The government’s open market regime allows continuous competitive applications, which will be assessed based on technical, financial, and compliance criteria to support energy security and economic resilience.
01 Jul 2026
3 months ago
799 views
New Zealand’s Department of Internal Affairs (DIA) has become the sole regulator for anti-money laundering and counter-financing of terrorism (AML/CFT), consolidating oversight of about 6,100 reporting entities to provide clearer guidance and reduce compliance burdens. The government has passed multiple reform bills and launched a four-year AML/CFT National Strategy (2026–2030) aimed at making it easier to do business while targeting organized crime and fraud. An industry levy, starting in July 2027 and designed with sector input, will help fund enhanced intelligence sharing, supervision, and regulatory administration to strengthen New Zealand’s ability to detect and disrupt money laundering.
01 Jul 2026
3 months ago
741 views
The Regulatory Standards Act (2025) establishes the Regulatory Standards Board to protect New Zealanders by increasing transparency around the costs and impacts of regulations on property rights and personal liberties. The Board reviews Consistency Accountability Statements, handles public complaints about bad regulations, and can assess existing laws to ensure accountability and inform voters. With over 260 regulators in New Zealand, this Act aims to provide clearer information on regulatory costs and empower citizens to hold policymakers responsible.