On 31 January 2024, the Government announced plans to reform the Financial Markets (Conduct of Institutions) Amendment Act (CoFI) and the Credit Contracts and Consumer Finance Act (CCCFA).
The Ministry of Business, Innovation and Employment (MBIE) has opened consultation on a review into anti-competitive land agreements across the wider economy.
The Government is introducing a mandatory standard for unit pricing to help consumers make informed decisions when shopping for the essentials at the supermarket.
The Government has announced new rules that will require supermarkets and other large grocery retailers to clearly and consistently display unit pricing for grocery products. Generally this will be per kilogram or per litre.
The Government has announced the introduction of the Three Waters Economic Efficiency and Consumer Protection Bill today, which will ensure the future three waters system promotes consumer interests.
As part of its response to the Commerce Commission’s market study into the retail grocery sector, the Government has announced it is taking action to improve access to wholesale groceries.
The Ministry of Business, Innovation and Employment (MBIE) has today announced that Bryan Chapple and Nathan Strong will be appointed as Associate Commissioners at the Commerce Commission.