Latest news with #BusinessNZ
Scoop
3 days ago
- Business
- Scoop
National Direction In Support Of Growth
Press Release – BusinessNZ BusinessNZ supports the intention of transitioning these changes into a new RMA framework based on clearer property rights and long-term certainty to encourage investment and growth. BusinessNZ welcomes the Government's proposed consultation on national direction under the Resource Management Act, as a step towards a better planning system. BusinessNZ Chief Executive Katherine Rich says the proposed updates in direction on infrastructure, renewable energy, housing, mining, and primary sector development, recognise New Zealand's need both to grow the economy and protect the environment. 'This is the most comprehensive overhaul of national direction we've seen, and it reflects many of the changes BusinessNZ has advocated for. We're encouraged by moves to simplify consenting for energy, housing and farming, and to replace overly complex freshwater rules that have frustrated producers without delivering better environmental outcomes,' Mrs Rich said. BusinessNZ supports the intention of transitioning these changes into a new RMA framework based on clearer property rights and long-term certainty to encourage investment and growth. 'We look forward to engaging constructively during consultation to help ensure the final package delivers on its promise to reduce red tape, restore balance, and support economic recovery,' Katherine Rich said.
Scoop
3 days ago
- Business
- Scoop
National Direction In Support Of Growth
BusinessNZ welcomes the Government's proposed consultation on national direction under the Resource Management Act, as a step towards a better planning system. BusinessNZ Chief Executive Katherine Rich says the proposed updates in direction on infrastructure, renewable energy, housing, mining, and primary sector development, recognise New Zealand's need both to grow the economy and protect the environment. "This is the most comprehensive overhaul of national direction we've seen, and it reflects many of the changes BusinessNZ has advocated for. We're encouraged by moves to simplify consenting for energy, housing and farming, and to replace overly complex freshwater rules that have frustrated producers without delivering better environmental outcomes," Mrs Rich said. BusinessNZ supports the intention of transitioning these changes into a new RMA framework based on clearer property rights and long-term certainty to encourage investment and growth. "We look forward to engaging constructively during consultation to help ensure the final package delivers on its promise to reduce red tape, restore balance, and support economic recovery," Katherine Rich said.
Scoop
4 days ago
- Business
- Scoop
BusinessNZ Welcomes Regulatory Trim
BusinessNZ welcomes today's announcement by Minister for Regulation Hon David Seymour that Cabinet has approved the revocation of the outdated Health (Hairdressers) Regulations 1980. Small business owners in the hairdressing and barbering sector will no longer have to operate under unnecessary regulations, including mandatory chair spacing and regulated lighting levels, with dogs banned from salons and restrictions on refreshments served. With the hairdressing regulations revoked, local authorities will no longer be required to monitor the industry. The industry will still be required to meet health and safety regulations, with any risks managed under general legislation applying to all businesses. This slashing of regulations follows BusinessNZ's October 2024 report Reducing Compliance Burden on New Zealand Businesses, which outlined red tape burdens in a number of sectors including hairdressing and barbering. BusinessNZ Chief Executive Katherine Rich says the outcome for the hairdressing sector bodes well for the Ministry for Regulation's ongoing work reducing unnecessary and restrictive red tape. "BusinessNZ applauds the methodical and evidence-based approach the Ministry for Regulation has taken in this review. It's a model for how to tidy up the rules across other sectors. The engagement with businesses, councils and industry bodies was thorough, and the end result is a commonsense solution that still protects public health while removing duplicative and inconsistent regulation," Mrs Rich said. The Ministry for Regulation's next review will be of the telecommunications sector.
National Business Review
6 days ago
- Business
- National Business Review
Differing views on the Budget and its impact on productivity
BusinessNZ economist John Pask describes the Coalition Government's Investment Boost policy as a circuit breaker, but economist Ganesh Nana does not believe it will bring about a step change in productivity. Legislation enabling businesses to immediately deduct 20% of the cost of new machinery,
RNZ News
22-05-2025
- Business
- RNZ News
Morning Report Essentials for Friday 23 May 2025
economy politics 20 minutes ago In today's episode, the Finance Minister, Nicola Willis, has described the Budget as responsible, and what governments do to avoid austerity, Labour's Finance spokesperson says the government's changes to KiwiSaver will take money away from New Zealand's poorest workers, as part of the 2025 budget, the government will halve its yearly contributions, while minimum contributions for employers will lift to four percent in 2028, BusinessNZ is welcoming the new budget, saying it's credible and growth-oriented, and we cross the Tasman to get the latest from Kerry-Anne Walsh.
