News

The Government has introduced a bill that would establish a new economic regulation regime for local government water services suppliers.

The Government is progressing an economy-wide programme to improve competition and lift productivity.

The Ministry of Business, Innovation and Employment is asking for feedback on a proposed levy to recover the cost of a new economic regulation and consumer protection regime for New Zealand’s water services.

The Ministry of Business, Innovation and Employment (MBIE) has confirmed that Dr Derek Johnston has been reappointed for a second term as a Commissioner at the Commerce Commission.

The Government has made key decisions on the design of a new regime for economic regulation and consumer protection under Local Water Done Well.

The Commerce Commission has published its draft report into personal banking services.

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 Government announced a new mandatory Grocery Supply Code of Conduct supporting fairer trading relationships last week.

The Ministry of Business, Innovation and Employment (MBIE) has opened consultation on a review into anti-competitive land agreements across the wider economy.

MBIE is seeking feedback on a new mandatory Code of Conduct between major retailers and suppliers who operate in the grocery sector.