News

The Commerce Amendment Bill, which introduces a package of reforms to better regulate anti-competitive practices, has passed its third reading in Parliament.

New measures announced today will increase transparency and combat the misuse of New Zealand companies to disguise criminal activity.

Initial proposed changes to lending requirements announced by the Government today will help New Zealanders acquire credit safely and responsibly.

The retail grocery sector market study was launched in November 2020 to look into competition in the sector, and today the Commerce Commission released its final report.

The Ministry of Business, Innovation and Employment (MBIE) has today confirmed the appointment of 3 new members of the Financial Markets Authority Board, along with the reappointment of a current board member.

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.

Two thirds of Kiwi businesses agree a new way of invoicing will reduce the risk of cyber hacking, cut admin time, speed up payments and improve cashflow, according to research commissioned by the Ministry of Business Innovation and Employment (MBIE).

Every year, more than 100,000 New Zealanders are made redundant and laid off, or have to stop working because of a health condition or disability.

During the 2020 COVID-19 response, the Ministry for Business, Innovation and Employment’s Small Business Collective responded at pace to deliver information, support and services to help small business owners navigate the rapidly changing environment.