Fair Trading media releases

May 2017

Cash to You Loans banned from lending

24 May 2017

Napier loan company Cash to You Loans Limited has been banned indefinitely from operating as a lender, after charging borrowers unreasonable fees and excess interest and failing to correctly disclose fees charged.

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Commission’s alpaca case brings total fines to $1.5 million

23 May 2017

A company and two individuals have been fined a total of nearly $194,000 for claiming that duvets were "pure alpaca wool" or "100% cashmere", when they contained little or no such fibres.

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“Made in New Zealand” bee pollen was Chinese

19 May 2017

A health supplement company and its owner have been fined a total of $526,500 for breaching the Fair Trading Act by claiming bee pollen was New Zealand-made, when in fact it was produced and processed in China.

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Retailers put on alert about using misleading pricing

11 May 2017

The Commerce Commission is today publishing an open letter to retailers, highlighting pricing practices which might breach the law, and offering guidance on how to avoid them.

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April 2017

Commerce Commission wins appeal in Budget Loans case

18 April 2017

The Commerce Commission has won its appeal against a District Court decision to dismiss 19 charges against two finance companies.

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Bunnies, chocolate eggs, hot cross buns… and surcharges

13 April 2017

With the Easter holiday upon us, the Commerce Commission is again reminding businesses that if they apply a surcharge it must be clearly and accurately disclosed to customers.

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Guilty pleas in Commission’s 12th mobile trader prosecution

13 April 2017

Truck shop operator Budget Warehouse Limited (Budget Warehouse) has pleaded guilty to 18 charges relating to its customer credit contract documents.

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Tax refund season – what consumers and tax agents need to know

7 April 2017

With the end of the financial year upon us, consumers may find a tax agent at their door or on the phone.

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March 2017

Misleading Christmas deal results in $145k fine for mobile trader

14 March 2017

Mobile trader Sales Concepts Limited has been fined $145,000 in the North Shore District Court after pleading guilty to 10 charges under the Fair Trading Act 1986 relating to its ‘Christmas Deal Bundles’.

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Commission issues warning over chicken size representations

7 March 2017

Poultry producers Inghams Enterprises (NZ) PTY Limited (Inghams) and Tegel Foods Limited (Tegel) have been issued with warnings by the Commerce Commission over packaging representations about the size of chickens.

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First jail sentence in Commerce Commission case

3 March 2017

Vikram Mehta, owner of mobile trader Flexi Buy Limited (Flexi Buy), has today been sentenced in the Auckland District Court to two years imprisonment after taking money from customers without intending to supply goods as promised.

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February 2017

Judge criticises mobile trader for targeting the vulnerable

22 February 2017

Mobile trader Bestdeals 4 You Limited (Bestdeals) has been fined $47,250 in the Auckland District Court for failing to disclose key consumer information about its credit contracts and layby sales agreements.

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Bike Barn fined $800k for misleading pricing

10 February 2017

Bike Retail Group Limited and Bikes International Limited, the joint operators of Bike Barn in New Zealand, have today been fined $800,000 in the Auckland District Court.

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Commission confirms charges filed against Bunnings for misleading advertising

8 February 2017

The Commerce Commission has filed 45 charges in Auckland District Court against Bunnings (NZ) Limited alleging it misled consumers by advertising the prices of its goods as being the lowest in the market.

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Commission files charges against Auckland mobile trader, Appenture Marketing

8 February 2017

The Commerce Commission has filed 24 charges against Appenture Marketing Ltd for failing to provide consumers with key contract information and for making false and misleading representations to consumers about their rights.

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$1m penalty for misleading Nurofen specific pain range claims

3 February 2017

Reckitt Benckiser (New Zealand) Limited (RBNZ) has been fined $1.08 million today in the Auckland District Court for 10 charges relating to its Nurofen specific pain range products. The products include Nurofen Migraine Pain, Nurofen Tension Headache, Nurofen Period Pain and Nurofen Back Pain.

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January 2017

Baby City sentenced for two non-compliant cots

20 January 2017

Baby City Retail Investments Limited (Baby City) has been fined $39,000 in the Auckland District Court for six charges relating to selling cots which failed to comply with the packaging and labelling requirements of the safety standard for household cots (Safety Standard).

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