Articles tagged with Efficiency
New Capital Settings Proposals Aim to Boost Competition in New Zealand Banking Sector
5 days ago | 165 viewsFinance Minister Nicola Willis supports the Reserve Bank's consultation on reviewing capital settings for banks and deposit takers to address concerns about impacts on competition, lending costs, and economic growth. The Minister's Financial Policy Remit emphasized the need to balance financial stability with competition, prompting the Bank to consider changes like aligning capital requirements with risk and adjusting overall capital ratio requirements to lower lending rates. The proposed changes aim to benefit smaller players in the market, reduce barriers for new entrants, and create a more competitive environment in the New Zealand banking sector.
Tags: Finance Minister Nicola Willis consultation Reserve Bank capital settings banking industry lending New Zealanders competition efficiencyNew Flexible Insulation Rules to Cut Costs for Designers, Builders, and Homeowners
1 month ago | 674 viewsOverly rigid insulation rules are being removed to ease costs for designers, builders and homeowners, Building and Construction Minister Chris Penk has announced. “I’ve heard clearly from the industry that the current one-size-fits-all approach to insulation requirements is needlessly driving-up costs. “The most prescriptive compliance pathway currently available for insulation – known as the Schedule Method – doesn’t allow for design trade-offs that can affect a home’s energy efficiency, like adjusting window size.
Tags: insulation rules designers builders homeowners Chris Penk energy efficiency Building Code Ministry of Business Innovation and Employment Far North