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Commerce Commission

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
5
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
22
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
Laybuy co-founder Gary Rohloff says buy now pay later providers shouldn't be scared of future government regulation and oversight
10th May 19, 9:24am
2
Laybuy co-founder Gary Rohloff says buy now pay later providers shouldn't be scared of future government regulation and oversight
Finance broker alleges loan applications to 3rd tier lenders are being rejected because of payday loans, with finance company boss saying payday loans are often a sign someone has financial problems
13th Apr 19, 9:46am
8
Finance broker alleges loan applications to 3rd tier lenders are being rejected because of payday loans, with finance company boss saying payday loans are often a sign someone has financial problems
Home Funding Group faces Commerce Commission action for allegedly claiming it was offering a savings scheme when clients were instead paying for mortgage brokering and financial coaching
10th Apr 19, 11:44am
Home Funding Group faces Commerce Commission action for allegedly claiming it was offering a savings scheme when clients were instead paying for mortgage brokering and financial coaching
Anna Rawlings, a commissioner at the Commerce Commission since 2014, to succeed departing chairman Mark Berry
2nd Apr 19, 11:01am
Anna Rawlings, a commissioner at the Commerce Commission since 2014, to succeed departing chairman Mark Berry
KPMG warns banks of threats to their lucrative credit card business from rivals and regulators if they don't get on the front foot and assist struggling borrowers
14th Feb 19, 5:00am
7
KPMG warns banks of threats to their lucrative credit card business from rivals and regulators if they don't get on the front foot and assist struggling borrowers
Salvation Army’s State of the Nation report lumps debt and fringe lending in with alcohol consumption, drug taking and gambling in the social hazards section
13th Feb 19, 3:14pm
5
Salvation Army’s State of the Nation report lumps debt and fringe lending in with alcohol consumption, drug taking and gambling in the social hazards section
The emergence and growth of 'buy now, pay later' services has caught the eye of competitors and regulators. Stephen Forbes takes a look at the fast growing sector
1st Feb 19, 12:16pm
5
The emergence and growth of 'buy now, pay later' services has caught the eye of competitors and regulators. Stephen Forbes takes a look at the fast growing sector
Minister of Commerce and Consumer Affairs Kris Faafoi establishing new regulatory powers targeting new credit products
30th Jan 19, 5:00am
14
Minister of Commerce and Consumer Affairs Kris Faafoi establishing new regulatory powers targeting new credit products
Small businesses lacking bargaining power front of mind for Government as it consults on strengthening protections against unfair commercial practices
10th Dec 18, 1:25pm
7
Small businesses lacking bargaining power front of mind for Government as it consults on strengthening protections against unfair commercial practices
The Commerce Commission will have a year to do a market study on the retail fuel market; more industry probes to follow
3rd Dec 18, 4:00pm
53
The Commerce Commission will have a year to do a market study on the retail fuel market; more industry probes to follow
Review considers change to existing RBNZ sound & efficient financial system policy objective with competition, consumer protection & public confidence also in the mix
13th Nov 18, 5:00am
5
Review considers change to existing RBNZ sound & efficient financial system policy objective with competition, consumer protection & public confidence also in the mix
Gareth Vaughan argues credit cards should be the first target for our regulators if they're serious about making banks protect or enhance customer interests & outcomes
10th Nov 18, 10:02am
7
Gareth Vaughan argues credit cards should be the first target for our regulators if they're serious about making banks protect or enhance customer interests & outcomes
Government's suggestion of establishing a legal duty for banks to consider customers' long-term outcomes would be a shift to a fiduciary duty of care from buyer beware
7th Nov 18, 3:24pm
8
Government's suggestion of establishing a legal duty for banks to consider customers' long-term outcomes would be a shift to a fiduciary duty of care from buyer beware
Sale of Paymark for $190 mln by ANZ, ASB, BNZ and Westpac to France's Ingenico cleared by Commerce Commission
2nd Nov 18, 9:35am
Sale of Paymark for $190 mln by ANZ, ASB, BNZ and Westpac to France's Ingenico cleared by Commerce Commission
Benefits of making lenders disclose the effective cost of credit, by combining interest rates & fees, deemed not sufficient to warrant the costs and complexities, MBIE says
1st Nov 18, 2:25pm
17
Benefits of making lenders disclose the effective cost of credit, by combining interest rates & fees, deemed not sufficient to warrant the costs and complexities, MBIE says
Greens lobby Commerce Minister to get competition watchdog to probe supermarkets after petrol companies under soon-to-be-bolstered powers
11th Oct 18, 6:43pm
34
Greens lobby Commerce Minister to get competition watchdog to probe supermarkets after petrol companies under soon-to-be-bolstered powers
Loan shark crackdown includes interest & fee caps, fit & proper person test and tougher penalties, Commerce & Consumer Affairs Minister Kris Faafoi says
10th Oct 18, 10:10am
81
Loan shark crackdown includes interest & fee caps, fit & proper person test and tougher penalties, Commerce & Consumer Affairs Minister Kris Faafoi says
PM responds to outcry over high petrol prices by rushing through law change requiring petrol companies to come clean to the ComCom
8th Oct 18, 4:36pm
128
PM responds to outcry over high petrol prices by rushing through law change requiring petrol companies to come clean to the ComCom
Australian consumers are getting an inquiry into 'excessive' foreign currency conversion fees, so could their New Zealand counterparts also get one?
8th Oct 18, 12:17pm
21
Australian consumers are getting an inquiry into 'excessive' foreign currency conversion fees, so could their New Zealand counterparts also get one?
Auckland company fined $540,000 for claiming steel reinforcing mesh met earthquake standards when it didn't
17th Aug 18, 3:39pm
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Auckland company fined $540,000 for claiming steel reinforcing mesh met earthquake standards when it didn't