11 Sep 2026
1 month ago
354 views
Regulation Minister David Seymour and Associate Justice Minister Nicole McKee announced reforms to New Zealand’s alcohol licensing system following a comprehensive Hospitality Sector Review, aiming to reduce red tape and make licensing easier, more cost-effective, and proportionate. The government accepted nearly all recommendations, including simplifying application processes, reforming fees, extending renewal periods, consolidating licensing types into a risk-based framework, and improving oversight through a nationwide information system. These changes are intended to support hospitality businesses, reduce delays and costs, and ultimately unlock economic potential by enabling Kiwi businesses to operate more efficiently.
10 Sep 2026
1 month ago
428 views
The New Zealand Government is reducing Overseas Investment fees and streamlining application processes to attract more international capital, aiming to boost business growth, productivity, and high-paying jobs. From September 2026, fees for national interest assessments will significantly decrease, and assessment times have already been halved, with most investments now approved within days. Additionally, Land Information New Zealand (LINZ) can waive or refund fees in exceptional cases, enhancing fairness while maintaining safeguards to unlock New Zealand’s economic potential.
04 Jun 2026
4 months ago
883 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.
28 May 2026
4 months ago
1009 views
Associate Justice Minister Nicole McKee announced a $44.9 million Budget 2026 allocation to implement the new Arms Act and establish Firearms Safety and Education New Zealand, an independent firearms regulator. This funding prevents a significant increase in firearms licence fees, promotes fair cost-sharing between licensed owners and taxpayers, and aims to improve public safety by maintaining a well-functioning licensing system. Additionally, the budget supports the creation of a Firearms Licensing Review Committee and modernizes firearms ICT systems to enhance efficiency and trust in the regulation process.
12 Nov 2025
11 months ago
1216 views
Starting from February 1, 2026, New Zealanders will have the option to receive 12-month prescriptions for their medications, aiming to save costs and enhance convenience for those on long-term treatments. This change, introduced in Budget 2025, allows stable patients to obtain longer prescriptions, reducing the need for frequent doctor visits and potentially saving up to $105 annually in GP fees. Additionally, the government is removing ownership restrictions for pharmacists to become prescribers, enabling more accessible care and innovation in the healthcare system.
17 Sep 2025
1 year ago
1418 views
Parliament has passed the Customs (Levies and Other Matters) Amendment Bill, aiming to enhance revenue collection on imported and exported goods. The bill introduces a levy regime to recover Customs' goods management costs, allows for the collection of product stewardship fees, and streamlines the process for seeking GST refunds on returned imported goods. Customs Minister Casey Costello emphasizes that the bill does not change existing charges or introduce new ones, highlighting the importance of spreading costs across importers through a levy regime.
17 Sep 2025
1 year ago
1404 views
The Government, led by Commerce and Consumer Affairs Minister Scott Simpson, is expanding the surcharge ban to include foreign-issued cards and commercial cards, aiming to simplify transactions for businesses and consumers. The Retail Payment System (Ban on Merchant Surcharges) Amendment Bill has passed its first reading, prohibiting surcharges on in-store EFTPOS, Visa, and Mastercard payments. The ban, set to be implemented within a month of passing the Bill, aims to save businesses up to $90 million annually and prevent surprise costs for Kiwi shoppers at payment terminals.
31 Jul 2025
1 year ago
2008 views
The Government has agreed to raise the probate threshold from $15,000 to $40,000 to make it easier and cheaper for families to access assets of deceased loved ones, according to Justice Minister Paul Goldsmith. The current threshold set in 2009 no longer reflects the value of estates, especially with KiwiSaver balances, leading to smaller estates being burdened by court costs and legal fees. The increase aims to allow executors to distribute lower-value assets more efficiently, ensuring more of the estate goes to beneficiaries, while still maintaining oversight through the High Court for higher value assets to prevent fraud or non-compliance with the deceased's wishes.
28 Jul 2025
1 year ago
3505 views
Commerce and Consumer Affairs Minister Scott Simpson announced the axing of surcharges to benefit New Zealanders financially. The move aims to eliminate the hassle and unexpected costs shoppers face at the checkout. By banning surcharges for in-store payments by May 2026, consumers can shop confidently without being penalized for their payment method choice.