News and releases

Specialist deep-sea divers have this week started work off the Taranaki coast to kickstart the second phase of the decommissioning of the Tui Oil Field which is being overseen by the Ministry of Business, Innovation and Employment (MBIE).

Parliament has today updated legislation that will bring greater clarity and protection for New Zealand’s approximately 24,000 incorporated societies.

The Commerce Amendment Bill, which introduces a package of reforms to better regulate anti-competitive practices, has passed its third reading in Parliament.

The Ministry of Business, Innovation and Employment (MBIE) has announced that Cabinet has agreed to progress with a new regulatory regime for professional engineers.

Hundreds more households living in Māori and public homes are set to benefit from locally generated, clean power under the government fund set up to trial small-scale renewable energy projects.

New measures announced today will increase transparency and combat the misuse of New Zealand companies to disguise criminal activity.

Tourism businesses in the 5 South Island communities most reliant on international visitors will be able to apply for support from the $49 million Tourism Kick-start Fund initiative on 1 April.

Two exciting events in Te Waipounamu South Island with a focus on Matariki are the latest recipients of investment and support from the Creative and Cultural Events Incubator.

Initial proposed changes to lending requirements announced by the Government today will help New Zealanders acquire credit safely and responsibly.

The share of electricity generated from renewable sources hit a 26-year high in the final quarter of 2021 after sizeable increases hydro and wind generation, according to data published today by the Ministry of Business, Innovation and Employment.