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Fair Trading Act changes

The Government is amending the penalties for breaching the Fair Trading Act 1986 to provide a strong deterrent for unfair and misleading conduct, and making changes to enable product safety standards to be kept up to date. These changes aim to better protect consumers and provide businesses that trade fairly with a level playing field.

Section 3: The basis for setting fees and levies

Proposed fees and levies are set to recover approximately $42 million annually, considering the proposed increase in budget and any forecast deficit.

Our year in review – executive summary

Some clear themes have emerged over the past year as we have put in place policies, projects and people to help us Grow New Zealand for All. We are operating in a fast-changing world and our economy must be able to respond as quickly. We need to be future-focused, innovative and collaborative to meet this challenge.

Recall of EC Rainbow Sand and Creatistics – Coloured Sand (1.3kg) due to potential asbestos contamination

The Ministry of Business, Innovation and Employment (MBIE) has been notified that a voluntary recall is underway for recall of EC Rainbow Sand (1.3kg) and Creatistics – Coloured Sand (1kg) due to potential asbestos contamination

Background

The Ministry of Business, Innovation, and Employment (MBIE) published an Interim Hydrogen Roadmap (the Interim Roadmap) on 9 August 2023 to test initial positions and proposed actions, on the role of hydrogen as part of New Zealand’s energy transition.