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 businesses will be heartened by the work. “Our members have consistently called for...
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 infrastructure projects, based on learnings from past projects, with updated requirements relating to...
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 payment times. “Businesses can look forward to their invoices being paid...
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 Executive Katherine Rich said the current rules make it difficult and uncertain...
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 situation which will lead to unjustified pressure on future levy payers. BusinessNZ Chief Executive Katherine...
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 for builders to submit their plans to. BusinessNZ Advocacy Director Catherine Beard...
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 bipartisanship in infrastructure. “The Minister’s commitments to an independent National Infrastructure Plan, the use of independent agencies...
BusinessNZ says Budget 2024 shows a responsible approach to spending in areas that have the potential to significantly improve New Zealand’s economic growth. Chief Executive Kirk Hope says given the fiscal situation New Zealand finds itself in, the Government will need to be rigorous in its pursuit of keeping expenditure...
BusinessNZ is congratulating the Minister of Climate Change for his work in achieving cross-party consensus for a way forward on climate adaptation. The political parties have agreed to a select committee inquiry into climate adaptation to develop guiding objectives and principles for an adaptation framework and to work out the...
BusinessNZ welcomes the introduction of the Fast-Track Approvals Bill and its referral to the Environment Select Committee for public submissions, but says resourcing of the expert panel is critical to achieving its objective. BusinessNZ Chief Executive Kirk Hope says New Zealand is in desperate need of further infrastructure development to...
