Fair Trading Act
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
'It has to hurt': Commerce Commission chairman John Small says fines for breaching consumer law are too weak
6th Sep 23, 7:55am
9
'It has to hurt': Commerce Commission chairman John Small says fines for breaching consumer law are too weak
'It's OK to complain': consumers urged to know their rights, and use them, after confidence drop
8th Jun 23, 7:39am
25
'It's OK to complain': consumers urged to know their rights, and use them, after confidence drop
[updated]
Mercury Energy fined for telling people to pay termination fee when it was not needed
25th May 23, 10:54am
Mercury Energy fined for telling people to pay termination fee when it was not needed
Anna Rawlings, chairperson of the Commerce Commission, to step down later this year - search for new chair to begin shortly
4th Feb 22, 11:48am
4
Anna Rawlings, chairperson of the Commerce Commission, to step down later this year - search for new chair to begin shortly
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
6
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
1
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
5
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
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
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
12
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
20
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
14
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
4
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
16
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
9
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
13
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
4
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
6
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
1
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
1
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
16
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
36
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
11
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
3
Westpac 3rd bank to settle in rural interest rate swaps case with 38 customers to get $2.47 mln compensation