Commerce and Consumer Affairs Minister, Scott Simpson says a new agreement between Standards New Zealand and Standards Australia will mean improved products and opportunities for local businesses and households.
The two national standards bodies have signed a new Standards Development and Distribution Agreement and Statement of Operating Procedures.
Mr Simpson says the agreement reaffirms the commitment to trans-Tasman standards alignment.
“It ensures our standards system reflects modern science, technology, regulatory and business practice. It’s a win for New Zealand businesses, consumers, and our economy.”
In August last year, Prime Minister Luxon and Australian Prime Minister Anthony Albanese affirmed in their Australia-New Zealand Leaders’ meeting the importance of trans-Tasman standards and ongoing partnership.
“By aligning standards and adopting trusted international rules in areas like artificial intelligence, data management and cybersecurity, New Zealanders can have greater confidence that new technologies are being used safely and responsibly,” said Mr Simpson.
“Reducing fees and red tape will also free up businesses to invest in innovation and growth, supporting jobs, strengthening digital trade, and helping New Zealand businesses compete internationally – delivering long-term benefits for the wider economy.”
Mr Simpson commended Standards New Zealand and Standards Australia for their close cooperation and focus on economic growth.
“Harmonised standards with Australia are a priority for this Government. The standards relationship between Australia and New Zealand is internationally unique and highly-valued, having delivered significant economic benefits to both countries,” he said.
“The new agreement has support from industry stakeholders on both sides of the Tasman and lays the foundation for future joint trans-Tasman standards development with Australia.”
The Minister said the agreement will ensure:
- Shared standards to help businesses streamline operations, reduce costs, improve quality and meet regulatory requirements in both countries;
- Companies can focus on innovation, growth and global competitiveness;
- Adoption of international standards in areas such as artificial intelligence, data management, and cybersecurity gives businesses confidence to use new technologies;
- Removal of commissioning fees for New Zealand industry for joint Australian-New Zealand standards development;
- Support for digital trade and help New Zealand businesses remain competitive internationally;
- A stronger voice for New Zealand industry in the early scoping and prioritisation of joint standards work.
