Articles tagged with Regulatory

Showing 6 of 51 articles

Proposed Changes for Innovation: Health & Safety Regulations in NZ Science Sector

Workplace Relations and Safety Minister Brooke van Velden is proposing changes to health and safety regulations to support innovation in New Zealand's science and technology sector by simplifying compliance requirements. The proposed changes aim to align hazardous substances requirements for university laboratories with their actual risk, addressing discrepancies in regulations that hinder scientific progress. Additionally, consultations are underway to remove regulatory barriers for the development and use of hydrogen technologies, with the goal of creating a flexible and internationally aligned regulatory environment to unlock the potential of hydrogen technologies across various sectors.

New Zealand Passes Ground-Based Space Infrastructure Legislation for National Security

New Zealand's Parliament has passed legislation under urgency to regulate ground-based space infrastructure, enhancing national security and protecting against foreign interference, according to Space Minister Judith Collins. The Outer Space High Altitude Activities Amendment Bill aims to ensure the safe and responsible use of space, with oversight and safeguards for satellite operations starting from 29 July. Operators will need to meet security requirements and undergo due diligence to obtain authorisation, with enforcement powers in place to address any national security concerns.

Pharmac Innovations: Driving Access to Life-saving Medicines for Kiwis

Associate Health Minister David Seymour has outlined clear expectations for Pharmac to enhance innovation and optimize services for better healthcare delivery to New Zealanders. Pharmac has made improvements in consultation processes, funding criteria adjustments, and appointed new leadership to drive positive change. The focus is on modernizing Pharmac, adopting AI technologies, engaging stakeholders proactively, and increasing transparency to ensure timely access to medicines and medical devices for all Kiwis.

New Zealand Minister Proposes Safer Online Gambling Bill, Sets Stricter Rules for Operators

Minister Brooke van Velden's Bill to regulate New Zealand's online gambling market passed its first reading in Parliament, aiming to protect players and ensure safer gambling practices. The Bill allows for up to 15 online gambling licences to be auctioned, with strict criteria for companies to meet, including harm prevention strategies and compliance history. The Department of Internal Affairs will enforce the new regulations, with fines of up to $5 million for rule violations, and public submissions on the Bill are encouraged as it moves to the select committee stage.

Regulation Minister Applauds BusinessNZ's Support for Regulatory Standards Bill to Cut Red Tape and Boost Business Growth in New Zealand

Regulation Minister David Seymour is welcoming BusinessNZ’s strong support for the Regulatory Standards Bill as a means to deal with red tape and regulation. “After all the misinformed opposition we’ve heard, the people who get up in the morning to make an honest buck and deliver goods and services to New Zealanders want red tape and regulation dealt to and believe this Bill will help them do that. “Submitting on the Bill at select committee today, BusinessNZ said it was an important step towards improving the quality of regulation and reducing the compliance burden on businesses by putting more scrutiny on politicians when law is made.

New Zealand's First AI Strategy Unveiled by Science Minister to Drive Economic Growth and Innovation

Science, Innovation and Technology Minister Dr Shane Reti has launched New Zealand’s first AI Strategy to boost productivity and grow a competitive economy. “AI could add $76 billion to our GDP by 2038, but we’re falling behind other small, advanced economies on AI-readiness and many businesses are still not planning for the technology,” says Dr Reti. “We must develop stronger Kiwi AI capabilities to drive economic growth, and this Strategy sends a strong signal that New Zealand supports the uptake of AI.