24 November, 2009
Minister in Australia to talk single economic market
Commerce and Justice Minister Simon Power is in Australia this week for talks with his Australian counterparts.
Read full release >>Commerce
Associated Ministers
- Simon Power - Minister
- Rodney Hide - Associate Minister
18 November, 2009
Legal protection for NZ settlement systems
Legislation providing legal backing for settlement systems - a key part of the infrastructure underpinning New Zealand's financial markets - was passed by Parliament last night.
Read full release >>5 November, 2009
Govt addressing concerns over financial advisers
Commerce Minister Simon Power acknowledged today that a mystery shopper exercise undertaken by Consumer NZ highlighted some serious deficiencies in the financial adviser industry.
Read full release >>30 October, 2009
Insolvency Amendment Bill passed
A bill that prevents fraudulent debts from being written off was passed by Parliament last night, Commerce Minister Simon Power said today.
Read full release >>23 October, 2009
Improved auditor regulation to be introduced
The Government is to introduce an improved auditor regulation which will apply to statutory audits in New Zealand, Commerce Minister Simon Power said today.
Read full release >>21 October, 2009
Proposed fees for financial sector
A discussion document on fees regulations for financial service providers and financial advisers was released for public consultation today by Commerce Minister Simon Power.
Read full release >>13 October, 2009
Government committed to single economic market
The Government's commitment to the ongoing development of the trans-Tasman single economic market (SEM) agenda was today outlined by Commerce Minister Simon Power.
Read full release >>13 October, 2009
Amendments to financial advisers regime
The Government is proposing technical amendments to the Financial Advisers Act 2008 and the Financial Service Providers Act 2008 in response to concerns from industry.
Read full release >>5 October, 2009
Towards a Single Economic Market
Speech to Trans-Tasman Business Circle Government Boardroom Series
Read full release >>1 October, 2009
Trade agreements key to removing import tariffs
Import tariffs will remain at their current levels until 2015 at the earliest, Trade Minister Tim Groser and Commerce Minister Simon Power announced today.
Read full release >>30 September, 2009
Financial reporting discussion paper released
A discussion document that substantially reviews the financial reporting obligations for many businesses has been released by Commerce Minister Simon Power today.
Read full release >>21 September, 2009
Commissioner for Financial Advisers, Securities Commission members announced
David Mayhew has been appointed the new Commissioner for Financial Advisers, and Simon Botherway and Mark Verbeist have been appointed as new members of the Securities Commission, Commerce Minister Simon Power said today.
Read full release >>2 September, 2009
Section 92A: summary of submissions released
Commerce Minister Simon Power today announced the release of a summary of submissions received in response to the Section 92A proposal document put out for public consultation in July.
Read full release >>1 September, 2009
Standards Council reappointments announced
Richard Westlake and Dr Sharon Kletchko have been reappointed to the Standards Council, Commerce Minister Simon Power announced today.
Read full release >>1 September, 2009
Kevin O'Connor reappointed to Takeovers Panel
Kevin O'Connor has been reappointed to the Takeovers Panel for a term of nine months, Commerce Minister Simon Power announced today.
Read full release >>26 August, 2009
New securities regulations will improve disclosure
The Cabinet has approved new securities regulations that will improve the quality of disclosure to investors, improve flexibility for issuers, and reduce compliance costs, Commerce Minister Simon said today.
Read full release >>26 August, 2009
Regime will improve quality of trustees’ supervision
The Government has agreed to a new regime for corporate trustees and statutory supervisors who supervise debt issuers and some collective investment schemes, Commerce Minister Simon Power announced today.
Read full release >>26 August, 2009
Government moves on finance company moratoria
The Government hopes to have regulations simplifying and clarifying disclosure obligations for finance company moratoria introduced by the end of the year.
Read full release >>17 August, 2009
Accounting Standards Review Board appointments
Michele Embling, Simon Carey, and Graeme Mitchell have been appointed to the Accounting Standards Review Board, Commerce Minister Simon Power announced today.
Read full release >>3 August, 2009
Progress report on Capital Markets welcomed
Commerce Minister Simon Power today welcomed the release of the Capital Market Development Taskforce's Progress Report.
Read full release >>24 July, 2009
Securities and Financial Advisers Amendment Bills passed
A bill that will make it easier for businesses to raise capital while ensuring prospective investors have all the appropriate information was passed by Parliament last night, Commerce Minister Simon Power said.
Read full release >>15 July, 2009
New enviro tool for businesses launched
A new web-based management tool to help businesses take the first steps towards understanding and improving their environmental and economic performance was launched today by Commerce Minister Simon Power.
Read full release >>14 July, 2009
Telecommunications Commissioner returns to job
Telecommunications Commissioner Dr Ross Patterson will return to his job on Monday 27 July after stepping down in September last year to deal with an alcohol-related health issue.
Read full release >>14 July, 2009
Section 92A proposal released for consultation
A proposal document for the review of section 92A of the Copyright Act 1994 and how to deal with repeat Internet copyright infringement has been released for public feedback by Commerce Minister Simon Power.
Read full release >>3 July, 2009
Frankel, Sumpter reappointed to Copyright Tribunal
Professor Susy Frankel and Paul Sumpter have been reappointed to the Copyright Tribunal for a further five years, Commerce Minister Simon Power announced today.
Read full release >>1 July, 2009
Disclosure regulations for financial advisers
A discussion document on disclosure regulations for financial advisers has been released for public comment, Commerce Minister Simon Power said today.
Read full release >>18 June, 2009
Commerce Commission appointments announced
Susan Begg and Patrick Duignan have been appointed to the Commerce Commission, Commerce Minister Simon Power and Associate Commerce Minister Rodney Hide announced today.
Read full release >>18 June, 2009
NZ joins Australian regulatory reform group
New Zealand has taken up the invitation of the Australian Government to join the Business Regulation and Competition Working Group (BRCWG), Commerce Minister Simon Power announced today.
Read full release >>12 June, 2009
Current franchising regulations adequate
A review of New Zealand’s franchising regulations has found that the system is robust and adequately meets the demands of the industry, Commerce Minister Simon Power said today.
Read full release >>11 June, 2009
Government to reform state sector procurement
Commerce Minister Simon Power today announced the Government’s proposed reform of state sector procurement practice and policies.
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