News and releases

The Government has agreed on changes to the Commerce Act to ensure New Zealand business can compete on a level playing field, and that competition law remains effective for the long-term benefit of consumers.

New measures that protect consumers who borrow from high-cost lenders and mobile traders came into effect on 1 June 2020.

The Government has today announced additional funding for research, science & innovation as part of Budget 2020 and the COVID Response and Recovery Fund.

Subcontractors will have greater certainty, more cashflow support and job security with new changes to retention payments under the Construction Contracts Act.

The COVID-19 vaccine strategy sets out the Government's mission to ensure that New Zealand has access to a safe and effective vaccine as early as possible.

The government has announced a $400m tourism recovery package to support the industry recover from the impact of the COVID-19 pandemic.

The Government is making changes to the Financial Markets Authority’s (FMA) levy to implement an increase in its funding. The funding decision, made through Budget 2020, involves increasing the FMA’s annual operating funding over the next three years.

Parliament has today passed legislation to ensure that the Government can respond quickly, appropriately and efficiently to immigration issues arising from the COVID-19 outbreak.

A Bill to temporarily amend immigration legislation to support the quick and efficient management of visa changes during COVID-19 is being introduced to Parliament tomorrow.

The Government is progressing with changes to insolvency and company law through the COVID-19 Response (Further Management Measures) Legislation Bill, which has been introduced to Parliament.