The Government has established a consumer data right through the Customer and Product Data Act 2025. The Act establishes an economy-wide framework to enable greater access to, and sharing of, customer and product data between businesses. This gives individuals and businesses greater choice and control over their data.

Competitive and dynamic markets are critical to economic productivity and the welfare of New Zealanders.

The Government is progressing reforms to streamline financial services.

The Government is delivering Māori economic growth through Going for Growth and Going for Growth with Māori | Tōnui Māori.

Changes were made to section 99(1A) of the Credit Contracts and Consumer Finance Act (CCCFA) in 2019, following a review of this provision. The changes are found in sections 95A and 95B of the CCCFA, which expressly enable a court (on application by the lender) to vary or remove the effect of section 99(1A).

The Government proposes to update New Zealand’s engine fuel specifications to ensure they are fit-for-purpose.

From 29 August to 10 October 2024, MBIE consulted on policy settings for electricity regulations under the Customer and Product Data Act. We received 30 submissions.

Clear cross-business lines of oversight and accountability, including across artificial intelligence use or development, enables effective risk management.

Responsible training data collection and modelling practices support useful, secure and fair artificial intelligence systems.

We provide advice to the Minister for Small Business and Manufacturing, and deliver services that support small businesses and manufacturers to grow and prosper.