Govt plans to clamp down on unfair commercial practices well received

Govt plans to clamp down on unfair commercial practices well received
Rebecca Howard
By Rebecca Howard Sept. 24 (BusinessDesk) - Government plans to clamp down on unfair commercial practices that can cripple small businesses have been well received by those lobbying for change.  “We’re taking action to prohibit the most serious types of commercial misconduct, and to ensure there are better protections against unfair contract terms,” Commerce and Consumer Affairs Minister Kris Faafoi and Minister for Small Business Stuart Nash said in a joint statement. The first change would prohibit conduct that is ‘unconscionable’ –...

More Finance

Banks clear backlog after ‘unacceptable’ December delays
Finance

Banks clear backlog after ‘unacceptable’ December delays

Borrowers faced delays of up to five weeks at the end of last year.

Top NZ financier's plan for more public infrastructure
Finance

Top NZ financier's plan for more public infrastructure

The proposals avoid stale privatisation and capital gains tax arguments.

Updated: Manawa shares sag with Contact deal odds
Finance

Updated: Manawa shares sag with Contact deal odds

Forsyth Barr analysts said chances are now 50/50. 

Pattrick Smellie 07 Feb 2025