Employment Law

What the 2023 NZ election outcome means for small and medium businesses

Published

16 Oct 2023

What the 2023 NZ election outcome means for small and medium businesses

Published

Oct 16, 2023

New Zealand’s general election on Saturday 14 October 2023 saw a significant transition of political power. After six years of a Labour-led government, National took the win with 39% of the party vote. While the negotiations are still to be conducted, it’s expected that they will form a coalition with the ACT party and, potentially, New Zealand First. This is a big change for New Zealand and one that is sure to have an impact on businesses across the country. We’ve created a factsheet that summarises everything you need to know. The factsheet covers:

What the current business landscape looks like
What have National and ACT promised for businesses?
What will happen to the legislation that is still in the works

For more employment law updates, check out our quarterly factsheet.

Disclaimer: The information in this factsheet is relevant as at 16 October 2023, and has been prepared by Employment Hero Pty Ltd ABN (11 160 047 709) (Employment Hero). The views expressed herein are general information only and are provided in good faith to assist employers and their employees. The Information is based on data supplied by third parties. While such data is believed to be accurate, it has not been independently verified and no warranties are given that it is complete, accurate, up to date or fit for the purpose for which it is required. Employment Hero does not accept responsibility for any inaccuracy in such data and is not liable for any loss or damages arising either directly or indirectly as a result of reliance on, use of or inability to use any information provided in this factsheet.