In 2018-19, the independent Electricity Price Review investigated whether the electricity market was delivering a fair and equitable price to consumers and considered improvements to future-proof the sector and its governance structures. In 2019-20, the Government established new workstreams to action many of the Review’s recommendations.
This page describes the competition regulatory system, its objectives and our qualitative assessment of it. It also lists the main statutes and changes to regulation either planned or in progress.
In the future, New Zealand’s economy will have a different mix of sectors, jobs and skills. We will help communities to adapt and to benefit from the changes as we move to a knowledge-intensive, low-emissions economy.
Skilled and productive labour and safe workplaces are essential attributes of long-term economic growth. A strong economy also needs the right mix of skills and labour supply to respond to global and domestic opportunities and shifts.