Articles tagged with Business
Showing 15 of 123 articles
NZTA Awards Contract for SH29 Tauriko West Road Phase 1 Construction
03 Sep 2025 | 1 year ago | 1625 viewsThe NZ Transport Agency has awarded a $42 million contract to HEB Construction Limited to begin construction on the Ōmanawa Bridge replacement in October, as part of the State Highway 29 Tauriko West project. This project aims to enhance safety, resilience, and freight efficiency along SH29, a crucial corridor in the Auckland-Hamilton-Tauranga triangle, with a total of $7 billion already allocated for Government-funded projects nationwide. Future phases of the project will involve route protection and consenting for a new four-lane SH29, supporting growth in Tauranga and the Western Bay of Plenty with improved travel times and reduced accidents.
Tags: NZ Transport Agency SH29 Tauriko West Road Ōmanawa Bridge Transport Minister Chris Bishop HEB Construction Limited Port of Tauranga Redwood Interchange Takitimu North Link interchange Tauriko Business Estate.New Zealand Introduces Business Investor Visa to Boost Economy
26 Aug 2025 | 1 year ago | 1220 viewsThe Government of New Zealand is modernizing visa settings to attract experienced businesspeople through the new Business Investor Visa, aiming to stimulate economic growth and job creation. The visa offers two investment options: a $1 million investment with a three-year work-to-residence pathway and a $2 million investment with a 12-month fast-track to residence pathway. This initiative replaces the Entrepreneur Category, aims to deliver real economic benefits, and is part of a broader refresh of business visa settings to support the country's economy.
Tags: Government modernising visa settings businesspeople New Zealand Business Investor Visa Erica Stanford investment Immigration New Zealand economic benefitsHow Falling Interest Rates Benefit Growth, Businesses, Jobs, and Kiwis: Finance Minister's Insights
20 Aug 2025 | 1 year ago | 1288 viewsFinance Minister Nicola Willis highlights the benefits of falling interest rates, including support for growth, businesses, job creation, and mortgage holders. The Reserve Bank has reduced the Official Cash Rate (OCR) from 3.25 to 3 percent, with further decreases expected. Lower interest rates stimulate economic activity, reduce mortgage repayments, and are seen as a positive response to economic challenges, signaling improving conditions and effective economic management by the government.
Tags: interest rates growth businesses jobs Kiwis mortgages Finance Minister Nicola Willis Reserve Bank Official Cash RateNew Seasonal Visas in New Zealand: Boosting Businesses and Prioritizing Jobs for Kiwis
09 Aug 2025 | 1 year ago | 1464 viewsThe Government is introducing two new seasonal visa pathways to assist New Zealand businesses in accessing necessary workers during peak periods, while also prioritizing job opportunities for New Zealanders. The Global Workforce Seasonal Visa (GWSV) is a three-year visa for experienced seasonal workers in various industries, while the Peak Seasonal Visa (PSV) is a seven-month visa for short-term roles. Visa holders must spend time offshore before returning, and employers must advertise roles and engage with MSD to prioritize New Zealand workers.
Tags: Government New Zealand businesses workers jobs Immigration Minister Erica Stanford Global Workforce Seasonal Visa Peak Seasonal Visa employers seasonal industriesNew Zealand Government Enhances Building Code for Improved Fire Safety
07 Aug 2025 | 1 year ago | 1820 viewsThe Government will amend the Building Code to enhance fire safety protections for New Zealanders, prompted by a nationwide fire safety review following a tragic fire at Loafers Lodge in Wellington. Over 100 organizations and individuals contributed feedback during the consultation, highlighting the need for clearer regulations and improved evacuation measures, especially in larger residential buildings. The Ministry of Business, Innovation and Employment will incorporate this feedback into proposed Building Code changes separate from the regular update cycle, with a focus on aligning fire safety provisions with modern technologies and ensuring the safety of occupants and firefighters.
Tags: Government Building Code New Zealanders fire safety Building and Construction Minister Chris Penk Ministry of Business Innovation and Employment MBIE Loafers Lodge WellingtonMinistry for Regulation Launches Sector Review to Streamline Product Labelling Regulations
06 Aug 2025 | 1 year ago | 1618 viewsMinisters Seymour and Simpson have announced a Ministry for Regulation review to address the high costs and complexities of New Zealand's product labelling regulations, which hinder affordability and global competitiveness. The current system, comprising over 30 codes and standards, imposes unnecessary compliance burdens on businesses, leading to increased prices and limited wage growth. The review aims to streamline regulations, reduce compliance costs, and enhance Kiwi goods' competitiveness internationally, with a focus on benefiting both businesses and consumers by simplifying the labelling process.
Tags: David Seymour Scott Simpson Minister for Regulation Commerce and Consumer Affairs Minister Kiwis New Zealand labelling regulations businesses consumers compliance costsGovernment Funding Boost to Combat Invasive Weeds in NZ Tourist Landscapes
30 Jul 2025 | 1 year ago | 1637 viewsConservation Minister Tama Potaka highlights the importance of eradicating invasive weeds to benefit tourism and rural businesses in New Zealand. The government is investing in early detection technology and allocating funds from the International Visitor Levy to protect iconic landscapes like Abel Tasman, Aoraki/Mt Cook, and Tongariro. Additional funding is directed towards combating wilding pines and other significant weeds, aiming to safeguard the environment, economy, and biodiversity of the country.
Tags: Tourism rural businesses Government action invasive weeds early detection technology Conservation Minister Tama Potaka Department of Conservation International Visitor Levy wilding pines Biosecurity Minister Andrew HoggardGovernment Pauses Major Changes to Building Code System for Certainty in Construction Sector
26 Jul 2025 | 1 year ago | 1877 viewsBuilding and Construction Minister Chris Penk announced a pause on major changes to the Building Code system to provide stability and clarity for the building sector amidst disruptions from the pandemic and supply chain challenges. The government aims to implement a predictable three-year cycle for updates, allowing businesses to plan ahead and invest with confidence. While major changes will be paused, updates related to life safety, energy efficiency, Building Product Specifications, and fire safety will continue, supporting economic growth and productivity improvements in the building sector.
Tags: Government Building sector Building Code system Building and Construction Minister Chris Penk Ministry of Business Innovation and Employment MBIE Builders Designers DevelopersKiwi Electricity Bill Savings Boosted by New Energy Market Changes
15 Jul 2025 | 1 year ago | 1947 viewsThe Electricity Authority announced changes aimed at reducing electricity bills for Kiwi households and businesses, with a focus on fair pricing for rooftop solar and battery exports and introducing time of use plans. The government is also working on a review of the electricity sector to ensure fair prices and address energy shortages. These changes are expected to incentivize uptake of solar and battery systems, reduce power prices over the long term, and enable small-scale systems to meet peak demand.
Tags: Kiwi households businesses electricity bills Energy Minister Simon Watts Associate Energy Minister Shane Jones solar electricity generation power bills electricity sector electricity marketNew Zealand's Employment Relations Bill: Boosting Business Confidence and Worker Opportunities
15 Jul 2025 | 1 year ago | 2796 viewsWorkplace Relations and Safety Minister Brooke van Velden applauds the passage of the Employment Relations Amendment Bill, emphasizing its significance in fostering business confidence and employment opportunities. The bill will now undergo review by the Education and Workforce Select Committee to gather public feedback on proposed changes. Key provisions of the legislation aim to clarify employment arrangements, simplify the grievance process, and enhance flexibility in negotiations between employers and employees.
Tags: Brooke van Velden Workplace Relations Safety Minister Employment Relations Amendment Bill New Zealand businesses workers contracting arrangements personal grievance process Select Committee genuine contracting relationshipsBoost in Great Walks Bookings Signals Conservation Success and Economic Growth
09 Jul 2025 | 1 year ago | 1783 viewsA significant boost in the number of people booking bednights along the country’s Great Walks is a good sign for conservation tourism and local businesses, Conservation Minister Tama Potaka says. Opening day bookings for each of the Great Walks were up by over 10,000 bednights compared to last year, totalling more than 140,000 bednights and bringing in more than $9 million to the Department of Conservation - Te Papa Atawhai, says Mr Potaka. “Booking system upgrades - including a new online lobby - successfully processed a peak of nearly 12,000 people waiting to book the Milford when it opened on 28 May in an hour.
Tags: Conservation Minister Tama Potaka Great Walks Conservation tourism Local businesses Department of Conservation Te Papa Atawhai International Visitor Levy National Parks Rakiura National Park International visitorsNew Zealand to Reform AML/CFT Laws for Small Businesses: Minister McKee Announces Overhaul
09 Jul 2025 | 1 year ago | 1627 viewsAssociate Justice Minister Nicole McKee says that small businesses will benefit from upcoming reforms to New Zealand’s Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT) laws, as the Government moves to make compliance more proportionate and practical for low-risk operators. Associate Justice Minister Nicole McKee has announced Cabinet’s approval to draft a new Anti-Money Laundering and Countering Financing of Terrorism (Omnibus) Amendment Bill to overhaul the existing system. Under current rules, even small businesses and professionals, such as real estate agents, face complex and time-consuming checks, often regardless of how much risk they face,” Mrs McKee says.
Tags: Nicole McKee Justice Minister small businesses reforms compliance customer due diligence real estate agents simplified checksNew Zealand Government Strengthens AML/CFT Regime to Combat Financial Crime
09 Jul 2025 | 1 year ago | 1816 viewsAssociate Justice Minister Nicole McKee today announced further steps in the Government’s overhaul of the AML/CFT regime, strengthening efforts to combat serious financial crime. “This Government is serious about targeting criminals, not tying up legitimate businesses in unnecessary red tape,” Mrs McKee says. “Cabinet has agreed to introduce a bill to strengthen enforcement powers for Police and regulators to crack down on those involved in money laundering.
Tags: Nicole McKee financial crime Police regulators financial sanctions crypto currencies Financial Intelligence Unit New Zealand businesses criminals.Regulation Minister Applauds BusinessNZ's Support for Regulatory Standards Bill to Cut Red Tape and Boost Business Growth in New Zealand
08 Jul 2025 | 1 year ago | 2811 viewsRegulation Minister David Seymour is welcoming BusinessNZ’s strong support for the Regulatory Standards Bill as a means to deal with red tape and regulation. “After all the misinformed opposition we’ve heard, the people who get up in the morning to make an honest buck and deliver goods and services to New Zealanders want red tape and regulation dealt to and believe this Bill will help them do that. “Submitting on the Bill at select committee today, BusinessNZ said it was an important step towards improving the quality of regulation and reducing the compliance burden on businesses by putting more scrutiny on politicians when law is made.
Tags: Regulation Minister David Seymour BusinessNZ Regulatory Standards Bill red tape select committee politicians compliance burden academicsGovernment Strengthens Trespass Laws to Safeguard Businesses: Proposed Changes and Impact Explained
03 Jul 2025 | 1 year ago | 2141 viewsThe Government is strengthening trespass laws to make them more effective and practical for businesses, Justice Minister Paul Goldsmith and Associate Justice Minister Nicole McKee say. “We know our trespass laws are no longer fit for purpose. They’re difficult to enforce and often criminals take no notice.
Tags: Government trespass laws businesses Justice Minister Paul Goldsmith Associate Justice Minister Nicole McKee law and order community properties offenders Retail MAG