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MED News
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10 March 2014

Craig Foss | Commerce

Commerce Minister Craig Foss and Revenue Minister Todd McClay have announced the launch of an integrated Employer Registration service, making it easier for newly-formed companies to communicate with Government. The Employer Registration (ER) service is available on the Companies Office website and means businesses will only need to supply key information to government once, saving time and expense. ...

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10 March 2014

Steven Joyce | Commerce

Economic Development Minister Steven Joyce and Commerce Minister Craig Foss today formally launched the New Zealand Business Number (NZBN) at Xero in Wellington. The NZBN is a core initiative of the Government’s Better Public Services for business (Result 9) programme, which is designed to make it easier for businesses to work with government. It is proposed that a single identifying number is assigned to all businesses, government agencies and commercial entities in New Zealand. ...

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10 March 2014

Amy Adams | Communications and Information Technology

Information and Communications Technology Minister Amy Adams has welcomed the agreement by Crown Fibre Holdings and Chorus on the first tranche of amendments to the companies’ Ultra-Fast Broadband contract. The changes agreed by Crown Fibre Holdings and Chorus are intended to close some of the funding gap that was identified in the Government-commissioned independent report by Ernst & Young Australia (EY). ...

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4 March 2014

Steven Joyce | Economic Development

I’m pleased to here today in place of my colleague Simon Bridges, who is in Toronto for the 2014 Prospectors & Developers Association of Canada conference – a major event in the international minerals exploration calendar. Simon will be promoting New Zealand, especially the platinum minerals exploration tender for parts of the South Island. ...

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3 March 2014

Craig Foss | Commerce

Commerce Minister Craig Foss has announced an exemption to cut compliance costs for employee share schemes as part of the Financial Markets Conduct Act implementation. “New exemption rules will open up possibilities for employers to offer share purchase schemes, enabling employees to take an ownership stake in the business they work for. This creates a practical way for businesses, especially start-ups to attract and retain talent,” says Mr Foss. ...

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28 February 2014

John Key | Prime Minister

Prime Minister and Tourism Minister John Key today, in a pre-Budget announcement, said $8 million would be invested over four years to help maintain the quality of the New Zealand Cycle Trail (NZCT) Great Rides. 'Nga Haerenga - The New Zealand Cycle Trail' is a partnership project between the Government and the Green Party of Aotearoa New Zealand. The Prime Minister, speaking in Queenstown, also announced up to $500,000 in additional funding for the Around the Mountains Cycle Trail in Southland. ...

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27 February 2014

Craig Foss | Commerce

Commerce Minister Craig Foss today tabled in Parliament the Government’s response to the Law Commission’s report A New Act for Incorporated Societies. “The Law Commission has produced a comprehensive report, outlining a number of recommendations to modernise the Incorporated Societies Act 1908.  The recommendations seek to improve guidance for people who run incorporated societies, including how to manage disputes. ...

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26 February 2014

Craig Foss | Commerce

Commerce Minister Craig Foss today announced Cabinet has approved regulations for crowd funding and peer-to-peer lending as part of the Government’s financial market overhaul. Mr Foss has announced that there will be no investor caps for equity crowd-funding, other than the previously announced $2 million cap that a company can raise through crowd funding each year. ...

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26 February 2014

Todd McClay | Tourism

Thank you, David, for your welcome. I am delighted to join you today to mark the inaugural trans-Tasman flight of Jetstar’s flagship 787 Dreamliner. As the Associate Minister of Tourism, I am heartened by the confidence that Jetstar is demonstrating in the New Zealand market, by choosing to invest in the Dreamliner and fly it to New Zealand. Jetstar’s innovative approach ...

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25 February 2014

Steven Joyce | Economic Development

New guidelines to help councils support local economic development and business investment have been welcomed by Economic Development Minister Steven Joyce. The Business Friendly Councils guidelines, launched by Local Government New Zealand (LGNZ) today, encourage economic development by identifying the roles councils have to support and encourage their local businesses to invest and grow jobs. ...

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