Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


New Toolkit aids better regulation in New Zealand

Media Release
New Zealand Law Foundation
4 July 2013

Embargoed until 6.30 pm 4 July 2013

New Toolkit aids better regulation in New Zealand

An important new weapon in the ongoing battle to achieve effective regulation in New Zealand was launched in Wellington tonight.

The New Zealand Law Foundation Regulatory Reform Toolkit provides anyone interested in quality regulation with easily accessible, free online tools to help analyse regulatory problems, along with user-friendly access to detailed research about regulation.

The toolkit, formally launched by Finance Minister Hon Bill English, is the final output of a three year, $1.85 million study of the challenges around regulation in New Zealand.

The multi-disciplinary study team was led by Professor Susy Frankel of Victoria University Law Faculty, and included experts from the New Zealand Institute of Economic Research and law firm Chapman Tripp.

Law Foundation Chair Dr Andrew Butler says the Foundation launched the project in 2010 because the subject was so important, yet under-researched in New Zealand.

“Regulation affects the cost and quality of most of the goods and services we use every day,” he says. “The cost of regulatory failure can be spectacular – the leaky buildings debacle is just one example of that.”

“As an open, globally connected and trade-dependent society, New Zealanders expect first-world regulatory standards, yet our small size can make it difficult to sustain complex regulatory mechanisms used in other developed economies.”

“This toolkit helps overcome that by drawing together the best available experience from here and overseas on the regulatory issues that confront us.”

“The Regulatory Reform Project has been supported by Government ministers, and the project team has worked with officials from Treasury and other agencies throughout, because of the important contribution it makes to the regulatory reform agenda.”

Dr Butler says that as New Zealand’s only truly independent funder of legal research, the Law Foundation is the only funding body that can support major, multi-year research projects like this.

“Our projects are not connected to political or commercial agendas, but can deliver real value for New Zealanders,” he says.

“Before this, we initiated the $3 million Human Genome Research Project at Otago University, a three year study of the complex and challenging legal issues around the rapidly-evolving field of genetic research, and we have supported cutting-edge research on criminal justice and family proceedings.” Dr Butler says.

The Regulatory Reform Toolkit can be found at www.regulatorytoolkit.ac.nz.

END

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Housing Policy: Auckland Densification As Popular As Ebola, English Says

Finance Minister Bill English said calls by the Reserve Bank Governor for more densification in Auckland’s housing were “about as popular in parts of Auckland as Ebola” would be. More>>

ALSO:

Crown Accounts: NZ Government Deficit Smaller Than Expected In First Half

The New Zealand government's operating deficit was smaller than expected in the first six months of the financial year, as the consumption and corporate tax take rose ahead of forecast in December, having lagged estimates in previous months. More>>

ALSO:

Fruit & Veg Crackdown: Auckland Fruit Fly Find Under Investigation

The Ministry for Primary Industries (MPI) is investigating a find of a single male Queensland fruit fly in a surveillance trap in the Auckland suburb of Grey Lynn... MPI has placed legal controls on the movement of fruit and some vegetables outside of a defined circular area which extends 1.5km from where the fly was trapped in Grey Lynn. More>>

ALSO:

Scoop Business: Westpac NZ Reaches $2.97M Swaps Settlement

Westpac Banking Corp’s New Zealand unit has agreed to pay $2.97 million in a settlement with the Commerce Commission over the way the bank sold interest rate swaps to farmers between 2005 and 2012. More>>

ALSO:

Going Dutch: Fonterra Kicks Off $144M Partnership With Dutch Cheese Maker

Fonterra Co-operative Group, the world’s largest dairy exporter, has commissioned a new dairy ingredients plant in Heerenveen, in the north of the Netherlands, its first wholly-owned and operated ingredients plant in Europe. More>>

ALSO:

Scoop Business: NZ Retail Sales Beat Estimates

New Zealand retail sales rose more than expected in the fourth quarter, led by vehicle-related transactions, food and beverages, adding to evidence that cheap credit and a growing jobs market are encouraging consumers to spend. More>>

ALSO:

Delivery Cuts Go Ahead: 'Government Money Grab' From NZ Post

"It's a money grab by the Government as the shareholder of New Zealand Post" says Postal Workers Union advocate Graeme Clarke about the changes announced by NZ Post. More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news