Source: BusinessNZ — Proposed changes to agricultural, horticultural and veterinary product regulation will slash red tape, improve productivity and innovation across the primary sector, and be a comfort for pet owners across the country, BusinessNZ says. Director of Advocacy Catherine Beard says streamlining approval pathways and reducing unnecessary duplication should help...
BusinessNZ welcomes the Labour Party’s public support for the NZ-India Free Trade Deal, saying it represents our best chance to secure meaningful access to one of the world’s most important growth markets. BusinessNZ Chief Executive Katherine Rich says trade has long been a strength of New Zealand’s economic policy, and...
The BusinessNZ Network and leaders across New Zealand’s export sector are calling on all political parties to back the New Zealand-India Free Trade Agreement, warning the country cannot afford to miss a major economic opportunity. An open letter published today and signed by 28 exporters and industry associations outlines the significance of getting the deal across the line as global uncertainty, rising protectionism and...
BusinessNZ’s latest Planning Forecast shows the economy finally emerging from stagnation and GDP projected to grow at just under 3% per year to 2027, with improving momentum across manufacturing, construction, and tourism. BusinessNZ Chief Economist John Pask says the recovery is welcome, but New Zealand is heading into a decade of difficult...
A new report by BusinessNZ calls for bold, long-term planning to enable a greater New Zealand by 2050. The report titled New Zealand 2050: A Long-Term Vision, makes a case for a bipartisan national plan to redefine NZ’s competitiveness, social cohesion, and global standing by 2050. Starting with NZ’s looming...
The BusinessNZ Planning Forecast for the September quarter reports on a divide in the NZ economy, with growth in the rural and regional economy, but a downswing in some large urban sectors including Auckland and Wellington. BusinessNZ Chief Economist John Pask says the divide is reflected in a range of...
Sound law-making is needed for NZ to attract investment and achieve economic growth, BusinessNZ says. Chief Economist John Pask presented BusinessNZ’s submission on the Regulatory Standards Bill to the Finance and Expenditure Select Committee today. He said the Bill was an important step towards improving the quality of regulation and...
As councils consider their spending and rates decisions for the coming year and as October’s local authority elections draw closer, business groups are calling for greater transparency on how councillors vote. “It is time for councils to make it easier to show how their elected members vote at each meeting...
BusinessNZ welcomes the Government’s commitment to reforming resource management laws, based on the principle of the enjoyment of property rights. “The latest announcement on phase 3 reforms is another step in the right direction,” BusinessNZ Chief Executive Katherine Rich said. “Current consenting processes are slow and costly, and projects can...
Changes to Foreign Investment Fund (FIF) rules will help keep investment and international talent in New Zealand, and attract more. BusinessNZ Chief Executive Katherine Rich says the existing rules have been a major barrier for foreign investors. “FIF rules have seen high net worth individuals incentivised to leave the country after...
