Policy

End of the line for NZ tobacco companies?

Oliver Lewis
Thu, 27 Jan 2022

End of the line for NZ tobacco companies?
Tobacco companies operating in New Zealand will have to rethink their market strategy under forthcoming regulations. (Image: Deposit Photos).
Oliver Lewis
Thu, 27 Jan 2022
Some tobacco companies may end up exiting the New Zealand market when proposed new regulations take effect, an academic says.The government released its Smokefree Aotearoa 2025 Action Plan in December, outlining steps to curb smoking to less than 5% for all population groups.A policy for a ‘smokefree generation’ banning retailers from selling tobacco products to people born after a certain date had the most public attention.But another proposal forcing tobacco companies to sell only very low nicotine cigarettes may have a greater sh...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Markets market close
Positive earnings lift NZ sharemarket
Dan Brunskill | Fri, 20 May 2022

The NZ market was one of the few climbing markets as investors in other parts of the world worried about the risk of a global recession.

Law & Regulation
Unlawful collection of Companies Office fees fixed under urgency
Ian Llewellyn | Fri, 20 May 2022

The Companies Office's administration of fees may have saved costs, but the problem is it was against the law.

Markets FREE
Brian Gaynor: legacy of a towering financial figure
Brenda Ward | Fri, 20 May 2022

At his funeral in Auckland, family, friends and colleagues of Brian Gaynor recalled a passionate man who had the confidence and courage to back his sometimes controversial opinions.

Partner content
What’s driving the ram raids, and what shop owners can do

Scott La Franchie explains the motivations behind the spate of burglaries.

Partner content
Grow your business by taking time to plan

Getting business fundamentals right gives the best chance at beating the unplannable.