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Commerce Commission

Commerce Commission says telecoms retail sector providers generated highest number of complaints, while there were also considerable numbers of complaints about online ticket selling
21st Nov 19, 10:46am
by admin
Commerce Commission says telecoms retail sector providers generated highest number of complaints, while there were also considerable numbers of complaints about online ticket selling
Changes to the Commerce Act to address anti-competitive behaviour could be one step closer as MBIE prepares policy advice for the Government
28th Oct 19, 9:08am
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Changes to the Commerce Act to address anti-competitive behaviour could be one step closer as MBIE prepares policy advice for the Government
The Commerce Commission announces its latest draft determination on the $50 million annual telco levy
24th Oct 19, 10:34am
The Commerce Commission announces its latest draft determination on the $50 million annual telco levy
Insurance company IAG's plans to open a trial vehicle repair facility in South Auckland creates concerns about potential anti-competitive behaviour
8th Oct 19, 10:52am
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Insurance company IAG's plans to open a trial vehicle repair facility in South Auckland creates concerns about potential anti-competitive behaviour
Competitors and regulators weigh in on Harmoney founder Neil Roberts' view that there's no viable peer-to-peer lending model in New Zealand under existing laws
27th Sep 19, 5:00am
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Competitors and regulators weigh in on Harmoney founder Neil Roberts' view that there's no viable peer-to-peer lending model in New Zealand under existing laws
Government's proposed conduct licensing regime for financial service providers features a high-level fair treatment standard across all retail customer related parts of their business
26th Sep 19, 9:38am
Government's proposed conduct licensing regime for financial service providers features a high-level fair treatment standard across all retail customer related parts of their business
Harmoney's Neil Roberts says the P2P lender, which launched in September 2014, has been 'slowly operating a pivot and moving to lending our own money' since 2015
26th Sep 19, 5:00am
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Harmoney's Neil Roberts says the P2P lender, which launched in September 2014, has been 'slowly operating a pivot and moving to lending our own money' since 2015
'Super investor' Ron Hoy Fong's property mentoring company Ronovation ordered to pay $400,000 for breaching the Commerce Act
18th Sep 19, 4:20pm
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'Super investor' Ron Hoy Fong's property mentoring company Ronovation ordered to pay $400,000 for breaching the Commerce Act
Commerce Commission takes ANZ subsidiary UDC Finance to court over allegations of charging unreasonable fees. UDC says its fees fairly and reasonably recover its underlying costs
6th Sep 19, 10:05am
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Commerce Commission takes ANZ subsidiary UDC Finance to court over allegations of charging unreasonable fees. UDC says its fees fairly and reasonably recover its underlying costs
David Chaston calls out the PM for a populist outburst that isn't backed up by the facts at the petrol pump. The largest cost component of fuel is tax now taking almost half the discounted price paid
20th Aug 19, 2:40pm
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David Chaston calls out the PM for a populist outburst that isn't backed up by the facts at the petrol pump. The largest cost component of fuel is tax now taking almost half the discounted price paid
Commerce Commission finds lack of active wholesale fuel market is stifling competition and costing consumers more than it should at the pump
20th Aug 19, 9:19am
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Commerce Commission finds lack of active wholesale fuel market is stifling competition and costing consumers more than it should at the pump
The Commerce Commission starts legal action against loans company Pretty Penny for alleged breaches of the CCCFA
12th Aug 19, 1:43pm
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The Commerce Commission starts legal action against loans company Pretty Penny for alleged breaches of the CCCFA
Westpac NZ refunding about 93,000 customers overcharged about $7 million after self-reporting the issues to the Financial Markets Authority and the Commerce Commission
6th Aug 19, 11:04am
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Westpac NZ refunding about 93,000 customers overcharged about $7 million after self-reporting the issues to the Financial Markets Authority and the Commerce Commission
New Commerce Commission chairwoman Anna Rawlings says online retail, motor vehicle financing & educating traders about conduct that may contravene cartel laws among areas of focus for the consumer watchdog
25th Jul 19, 5:19pm
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New Commerce Commission chairwoman Anna Rawlings says online retail, motor vehicle financing & educating traders about conduct that may contravene cartel laws among areas of focus for the consumer watchdog
Aotea Finance will pay thousands of customers after a settlement with the Commerce Commission due to credit contracts not including all the key information required under the Credit Contracts and Consumer Finance Act 2003
17th Jul 19, 11:35am
Aotea Finance will pay thousands of customers after a settlement with the Commerce Commission due to credit contracts not including all the key information required under the Credit Contracts and Consumer Finance Act 2003
Commerce Commission alleges that Westpac breached the Credit Contracts and Consumer Finance Act by failing to provide key information it’s required to under the law to thousands of its credit card customers
11th Jul 19, 2:41pm
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Commerce Commission alleges that Westpac breached the Credit Contracts and Consumer Finance Act by failing to provide key information it’s required to under the law to thousands of its credit card customers
The Commerce Commission alleges Ronovationz engaged in cartel conduct by preventing its members from competing for the same properties
8th Jul 19, 3:13pm
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The Commerce Commission alleges Ronovationz engaged in cartel conduct by preventing its members from competing for the same properties
Commerce Commission takes legal action against payday lender Moola for alleged breaches of the CCCFA, seeks injunction to prevent new lending. Moola to defend the claim 
8th Jul 19, 12:43pm
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Commerce Commission takes legal action against payday lender Moola for alleged breaches of the CCCFA, seeks injunction to prevent new lending. Moola to defend the claim 
Commerce Commission takes legal action against Wellington-based Real Finance over unreasonable fees and charges
2nd Jul 19, 10:25am
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Commerce Commission takes legal action against Wellington-based Real Finance over unreasonable fees and charges
Commerce Commission says harsher penalties will provide unscrupulous lenders with an incentive to comply with the Credit Contracts and Consumer Finance Act
25th Jun 19, 5:00am
Commerce Commission says harsher penalties will provide unscrupulous lenders with an incentive to comply with the Credit Contracts and Consumer Finance Act
Afterpay falling foul of AUSTRAC highlights the regulatory challenges facing newcomers to the financial services sector, Gareth Vaughan says
14th Jun 19, 4:46pm
Afterpay falling foul of AUSTRAC highlights the regulatory challenges facing newcomers to the financial services sector, Gareth Vaughan says
Would insurers be this risk-adverse had the country's competition watchdog prevented the market from becoming so concentrated? The just-exited ComCom Chairman believes they would
8th Jun 19, 9:31am
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Would insurers be this risk-adverse had the country's competition watchdog prevented the market from becoming so concentrated? The just-exited ComCom Chairman believes they would
BNZ compliance with Credit Contracts and Consumer Finance Act disclosure requirements under the spotlight after the bank self-reported to the consumer watchdog
28th May 19, 9:28am
BNZ compliance with Credit Contracts and Consumer Finance Act disclosure requirements under the spotlight after the bank self-reported to the consumer watchdog
First it was the retail fuel market, now the outgoing Commerce Commission Chairman is suggesting the competition watchdog's next probe should be into the construction sector
26th May 19, 12:14am
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First it was the retail fuel market, now the outgoing Commerce Commission Chairman is suggesting the competition watchdog's next probe should be into the construction sector
Commerce Commission's court case against payday lender Ferratum scheduled for next year
23rd May 19, 10:19am
Commerce Commission's court case against payday lender Ferratum scheduled for next year