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'Stifling effect': Consumer Affairs Minister on calls to raise the fundraising cap for businesses

Author
Newstalk ZB,
Publish Date
Mon, 16 Mar 2026, 10:12am
Photo / Edward Swift
Photo / Edward Swift

'Stifling effect': Consumer Affairs Minister on calls to raise the fundraising cap for businesses

Author
Newstalk ZB,
Publish Date
Mon, 16 Mar 2026, 10:12am

Businesses are calling for an increase to the $2m fundraising cap, which has not changed since 2013, to be able to better compete on a global scale. 

The United Kingdom and Australia have a cap of $10m. 

Consumer Affairs Minister Scott Simpson told Mike Hosking the requests for a cap are a 'good and fair question', and changes will be considered this week. 

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