Latest News
| Building Amendment Bill seeks to introduce mandatory home warranties, proportionate liability and PI insurance requirements The Building Amendment Bill passed its first reading in Parliament on 30 June 2026, proposing significant reforms to New Zealand's building liability and consumer protection framework. The Bill amends the Building Act 2004 to shift from joint and several liability to proportionate liability for defective building work. Read more |
| IBANZ wants public register of properties affected by Section 72 notices The Insurance Brokers Association of New Zealand (IBANZ) is advocating for a centralised register of properties impacted by Section 72 notices to increase awareness, transparency and access to information. Read more |
| Insurance brokers welcome FENZ levy rethink 95% of FENZ income is currently collected from levies on property insurance, yet FENZ performs a range of non-fire related functions such as responding to medical emergencies, maritime incidents, severe weather events and disasters. In the nine months to March 2026, only 59% of incidents FENZ responded to were fire related. Read more |
| Budget 2026: Key points for IBANZ insurance brokers Today, the Government unveiled Budget 2026. The Government's overarching goals include delivering core public services, maintaining tight control of discretionary spending, improving long-term productivity and building a sustainable pipeline of infrastructure projects. This update focuses on the Budget announcements most relevant to IBANZ members and their clients. Read more |