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29 Feb 2024
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Commission confirms greater transparency requirements for lines companies as energy transition continues
The Commerce Commission has published its final decision on the changes to information New Zealand’s local lines companies must disclose publicly as they adapt to an increasing demand on their networks, driven in large part by New Zealand’s commitment to decarbonisation.Read more
29 Feb 2024
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Commission grants clearance for St John to acquire medical alarm and monitoring assets from Securely
The Commerce Commission has granted clearance for The Priory in New Zealand of the Most Venerable Order of the Hospital of St John of Jerusalem (St John) to acquire certain assets relating to the medical alarm and monitoring business, which includes lone worker and duress alarm monitoring, from Electra Services Limited, which trades as Securely. The proposed acquisition excludes Securely’s property security alarms used for government, commercial and residential purposes.Read more
28 Feb 2024
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Statement of Issues released for NZ Post’s application to acquire certain courier business assets of PBT
The Commerce Commission has published a Statement of Issues relating to an application from NZ Post seeking clearance for it to acquire PBT Group Limited’s existing contracts with businesses who have signed contracts to use PBT’s courier services.Read more
28 Feb 2024
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Commission approves nearly $400m investment to strengthen grid, with Transpower to provide timing assurance on Cook Strait cable spend
The Commerce Commission has approved Transpower’s proposed $392.9 million investment in the national grid, and is satisfied that the identified need to strengthen the electricity transmission system over the next decade is in the long term interests of Kiwi consumers.Read more
27 Feb 2024
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Some cause for optimism in Aurora's network progress - but unplanned outages remain a concern
The Commerce Commission has today reported that Aurora Energy Limited (Aurora) has complied with all of its price and quality regulatory obligations in year two of its five-year customised price‐quality path (CPP). However, the Commission has some concerns over an increase in unplanned outages impacting consumers.Read more
22 Feb 2024
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ComCom calls for banks to pick up the pace on payment options
The Commerce Commission has issued an Open Letter to participants of New Zealand’s retail payment system setting its expectations of the industry to deliver a more competitive environment that can give Kiwis new options to pay for goods and services.Read more
22 Feb 2024
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Commission consulting on financing step-change in electricity lines investment
With New Zealand's electricity networks facing increasing demand, the Commerce Commission is consulting on how the framework for its upcoming price-quality decision considers the financing of necessary investment.Read more
12 Feb 2024
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Statement of Preliminary Issues released for Payments NZ’s application seeking authorisation to further develop its open banking framework
The Commerce Commission has published a statement of preliminary issues relating to an application from Payments NZ Limited (Payments NZ) seeking authorisation to work with API providers and third parties to develop arrangements that, according to Payments NZ, will facilitate a more well-utilised, secure and innovative open banking framework.Read more
8 Feb 2024
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“Whistleblowing” could help focus Grocery Commissioner’s work
A new anonymous “whistleblower” tool launched by the Grocery Commissioner is designed to lift the lid on practices and conduct that may be hampering competition in the $25 billion sector.Read more
7 Feb 2024
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Statement of Issues released for AlphaTheta’s proposed acquisition of Serato
The Commerce Commission has published a Statement of Issues relating to an application from AlphaTheta seeking clearance to acquire Serato.Read more