01 Jul 2026
3 months ago
870 views
The New Zealand Government will align its toy safety standards with those of the US and EU, allowing toys compliant with these international standards to be sold locally without additional testing costs. This update aims to reduce compliance expenses, enhance market attractiveness, increase product variety, and is expected to generate a net benefit of $6.8 million over 10 years while maintaining child safety. An exposure draft will be released for consultation, followed by a six-month transition period for suppliers to adapt to the new regulations.
30 Jun 2026
3 months ago
880 views
The New Zealand Government is making it mandatory for new corded blinds to meet internationally recognised safety standards to protect young children from cord entanglement hazards. This move follows multiple child fatalities and coroner recommendations, aiming to reduce risks through shorter cords, warning labels, and safety devices, while minimizing costs for compliant businesses. Parents are also urged to raise awareness and take precautions with existing blinds to ensure home safety.
18 Jun 2026
4 months ago
796 views
New Zealand's manufacturing sector led economic growth in the March 2026 quarter, expanding 1.9 percent and significantly contributing to the country's 0.8 percent GDP growth. This growth was driven by innovative firms like Dawn Aerospace, Rocket Lab, and Fisher and Paykel Healthcare, reflecting strong productivity and forward orders. The government supports this sector through initiatives like the Investment Boost, aiming to enhance productivity and sustain manufacturing's role in New Zealand's economic recovery.
18 Jun 2026
4 months ago
862 views
New Zealand's manufacturing sector led economic growth in the March 2026 quarter, expanding 1.9 percent and driving a 0.8 percent overall GDP increase, with strong performance in transport equipment and machinery manufacturing. Key firms like Dawn Aerospace, Rocket Lab, and Fisher and Paykel Healthcare are spearheading innovation and productivity, supported by government initiatives such as the Investment Boost to encourage capital investment. Manufacturing, contributing around 8 percent of GDP and employing over 220,000 people, is central to New Zealand's economic recovery and future growth strategy.
18 Jun 2026
4 months ago
840 views
The Government is removing health and life insurers from the mandatory climate reporting regime, as these insurers are not directly exposed to climate risks and reporting adds unnecessary costs to their clients. This change follows previous adjustments raising the reporting threshold and excluding certain schemes, reducing the number of businesses required to report from 164 to around 67. The focus remains on ensuring large businesses with significant impact continue reporting, while cutting red tape for firms where reporting is less relevant.
11 Jun 2026
4 months ago
932 views
New Zealand's government is funding AI-powered initiatives to support 600,000 small businesses, aiming to unlock growth opportunities with smart, data-driven tools. The investment expands AcceleratorNZ to provide AI-driven business diagnostics to 500 more firms and helps Business Mentors New Zealand develop an AI Digital Mentor tool to better match mentors with businesses. These efforts modernize support services, enhancing efficiency while maintaining human mentorship to help small businesses grow, compete, and succeed.
10 Jun 2026
4 months ago
977 views
The Anti-Scam Alliance in New Zealand has launched new initiatives, including expanding the banking sector's "Confirmation of Payee" system and introducing the New Zealand Online Scams Code, to better protect people and businesses from scammers. This collaborative effort involves telcos, digital platforms, banks, government, and consumer groups working together to block scam content and prevent fraud, building on successful pilot programs that saved millions in losses. These measures complement legal changes and aim to create a safer online environment, giving New Zealanders greater confidence to engage in digital transactions without fear.
04 Jun 2026
4 months ago
892 views
The Commerce Commission has proposed reducing the fees businesses pay to accept company cards, potentially saving retailers around $40 million annually and contributing to a total expected saving of up to $290 million per year for businesses. Commerce Minister Cameron Brewer highlighted that current interchange fees in New Zealand are nearly double those in Australia and unfairly burden businesses, which often pass these costs onto consumers through higher prices. The draft decision is open for consultation, with a final ruling expected later this year, aiming to ensure fairer payment processing costs and benefits for both businesses and consumers.
03 Jun 2026
4 months ago
983 views
The New Zealand government is enhancing copyright laws to extend protection by 20 years and strengthen creators' rights, ensuring iconic works continue to benefit their artists. Changes will allow not-for-profit cultural institutions greater flexibility to digitally preserve and provide access to works, including those with unknown copyright holders, while preventing commercial misuse and combating offshore piracy. Additionally, creators will have stronger ownership of commissioned works, improved protections for digital tools, and ongoing consideration of a copyright framework for generative AI by 2027.
27 May 2026
5 months ago
943 views
The second annual Minister for Manufacturing Awards in New Zealand celebrated businesses and individuals driving innovation, growth, and resilience in the manufacturing sector, which contributes $22 billion annually and 60% of goods exports to the economy. Winners included Architectural Glass Products for process innovation and manufacturing excellence, Devin Gibson as Apprentice of the Year, Oliver Hunt for healthcare remanufacturing leadership, and Jeff Douglas for his transformative legacy in pharmaceutical manufacturing. The awards highlight the sector's commitment to innovation, skills development, sustainable practices, and global competitiveness amid ongoing challenges.
26 May 2026
5 months ago
990 views
The New Zealand Government is extending copyright protection for music recordings from 50 to 70 years after publication to support Kiwi artists and align with international standards. This change, prioritized during New Zealand Music Month, ensures artists can continue earning from their work and protects both iconic classics and future creations. The updates, part of trade agreements with the UK and EU, must be implemented by May 2028, with further Copyright Act changes to be announced soon.
22 May 2026
5 months ago
807 views
The New Zealand government has launched a fully funded training initiative through the Regional Business Partner Network to help small and medium enterprises improve business resilience, continuity planning, and preparedness for disruption. This program, available nationwide from May to August via workshops, webinars, and online content, aims to equip businesses with practical tools to manage change and strengthen performance without cost barriers. The initiative complements existing support and emphasizes the importance of resilience in ensuring long-term business success amid uncertainty.
15 May 2026
5 months ago
931 views
The New Zealand Government is strengthening the Plant Variety Rights Act 2022 to better protect investments in high-value horticulture, support growers, and boost export returns, particularly for kiwifruit and apples. Key changes include extending the PVR term by five years and restoring provisional protection to allow breeders immediate legal action against exploitation during the application process. These measures aim to encourage innovation, secure jobs, and enhance New Zealand’s competitiveness in global markets.
04 May 2026
5 months ago
1068 views
Commerce and Consumer Affairs Minister Cameron Brewer has accepted the resignation of Financial Markets Authority (FMA) Chair Craig Stobo following an independent review that found no evidence of inappropriate relationships but noted lapses in political neutrality and delayed governance disclosures. The review emphasized the importance of maintaining confidence in the FMA’s independence and integrity as it continues its regulatory role in New Zealand’s financial markets. Steven Bardy will serve as Acting Chair while a permanent replacement is sought, with the government reaffirming its commitment to a strong and independent financial markets regulator.
29 Apr 2026
5 months ago
998 views
Minister Cameron Brewer announced the finalists for the 2026 Minister for Manufacturing Awards, which celebrate innovation and excellence in New Zealand’s manufacturing sector that employs 250,000 people and contributes significantly to the economy and exports. The awards introduce three new categories, including one for small businesses with fewer than 50 employees, reflecting the sector’s diversity and importance. The government is committed to supporting manufacturers through skills development and technology adoption, with winners to be announced at the EMEX 2026 event in Auckland.