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Minister for Regulation David Seymour has today welcomed the publication of the first report by the Regulatory Standards Board (the Board), which shows why council disclosure rules should be brought in line with other government organisations. “Bad regulations have real consequences for real people. People work hard to earn their livelihood.
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.
New Zealand is changing the Parent Resident Visa selection process to a hybrid model where 90% of expressions of interest (EOIs) are selected chronologically and 10% by ballot, aiming to provide a fairer and more predictable system for families. The new model removes the requirement to reapply and pay fees every two years, allowing EOIs to remain active if updated, and will take effect with the first selection on 10 November 2026. These changes prioritize applicants who have been waiting longest while maintaining a balanced allocation of the 2,500 annual visa places, improving certainty without eliminating waiting times.
Fiordland wapiti deer have been designated New Zealand’s first Herd of Special Interest (HOSI), enabling sustainable hunter-led management to balance hunting values with conservation goals. The Fiordland Wapiti Foundation, in partnership with DOC and iwi, will implement the Herd Management Plan focused on maintaining sustainable deer numbers, protecting biodiversity, and allowing native vegetation recovery. This designation follows extensive consultation, includes strong environmental oversight with public reporting, and aims to improve ecological outcomes while preserving Fiordland National Park’s World Heritage values.
Hunting and Fishing Minister James Meager welcomes the passing of the Game Animal Council (Herds of Special Interest) Amendment Bill, which clarifies that designated Herds of Special Interest (HOSI) in national parks are not required to be exterminated. The legislation aligns with the intent to manage valued introduced species like deer and tahr for hunting while preserving conservation outcomes and indigenous habitats. Meager highlights that hunter-led groups help sustainably control these animal populations and protect biodiversity, with decisions on formally designating sika and wapiti as HOSIs expected soon.
Economic data shows New Zealand's economy grew by 0.2% in the December quarter, with a 1.1% increase in the second half of 2025 after a flat first half. Finance Minister Nicola Willis notes that despite volatility and challenges like high inflation and interest rates, the economy is now in a stronger position. Although the recent Middle East conflict will affect growth, forecasts still predict continued economic expansion in 2026 under realistic scenarios.
Economic data shows New Zealand's economy grew by 0.2% in the December quarter, with a 1.1% increase in the second half of 2025 after a flat first half. Finance Minister Nicola Willis notes that despite volatility and recent Middle East conflicts, the economy is starting from a stronger position than in previous years. While the conflict may impact growth, forecasts still predict continued economic growth in 2026 under realistic scenarios.
The New Zealand Government is launching a 12-month digital labelling trial for approved retailers to reduce barriers to market entry and increase consumer choice, focusing on lower-risk, pre-packaged imported foods. The trial will exempt a small number of retailers from physical labelling requirements while ensuring all safety standards and regulatory oversight remain intact. This initiative aims to test innovative technology, maintain food safety, and inform future food labelling policies in collaboration with Food Standards Australia New Zealand.
New Zealanders will have the opportunity to provide feedback on managing sika and wapiti deer as the country's first Herds of Special Interest, announced by Hunting and Fishing Minister James Meager and Prime Minister Christopher Luxon at the Sika Show in Hamilton. The draft plans propose a new approach to managing wapiti deer in Fiordland National Park and sika deer in the Kaimanawa and Kaweka Forest Parks, aiming to allow hunter-led conservation groups to sustainably manage herd numbers and boost economic growth. The plans emphasize the importance of recreational hunting, community stewardship, professional deer control, and conservation values, recognizing hunters as significant conservation assets and inviting public input for achieving better conservation and hunting outcomes.
Associate Finance Minister David Seymour highlights the importance of faster overseas investment decisions for businesses to access capital and create jobs with higher wages. Changes to the Overseas Investment Act have led to significant improvements in processing times, with almost 87% of consent applications processed faster than before. The government aims to streamline the process further to attract more investment, boost economic growth, and support job creation in New Zealand.
Finance Minister Nicola Willis highlights the positive impact of the 50 basis point Official Cash Rate reduction on Kiwi households and businesses, easing financial pressure. The reduction in OCR will lead to lower interest rates for mortgage-holders and businesses, stimulating growth and investment. The Government's focus on responsible economic management, along with lower interest rates, aims to support recovery and drive policies for job and income growth to benefit all New Zealanders.
Finance Minister Nicola Willis highlighted the impact of global uncertainty on consumers and businesses based on released economic data. Stats NZ reported a 0.9% decline in real Gross Domestic Product in the second quarter following an initial increase. Willis attributed this downturn to international turmoil and tariffs affecting investment decisions. Looking ahead, there are positive signs of economic recovery, with lower interest rates, increased mortgage lending, and a forecasted strengthening of economic growth as tariff-related uncertainty diminishes.
New Zealand's gender pay gap decreased from 8.2% to 5.2% in the June 2025 quarter, the lowest since data collection began in 1998, as reported by Stats NZ. Minister for Women, Nicola Grigg, hailed the improvement as positive news for women in the country. The government is dedicated to economic growth, with efforts to reduce pay gaps, increase wages, and create more job opportunities, though challenges persist in addressing ethnic pay gaps.
Finance 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.
The latest appointments to New Zealand's 15 Conservation Boards aim to enhance environmental efforts in the country. Minister for Conservation Tama Potaka announced a total of 145 appointments, including 21 reappointments, 37 new appointments, and 87 continuing members, focusing on diversity and community representation. Additionally, two reappointments and four new appointments were confirmed for the New Zealand Conservation Authority to provide strategic policy advice for conservation efforts in Aotearoa New Zealand.