16 Jul 2026
3 months ago
763 views
New Zealand has seen a year-on-year increase in the number of people moving off benefits into work, with 86,544 exits recorded in the year ending June 2026, reflecting positive job market trends despite economic challenges. The Ministry of Social Development supports jobseekers through initiatives like the Traffic Light System, Kōrero Mahi seminars, and partnerships with businesses such as Ventia and SkyCity to connect candidates with employment opportunities. These efforts aim to foster workforce development, reduce reliance on temporary labor, and promote economic independence for New Zealanders.
14 Jul 2026
3 months ago
665 views
The Government is seeking feedback on the next phase of capital market reforms aimed at lowering the cost of raising capital for Kiwi businesses and improving returns for investors, with a focus on modernizing rules to keep pace with innovation and maintain investor protections. This phase follows last year’s reforms that reduced compliance costs and barriers to listing on the NZX, and now targets eight specific areas including product disclosure, director liability, crowdfunding limits, and broker activity. The consultation, open for six weeks, invites input from businesses, investors, and financial advisers to help create dynamic, competitive markets that support economic growth.
13 Jul 2026
3 months ago
729 views
A $3.5 million government-funded project aims to provide 100 people with progressive conditions like Multiple Sclerosis and Cerebral Palsy access to high-performance power wheelchairs to improve independence, participation, and quality of life. The two-year research program will evaluate the social and economic benefits of advanced wheelchair technology in New Zealand, informing future policy, funding, and equipment provision. This initiative reflects the government's commitment to leveraging assistive technology to enhance wellbeing and reduce long-term health and support costs for disabled individuals.
09 Jul 2026
3 months ago
788 views
New Zealand's manufacturing sector experienced its strongest growth in nearly five years, with the BNZ-BusinessNZ Performance of Manufacturing Index rising sharply to 59.7 in June, indicating robust expansion across new orders, production, and employment. The sector, which employs over 220,000 people and contributes significantly to GDP and exports, is driving economic growth and outperforming major global economies. Government support, including the Investment Boost initiative, is helping manufacturers invest in productivity-enhancing machinery, sustaining the sector's momentum and future development.
08 Jul 2026
3 months ago
713 views
Kiwi businesses are projected to gain up to $800 million annually in productivity through full eInvoicing adoption, which has more than doubled in uptake recently, enabling faster payments and reduced paperwork. The government leads by example with prompt payments, achieving over 95% of invoices paid within 10 working days, and will require large businesses to send eInvoices to government agencies from January 2027. This initiative aims to improve cashflow, cut administrative costs, reduce invoice fraud, and create a more efficient business environment in New Zealand.
01 Jul 2026
3 months ago
858 views
The New Zealand Government will align its toy safety standards with those of the US and EU, allowing toys compliant with these international standards to be sold locally without additional testing costs. This update aims to reduce compliance expenses, enhance market attractiveness, increase product variety, and is expected to generate a net benefit of $6.8 million over 10 years while maintaining child safety. An exposure draft will be released for consultation, followed by a six-month transition period for suppliers to adapt to the new regulations.
30 Jun 2026
3 months ago
871 views
The New Zealand Government is making it mandatory for new corded blinds to meet internationally recognised safety standards to protect young children from cord entanglement hazards. This move follows multiple child fatalities and coroner recommendations, aiming to reduce risks through shorter cords, warning labels, and safety devices, while minimizing costs for compliant businesses. Parents are also urged to raise awareness and take precautions with existing blinds to ensure home safety.
30 Jun 2026
3 months ago
838 views
Associate Health Minister David Seymour supports Pharmac’s proposal to remove all eligibility criteria for Rosuvastatin access from October 2026, allowing clinicians to prescribe it based on clinical need regardless of ethnicity. This change aims to improve management of high cholesterol, reduce heart attack and stroke risks, and is expected to increase the number of users by up to 108,000 over five years without affecting current patients. Pharmac will fund this expansion through savings from its 2025/26 Annual Tender, reflecting strong support from health professionals and consumers for timely access to the medicine.
18 Jun 2026
4 months ago
793 views
New Zealand's manufacturing sector led economic growth in the March 2026 quarter, expanding 1.9 percent and significantly contributing to the country's 0.8 percent GDP growth. This growth was driven by innovative firms like Dawn Aerospace, Rocket Lab, and Fisher and Paykel Healthcare, reflecting strong productivity and forward orders. The government supports this sector through initiatives like the Investment Boost, aiming to enhance productivity and sustain manufacturing's role in New Zealand's economic recovery.
18 Jun 2026
4 months ago
853 views
New Zealand's manufacturing sector led economic growth in the March 2026 quarter, expanding 1.9 percent and driving a 0.8 percent overall GDP increase, with strong performance in transport equipment and machinery manufacturing. Key firms like Dawn Aerospace, Rocket Lab, and Fisher and Paykel Healthcare are spearheading innovation and productivity, supported by government initiatives such as the Investment Boost to encourage capital investment. Manufacturing, contributing around 8 percent of GDP and employing over 220,000 people, is central to New Zealand's economic recovery and future growth strategy.
18 Jun 2026
4 months ago
834 views
The Government is removing health and life insurers from the mandatory climate reporting regime, as these insurers are not directly exposed to climate risks and reporting adds unnecessary costs to their clients. This change follows previous adjustments raising the reporting threshold and excluding certain schemes, reducing the number of businesses required to report from 164 to around 67. The focus remains on ensuring large businesses with significant impact continue reporting, while cutting red tape for firms where reporting is less relevant.
11 Jun 2026
4 months ago
917 views
New Zealand's government is funding AI-powered initiatives to support 600,000 small businesses, aiming to unlock growth opportunities with smart, data-driven tools. The investment expands AcceleratorNZ to provide AI-driven business diagnostics to 500 more firms and helps Business Mentors New Zealand develop an AI Digital Mentor tool to better match mentors with businesses. These efforts modernize support services, enhancing efficiency while maintaining human mentorship to help small businesses grow, compete, and succeed.
10 Jun 2026
4 months ago
974 views
The Anti-Scam Alliance in New Zealand has launched new initiatives, including expanding the banking sector's "Confirmation of Payee" system and introducing the New Zealand Online Scams Code, to better protect people and businesses from scammers. This collaborative effort involves telcos, digital platforms, banks, government, and consumer groups working together to block scam content and prevent fraud, building on successful pilot programs that saved millions in losses. These measures complement legal changes and aim to create a safer online environment, giving New Zealanders greater confidence to engage in digital transactions without fear.
10 Jun 2026
4 months ago
922 views
The Government and industry have jointly launched the AgriZeroNZ Early Adoption Accelerator, contributing up to $51 million each to support the rollout of innovative farm technologies that enhance New Zealand farmers' competitiveness and emissions efficiency. This co-funded program focuses on practical, scalable solutions, building on prior investments in emissions-reducing research, with tools like EcoPond already available and more technologies expected soon. AgriZeroNZ invites companies and industry groups to participate in projects over the next three years, aiming to provide farmers with diverse technology choices tailored to their operations.
04 Jun 2026
4 months ago
886 views
The Commerce Commission has proposed reducing the fees businesses pay to accept company cards, potentially saving retailers around $40 million annually and contributing to a total expected saving of up to $290 million per year for businesses. Commerce Minister Cameron Brewer highlighted that current interchange fees in New Zealand are nearly double those in Australia and unfairly burden businesses, which often pass these costs onto consumers through higher prices. The draft decision is open for consultation, with a final ruling expected later this year, aiming to ensure fairer payment processing costs and benefits for both businesses and consumers.