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The Government has announced moves to increase bank competition and deliver a better deal for New Zealanders with the introduction of open banking, Minister of Commerce and Consumer Affairs David Clark announced today.
Kiwis can expect better protection from high-cost loans and unaffordable debt as a result of changes to lending laws coming into effect today, Commerce and Consumer Affairs Minister Dr David Clark said.
New Zealand has become the first country in the world to pass a law that will ensure financial organisations disclose and ultimately act on climate-related risks and opportunities, Commerce and Consumer Affairs Minister Dr David Clark and Climate Change Minister James Shaw today announced today (21 OCTOBER 2021).
The Bill to help lower the cost of the fees retailers get charged for offering contactless and debit payment options is another step closer to becoming law, Commerce and Consumer Affairs Minister Dr David Clark said today (11 OCTOBER 2021).
The latest KiwiSaver Annual Report from the Financial Markets Authority (FMA), highlights how Government’s recent policy tweaks have positively benefitted New Zealanders, Commerce and Consumer Affairs Dr David Clark said today (28 SEPTEMBER 2021).