Agile regulators are addressing this bias and finding new ways to make it easier for innovative firms to engage with regulation. For example, New Zealand’s Better for Business programme has created an AI-powered chatbot to answer firms’ regulatory queries, lowering the cost of understanding the rules.
Their label debuted at New Zealand Fashion Week in 2015 and in 2016 received the prestigious Mercedes-Benz Presents accolade, which recognises "the best and buzziest fashion designers" in New Zealand and internationally. Trelise Cooper and Kate Sylvester have previously received the award.
Indeed, so relatively robust is the appearance of the New Zealand economy that in a normal environment some thoughts might now be turning potentially to the next OCR movement even being up. However...there's a very big however.
In Elite Streets, Homed looks at which streets are the most desirable New Zealand's biggest centres and asks why. The answers might not be what you thought.
Australia's Royal Commission into misconduct in the financial services industry has put the spotlight on some bank practices, and New Zealand regulators have responded by calling for this country's banks to prove they are clean.
Heartland Group Holdings lifted first-half net profit 20.4 per cent, although that was boosted by accounting changes and fair value gains and the underlying increase was closer to 7 per cent. The company, which operates Heartland Bank in New Zealand and a reverse mortgage business in Australia, also increased its first-half dividend to 4.5 cents per share from 3.5 cents last year.
Mercury Energy is set to poke the bear of gas-guzzling New Zealand as it continues to push its clean energy narrative.