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Fair Trading Act

Government details more of its retail payments regulation plans including formal designation under law for Visa & Mastercard's networks, and regulating surcharging
10th Sep 21, 8:15am
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Government details more of its retail payments regulation plans including formal designation under law for Visa & Mastercard's networks, and regulating surcharging
Minister for Small Business Stuart Nash 'prepared to legislate if necessary' to speed up late payments from large organisations to smaller suppliers
26th Feb 20, 10:11am
by admin
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Minister for Small Business Stuart Nash 'prepared to legislate if necessary' to speed up late payments from large organisations to smaller suppliers
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
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
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
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
Budget Loans fined $720,000 for 'cynical and deliberate' breaches of the Fair Trading Act - banning orders sought for its directors Allan and Wayne Hawkins
30th May 18, 5:14pm
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Budget Loans fined $720,000 for 'cynical and deliberate' breaches of the Fair Trading Act - banning orders sought for its directors Allan and Wayne Hawkins
Youi NZ reduces its loss by 41% as its premium income growth exceeds its claims expense growth; Says it's focused on 'continuous improvement'
4th Oct 17, 1:16pm
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Youi NZ reduces its loss by 41% as its premium income growth exceeds its claims expense growth; Says it's focused on 'continuous improvement'
Youi's boss to take up new role as CEO of OUTsurance - a South African insurer with the same parent as Youi
24th Feb 17, 10:07am
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Youi's boss to take up new role as CEO of OUTsurance - a South African insurer with the same parent as Youi
Freelance journalist Diana Clement welcomes the outcome of the Commerce Commission's probe into Youi that lent heavily on her work, but isn't convinced the company has mended its ways
16th Dec 16, 12:44pm
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Freelance journalist Diana Clement welcomes the outcome of the Commerce Commission's probe into Youi that lent heavily on her work, but isn't convinced the company has mended its ways
Insurer Youi cops $320,000 fine for widespread Fair Trading Act breaches; Side-steps fine of up to $9 million
15th Dec 16, 3:37pm
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Insurer Youi cops $320,000 fine for widespread Fair Trading Act breaches; Side-steps fine of up to $9 million
Insurance Council dishes out largest ever penalty to Youi for using misleading sales tactics, ahead of it being sentenced for breaching the Fair Trading Act
4th Oct 16, 10:00am
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Insurance Council dishes out largest ever penalty to Youi for using misleading sales tactics, ahead of it being sentenced for breaching the Fair Trading Act
Commerce Commission attempts to establish how the Consumer Finance Act 2003 applies to peer-to-peer lender's 'platform fee'; Harmoney 'disappointed' with action
29th Aug 16, 10:25am
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Commerce Commission attempts to establish how the Consumer Finance Act 2003 applies to peer-to-peer lender's 'platform fee'; Harmoney 'disappointed' with action
Youi may be ditched or fined by the Insurance Council, as it's expected to plead guilty to 15 Fair Trading Act charges
12th Aug 16, 1:50pm
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Youi may be ditched or fined by the Insurance Council, as it's expected to plead guilty to 15 Fair Trading Act charges
Insurer Youi pleading guilty to 15 charges relating to misleading sales techniques, Commerce Commission says; Youi 'unreservedly apologises' to all affected customers
11th Aug 16, 10:08am
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Insurer Youi pleading guilty to 15 charges relating to misleading sales techniques, Commerce Commission says; Youi 'unreservedly apologises' to all affected customers
Peer-to-peer lender Harmoney facing significant fine in Fair Trading Act case, with news also close on a fees dispute with the Commerce Commission
5th Aug 16, 10:00am
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Peer-to-peer lender Harmoney facing significant fine in Fair Trading Act case, with news also close on a fees dispute with the Commerce Commission
Commerce Commission says P2P lender Harmoney pleading guilty to misleading consumers into believing they had been pre-approved for a personal loan
1st Aug 16, 9:41am
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Commerce Commission says P2P lender Harmoney pleading guilty to misleading consumers into believing they had been pre-approved for a personal loan
In a major investigation Diana Clement talks to Youi customers & ex-employees about the insurer and uncovers startling allegations of serious misconduct
22nd Mar 16, 11:23am
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In a major investigation Diana Clement talks to Youi customers & ex-employees about the insurer and uncovers startling allegations of serious misconduct
Landmark High Court trial pits last bank standing Kiwibank against E-Trans in battle over rights of money remitters & banks' anti-money laundering responsibilities
15th Feb 16, 11:31am
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Landmark High Court trial pits last bank standing Kiwibank against E-Trans in battle over rights of money remitters & banks' anti-money laundering responsibilities
Westpac 3rd bank to settle in rural interest rate swaps case with 38 customers to get $2.47 mln compensation
17th Feb 15, 10:09am
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Westpac 3rd bank to settle in rural interest rate swaps case with 38 customers to get $2.47 mln compensation
Taking out a loan not a decision taken lightly, so unlikely the public will confuse 'Co-operative Bank' with 'Co-op Money', judge says
7th Nov 14, 4:00pm
Taking out a loan not a decision taken lightly, so unlikely the public will confuse 'Co-operative Bank' with 'Co-op Money', judge says
Commerce Commission defers action against ANZ, ASB and Westpac
2nd Apr 14, 4:30pm
Commerce Commission defers action against ANZ, ASB and Westpac
ANZ getting A$85 mln from insurers in ING frozen funds settlement
24th Feb 14, 2:43pm
ANZ getting A$85 mln from insurers in ING frozen funds settlement
Commerce Commission suing ANZ, ASB and Westpac for 'misrepresenting' interest rate swap contracts
17th Dec 13, 9:29am
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Commerce Commission suing ANZ, ASB and Westpac for 'misrepresenting' interest rate swap contracts
Commerce Commission's preliminary view is businesses stinging customers with credit card surcharges aren't breaking the law, MasterCard says
16th Aug 13, 5:06pm
Commerce Commission's preliminary view is businesses stinging customers with credit card surcharges aren't breaking the law, MasterCard says