Articles tagged with Mit
Showing 15 of 317 articles
Ngā Hapū o Te Iwi o Whanganui Claims Settlement Bill Passes First Reading
12 May 2026 | 3 months ago | 694 viewsThe Ngā Hapū o Te Iwi o Whanganui Claims Settlement Bill has passed its first reading after nine years of negotiations, marking progress in addressing historical Treaty of Waitangi grievances related to 19th-century warfare, unfair land transactions, and land alienation. The settlement includes a Crown apology, $30 million in financial and commercial redress, and the return of 27 culturally significant sites, such as Pākaitore (Moutoa Gardens). This milestone establishes a new relationship between Ngā Hapū o Te Iwi o Whanganui and the Crown based on partnership, trust, and respect, covering a redress area centered on Whanganui city and surrounding regions.
Tags: Ngā Hapū o Te Iwi o Whanganui Treaty of Waitangi Paul Goldsmith Whanganui Kaiwhaiki Pā Crown Pākaitore Moutoa Gardens Pipiriki Whangaehu RiverNew Zealand Passes Major AML Reform Bills to Cut Red Tape and Boost Business
12 May 2026 | 4 months ago | 781 viewsAssociate Justice Minister Nicole McKee has welcomed the passage of two major Anti–Money Laundering reform Bills that cut red tape, reduce compliance burdens, and improve risk-based requirements for businesses, with some changes effective immediately and others by July 1, 2026. The reforms establish a single AML supervisor to replace three existing ones, enhancing clarity, consistency, and responsiveness, while introducing an industry levy and enabling more flexible rule-making. These changes aim to make AML compliance more efficient, reduce unnecessary paperwork for low-risk entities, and strengthen New Zealand’s ability to detect and disrupt serious financial crime without hindering access to global markets.
Tags: Nicole McKee AML reform Parliament New Zealand Department of Internal Affairs AML supervisor Business Committee Financial Markets Authority Reserve Bank of New ZealandNew Petroleum Exploration Permit Application Sparks Confidence in New Zealand Energy Sector
11 May 2026 | 4 months ago | 689 viewsThe fourth petroleum exploration permit application since the lifting of the exploration ban has entered New Zealand's open market competitive process, signaling renewed investor confidence in the sector. The application, submitted by a joint venture led by East Coast Energy Ventures Limited, aims to explore onshore and offshore areas in Waikato, with a staged work program starting with seismic data reprocessing. Resources Minister Shane Jones emphasizes that responsible new exploration is vital for maintaining energy security as existing gas fields mature and production declines, despite ongoing investments in renewables.
Tags: Shane Jones East Coast Energy Ventures Limited Monumental Energy Corp NZ Limited 3TCF Limited New Zealand Energy Corp New Zealand Petroleum & Minerals NZP&M New Zealand Kāwhia Harbour TSX Venture ExchangeGovernment Clarifies Climate Change Laws to Boost Business Certainty and Investment
11 May 2026 | 4 months ago | 679 viewsThe Government plans to amend the Climate Change Response Act 2002 to prevent tort liability claims against businesses for climate change damage, aiming to provide legal certainty and protect business confidence. Justice Minister Paul Goldsmith emphasizes that climate change responses should be managed nationally through existing frameworks like the Emissions Trading Scheme, rather than through court litigation. This amendment will not affect government responsibilities or businesses’ obligations under the ETS but will ensure a consistent regulatory approach.
Tags: climate change greenhouse gas emissions Climate Change Response Act 2002 Emissions Trading Scheme legal clarity business certainty Paul Goldsmith High Court litigation government regulation environmental lawRyans Road Industrial Development Approved in Christchurch with 126 Lots
07 May 2026 | 4 months ago | 685 viewsThe Ryans Road Industrial Development in Christchurch, approved through the Fast-track process, will create 126 industrial lots over 57.6 hectares near the airport, supporting infrastructure and generating approximately 755 construction jobs and $259 million in GDP. This project, lodged by Carter Group Limited in April 2025, is the 21st approved under Fast-track and aims to meet demand for industrial land benefiting logistics, warehousing, and manufacturing businesses. Fast-track has approved 21 projects so far, with 44 currently progressing, streamlining infrastructure and housing developments across New Zealand.
Tags: Chris Bishop Carter Group Limited Ryans Road Christchurch Canterbury Harewood Infrastructure Minister Industrial Development Construction SectorNew Zealand Introduces Bill to Close Overseas Adoption Loopholes and Protect Children
06 May 2026 | 4 months ago | 788 viewsThe Government is introducing the Overseas Adoptions Legislation Bill to permanently close loopholes that previously allowed unsafe overseas adoptions into New Zealand, replacing last year’s temporary measures. The Bill clarifies recognition of overseas adoptions, citizenship pathways, and immigration processes, ensuring child safety through stricter safeguards and two main pathways for citizenship under the Hague Convention or New Zealand Family Court. It will be reviewed by the Justice Select Committee for public input, with the aim to pass before the current temporary laws expire in July 2027.
Tags: Nicole McKee Overseas Adoptions Legislation Bill Associate Justice Minister Adoption Amendment Act 2025 New Zealand Hague Convention Justice Select Committee international adoption child safety immigration pathwaysNew Zealand to Disestablish Broadcasting Standards Authority and Explore Media Self-Regulation
06 May 2026 | 4 months ago | 724 viewsThe Government has decided to disestablish the Broadcasting Standards Authority (BSA) and explore self-regulation options to better reflect New Zealand’s evolving media landscape. The current BSA framework is outdated, inconsistently regulating content across platforms, while self-regulation through bodies like the New Zealand Media Council is seen as a more practical and fair approach. Legislation to repeal the BSA provisions will be drafted soon, with the BSA continuing its role until the new laws are enacted.
Tags: Broadcasting Standards Authority Paul Goldsmith New Zealand Media Council Broadcasting Act 1989 Media regulation Media and Communications Minister Broadcasting Journalism standards Criminal Procedure ActMichelle Findlater Appointed to Tertiary Education Commission Board for 2026
05 May 2026 | 4 months ago | 785 viewsTertiary Education Minister Penny Simmonds has appointed Michelle Findlater to the Board of the Tertiary Education Commission (TEC) for a three-year term starting May 2026. Michelle, with extensive experience in the automotive industry and work-based training, has been recognized for her contributions and potential, including receiving the Janet Lane Scholarship from MITO. Her expertise is expected to support the TEC’s focus on enhancing access, participation, and achievement in tertiary education to build the workforce New Zealand needs.
Tags: Penny Simmonds Michelle Findlater Bharat Guha Tertiary Education Commission MITO Janet Lane Scholarship Harvard University Southland Chamber of Commerce Tertiary Education Minister automotive industryGovernment Grants $150K to Mayoral Relief Funds for Lower North Island Flood Recovery
01 May 2026 | 4 months ago | 727 viewsThe Government is contributing $150,000 to Mayoral Relief Funds to assist communities in the lower North Island affected by recent flooding, with $100,000 allocated to Wellington City and $50,000 to Ruapehu District Council. Minister Mark Mitchell emphasized the importance of this support for clean-up efforts and acknowledged the contributions of emergency responders and community members. These funds aim to quickly address immediate needs but do not replace insurance or other agency support.
Tags: Mark Mitchell Philip Sutton Wellington City Ruapehu District Mayoral Relief Funds Government Emergency Management Civil Defence Ministry of Social Development Ministry for Primary IndustriesAuckland Transport Reforms Restore Accountability and Boost City Mobility
30 Apr 2026 | 4 months ago | 803 viewsLandmark reforms to Auckland’s transport system have passed, shifting most transport decision-making powers from Auckland Transport to Auckland Council to restore democratic accountability and improve infrastructure planning. The new legislation establishes a Regional Transport Committee for long-term planning, grants local boards more control over local roads, and refocuses Auckland Transport on public transport delivery. Government and Auckland leaders emphasize that these changes will create a more efficient, connected, and responsive transport system aligned with urban development and community needs.
Tags: Chris Bishop Simon Watts Wayne Brown Auckland Transport Auckland Council Auckland City Deal Auckland Regional Transport Committee City Rail Link Waitematā Harbour crossing Integrated Transport PlanNew Zealand Boosts Serious Fraud Office Powers to Tackle Rising Fraud Crimes
30 Apr 2026 | 4 months ago | 786 viewsLegislation granting the Serious Fraud Office (SFO) enhanced powers to combat fraud has passed its first reading in Parliament, addressing challenges in obtaining digital evidence, applying for warrants, and managing search sites. The Bill aims to modernize law enforcement tools to better tackle increasing and complex fraud cases, ensuring no legal hurdles hinder investigations and protecting New Zealanders from financial harm. Additionally, it updates evidence admissibility standards and clarifies police powers when assisting the SFO in executing warrants.
Tags: Serious Fraud Office Paul Goldsmith Mark Mitchell New Zealand fraud legislation law enforcement Evidence Act 2006 Search and Surveillance Act 2012Reserve Bank’s New MPC Charter Boosts Transparency and Accountability
29 Apr 2026 | 4 months ago | 830 viewsThe Reserve Bank’s new Monetary Policy Committee (MPC) charter enhances transparency and accountability by publicly disclosing individual members' votes when consensus is not reached and attributing material differences in views. It also relaxes restrictions on MPC members' external communication while ensuring equal access to information, aiming to improve public understanding of monetary policy decisions. The committee will review these changes after 12 months to assess their effectiveness in supporting clear communication and transparency.
Tags: Reserve Bank Monetary Policy Committee Nicola Willis Official Cash Rate New Zealand Finance Minister MPC Charter Transparency AccountabilityNew Chair and Trustees Appointed for Asia New Zealand Foundation 2026
29 Apr 2026 | 4 months ago | 762 viewsForeign Minister Winston Peters announced Hone McGregor as the new Chair of the Asia New Zealand Foundation, with Frances Valintine, Brahma Sharma, and Kenneth Leong joining the Board of Trustees. The new appointees bring diverse expertise to support the Foundation's mission of strengthening New Zealand-Asia connections. The appointments, effective from 1 May 2026, follow the departure of Chair Dame Fran Wilde and trustees Tina Porou, Carol Cheng, and Mitchell Pham.
Tags: Winston Peters Hone McGregor Frances Valintine Brahma Sharma Kenneth Leong Dame Fran Wilde Tina Porou Carol Cheng Mitchell PhamNew Zealand Tightens Nitrous Oxide Controls to Curb Harm and Illegal Use
28 Apr 2026 | 4 months ago | 821 viewsThe New Zealand Government is tightening controls on nitrous oxide to reduce harm and illegal use by requiring import approval from the Director-General of Health and classifying large canisters over 10 grams as psychoactive substances. These measures aim to support law enforcement in cracking down on illegal sales and imports, closing loopholes, and preventing recreational misuse while allowing legitimate medical and commercial use. Officials emphasize the serious health risks and public safety concerns associated with nitrous oxide misuse, including impaired judgment, neurological damage, and fatal crashes.
Tags: Simeon Brown Mark Mitchell nitrous oxide psychoactive substances recreational use law enforcement Customs and Excise Act 2018 New Zealand public healthNew Bill Enhances Management of Extreme Risk Prisoners to Boost Safety
28 Apr 2026 | 4 months ago | 690 viewsThe Corrections (Management of Prisoners, and Prisoners’ Property) Amendment Bill aims to enhance prison and public safety by establishing a robust process to identify and manage prisoners who pose an extreme risk, including those linked to organized crime or radical ideologies, while balancing natural justice. It introduces stricter oversight measures for such prisoners, prohibits prolonged solitary confinement in line with UN standards, and ensures meaningful human contact is maintained. Additional provisions include new segregation grounds, easier management of segregated prisoners, the ability to destroy property of deceased designated terrorists, and measures to reduce illicit use of prisoner trust accounts.
Tags: Mark Mitchell Corrections Minister Corrections Prisoners Extreme Risk Legislation Prison Safety Solitary Confinement United Nations High Court