Productivity Commission to focus regulatory regime review on where markets have failed

Productivity Commission to focus regulatory regime review on where markets have failed
By Paul McBeth Aug. 28 (BusinessDesk) - The Productivity Commission has released an issues paper outlining a raft of questions it wants answers to as it probes the country’s regulatory regime, and will have a keen eye on regulation where markets have failed. The commission has been tasked with looking across New Zealand’s various regulatory regimes with a view to come up with ways to better design and implement future iterations. The body will look at how regulations are intended to operate and how that’s translated into practice, it said in...