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Government lifts lid on own payment times 12 April 2024

MBIE has launched a new dashboard showing each central government agency’s performance against 10 day invoice payment targets.

Government welcomes draft personal banking services report 21 March 2024

The Commerce Commission has published its draft report into personal banking services.

Business Payment Practices Act repealed 08 March 2024

The Government has repealed the Business Payment Practices Act 2023.

Government signals intention to repeal Business Payment Practices Act 2023 22 February 2024

The Government has today announced plans to repeal the Business Payment Practices Act 2023.

Reducing barriers for financial services 01 February 2024

On 31 January 2024, the Government announced plans to reform the Financial Markets (Conduct of Institutions) Amendment Act (CoFI) and the Credit Contracts and Consumer Finance Act (CCCFA).

Repeat offender permanently banned by Registrar of Companies 23 November 2023

Raymond Anthony Andrews permanently prohibited from management of a company.

New Grocery code of conduct mandatory for suppliers 11 September 2023

The Government announced a new mandatory Grocery Supply Code of Conduct supporting fairer trading relationships last week.

Business payments regime passes into law 21 July 2023

A new Bill designed to reduce the stress and costs to small businesses of long payment wait times has passed its third reading on the 19 July.

Consultation opens on anti-competitive land agreements 13 July 2023

The Ministry of Business, Innovation and Employment (MBIE) has opened consultation on a review into anti-competitive land agreements across the wider economy.

MBIE announces banking services panel 05 July 2023

The New Zealand Government Procurement (NZGP) branch of the Ministry of Business, Innovation and Employment (MBIE) has today announced an updated All-of-Government (AoG) panel providing a range of banking services to government agencies until 30 June 2027.