19 May 2026
5 months ago
1024 views
The Ministry for Primary Industries has released the terms of reference for a mandatory review of the Dairy Industry Restructuring Act (DIRA) to evaluate whether its competition provisions regulating Fonterra remain necessary and effective. The review will consider if these provisions should be retained, repealed, or amended, with findings due to Parliament by June 1, 2027, and will include two rounds of stakeholder consultation. DIRA was originally established to support Fonterra’s creation and regulate its market activities beyond general competition laws to ensure efficient dairy market operations in New Zealand.
20 Nov 2025
11 months ago
1174 views
Legislation has passed its first reading to enable Earth Sciences New Zealand to acquire MetService, uniting the country’s key meteorological agencies to improve climate understanding and natural hazard response. The bill removes MetService from the State-Owned Enterprises Act, mandates data access policies, and exempts the acquisition from certain commerce regulations to prioritize public benefits over competition concerns. This integration aims to provide clearer climate insights, more accurate forecasts, faster warnings, and enhanced scientific collaboration while maintaining MetService’s trusted brand and authoritative public safety role.
20 Nov 2025
11 months ago
1204 views
Legislation has passed its first reading to enable Earth Sciences New Zealand to acquire MetService, uniting the country’s key meteorological agencies to improve climate understanding and response to natural hazards. The bill removes MetService from the State-Owned Enterprises Act, mandates data access policies, and exempts the acquisition from certain competition laws to prioritize public benefits. This integration aims to provide clearer climate insights, more accurate forecasts, faster warnings, and enhanced collaboration using expanded infrastructure and technology.
16 Sep 2025
1 year ago
1201 views
The Government is updating the Commerce Act after nearly 20 years to enhance protection for the public and provide more certainty for businesses, focusing on promoting competition, innovation, and fair markets. Key changes include preventing unfair tactics, clearer merger rules, strengthening the Commerce Commission, and facilitating beneficial collaborations among businesses. The amendments aim to ensure the Commerce Commission is more effective, separate governance and regulatory functions, and give the Commission stronger tools to assess mergers and competition concerns, ultimately promoting fairer markets and consumer choice.
14 Aug 2025
1 year ago
1582 views
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.