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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.

Practical information to improve regulation in an inter-connected world 03 July 2023

The Ministry for Business, Innovation and Employment has launched an online toolkit for people designing and implementing regulation about how international regulatory cooperation works in practice.

Government announces market study into personal banking services 20 June 2023

Today the Government has announced that it will ask the Commerce Commission (the Commission) to undertake a market study into competition in New Zealand’s personal banking sector.

New requirements for Fog Cannon Subsidy Scheme providers to align with Police’s Retail Crime Prevention Programme 19 June 2023

As part of the $11m increase in funding for the Fog Cannon Subsidy Scheme, MBIE is introducing further requirements for providers.

Digital Boost hits another milestone in supporting small businesses to become digitally enabled 15 June 2023

The Digital Boost platform has hit another milestone with over 60,000 registered users, offering small kiwi businesses digital expertise at their fingertips.