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Jakubowicz Christopher W. Jones Justin W. Jones William J. Kaiser Jr. Larry Kane Margaret E. Keane Jan Keefer J. Richard Kiefer June N. Clay Larkin Charles J. Lavelle Scott Leisz Benjamin J. We don't want budding businesses to fail because of the high cost of compliance.
We don't want new products to be blocked from the market because they have to wait too long for approval. We want businesses to create jobs, boost the economy, and bring a higher quality of life to all New Zealanders. My job as a legislator is to create an environment that is fair and conducive to business - a level playing field for all. Your job is to take things from there.
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To build, run and grow your business from that sound base. We need to do all that whilst at the same time providing adequate protection for consumers. Without reliable and detailed information, consumers make decisions in a vacuum. Our markets work efficiently when consumers can trust the information that they are given. That's why we have the Fair Trading Act and Consumer Guarantees Act to assure consumers that any product they look to purchase has the qualities that it states and be fit for purpose. My aim as Minister of Consumer Affairs is to ensure consumers have easy access to quality information.
That way they are well placed to make their own decisions. I also want them to have access to resolutions if there are problems.
This creates an environment in which consumers get what they expect when purchasing goods and services. Problems should have a straight-forward system for getting dealt with effectively and efficiently. I test any proposed or existing legislation or regulation by asking: "Does the economic benefit outweigh the compliance cost? I am working towards simplifying consumer law in New Zealand. I have called this project 'One Law, One Door'. The over-arching purpose of the 'One Law' for the Consumer Legislation Review is to simplify and rationalise consumer legislation to provide for freedom of choice and minimal Government intervention in the market.
While this will probably not result in simplifying down to one single piece of legislation, there is definitely potential to bring a number of laws together under one Act. Like the Privacy Act, this Act should be principles-based rather than a prescriptive 'paint by numbers' approach that can limit flexibility and innovation - and the juice and beverage industry is very innovative! The 'One Door' concept is to make it easier for consumers to find a resolution to their problem.
There are currently many places that aim to solve consumer problems - with a lot of these being product specific. It is not reasonable for consumers to be able to expect to easily navigate and find the right agency for their issue. I want to make it simpler for consumers to find where to take their problem and get it resolved. I am currently looking at the different options available and will be consulting with industry when making a decision on how to move forward with this initiative.
Conclusion While we all know that there are challenges ahead for all of us - especially in this current economic environment - I hope you take with you the assurance that I strongly intend to support a fair marketplace that respects consumer's choices; one that is unhindered by compliance costs and that operates effectively without unnecessary intervention by Government.
Thank you for your invitation to speak today, and I wish you well for the rest of your conference. Menu Close. Home Speeches. Share this.
Twitter Facebook Linkedin Email. It is pleasing that your industry prides itself on the importance of self-regulation and I note that your association's aim is to be: "New Zealand's leading self-regulating industry association, enabling the sustainable growth of the non-alcoholic cold beverage industry. Compliance Programmes That's why it's a good idea to have a Compliance Programme, an in-house checking system designed to ensure that businesses and their staff comply with the Fair Trading Act.
I will be seeking input into this process as we move forward with this review.
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