New figures show New Zealanders are increasingly using regulated open banking services, with transaction volumes and values continuing to grow under the Customer and Product Data Act 2025.
The Ministry of Business, Innovation and Employment (MBIE) has confirmed it will take responsibility for the ongoing governance and delivery of standards for New Zealand’s Consumer Data Right (CDR).
MBIE’s 2026 Energy in New Zealand report shows a 66% increase in solar generation over the past year to a new record, with several large utility-scale solar farms coming online.
Electricity network costs are currently driving increases in New Zealanders’ power bills and the energy sector needs to help make power more affordable, announced Energy Minister Simeon Brown and Commerce and Consumer Affairs Minister Cameron Brewer today.
More young New Zealanders will have the opportunity to gain qualifications, paid work experience and industry connections through the expansion of the Earn as You Learn programme into the Hutt Valley, Bay of Plenty, Christchurch and Auckland from 2027.
According to the 2026 New Zealand Consumer Survey, almost half of New Zealand consumers experienced a problem with a product or service in the past 2 years, showing the importance of understanding consumer rights and knowing where to go for support when issues arise.
As the monitoring department for the Financial Markets Authority (FMA), the Ministry of Business, Innovation and Employment (MBIE) has started an independent investigation into matters raised in relation to workplace conduct and culture at the FMA.
The Government is investing $800,000 from the International Visitor Conservation and Tourism Levy (IVL) to help ensure New Zealand tourism businesses and destinations are easier to find through artificial intelligence (AI) tools.