New Zealand is aligning its toy safety standards with Australia. 

The Ministry for Regulation says the change will save a net $6.8 million dollars over the next decade, by reducing the need to retest products already compliant with US and EU standards.

Planet Fun CEO Jeremy Kirksmith has welcomed this decision and says it's about time these change were made. 

"We import about 1500 different toys a year - different skews, as we call it, and we have to have separate testing for every single skew, because so many of our standards are so different to everywhere else on the planet."

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