Media releases
Media releases from the Commerce Commission.
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of 3,334 results
10 Dec 2019
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Hamilton finance company warned over car loan and repossession
The Commerce Commission has warned Hamilton-based WeCare Finance Limited that, in the Commission’s view, it likely breached the lender responsibility principles of the Credit Contracts and Consumer Finance Act 2003 (CCCFA) by failing to make reasonable enquiries about whether a borrower could repay a loan and in unreasonably repossessing a motor vehicle.Read more
10 Dec 2019
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Court fines GO Healthy for misleading ‘New Zealand Made’ claims
Health supplements seller GO Healthy New Zealand Ltd has been fined $337,500 in the Auckland District Court for misleading consumers by claiming its supplements were “made in New Zealand”, when the key ingredients in the majority of its products were imported.Read more
9 Dec 2019
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I’m dreaming of a fairly-priced Christmas
Sleigh bells may not be ringing much in New Zealand but shopping till bells certainly are, and the Commerce Commission is dreaming of a fairly-priced Christmas for consumers.Read more
6 Dec 2019
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Proceedings filed against container depot company and director for attempted price fixing
The Commerce Commission has filed High Court proceedings alleging Specialised Container Services (Christchurch) Limited (SCS Christchurch) and its director Grant Tregurtha attempted to engage in price fixing with one of its competitors.Read more
5 Dec 2019
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Retail fuel market study recommends changes to benefit competition and consumers
The Commerce Commission has released its final report into the retail fuel market and has recommended changes to stimulate competition and benefit consumers.Read more
28 Nov 2019
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Statement of Preliminary Issues released for Property Brokers application to acquire Farmland’s real estate business on the West Coast
The Commerce Commission has published a statement of preliminary issues relating to an application from Property Brokers Limited to acquire the West Coast real estate business and property management business of Farmlands Real Estate Limited and Farmlands Real Estate Property Management Limited (together Farmlands Real Estate).Read more
27 Nov 2019
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Balance struck between keeping electricity costs low for customers and ensuring adequate investment in lines networks
The Commerce Commission has released its final decision on the default price-quality paths (DPPs) which apply to 15 of New Zealand’s regulated electricity lines companies for the period 2020-2025.Read more
25 Nov 2019
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Property Brokers seeks clearance to acquire Farmland’s real estate business on the West Coast
The Commerce Commission has received a clearance application from Property Brokers Limited to acquire the West Coast real estate business and property management business of Farmlands Real Estate Limited and Farmlands Real Estate Property Management Limited (together Farmlands Real Estate).Read more
21 Nov 2019
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Consumer complaints to Commission leap 20%
Consumer complaints to the Commerce Commission increased more than 20% in the 2018/19 year, to nearly 9,000.Read more
19 Nov 2019
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New regulatory regime for fibre broadband networks taking shape
The Commerce Commission has today released its draft decisions on the design of the new regulatory regime for fibre broadband networks.Read more