Articles tagged with Businesses
New Zealand Passes Health and Safety Amendment Bill to Focus on Critical Risks
5 days ago | 106 viewsThe Health and Safety at Work Amendment Bill, passed in New Zealand, focuses on preventing serious workplace harm by prioritizing critical risks and reducing regulatory burdens, especially for small businesses. It strengthens Approved Codes of Practice and clarifies duties for directors, aiming to simplify compliance and improve safety outcomes. The reforms, effective from April 2027, balance strong worker protections with practical guidance to support businesses and enhance economic growth.
Tags: Brooke van Velden Health and Safety at Work Amendment Bill New Zealand Workplace Relations and Safety WorkSafe Approved Codes of Practice small businesses workplace injuries regulatory complianceNew Zealand Boosts Small Businesses with New AI-Powered Government Funding
3 weeks ago | 248 viewsNew Zealand's government is funding AI-powered initiatives to support 600,000 small businesses, aiming to unlock growth opportunities with smart, data-driven tools. The investment expands AcceleratorNZ to provide AI-driven business diagnostics to 500 more firms and helps Business Mentors New Zealand develop an AI Digital Mentor tool to better match mentors with businesses. These efforts modernize support services, enhancing efficiency while maintaining human mentorship to help small businesses grow, compete, and succeed.
Tags: Cameron Brewer AcceleratorNZ Business Mentors New Zealand BMNZ New Zealand small businesses AI tools Government funding Business South AI Digital MentorKiwi Space Activator Funds University of Auckland’s Rakiraki CubeSat Project
3 weeks ago | 318 viewsSpace Minister Chris Penk announced that the University of Auckland received $300,000 from the Kiwi Space Activator pilot programme to develop the Rakiraki CubeSat, a satellite aimed at improving space object tracking to protect essential satellite services. The programme supports New Zealand innovators in advancing space technology from concept to launch, fostering sovereign space capability, commercialisation, and global market access. With $1.78 million awarded across two rounds to four projects, the initiative reflects the growing and high-quality space innovation sector in New Zealand.
Tags: Chris Penk Kiwi Space Activator University of Auckland Rakiraki CubeSat Auckland University of Technology Space Operations New Zealand MBIE New Zealand space sector Kiwi businesses space technology$5.3M Māori Development Fund Boosts Businesses, Jobs & Exports in NZ
3 weeks ago | 236 viewsThe Māori Development Fund has invested over $5.3 million to support Māori-owned businesses in horticulture, aquaculture, and renewable energy, aiming to create jobs, boost regional economies, and expand exports in line with the Government's growth framework. Key investments include $2.6 million for Hineuru Orchards in Hawke's Bay to enhance crop protection and export capacity, and $1.5 million for Akaroa King Salmon to upgrade infrastructure and increase production, generating approximately 50 new jobs. These initiatives promote sustainable development, energy transition, and long-term prosperity for Māori communities while strengthening New Zealand's overall economic success.
Tags: Tama Potaka Parininihi ki Waitōtara Hineuru Orchards Akaroa King Salmon Ōnuku Rūnanga Ngāti Porou Māori Development Fund Māori businesses New Zealand economy Māori Development MinisterCommerce Commission Proposes Cut to Company Card Fees Saving NZ Businesses $40M Annually
1 month ago | 271 viewsThe 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.
Tags: Commerce Commission Cameron Brewer retailers interchange fees company cards businesses consumers New Zealand Government banksGovernment Streamlines Food Safety Verification for Multi-Site Businesses Nationwide
1 month ago | 371 viewsThe Government is standardizing food safety verification for multi-site food businesses by implementing consistent site-sampling guidelines, reducing costs, and ensuring all sites are verified over time based on risk levels and performance. Recent measures have saved money for small food businesses through free training, relaxed testing for meat processors, eased requirements for home-based bakers, and simplified export rules. Future plans aim to further cut regulatory costs, simplify processes, and create a fairer, more efficient food safety system responsive to industry needs.
Tags: Andrew Hoggard Food Safety Minister Government food businesses food safety National Programmes Food Control Plan food exporters regulatory costsFree Online Food Safety Training Launched to Support NZ Food Businesses
2 months ago | 447 viewsThe Government has launched a free online food safety training module to simplify and improve accessibility for food businesses, addressing previous challenges of cost and difficulty. Developed with industry input, this module is the first of six aimed at modernizing New Zealand’s food safety system to be fairer, more efficient, and responsive to business needs. Additional modules and initiatives are planned to further support the sector with appropriate, risk-based regulations and tools.
Tags: Andrew Hoggard Government Food Safety Restaurant Association Hospitality NZ New Zealand Food Businesses Online Training Food Safety Module Home BakersOpen Banking Expands to Business Banking, Boosting Productivity and Growth
3 months ago | 490 viewsOpen Banking will be expanded to business banking channels, enabling businesses to share banking data with trusted providers to access faster loan comparisons, automated accounting, and improved cashflow management. This initiative aims to save businesses time on administrative tasks, boost competition, and enhance productivity, particularly benefiting small businesses by providing clearer financial insights and reducing manual work. While large corporates are exempt due to limited demand, the government prioritizes Open Banking as a key tool to support small business growth and efficiency.
Tags: Scott Simpson Chris Penk Open Banking business banking fintech small businesses loan comparisons automated accounting cash flow productivityNew Zealand Boosts Economy with Faster Overseas Investment Approvals and New Visas
4 months ago | 610 viewsThe New Zealand Government has introduced a two-track system under the Overseas Investment Act to speed up investment decisions, aiming to process most applications within five to 15 working days, significantly faster than before. This reform, along with increased Active Investor Plus visa applications, is expected to bring billions in overseas capital, supporting economic growth, productivity, and high-paying jobs by providing access to international capital, expertise, and technology. The Government emphasizes that attracting foreign investment is essential for New Zealand’s future as a high-income economy and is committed to removing barriers to help businesses grow and create opportunities for Kiwis.
Tags: David Seymour Erica Stanford Overseas Investment Act New Zealand Active Investor Plus golden visa overseas investment Kiwi businesses economic growth investment applicationsNew Food Safety Rules Help Small-Scale Meat Processors Save Costs and Boost Local Food
7 months ago | 703 viewsNew rule changes reduce sampling and testing requirements for small-scale meat processors, lowering costs while maintaining high food safety standards. These adjustments, developed after consultation with micro operators, aim to ease barriers for small businesses and support local food supplies without compromising safety. The government is committed to balancing oversight with practicality to foster innovation and help primary industries succeed.
Tags: Andrew Hoggard Food Safety Minister micro abattoirs food safety rule changes sampling requirements small businesses primary industries complianceWellington Disputes Tribunal Adopts Electronic Case Files for Faster Justice
7 months ago | 620 viewsThe Wellington District Court's Disputes Tribunal has transitioned to electronic case files to provide faster, more flexible justice, allowing referees and staff to securely access and manage cases remotely. Following successful implementations in Christchurch and upcoming plans for Auckland, this digital shift aims to reduce delays and improve the system nationwide. The move supports small businesses and consumers by enabling quicker dispute resolutions, helping them recover losses and maintain operations efficiently.
Tags: Wellington District Court Disputes Tribunal electronic case files Courts Minister Nicole McKee Christchurch District Court Auckland Metro Hub small businesses consumer disputes remote hearings faster justiceFinance Minister Pleased with Inflation Remaining in Reserve Bank's Target Range
8 months ago | 783 viewsActing Finance Minister Chris Bishop welcomes latest figures showing inflation within Reserve Bank's target range, with annual CPI inflation rising from 2.7% to 3% in the year to September 2025. Expectations are for inflation to decline towards 2% in the first half of next year, easing pressure on households and businesses. Top contributors to the annual increase were electricity (up 11.3%) and local authority rates and payments (up 8.8%), emphasizing the need for increased electricity supply and competition and the impact of local government rates on New Zealanders' finances.
Tags: Chris Bishop Stats NZ Reserve Bank inflation CPI government households businesses electricity local authorityNew Zealand Boosts Local Businesses with Procurement Rule Changes
9 months ago | 869 viewsChanges to government procurement rules in New Zealand aim to give local businesses a better chance at winning contracts by introducing an economic benefit test, effective from 1 December. These new rules, resulting from feedback received during consultation, include simplifying processes, reducing the number of rules, and emphasizing the economic value and job creation for Kiwis. The changes are designed to make it easier for both local and international businesses to compete for government contracts while upholding international trade commitments and ensuring responsible use of taxpayer money.
Tags: New Zealand Government contracts Economic Growth Minister Nicola Willis procurement rules businesses economic benefit test Kiwi businesses taxpayer money international companiesNew Skilled Migrant Residence Pathways to Boost Kiwi Businesses
9 months ago | 962 viewsThe New Zealand Government is introducing two new skilled migrant residence pathways to help businesses attract and retain the workforce they need. These pathways include the Skilled Work Experience pathway for migrants with at least five years of relevant work experience and the Trades and Technician pathway for migrants with specified qualifications and work experience. The government aims to balance attracting higher-skilled workers with managing migration levels responsibly, prioritizing New Zealanders for jobs, and ensuring that skilled and experienced migrants are placed in occupations where they are most needed.
Tags: Kiwi businesses Government Nicola Willis skilled migrant residence pathways Economic Growth Minister Immigration Minister Erica Stanford skilled workers New Zealanders immigration solutionsFinance Minister Appoints Hayley Gourley to Reserve Bank's Monetary Policy Committee
9 months ago | 794 viewsFinance Minister Nicola Willis appointed Hayley Gourley to the Reserve Bank’s Monetary Policy Committee (MPC), responsible for setting the Official Cash Rate (OCR) in New Zealand. Gourley's diverse experience in corporate, rural, and financial sectors will enhance the Committee's discussions, following the recommendation of the Reserve Bank's Board. She will succeed Professor Bob Buckle on 1 October 2025, who will retire at the end of September after making significant contributions to the MPC.
Tags: Finance Minister Nicola Willis Hayley Gourley Reserve Bank Monetary Policy Committee Official Cash Rate OCR New Zealand agribusinesses Professor Bob Buckle