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 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...
First RMA replacement Bill released BusinessNZ has welcomed the release of the exposure draft of the Natural and Built Environments Bill, the first of three Bills to replace the Resource Management Act. BusinessNZ Chief Executive Kirk Hope acknowledges the organisations that have assisted in getting resource management reform to this...
OIO decision confidence building BusinessNZ chief executive Kirk Hope welcomes a decision by Minister of Finance Grant Robertson and Associate Minister of Finance David Parker to approve new applications by mining company OceanaGold to purchase land in Waihi. Earlier, the multinational gold producer had an application under the Overseas Investment...
Strong candidate selected for climate role BusinessNZ chief executive Kirk Hope welcomes the appointment of Climate Change Commission (CCC) Chair-designate Dr Rod Carr. “We look forward to working with Dr Carr as he builds on the legacy of the interim climate committee and the work of Dr David Prentice. “Every...
ETS development continues to be well signalled The latest design changes to New Zealand’s emissions trading scheme have been progressively well signalled and are broadly positive, says BusinessNZ. The Government’s latest set of changes include rules for auctions, pricing, monitoring, and penalties for the ETS. BusinessNZ Chief Executive Kirk Hope...
Failing to see the forest for the trees The latest report from the Parliamentary Commissioner for the Environment would result in upheaval for New Zealand’s environmental settings, BusinessNZ says. The report calls for New Zealand’s zero carbon emissions target to be substantially toughened to become a gross zero carbon target...
