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Minimum wage set for 2025 17 December 2024

The adult minimum wage will rise to $23.50 an hour from 1 April 2025.

Business Employment and skills
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
Improving competition settings to lift productivity 05 December 2024

The Government is progressing an economy-wide programme to improve competition and lift productivity.

Competition regulation
Have your say on a proposed levy to fund a new economic regulation regime for New Zealand’s water services 26 November 2024

The Ministry of Business, Innovation and Employment is asking for feedback on a proposed levy to recover the cost of a new economic regulation and consumer protection regime for New Zealand’s water services.

Competition regulation Regulatory systems Economic Development
Government suppliers to receive faster payments 19 November 2024

Businesses supplying goods and services to government agencies will benefit from improved payment times.

Business
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
Dr Derek Johnston reappointed to the Commerce Commission 18 October 2024

The Ministry of Business, Innovation and Employment (MBIE) has confirmed that Dr Derek Johnston has been reappointed for a second term as a Commissioner at the Commerce Commission.

Competition regulation
Seeking feedback on applying the consumer data right to banking and electricity 02 September 2024

The government is progressing the development of a ‘consumer data right’ to give individuals and businesses greater choice and control over their data. This is done through the Customer and Product Data Bill, which has been introduced to Parliament and is now before the Economic Development, Science and Innovation Committee.

Energy Financial markets and advisers Consumer protection Government
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
Government lifts loan affordability assessment rules 31 July 2024

Prescriptive loan affordability requirements have been removed from Credit Contracts and Consumer Finance Act (CCCFA) regulations.

Financial markets and advisers Regulatory systems Business

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