26 Mar 2026
7 months ago
1415 views
New Zealand is reforming its Commerce Commission to improve competition regulation by separating governance and regulatory functions, following an independent review that found the current structure ineffective. The new governance model, effective from July 2027, introduces an oversight board with external directors and a panel of expert commissioners to enhance decision-making and market competitiveness. Current leadership will provide continuity during the transition, with the Commerce (Commerce Commission Reform) Amendment Bill now under consideration by the Finance and Expenditure Committee.
26 Mar 2026
7 months ago
1194 views
New Zealand is reforming its Commerce Commission to enhance competition, innovation, and market fairness by separating governance and regulatory functions, following an independent review that found the current structure inadequate. The new model, effective from July 2027, introduces an oversight board with external directors, a panel of expert commissioners, and delegated regulatory decision-making to improve strategic focus and operational effectiveness. Leadership continuity will be maintained with Dr. John Small as chief commissioner and board chair until 2030, ensuring stability during the transition.
13 Mar 2026
7 months ago
1410 views
Attorney-General Judith Collins announced the appointments of Natalie Walker as a High Court Judge in Auckland and Christopher Gambrill as a High Court Associate Judge in Christchurch. Justice Walker has extensive experience in Crown prosecution and legal practice in New Zealand, while Associate Judge Gambrill brings a background in commercial litigation and international legal consultancy. Their appointments will take effect in March and May 2026, respectively.
01 Mar 2026
7 months ago
1343 views
The Government is amending the KiwiSaver Act to allow rural workers in service tenancies, such as farm workers and rural teachers, to use their KiwiSaver funds for first home purchases without needing to live in the property. Additionally, the changes will enable first-time farm buyers to use KiwiSaver balances to buy farms through commercial entities they majority own, reflecting modern farm ownership practices. These reforms aim to remove barriers for rural communities while maintaining KiwiSaver’s core purpose, with legislation expected to be introduced mid-year.
27 Feb 2026
7 months ago
1262 views
New Zealand’s Accident Compensation Corporation (ACC) has achieved its strongest rehabilitation performance in over a decade, reducing the growth rate of long-term claims and helping injured New Zealanders return to work and independence faster. This improvement follows a government-mandated Turnaround Plan focused on client-centered care, lasting recovery, and organizational reset, reversing previous increases in long-term claim growth under the Labour government. While progress is evident in the latest public report, the government acknowledges more work is needed to ensure consistent support for claimants and build a better future.
09 Feb 2026
8 months ago
1358 views
Standards New Zealand and Standards Australia have signed a new agreement to align trans-Tasman standards, enhancing product quality, safety, and reducing costs for businesses and consumers. The agreement supports innovation and economic growth by adopting international standards in areas like AI, data management, and cybersecurity, while removing fees and red tape to boost competitiveness and digital trade. This collaboration, endorsed by both governments and industry stakeholders, strengthens New Zealand’s role in joint standards development and fosters a modern, efficient regulatory environment.
11 Jan 2026
9 months ago
1603 views
The New Zealand Government is launching Open Electricity to help households and small businesses easily compare and choose the best power plans, enhancing competition and transparency in the electricity market. This initiative, following Open Banking regulations, will provide secure access to individual electricity consumption data, enabling consumers to optimize energy use, save money, and make informed decisions about energy-related investments. Changes will begin in September 2024 and be completed by mid-2027, benefiting around two million households and 165,000 small businesses with improved choice, innovation, and cost savings.
18 Dec 2025
10 months ago
1676 views
New Zealand has shortlisted five leading AI concepts to develop a national AI research platform backed by up to $70 million over seven years, aiming to accelerate innovation, strengthen partnerships, and boost high-tech economic growth. The concepts span diverse sectors including healthcare, robotics, creative industries, and primary industries, with each receiving initial funding to develop detailed proposals for final selection in 2026. Additionally, the newly appointed Institute for Advanced Technology Board will guide advanced technology research, supporting long-term economic growth through science reforms and innovation.
11 Dec 2025
10 months ago
1107 views
Minister Scott Simpson thanked outgoing ACC Chief Executive Megan Main for her leadership since 2021, highlighting her extensive public service experience and focus on improving client outcomes. Megan Main chose not to renew her contract after four years, during which she worked to strengthen service delivery amid significant organizational changes. The ACC Board will soon begin recruiting a new Chief Executive to continue restoring the Scheme’s commitment to fast and efficient rehabilitation for injured New Zealanders.
05 Dec 2025
10 months ago
1341 views
Transport Minister Chris Bishop announced the contract for the design, consenting, and construction of a new two-lane Pepe Stream Bridge on State Highway 25, replacing the current over-80-year-old single-lane bridge that causes severe congestion. The $22 million project, led by Fulton Hogan with support from WSP, includes pedestrian paths and is expected to begin construction in late 2026, opening by December 2027, with traffic management continuing during the interim. Coromandel MP Scott Simpson emphasized the bridge’s importance for community safety, smoother holiday travel, and boosting the local economy.
01 Dec 2025
10 months ago
1221 views
Open banking officially launched in New Zealand on 1 December 2025, enabling faster loan approvals, easier bill management, and personalized budgeting through secure, regulated sharing of financial data with customer consent. The new system, regulated under the Customer and Product Data Act 2025, requires major banks to implement open banking capabilities and mandates accreditation for third-party data requestors to ensure security and trust. This initiative aims to boost innovation and competition in the banking sector, benefiting consumers, small businesses, and fintech companies by providing enhanced financial tools and services.
28 Nov 2025
11 months ago
2635 views
The upgraded Auckland public transport network centered around the City Rail Link (CRL) is set to open to passengers in the second half of 2026, with construction nearing completion and extensive safety testing underway. This major infrastructure project, the largest in New Zealand’s history, aims to transform urban mobility by reducing travel times, increasing train frequency, and revitalizing the city center. Key organizations including City Rail Link Ltd, Auckland Transport, and KiwiRail are collaborating closely to finalize construction, prepare staff, upgrade the rail network, and ensure a seamless transition for passengers.
28 Nov 2025
11 months ago
1100 views
New Zealand and Australia have committed $10 million over five years to support PACER Plus, aiming to enhance export capabilities, diversify trade, attract investment, and boost labor mobility in Pacific countries. This new investment, announced five years after the agreement took effect, underscores ongoing commitment to regional trade growth, economic integration, and prosperity. The PACER Plus Development and Economic Cooperation Work Programme facilitates implementation, harmonizes trade infrastructure, and maximizes business opportunities across member nations.
26 Nov 2025
11 months ago
1175 views
The New Zealand Government is advancing reforms to improve infrastructure funding and financing to support housing and urban growth, focusing on land supply, infrastructure, and growth incentives through its Going for Housing Growth programme. Key initiatives include introducing the Infrastructure Funding and Financing (IFF) Amendment Bill, replacing development contributions with a new development levies system, and proposing the Commerce Commission as the regulator for development levies to ensure fairness and transparency. Public consultation on these reforms runs until February 2026, aiming to create a flexible, consistent system that enables faster housing development and better infrastructure delivery.
25 Nov 2025
11 months ago
1120 views
Minister of Commerce and Consumer Affairs Scott Simpson is traveling to the Solomon Islands to attend the 2025 PACER Plus Ministerial Meeting, emphasizing the agreement's role in strengthening economic growth and trade in the Pacific. Since PACER Plus began, New Zealand's trade with member countries has increased by 47 percent, highlighting the success of this partnership. During his visit, Simpson will also engage with the Solomon Islands–New Zealand Business Community and regional counterparts before returning to New Zealand on 28 November.