Articles tagged with Mbie
New Zealand Tourism Booms with 6% More Visitors and $12.3B Spend in 2025
3 weeks ago | 129 viewsInternational visitors to New Zealand are increasing in number and spending more, driving significant growth in the tourism sector and economy, with total spending reaching $12.3 billion for the year ending September 2025. Visitor numbers rose to 3.43 million, reaching 88% of pre-pandemic levels, boosted by higher-spending travelers, especially from the USA. The government supports this growth through the Tourism Growth Roadmap, aiming to double tourism export value by 2034 while enhancing visitor experiences and regional opportunities.
Tags: Louise Upston New Zealand Tourism International Visitors USA MBIE Tourism Growth Roadmap Hospitality Economy Visitor Survey66 of 67 NZ Building Consent Authorities Meet New 3-Day Inspection Target
3 weeks ago | 126 viewsNew regulations require Building Consent Authorities (BCAs) in New Zealand to complete at least 80% of building inspections within three working days, with 66 out of 67 BCAs meeting this target and 97.3% of 67,000 inspections completed on time in Q3. Some BCAs use inspection availability data as an alternative measure, showing 96.2% of inspection slots available within three days, while building consent applications were processed within statutory timeframes at a rate of 95.7%, up from 93% previously. These improvements reflect increased accountability and productivity, reducing delays and costs in construction as part of the government’s efforts to enhance the building consent system.
Tags: Chris Penk Building Consent Authorities BCAs Queenstown Lakes District Council Kāinga Ora BCAL Limited MBIE New Zealand building inspections building consentOpen Banking Launches in New Zealand: Faster Loans, Easier Budgeting & Secure Data Sharing
3 weeks ago | 162 viewsOpen 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.
Tags: Scott Simpson Open Banking New Zealand MBIE Customer and Product Data Act 2025 ANZ ASB BNZ Westpac KiwibankGovernment Reforms Building Research Funding to Boost Innovation and Cut Costs in NZ
1 month ago | 155 viewsThe Government is reforming building research funding by repealing the outdated Building Research Levy Act 1969 and consolidating research funding into the existing building levy under the Building Act 2024 to improve transparency, efficiency, and innovation. The new system will centrally manage funds with sector input, ring-fence research funding for long-term projects, and make funding contestable to broaden access for universities and industry organizations, while reducing costs for consent applicants. These changes aim to enhance accountability, support a more resilient building sector, and contribute to making building easier, more affordable, and supportive of economic growth in New Zealand.
Tags: Chris Penk Building Research Levy Act Building Research Association of New Zealand BRANZ Ministry of Business Innovation and Employment MBIE Building Act 2024 Building Amendment Bill Building Consent Authorities New Zealand GovernmentNew Zealand Approves WaterMark Certification for Over 90,000 Building Products
2 months ago | 328 viewsNew Zealand has expanded access to over 90,000 overseas building products following a law change, with the WaterMark certification scheme now recognized as an endorsed standard. This change aims to make it easier for Kiwi tradies and homeowners to choose from a wide range of plumbing products, boosting competition and lowering costs. By amending the Building Act, the Government has streamlined the approval process for quality overseas building products, ensuring compliance with the Building Code and providing greater choice for building owners and designers.
Tags: Chris Penk WaterMark New Zealand Building Act Ministry of Business Innovation and Employment Building Code MBIE Building Consent Authorities Building Product Specifications overseas building productsIntroducing the Employment Leave Act: Simplifying Leave Entitlements for Employers and Employees
3 months ago | 411 viewsThe speaker acknowledges the complexity and challenges associated with the Holidays Act 2003, highlighting the need for reform to simplify calculations and reduce compliance costs. They introduce the Employment Leave Act as a replacement, outlining key changes such as transitioning to an hours-based accrual system for annual and sick leave. Additionally, the new legislation includes provisions for casual workers through a Leave Compensation Payment system and addresses issues related to parental leave entitlements, with a focus on clarity, fairness, and simplicity in the new employment laws.
Tags: Holidays Act 2003 Employment Leave Act Cabinet MBIE EMA members Leave Compensation Payment parental leave annual leave sick leave public holidaysNew Regulations Speed Up Building Inspection Wait Times, Boosting Efficiency and Cutting Costs
4 months ago | 494 viewsNew regulations mandate Building Consent Authorities to complete 80% of building inspections within three working days of the date requested by the building owner, aiming to reduce delays and costs in construction projects. The Ministry of Business, Innovation and Employment will publish quarterly wait time data for every council to improve transparency and performance. Additional reforms include a self-certification scheme for reputable building companies and homeowners being able to build a granny flat without consent, all aimed at streamlining processes and holding accountable those responsible for substandard work.
Tags: Chris Penk Building and Construction Minister Building inspections Building Consent Authorities MBIE Wait times Building projects Regulatory reforms Building companies CouncilsNew Zealand Government Enhances Building Code for Improved Fire Safety
4 months ago | 923 viewsThe Government will amend the Building Code to enhance fire safety protections for New Zealanders, prompted by a nationwide fire safety review following a tragic fire at Loafers Lodge in Wellington. Over 100 organizations and individuals contributed feedback during the consultation, highlighting the need for clearer regulations and improved evacuation measures, especially in larger residential buildings. The Ministry of Business, Innovation and Employment will incorporate this feedback into proposed Building Code changes separate from the regular update cycle, with a focus on aligning fire safety provisions with modern technologies and ensuring the safety of occupants and firefighters.
Tags: Government Building Code New Zealanders fire safety Building and Construction Minister Chris Penk Ministry of Business Innovation and Employment MBIE Loafers Lodge WellingtonGovernment Pauses Major Changes to Building Code System for Certainty in Construction Sector
5 months ago | 809 viewsBuilding and Construction Minister Chris Penk announced a pause on major changes to the Building Code system to provide stability and clarity for the building sector amidst disruptions from the pandemic and supply chain challenges. The government aims to implement a predictable three-year cycle for updates, allowing businesses to plan ahead and invest with confidence. While major changes will be paused, updates related to life safety, energy efficiency, Building Product Specifications, and fire safety will continue, supporting economic growth and productivity improvements in the building sector.
Tags: Government Building sector Building Code system Building and Construction Minister Chris Penk Ministry of Business Innovation and Employment MBIE Builders Designers DevelopersNew Zealand Passes Ground-Based Space Infrastructure Legislation for National Security
5 months ago | 837 viewsNew Zealand's Parliament has passed legislation under urgency to regulate ground-based space infrastructure, enhancing national security and protecting against foreign interference, according to Space Minister Judith Collins. The Outer Space High Altitude Activities Amendment Bill aims to ensure the safe and responsible use of space, with oversight and safeguards for satellite operations starting from 29 July. Operators will need to meet security requirements and undergo due diligence to obtain authorisation, with enforcement powers in place to address any national security concerns.
Tags: Legislation foreign interference national interests Space Minister Judith Collins national security satellite operations regulatory settings MBIE enforcement powers