Commerce Commission
'Biggest scammer out there' who promoted scheme to Māori and Pasifika communities during 2020 and 2021 ordered to pay record $5.9 million
26th Jun 24, 10:37am
3
'Biggest scammer out there' who promoted scheme to Māori and Pasifika communities during 2020 and 2021 ordered to pay record $5.9 million
Commerce & Consumer Affairs Minister tells Commerce Commission to take more aggressive legal action against suspected anti-competitive behavior, even if it ends up losing some court cases
22nd Jun 24, 9:46am
5
Commerce & Consumer Affairs Minister tells Commerce Commission to take more aggressive legal action against suspected anti-competitive behavior, even if it ends up losing some court cases
[updated]
Commerce Commission extends its decision due date for the Foodstuffs merger for the second time due to ‘unresolved issues’, will now release final decision in October
21st Jun 24, 10:47am
6
Commerce Commission extends its decision due date for the Foodstuffs merger for the second time due to ‘unresolved issues’, will now release final decision in October
Two Parliamentary select committees will conduct inquiry into banking competition, reviewing Commerce Commission's findings and scrutinizing rural lending
12th Jun 24, 2:30pm
20
Two Parliamentary select committees will conduct inquiry into banking competition, reviewing Commerce Commission's findings and scrutinizing rural lending
[updated]
Kiwibank accused of 'longstanding, systemic breaches of the Fair Trading Act' after identifying & reporting issues to Commerce Commission
11th Jun 24, 10:12am
14
Kiwibank accused of 'longstanding, systemic breaches of the Fair Trading Act' after identifying & reporting issues to Commerce Commission
Watch out for providers hiking prices to push consumers into service bundle deals, Juha Saarinen says
3rd Jun 24, 8:15am
9
Watch out for providers hiking prices to push consumers into service bundle deals, Juha Saarinen says
NZ Initiative complains about RBNZ Governor Adrian Orr’s ‘colourful’ letter to retail banks after think-tank's criticism
31st May 24, 6:12pm
30
NZ Initiative complains about RBNZ Governor Adrian Orr’s ‘colourful’ letter to retail banks after think-tank's criticism
Commerce Commission tentatively approves Transpower and local lines company revenue increases to cater for growth and replacing ageing assets
29th May 24, 11:33am
76
Commerce Commission tentatively approves Transpower and local lines company revenue increases to cater for growth and replacing ageing assets
RBNZ Governor Adrian Orr says technology is the answer to banking competition and not capital requirements
23rd May 24, 1:23pm
22
RBNZ Governor Adrian Orr says technology is the answer to banking competition and not capital requirements
Mortgage brokers probably earned about $400m in the March year, up 17% year-on-year, as they gain a significantly larger share of home loan transactions
15th May 24, 6:30am
24
Mortgage brokers probably earned about $400m in the March year, up 17% year-on-year, as they gain a significantly larger share of home loan transactions
CEO Antonia Watson says ANZ NZ sees open banking as an opportunity but it needs to pass 'the front page of the paper test'
8th May 24, 11:14am
CEO Antonia Watson says ANZ NZ sees open banking as an opportunity but it needs to pass 'the front page of the paper test'
[updated]
One NZ's regulatory clearance to buy Dense Air a win for the telco
CEO Dan Huggins says BNZ wants a 'robust' consumer data right regime standing behind open banking, which offers 'lots of things' beneficial to customers
4th May 24, 9:10am
1
CEO Dan Huggins says BNZ wants a 'robust' consumer data right regime standing behind open banking, which offers 'lots of things' beneficial to customers
Foodstuffs North Island and Foodstuffs South Island say proposed merger ‘isn’t capable’ of hindering grocery competition, others beg to differ
4th May 24, 9:01am
2
Foodstuffs North Island and Foodstuffs South Island say proposed merger ‘isn’t capable’ of hindering grocery competition, others beg to differ
Promoter of 'Lion's Share' crypto pyramid scheme Shelly Cullen convicted, with participants losing millions
24th Apr 24, 2:27pm
5
Promoter of 'Lion's Share' crypto pyramid scheme Shelly Cullen convicted, with participants losing millions
RBNZ says higher operating costs a bigger competition challenge for small banks than regulatory capital settings
24th Apr 24, 12:18pm
1
RBNZ says higher operating costs a bigger competition challenge for small banks than regulatory capital settings
RBNZ unleashes its inevitable push back after Commerce Commission recommended a rethink of banks' regulatory capital rules
23rd Apr 24, 9:58am
4
RBNZ unleashes its inevitable push back after Commerce Commission recommended a rethink of banks' regulatory capital rules
One NZ faces legal action by the Commerce Commission for allegedly breaching 111 obligations
16th Apr 24, 11:01am
2
One NZ faces legal action by the Commerce Commission for allegedly breaching 111 obligations
Gareth Vaughan takes a look at how the Commerce Commission's suggestion of strengthening Kiwibank to enable it to better compete with its Aussie owned rivals could be accomplished
8th Apr 24, 4:38pm
34
Gareth Vaughan takes a look at how the Commerce Commission's suggestion of strengthening Kiwibank to enable it to better compete with its Aussie owned rivals could be accomplished
The Government will automatically recognise overseas building products standards to allow a wider range of residential building materials to be used in New Zealand
4th Apr 24, 9:58am
115
The Government will automatically recognise overseas building products standards to allow a wider range of residential building materials to be used in New Zealand
Zoning, housing regulations, and Kāinga Ora are all in the spotlight in the Coalition Government's three month plan
3rd Apr 24, 6:37pm
68
Zoning, housing regulations, and Kāinga Ora are all in the spotlight in the Coalition Government's three month plan
New Zealand Commerce Commission's plea for lower bank capital to bolster bank competition – what could possibly go wrong?
3rd Apr 24, 10:11am
13
New Zealand Commerce Commission's plea for lower bank capital to bolster bank competition – what could possibly go wrong?
Gareth Vaughan on the RBNZ's competition reticence, landlordism & the housing crisis, Biden's crisis management blueprint, SWIFT & CBDCs, Germany's €23b green experiment
31st Mar 24, 6:00am
73
Gareth Vaughan on the RBNZ's competition reticence, landlordism & the housing crisis, Biden's crisis management blueprint, SWIFT & CBDCs, Germany's €23b green experiment
Commerce Commission wants more influence over interbank payments, potentially including regulation, to increase competition and efficiency
28th Mar 24, 5:00am
4
Commerce Commission wants more influence over interbank payments, potentially including regulation, to increase competition and efficiency
RBNZ releases finalised guidance for financial institutions on evaluating and mitigating climate-related risks, says they should understand the compounding effect climate-related risks may have on other business risks
27th Mar 24, 5:00am
5
RBNZ releases finalised guidance for financial institutions on evaluating and mitigating climate-related risks, says they should understand the compounding effect climate-related risks may have on other business risks