Energy markets regulatory system
This page describes the energy markets regulatory system and its objectives. It also lists the main statutes and changes to regulation either planned or in progress.
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Farsight NZ LP registered as New Zealand’s second private-sector standalone building consent authority
The Ministry of Business, Innovation and Employment (MBIE) has approved the registration of Wellington-based Farsight NZ LP (Farsight) as a standalone building consent authority (BCA).
Review of the building consent system (2022)
The Ministry of Business, Innovation and Employment (MBIE) asked for feedback on its review of the building consent system in 2022. This consultation closed on 4 September 2022.
MultiProof eligibility expanded
The Government has relaxed eligibility for applying for the national multiple-use building approvals scheme.
Supermarket fast-track pathway opening
The Government has passed the Fast-track Approvals Amendment Bill which includes changes to boost grocery competition.
Open banking regulations now in force
ANZ, ASB, BNZ and Westpac are required to have open banking systems live from today.
MBIE seeking feedback on rules for payment services
With innovations like digital wallets and payment apps rapidly transforming the New Zealand payments market, the Ministry of Business, Innovation and Employment (MBIE) is asking if the rules for payment services are still fit for purpose.
Amendments to the Energy Efficiency (Energy Using Products) Regulations 2002
In 2025 we amended the Energy Efficiency (Energy Using Products Regulations) 2002 to align the regulations with Australia.
New one-stop shop to speed up supermarket builds
The Government has signed an agreement with Christchurch City Council to manage building consents for new supermarkets all over New Zealand.
Changes to the Fair Trading Act
The Government has announced decisions to increase maximum penalties for breaching the Fair Trading Act 1986.