The Government has agreed through Budget 2022 to increase the Financial Market Authority - Te Mana Tātai Hokohoko’s (FMA) annual operating funding from $60.805 million to $76.401 million in 2025/26.
The Ministry of Business, Innovation and Employment (MBIE) is asking for feedback on draft changes to the Credit Contracts and Consumer Finance Act (CCCFA) regulations and the Responsible Lending Code.
The Commerce Amendment Bill, which introduces a package of reforms to better regulate anti-competitive practices, has passed its third reading in Parliament.
The Ministry of Business, Innovation and Employment (MBIE) has today announced a refresh of the cross-appointments between the New Zealand Commerce Commission and the Australian Competition and Consumer Commission (ACCC).
The Events Transition Support Payment scheme (ETSP), introduced in November 2021 to give event organisers financial certainty to host large scale events over summer, will be extended from 4 April 2022 to 31 January 2023 and expanded to include business events.