Media releases

Media releases from the Commerce Commission.

Showing 11 to 20 of 3,487 results

14 Dec 2020

Papakura vehicle dealer fined $67,500 over 'as is, where is' claims and CINs

Auckland motor vehicle trader BNZ JP Euro Auto Parts Limited has been fined $67,500 for misrepresenting consumers’ rights under the Consumer Guarantees Act 1993 (CGA) and for failing to provide Consumer Information Notices (CINs).
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11 Dec 2020

Performance of Fibre Max improves thanks to broadband testing programme

The Commerce Commission’s Measuring Broadband New Zealand programme has helped to identify and fix network problems that were preventing premium Fibre Max broadband products from performing at advertised speeds.
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10 Dec 2020

Commission releases preliminary issues and proposed scope for grocery study

The Commerce Commission has today released a paper outlining the preliminary issues it may explore and the proposed scope for its market study into the grocery sector.
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10 Dec 2020

Commission seeks feedback on funding to improve work in regulated sectors

The Commerce Commission is seeking feedback on the level of funding needed over the next five years to help deliver its regulation of the telecommunications, electricity and gas sectors.
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10 Dec 2020

Commission finalises consumer protections for withdrawal of copper phone and broadband services by Chorus

The Commerce Commission has finalised its Copper Withdrawal Code that sets out the requirements Chorus, the provider of New Zealand’s copper telecommunications network, must meet before it can stop providing wholesale copper phone and broadband services (such as ADSL and VDSL).
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9 Dec 2020

Commission to investigate Safety Warehouse “The Drop” event

The Commerce Commission has opened an investigation into representations made by Greenback Ecommerce Limited trading as The Safety Warehouse in relation to the “The Drop” event of 5 December.
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9 Dec 2020

Commission urges caution over toy and bike purchases as four companies warned

The Commerce Commission is urging consumers to take a second look at the toys and bikes they purchase this Christmas, as four companies are warned over product safety.
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3 Dec 2020

Final decision on allocation of $10 million Telecommunications Development Levy

The Commerce Commission has today released its final determination on the allocation of payments for the Government’s $10 million Telecommunications Development Levy (TDL) for 2019/20.
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3 Dec 2020

Former high-cost lender warned over failure to adhere to responsible lending requirements

The Commerce Commission has issued a warning to Superloans Napier Limited and Superloans Porirua Limited that they are likely to have failed to comply with the lender responsibility principles set out in the Credit Contracts and Consumer Finance Act 2003 (CCCF Act).
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2 Dec 2020

BNZ warned over responsible lending and disclosure failures

The Bank of New Zealand (BNZ) has been warned by the Commerce Commission over likely responsible lending breaches and failures to provide timely and accurate information to borrowers.
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