News feeds

17 April 2013

John Banks | Regulatory Reform

Regulatory Reform Minister John Banks today announced that the Government has agreed to two new initiatives to improve New Zealand’s regulatory performance. The two initiatives are: More active regulatory stewardship Improved disclosure for legislation and regulation “Government agencies need to continue to improve their regulatory performance to ensure higher living standards for all New Zealanders,” Mr Banks says. ...

Progress updating consumer law for the 21st Century

17 April 2013

Craig Foss | Consumer Affairs

Consumer Affairs Minister Craig Foss today introduced a Supplementary Order Paper (SOP) as part of on-going work to reform New Zealand’s consumer law. ...

Telecommunications security legislation to be modernised

16 April 2013

Amy Adams | Communications and Information Technology

Communications and Information Technology Minister Amy Adams has announced the Government plans to modernise the Telecommunications (Interception Capability) Act 2004 to ensure it remains effective in a rapidly-changing telecommunications environment, and also intends to create a new formalised network security regime. The proposed changes relate to obligations for telecommunications companies, and are focused on modernising the existing interception capability regime and introducing a formal and transparent framework for network security. ...

Crown Minerals Bill passes into law

16 April 2013

Simon Bridges | Energy and Resources

Energy and Resources Minister Simon Bridges today welcomed the passing of the Crown Minerals (Permitting and Crown Land) Bill into law. “The changes this Bill introduces promote a safe and sensible regulatory regime for the development of New Zealand’s petroleum and minerals resources,” says Mr Bridges. “Oil, gas and minerals together contribute over $4 billion to New Zealand’s GDP each year and with responsible development, this contribution could be significantly greater. ...

Crown Minerals Bill Third Reading Speech

16 April 2013

Simon Bridges | Energy and Resources

Mr Speaker; I move that the Crown Minerals Amendment Bill, Conservation Amendment Bill (No 2), Continental Shelf Amendment Bill, Reserves Amendment Bill, and Wildlife Amendment Bill be now read a third time. These changes are central to this Government’s work programme to improve the regulatory system for the petroleum and minerals sectors in New Zealand. The Bills deliver on the objectives of the Crown minerals review to: ...

Budget 2013: Investing in internationally-focused growth

16 April 2013

John Key | Budget 2013

Prime Minister and Tourism Minister John Key today told a business audience in Wellington that a key focus of the upcoming Budget would be a package of internationally focused growth initiatives. “New Zealand’s prosperity is highly dependent on our ability to form and maintain strong links with countries around the world. Exports of goods and services, including tourism and international education are vitally important for our economy,” says Mr Key. ...

Speech to the New Zealand China Partnership Forum

11 April 2013

Steven Joyce | Economic Development

Good morning distinguished guests, ladies and gentlemen. The inaugural New Zealand-China Partnership Forum is an historic event. This session presents a rare opportunity for a frank and useful exchange on bilateral investment between public and private-sector leaders from both our countries. The New Zealand Government sees attracting new investment as crucial for New Zealand’s growth and prosperity. New investment creates jobs and grows incomes. Foreign investment is a key part of increasing overall investment in our economy. ...

Air New Zealand congratulated for global leadership in sustainability

10 April 2013

Chris Tremain | Tourism

Associate Tourism Minister Chris Tremain has congratulated Air New Zealand on the airline’s latest global award. “Air New Zealand has been named the winner in the Global Tourism Business category at the 2013 Tourism for Tomorrow Awards. This reflects Air New Zealand’s strong commitment to sustainability and their contribution to our country’s 100% Pure brand,” says Mr Tremain. “This award shows that Air New Zealand is punching above its weight internationally and leading the way for sustainable air travel. ...

Exporters to benefit from shipping regulation changes

8 April 2013

Craig Foss | Commerce

Commerce Minister Craig Foss today announced that international shipping to and from New Zealand will be regulated under the Commerce Act, improving oversight and delivering competitive outcomes for exporting industries. Mr Foss says the changes agreed to by Cabinet will remove the 25-year-old sea shipping regulatory regime and bring the industry into line with general competition law. ...

Appointment to Takeovers Panel

3 April 2013

Craig Foss | Commerce

Commerce Minister Craig Foss has welcomed the appointment of Tina Symmans to the Takeovers Panel. Ms Symmans will be appointed for a period of five years. “Ms Symmans brings a wealth of expertise to the role. Her experience in capital markets and project management will be a real asset to the Panel. “I would like to also acknowledge the work of Keith Taylor who is leaving the Takeovers Panel after seven years,” says Mr Foss. ...

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