Select Page

Business Payment Practices Regulations

Last updated: February 28, 2023

Back to all reports

Economy

Business Payment Practices Regulations

Stephen Summers

Published: February 28, 2023

Submitting To: Ministry of Business, Innovation and Employment (MBIE)

Issue for Business: Following on from BusinessNZ submission on the associated Bill for this regime late 2022, BusinessNZ also submitted on MBIE's Discussion Document that attempts to provide more details around how the regime will work, including possible measures that will be included for those that are required to comply. Overall, BusinessNZ submitted that compliance costs and the number of measures be kept to a minimum, as well as ongoing consultation with the business community to ensure a high quality regulatory outcome.

Action: Submitted on Discussion Document.

Outcome: Awaiting decisions by MBIE.

0 Comments

Submit a Comment

Reports in Economy

Consultation on a proposed increase to the Fire and Emergency transistional levy for 2024/25 and 2025/26

April 27, 2023 | Economy
Submitting to: Fire and Emergency New Zealand (FENZ)Author: John PaskDate: 2023-04-27Category: EconomyIssue for Business: Fire and Emergency New Zealand (FENZ) is proposing an increase of 12.8% in the transistional levy component across all levied insurance policies for the ...

Review into the Future for Local Government

February 24, 2023 | Economy
Submitting to: Local Government ReviewAuthor: John PaskDate: 2023-02-24Category: EconomyIssue for Business: The Review is looking at the future for local government, including roles and responsibilites, and future funding arrangements.Action: BusinessNZ has made a ...

Second Public Consultation on the five-year review of the Remit that guides monetary policy decisions

January 27, 2023 | Economy
Submitting to: Reserve Bank of New ZealandAuthor: John PaskDate: 2023-01-27Category: EconomyIssue for Business: The purpose is to get feedback on the Remit that guides decision-making by the Monetary Policy Committee (MPC) on monetary policy and Official Cash Rate (OCR) ...