29 Aug 2026
1 month ago
513 views
The New Zealand Government will impose a 10-year performance requirement regulation on Wellington's water services provider, Tiaki Wai, following a Commerce Commission recommendation to ensure stronger accountability and transparency. This regulation grants the Commission the power to set binding performance standards, prioritizing critical projects and ensuring the $25 billion investment over 30 years is effectively managed and delivers promised infrastructure improvements. Ministers emphasize that this independent scrutiny aims to restore public confidence by guaranteeing that water charges are transparently used for necessary network upgrades rather than being hidden within general rates.
19 Aug 2026
2 months ago
639 views
New Zealand’s rising electricity bills are largely driven by electricity distribution network costs, prompting the government to seek reforms for greater affordability, reliability, and efficiency in the sector. The Ministry of Business, Innovation and Employment (MBIE) has released a discussion document proposing actions to enhance collaboration among Electricity Distribution Businesses (EDBs), improve economic regulation, and strengthen governance to support increased electrification and innovation. The government is inviting public feedback on these potential reforms to ensure investments deliver value for consumers and help moderate future power costs.
14 Jul 2026
3 months ago
665 views
The Government is seeking feedback on the next phase of capital market reforms aimed at lowering the cost of raising capital for Kiwi businesses and improving returns for investors, with a focus on modernizing rules to keep pace with innovation and maintain investor protections. This phase follows last year’s reforms that reduced compliance costs and barriers to listing on the NZX, and now targets eight specific areas including product disclosure, director liability, crowdfunding limits, and broker activity. The consultation, open for six weeks, invites input from businesses, investors, and financial advisers to help create dynamic, competitive markets that support economic growth.
26 Nov 2025
11 months ago
1181 views
The New Zealand Government is advancing reforms to improve infrastructure funding and financing to support housing and urban growth, focusing on land supply, infrastructure, and growth incentives through its Going for Housing Growth programme. Key initiatives include introducing the Infrastructure Funding and Financing (IFF) Amendment Bill, replacing development contributions with a new development levies system, and proposing the Commerce Commission as the regulator for development levies to ensure fairness and transparency. Public consultation on these reforms runs until February 2026, aiming to create a flexible, consistent system that enables faster housing development and better infrastructure delivery.
17 Sep 2025
1 year ago
1413 views
The Government, led by Commerce and Consumer Affairs Minister Scott Simpson, is expanding the surcharge ban to include foreign-issued cards and commercial cards, aiming to simplify transactions for businesses and consumers. The Retail Payment System (Ban on Merchant Surcharges) Amendment Bill has passed its first reading, prohibiting surcharges on in-store EFTPOS, Visa, and Mastercard payments. The ban, set to be implemented within a month of passing the Bill, aims to save businesses up to $90 million annually and prevent surprise costs for Kiwi shoppers at payment terminals.
16 Sep 2025
1 year ago
1207 views
The Government is updating the Commerce Act after nearly 20 years to enhance protection for the public and provide more certainty for businesses, focusing on promoting competition, innovation, and fair markets. Key changes include preventing unfair tactics, clearer merger rules, strengthening the Commerce Commission, and facilitating beneficial collaborations among businesses. The amendments aim to ensure the Commerce Commission is more effective, separate governance and regulatory functions, and give the Commission stronger tools to assess mergers and competition concerns, ultimately promoting fairer markets and consumer choice.
27 Aug 2025
1 year ago
1370 views
The Government's Local Water Done Well legislation aims to provide safe, reliable, and financially sustainable water services to local communities across the country. The legislation focuses on ensuring financial sustainability, oversight, and accountability in water service delivery, with the Commerce Commission overseeing economic regulation to ensure fair pricing and quality infrastructure. Councils are encouraged to submit water services delivery plans that meet the requirements and provide flexibility to make arrangements best-suited for their communities, ultimately benefiting Kiwis with improved water services.
07 Aug 2025
1 year ago
1813 views
Ministers Seymour and Simpson have announced a Ministry for Regulation review to address the high costs and complexities of New Zealand's product labelling regulations, which hinder affordability and global competitiveness. The current system, comprising over 30 codes and standards, imposes unnecessary compliance burdens on businesses, leading to increased prices and limited wage growth. The review aims to streamline regulations, reduce compliance costs, and enhance Kiwi goods' competitiveness internationally, with a focus on benefiting both businesses and consumers by simplifying the labelling process.
28 Jul 2025
1 year ago
3514 views
Commerce and Consumer Affairs Minister Scott Simpson announced the axing of surcharges to benefit New Zealanders financially. The move aims to eliminate the hassle and unexpected costs shoppers face at the checkout. By banning surcharges for in-store payments by May 2026, consumers can shop confidently without being penalized for their payment method choice.
10 Jul 2025
1 year ago
2062 views
Important progress in the fight against online financial scams has been made with the launch of a new initiative between government, industry and consumer groups, Commerce and Consumer Affairs Minister Scott Simpson says. “It is unacceptable that so many Kiwis are swindled by scammers every day,” Mr Simpson says. “Some reports suggest scams cost the economy up to $2 billion annually, and it is crucial we get on top of the problem.