The Government will establish a consumer data right in New Zealand to give individuals and businesses greater choice and control over their data. This is done through the Customer and Product Data Bill, which is now before Parliament. The Bill will be rolled out to the banking and electricity sectors first. Consultation on how the Bill can apply to these sectors will follow later this year.
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We are reviewing New Zealand's insurance contract law to ensure it is facilitating well-functioning insurance markets.
This page outlines the methodology for the Modelled Territorial Authority Gross Domestic Product estimates of annual GDP estimates for 66 territorial authority areas and 18 industry groups.
New Zealand is a founding member of the International Labour Organization (ILO) which is the key global labour body and source of international labour law.
This easy-to-use mobile app is great for anyone interested in New Zealand’s regions with information on incomes, house values, rents, employment, migration, GDP, and much more.
This page summarises the changes to the consumer credit laws that resulted from the review that took place between 2009 and 2015.
The Government has made law changes to the Credit Contracts and Consumer Finance Act. This follows our 2018 review of the consumer credit law.
The Government decided to amend section 99(1A) of the Credit Contracts and Consumer Finance Act (CCCFA).
In 2022, the Minister of Commerce and Consumer Affairs commissioned an investigation into changes to credit laws introduced on 1 December 2021. This has led to further amendments to the Credit Contracts and Consumer Finance Regulations 2004 and the Responsible Lending Code. The first tranche of changes came into force on 7 July 2022, and the second tranche are in force on 4 May 2023.
The Government is reviewing consumer credit law as part of a wider reform process for financial services. This section also includes information about previous reviews of consumer credit law.