Articles tagged with Compliance
New Zealand Immigration System Strengthened: Deportation Rules & Compliance Enhanced
1 week ago | 206 viewsThe Government is proposing changes to the Immigration Act to enhance deportation settings and immigration compliance in New Zealand, aiming to strengthen the integrity and trust in the immigration system. The Immigration (Enhanced Risk Management) Amendment Bill will expand deportation liability for serious criminal offenses, false information provision, and historic crimes, among other measures. Additionally, the Bill will increase penalties for migrant exploitation to combat this crime and improve compliance within the immigration framework.
Tags: Erica Stanford Immigration Minister deportation settings immigration compliance New Zealand Immigration Act deportation liability migrant exploitation residence class visa holders compliance frameworkNew Zealand Food Exporters to Benefit from Streamlined Regulations, Boosting Market Access
1 week ago | 168 viewsFood Safety Minister Andrew Hoggard announces a cut to red tape for food exporters in New Zealand, eliminating the need for special exemptions if products meet importing countries' requirements starting from 25 September 2025. This change simplifies compliance by aligning with destination countries' rules, reducing paperwork, costs, and delays previously associated with individual product exemptions. Hoggard emphasizes the benefits of increased efficiency, lower compliance costs, and improved trade opportunities, with a phased approach to extend the streamlined process to all food exports in the future.
Tags: food safety minister andrew hoggard exporters new zealand rules compliance dairy sector trade innovationNew Tax Bill Boosts New Zealand Economy and Supports Skilled Migration
3 weeks ago | 215 viewsRevenue Minister Simon Watts has introduced a new tax bill in New Zealand to boost the economy, attract skilled individuals, and encourage investment. The bill aims to make the tax system fairer for migrants, digital nomads, and businesses by addressing issues like overseas income taxation and employee share schemes. These changes are designed to simplify the tax system, reduce compliance costs, and create a more conducive environment for economic growth and job creation in New Zealand.
Tags: Simon Watts New Zealand tax bill economy skilled migrants digital nomads employee share schemes tax compliance costs GST practices solar powerMinistry for Regulation Launches Sector Review to Streamline Product Labelling Regulations
1 month ago | 481 viewsMinisters Seymour and Simpson have announced a Ministry for Regulation review to address the high costs and complexities of New Zealand's product labelling regulations, which hinder affordability and global competitiveness. The current system, comprising over 30 codes and standards, imposes unnecessary compliance burdens on businesses, leading to increased prices and limited wage growth. The review aims to streamline regulations, reduce compliance costs, and enhance Kiwi goods' competitiveness internationally, with a focus on benefiting both businesses and consumers by simplifying the labelling process.
Tags: David Seymour Scott Simpson Minister for Regulation Commerce and Consumer Affairs Minister Kiwis New Zealand labelling regulations businesses consumers compliance costsConsultation on Recreational Safety Regulations for Better Compliance Efficiency
1 month ago | 556 viewsWorkplace Relations and Safety Minister Brooke van Velden is proposing changes to health and safety regulations in the recreation and entertainment sectors to reduce compliance pressure while maintaining safety standards. The proposed changes include amending the definition of 'adventure activities' to differentiate between high-risk and low-risk activities, as well as updating the Amusement Device Regulations to streamline the permit process for transportable high-risk devices. Additionally, there is a focus on clarifying health and safety obligations for volunteer organizations to encourage voluntary activities while ensuring safety.
Tags: Brooke van Velden Workplace Relations Safety Minister health and safety regulations recreation entertainment sectors compliance pressure adventure activities safety requirements Amusement Device RegulationsBoosting Trade: New Zealand and Malaysia Strengthen Halal Meat Partnership
2 months ago | 599 viewsNew Zealand and Malaysia aim to enhance trade in high-quality halal meat products, with Malaysia being a key market for New Zealand's premium halal meat exports. Malaysia is facilitating approvals for New Zealand halal meat premises to gain access to its market, potentially leading to significant growth in exports and benefiting Kiwi farmers and exporters. Both countries are collaborating to streamline export requirements for New Zealand halal meat, emphasizing the importance of compliance with halal standards and strengthening their relationship in halal processing and assurance systems.
Tags: New Zealand Malaysia Andrew Hoggard Dato’ Seri Dr. Ahmad Zahid bin Haji Hamidi Halal meat Trade Export Collaboration Market ComplianceNew Zealand to Reform AML/CFT Laws for Small Businesses: Minister McKee Announces Overhaul
2 months ago | 427 viewsAssociate Justice Minister Nicole McKee says that small businesses will benefit from upcoming reforms to New Zealand’s Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT) laws, as the Government moves to make compliance more proportionate and practical for low-risk operators. Associate Justice Minister Nicole McKee has announced Cabinet’s approval to draft a new Anti-Money Laundering and Countering Financing of Terrorism (Omnibus) Amendment Bill to overhaul the existing system. Under current rules, even small businesses and professionals, such as real estate agents, face complex and time-consuming checks, often regardless of how much risk they face,” Mrs McKee says.
Tags: Nicole McKee Justice Minister small businesses reforms compliance customer due diligence real estate agents simplified checksRegulation Minister Applauds BusinessNZ's Support for Regulatory Standards Bill to Cut Red Tape and Boost Business Growth in New Zealand
2 months ago | 735 viewsRegulation 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.
Tags: Regulation Minister David Seymour BusinessNZ Regulatory Standards Bill red tape select committee politicians compliance burden academicsGovernment Reforms to AML/CFT Act Ease Property Transactions for Kiwi Families
2 months ago | 434 viewsAssociate Justice Minister Nicole McKee says the Government is continuing to cut through unnecessary bureaucracy with reforms to the Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT) Act, which will make life easier for hard-working Kiwi families managing property through family trusts. “For thousands of New Zealanders, setting up a family trust is part of securing their financial future, especially when it comes to their home. But under the current AML regime, selling a house held in a trust triggers a burdensome level of document verification and compliance checks that has little to do with actual risk,” Mrs McKee says.
Tags: Nicole McKee Justice Minister Family Trusts Real Estate Agents New Zealanders Financial Future Compliance Checks Property Management