Articles tagged with Cameron Brewer
Kiwi Businesses Save Time Accessing $400M Government Grants with New Funding Explorer
1 day ago | 47 viewsThe upgraded Funding Explorer, launched by the New Zealand government, consolidates 15 funding opportunities from seven agencies into a single searchable platform, enabling businesses to quickly find relevant grants and support. This tool addresses previous fragmentation and navigation difficulties, allowing businesses to search by sector or objective, such as commercializing ideas or boosting productivity. The initiative, praised by industry leaders, aims to reduce time spent on government paperwork, fostering more investment, job creation, and stronger exports.
Tags: Cameron Brewer Catherine Lye Funding Explorer Small Business Manufacturing business grants government agencies Advancing Manufacturing Aotearoa business funding business.govt.nzJames Miller Appointed Chair of New Zealand's Financial Markets Authority
2 days ago | 81 viewsFinance Minister Nicola Willis and Commerce Minister Cameron Brewer announced James Miller as the new chair of the Financial Markets Authority (FMA) for a five-year term starting August 6, highlighting his extensive experience in capital markets and governance. The government aims to reform New Zealand's capital markets by reducing costs and complexity to encourage local listings and strengthen KiwiSaver balances, with the FMA now overseeing consumer credit regulation as a single financial markets conduct regulator. Additionally, Trevor Janes was appointed to the FMA board for two years, both bringing significant expertise to support the FMA's role in promoting fair, efficient, and transparent financial markets.
Tags: Nicola Willis Cameron Brewer James Miller Trevor Janes Steven Bardy Financial Markets Authority NZX KiwiSaver New Zealand Order of Merit NZ RegCoEarn as You Learn Expands to Train Young Kiwis for Manufacturing Careers
4 days ago | 122 viewsThe Earn as You Learn programme, which combines paid workplace learning with formal training and industry mentoring, is expanding into the Hutt Valley, Bay of Plenty, Christchurch, and Auckland to address the manufacturing sector's skilled workforce shortage. Developed by manufacturers and supported by Advancing Manufacturing Aotearoa, the programme has proven successful in the Waikato pilot, with most participants securing full-time jobs after completing their training. The government is committed to expanding vocational pathways alongside this initiative, aiming to grow the skilled manufacturing workforce essential for New Zealand's economic recovery and future innovation.
Tags: Cameron Brewer Catherine Lye Earn as You Learn Advancing Manufacturing Aotearoa Wintec New Zealand Small Business and Manufacturing Minister Waikato Youth Guarantee Trades AcademyGovernment Seeks Feedback on Capital Market Reforms to Boost Kiwi Business Growth
3 weeks ago | 200 viewsThe Government is seeking feedback on the next phase of capital market reforms aimed at lowering the cost of raising capital for Kiwi businesses and improving returns for investors, with a focus on modernizing rules to keep pace with innovation and maintain investor protections. This phase follows last year’s reforms that reduced compliance costs and barriers to listing on the NZX, and now targets eight specific areas including product disclosure, director liability, crowdfunding limits, and broker activity. The consultation, open for six weeks, invites input from businesses, investors, and financial advisers to help create dynamic, competitive markets that support economic growth.
Tags: Cameron Brewer Commerce and Consumer Affairs Minister KiwiSaver MBIE NZX New Zealand Government capital market reforms economic growth crowdfundingNew Zealand Manufacturing Hits Strongest Growth in Nearly Five Years
1 month ago | 302 viewsNew Zealand's manufacturing sector experienced its strongest growth in nearly five years, with the BNZ-BusinessNZ Performance of Manufacturing Index rising sharply to 59.7 in June, indicating robust expansion across new orders, production, and employment. The sector, which employs over 220,000 people and contributes significantly to GDP and exports, is driving economic growth and outperforming major global economies. Government support, including the Investment Boost initiative, is helping manufacturers invest in productivity-enhancing machinery, sustaining the sector's momentum and future development.
Tags: Cameron Brewer Stephen Toplis New Zealand BNZ BusinessNZ Manufacturing Small Business Investment Boost United States ChinaKiwi Businesses Boost Productivity with $800M Gains from eInvoicing Adoption
1 month ago | 296 viewsKiwi businesses are projected to gain up to $800 million annually in productivity through full eInvoicing adoption, which has more than doubled in uptake recently, enabling faster payments and reduced paperwork. The government leads by example with prompt payments, achieving over 95% of invoices paid within 10 working days, and will require large businesses to send eInvoices to government agencies from January 2027. This initiative aims to improve cashflow, cut administrative costs, reduce invoice fraud, and create a more efficient business environment in New Zealand.
Tags: eInvoicing productivity gains Kiwi businesses Cameron Brewer NZIER Small Business Manufacturing Minister government payments invoice fraud cloud accountingNew Zealand Adopts US and EU Toy Safety Standards to Cut Costs and Boost Choice
1 month ago | 327 viewsThe New Zealand Government will align its toy safety standards with those of the US and EU, allowing toys compliant with these international standards to be sold locally without additional testing costs. This update aims to reduce compliance expenses, enhance market attractiveness, increase product variety, and is expected to generate a net benefit of $6.8 million over 10 years while maintaining child safety. An exposure draft will be released for consultation, followed by a six-month transition period for suppliers to adapt to the new regulations.
Tags: Cameron Brewer David Seymour New Zealand toy standards Ministry for Regulation Australia United States European Union Red Tape Tipline importersNew Zealand Mandates Safety Standards for Corded Blinds to Protect Children
1 month ago | 376 viewsThe New Zealand Government is making it mandatory for new corded blinds to meet internationally recognised safety standards to protect young children from cord entanglement hazards. This move follows multiple child fatalities and coroner recommendations, aiming to reduce risks through shorter cords, warning labels, and safety devices, while minimizing costs for compliant businesses. Parents are also urged to raise awareness and take precautions with existing blinds to ensure home safety.
Tags: Cameron Brewer New Zealand corded blinds child safety Commerce and Consumer Affairs safety standards MBIE window coverings product safety coronersNew Zealand Manufacturing Leads Economic Growth with 1.9% Rise in Q1 2026
1 month ago | 421 viewsNew Zealand's manufacturing sector led economic growth in the March 2026 quarter, expanding 1.9 percent and significantly contributing to the country's 0.8 percent GDP growth. This growth was driven by innovative firms like Dawn Aerospace, Rocket Lab, and Fisher and Paykel Healthcare, reflecting strong productivity and forward orders. The government supports this sector through initiatives like the Investment Boost, aiming to enhance productivity and sustain manufacturing's role in New Zealand's economic recovery.
Tags: Cameron Brewer Dawn Aerospace Rocket Lab Fisher and Paykel Healthcare New Zealand Manufacturing GDP Small Business Advancing Manufacturing Aotearoa Manufacturing Productivity Advisory GroupNew Zealand Manufacturing Leads Economic Growth with 1.9% Rise in Q1 2026
1 month ago | 409 viewsNew Zealand's manufacturing sector led economic growth in the March 2026 quarter, expanding 1.9 percent and driving a 0.8 percent overall GDP increase, with strong performance in transport equipment and machinery manufacturing. Key firms like Dawn Aerospace, Rocket Lab, and Fisher and Paykel Healthcare are spearheading innovation and productivity, supported by government initiatives such as the Investment Boost to encourage capital investment. Manufacturing, contributing around 8 percent of GDP and employing over 220,000 people, is central to New Zealand's economic recovery and future growth strategy.
Tags: Cameron Brewer Dawn Aerospace Rocket Lab Fisher and Paykel Healthcare New Zealand Manufacturing Small Business Advancing Manufacturing Aotearoa Manufacturing Productivity Advisory Group Investment BoostGovernment Removes Health and Life Insurers from Climate Reporting to Cut Costs
1 month ago | 399 viewsThe Government is removing health and life insurers from the mandatory climate reporting regime, as these insurers are not directly exposed to climate risks and reporting adds unnecessary costs to their clients. This change follows previous adjustments raising the reporting threshold and excluding certain schemes, reducing the number of businesses required to report from 164 to around 67. The focus remains on ensuring large businesses with significant impact continue reporting, while cutting red tape for firms where reporting is less relevant.
Tags: Cameron Brewer Government Commerce and Consumer Affairs climate reporting health insurers life insurers NZX business growth market capitalisation red tapeNew Zealand Boosts Small Businesses with New AI-Powered Government Funding
1 month ago | 446 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 MentorNew Anti-Scam Measures Protect Kiwis and Businesses from Online Fraud
1 month ago | 476 viewsThe Anti-Scam Alliance in New Zealand has launched new initiatives, including expanding the banking sector's "Confirmation of Payee" system and introducing the New Zealand Online Scams Code, to better protect people and businesses from scammers. This collaborative effort involves telcos, digital platforms, banks, government, and consumer groups working together to block scam content and prevent fraud, building on successful pilot programs that saved millions in losses. These measures complement legal changes and aim to create a safer online environment, giving New Zealanders greater confidence to engage in digital transactions without fear.
Tags: Cameron Brewer New Zealand Commerce and Consumer Affairs Confirmation of Payee Google Meta TikTok Trade Me Fair Trading ActCommerce Commission Proposes Cut to Company Card Fees Saving NZ Businesses $40M Annually
2 months ago | 448 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 banksNew Zealand Strengthens Copyright Law to Protect Creators and Cultural Heritage
2 months ago | 518 viewsThe New Zealand government is enhancing copyright laws to extend protection by 20 years and strengthen creators' rights, ensuring iconic works continue to benefit their artists. Changes will allow not-for-profit cultural institutions greater flexibility to digitally preserve and provide access to works, including those with unknown copyright holders, while preventing commercial misuse and combating offshore piracy. Additionally, creators will have stronger ownership of commissioned works, improved protections for digital tools, and ongoing consideration of a copyright framework for generative AI by 2027.
Tags: New Zealand Cameron Brewer copyright law creators' rights cultural institutions digital copies piracy copyright licensing commissioned works generative AI