BusinessNZ congratulates the Government and Local Government Minister Simeon Brown on planned local government reform. BusinessNZ Chief Executive Katherine Rich said the Government’s agreement to change the purpose of the Local Government Act, from the current ‘four...
Economy & Tax
NZ Economy: Holding pattern
The BusinessNZ Planning Forecast for the December quarter shows only modest growth on the cards for New Zealand’s economy in 2025. BusinessNZ Director of Advocacy Catherine Beard says after a tough year in business, there are still reasons to be optimistic. "The end...
Improving regulatory oversight welcomed
BusinessNZ endorses the start of work towards a proposed Regulatory Standards Bill. The Bill aims to improve the quality of regulation, reducing the compliance burden on New Zealanders and boosting productivity. BusinessNZ Chief Executive Katherine Rich says...
Cross-party consensus congratulated
BusinessNZ congratulates the National, Labour and ACT parties for their shared endorsement of an updated framework for public private partnerships. The New Zealand PPP Framework Blueprint for Future Transactions sets out New Zealand’s future approach to PPP...
Small business welcome new procurement rules
Small businesses will welcome the Government’s firm direction to government agencies to pay their bills on time, BusinessNZ says. Chief Executive Katherine Rich says many businesses supply goods and services to government agencies and can experience hardship from late...
Welcoming overseas investment
BusinessNZ has welcomed the Government’s pledge to improve the policies holding back overseas investment. The Government has indicated it will change the Overseas Investment Act and the policy settings for foreign investment, within the next year. BusinessNZ Chief...
ACC accounts under pressure
Better claims management and more transparent levy-setting are needed to return ACC Accounts to financial health, BusinessNZ says. BusinessNZ’s submission on ACC’s levy-setting for 2025-28 notes that some ACC Accounts are currently underfunded, a...
Productivity in building
BusinessNZ supports moves to get more productivity and efficiency in the building consent system. The Government is proposing changing the system, with options including consolidating the number of Building Consent Authorities and introducing a single point of contact...
NZ Economy: Flicker of light
The BusinessNZ Planning Forecast for the September Quarter shows a flicker of light at the end of the tunnel. The BusinessNZ Economic Conditions Index, a measure of New Zealand’s major economic indicators, shows improvement from the previous quarter, with warmer...
Consensus approach welcomed
BusinessNZ congratulates the Infrastructure Minister for his commitment to building consensus. BusinessNZ Advocacy Director Catherine Beard says the Minister’s address to the infrastructure community today reflected the strong desire by business for more...
Overseas investment changes a good start
The Government’s steps to make it easier for overseas investment are a good start but more, fundamental change is required, says BusinessNZ Chief Executive Kirk Hope. “New Zealand currently has one of the most restrictive regimes in the OECD when it comes to overseas...
BusinessNZ Chief Executive Kirk Hope resignation
BusinessNZ Chief Executive Kirk Hope today announced he has resigned from his role and will finish with BusinessNZ on 6 September 2024. “I have led BusinessNZ for nine years through a period of growth, consolidation and unprecedented change and believe the time is...