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Outcome 5: A dynamic business environment fostering innovation and international connections

We need a business environment that is dynamic, where businesses are able to respond to new opportunities and resources are allocated to their most productive use. Investment and connections are crucial. We also need to innovate sustainably and be able to quickly adopt new economic thinking.

Fair Trading Act changes

The Government is amending the penalties for breaching the Fair Trading Act 1986 to provide a strong deterrent for unfair and misleading conduct, and making changes to enable product safety standards to be kept up to date. These changes aim to better protect consumers and provide businesses that trade fairly with a level playing field.

Temporary Accommodation Service activated for the Tasman and Nelson severe weather event

Associate Housing Minister Tama Potaka has announced that the Temporary Accommodation Service (TAS) in the Ministry of Business, Innovation and Employment (MBIE) activated at 12:00pm on Friday 11 July to offer support to households displaced by the recent severe weather event in Tasman and Nelson regions.