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...
The Government’s policy statement on transport indicates a long-term vision, BusinessNZ says. BusinessNZ Advocacy Director Catherine Beard said the Government Policy Statement (GPS) on Land Transport showed a sound approach to funding and appropriate long-term thinking. “The GPS indicates a longer-term intention to move away from fuel taxes, towards a...
The BusinessNZ Energy Council (BEC) says investigating answers to the dry year problem is important, but options must consider solutions for both short and long-term energy issues. “With the world moving to decentralised options, and with extreme weather events highlighting risk, it is important the Government considers options that are...
The BusinessNZ Energy Council (BEC) is proud New Zealand’s energy sector remains one of the top ten globally for equitable, secure and sustainable access, but says energy security is a risk. Each year the World Energy Council’s Energy Trilemma Index ranks nations based on three key aspects; Energy equity, security and sustainability....
