Regulatory Standards Bill champion defends its principles

Right to compensation is “crucial” and should be in NZ law “somewhere”, says the NZ Initiative’s Bryce Wilkinson. (Image: Supplied)

Pattrick Smellie

Tue, 28 Jan 2025

Claims that the proposed Regulatory Standards Bill fails to prioritise outcomes where benefits outweigh costs are simply wrong, says one of the architects of the proposal, the New Zealand Initiative’s Bryce Wilkinson.An advocate since 2001 of a bill governing regulation setting that would roughly mirror the effect of the Fiscal Responsibility Act, the former NZ Business Roundtable economist said public debate about the bill was widely misconstrued.“The central idea is that Parliament should do a better job of justifying laws by comp...

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