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Supermarkets announced as Government’s second market study

The Government has today launched a market study to ensure New Zealanders are paying a fair price for groceries.

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Government extends business debt relief to October 2021

To assist with the ongoing economic recovery from COVID-19, rules allowing affected businesses to put their debt on hold have been extended by 10 months.

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New rules to protect Kiwis from unaffordable loans

The Government is making sure all consumers who borrow money get the same protections, regardless of where they get their loans.

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Lower card fees to benefit Kiwis and small businesses

The Government is moving ahead with plans to regulate the bank payment system to make merchant service fees on debit and credit card fees fairer and less of a burden for Kiwis and businesses.

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Government announces list of life-shortening conditions guaranteeing early...

“The Government has today announced the list of life-shortening congenital conditions that will guarantee early withdrawal under a new KiwiSaver category created last year,” Commerce and Consumer...

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Over $300m returned to COVID-hit travellers

The Government’s Consumer Travel Reimbursement Scheme has helped return over $352 million of refunds and credits to New Zealanders who had overseas travel cancelled due to COVID-19, Consumer Affairs...

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New financial advice rules will put consumers first

Consumers seeking financial advice can be assured that their interests will be put first under a new financial advice regulatory regime that comes into effect this week, Commerce and Consumer Affairs...

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NZ becomes first in world for climate reporting

Commerce and Consumer Affairs Minister David Clark says Aotearoa New Zealand has become the first country in the world to introduce a law that requires the financial sector to disclose the impacts of...

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Govt to deliver lower card fees to business

Commerce and Consumer Affairs Minister David Clark has today announced the Government’s next steps to reduce merchant service fees, that banks charge businesses when customers use a credit or debit...

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Govt to deliver lower card fees to business

Commerce and Consumer Affairs Minister David Clark has today announced the Government’s next steps to reduce merchant service fees, that banks charge businesses when customers use a credit or debit...

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KiwiSaver default provider scheme improvements slash fees, boosts savings

Hundreds of thousands of New Zealanders will be significantly better off in retirement following changes to the default KiwiSaver scheme, Finance Minister Grant Robertson and Commerce and Consumer...

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New stock exchange to help grow small businesses

A new share trading market, designed as a gateway to the NZX for small-to-medium-sized enterprises (SMEs), has been granted a licence by the Government.

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APEC structural reform meeting a success

APEC ministers have agreed working together will be crucial to ensure economies recover from the impact of COVID-19.

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Govt agrees to establish a consumer data right

The Government has agreed to establish a consumer data right framework for New Zealand, Commerce and Consumer Affairs Minister David Clark announced today.

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Deborah Hart appointed inaugural Chair of the Consumer Advocacy Council

Commerce and Consumer Affairs Minister, Dr David Clark, has today announced the appointment of Deborah Hart as the inaugural Chair of the Consumer Advocacy Council.

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Govt welcomes draft report on the retail grocery sector

The Commerce Commission’s draft report into the retail grocery sector is being welcomed by Government as a major milestone.

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Bill cracking down on unfair commercial practices passes third reading

Legislation to protect New Zealand consumers and business against unfair commercial practices has passed its third reading in Parliament today.

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Latest KiwiSaver Annual Report shows promising benefits for members

The latest KiwiSaver Annual Report from the Financial Markets Authority (FMA), highlights how Government’s recent policy tweaks have positively benefitted New Zealanders, Commerce and Consumer Affairs...

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Lower card fees good for businesses, consumers

The Bill to help lower the cost of the fees retailers get charged for offering contactless and debit payment options is another step closer to becoming law, Commerce and Consumer Affairs Minister Dr...

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NZ passes world-first climate reporting legislation

New Zealand has become the first country in the world to pass a law that will ensure financial organisations disclose and ultimately act on climate-related risks and opportunities.

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