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Statement regarding Craig Stobo

08 December 2025

The Ministry of Business, Innovation and Employment (MBIE) has commenced an investigation into matters that have been raised about Financial Markets Authority (FMA) Chair Craig Stobo.

Financial markets and advisers Regulating companies and other entities Business Government

Open banking regulations now in force

01 December 2025

ANZ, ASB, BNZ and Westpac are required to have open banking systems live from today.

Financial markets and advisers Competition regulation Consumer protection Regulatory systems Digital economy Regulating companies and other entities Business Government

Water levy design confirmed

27 November 2025

The Government has confirmed the design of a levy that will recover the costs of a new economic regulation regime for water services.

Competition regulation Regulatory systems Regulating companies and other entities Government

Changes to the Fair Trading Act

17 November 2025

The Government has announced decisions to increase maximum penalties for breaching the Fair Trading Act 1986.

Standards Consumer protection Regulatory systems Regulating companies and other entities Business

Commerce Commission Chair reappointed

03 July 2025

The Ministry of Business, Innovation and Employment (MBIE) today announced the reappointment of Dr John Small as Chair of the Commerce Commission. At the same time, MBIE has also confirmed associate member Stephen Ridgeway’s renewed cross-appointment to the Commission.

Competition regulation Consumer protection Regulating companies and other entities Business

Local Government (Water Services) Bill has first reading

18 December 2024

The Government has introduced a bill that would establish a new economic regulation regime for local government water services suppliers.

Competition regulation Consumer protection Regulatory systems Regulating companies and other entities Government

Strengthening New Zealand’s capital markets

13 December 2024

The Government is progressing a package of reforms to help ensure our capital markets are working to support a productive economy.

Financial markets and advisers Support for business Regulatory systems Regulating companies and other entities Business Economic Development

Government consultation opens on proposal for an agreement on information sharing between MBIE and IR

11 November 2024

Inland Revenue and Ministry of Business, Innovation and Employment (MBIE) have announced the opening of a public consultation on a proposed information sharing agreement between the two organisations.

Regulatory systems Regulating companies and other entities

Government announces plans for water services economic regulation

08 August 2024

The Government has made key decisions on the design of a new regime for economic regulation and consumer protection under Local Water Done Well.

Competition regulation Consumer protection Regulatory systems Regulating companies and other entities Government

Business Payment Practices Act repealed

08 March 2024

The Government has repealed the Business Payment Practices Act 2023.

Regulating companies and other entities Business
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