Waste Management refunds customers $5.6m after incorrect billing

Waste Management refunds customers $5.6m after incorrect billing
Waste Management sent debt collectors to residential customers who didn't owe money. (Image: NZME)
Cécile Meier
Waste Management New Zealand has refunded $5.6 million to residential customers and is working on refunding more customers after a Commerce Commission investigation found it had likely breached the Fair Trading Act.Following complaints in 2020, the Commerce Commission found the company had sought payments via debt collection from customers who didn’t owe it money. Waste Management, which is owned by Australian investment fund Igneo Infrastructure Partners, is the leader in the country’s waste market, with revenue of $547m...

More Law & Regulation

Receivers ask Du Val founders: ‘Where are the assets?’
Property

Receivers ask Du Val founders: ‘Where are the assets?’

Du Val receivers say they have evidence of other assets they want information on.

Maria Slade 21 Nov 2024
Bayly to banks: ‘Just get on with it’
Finance

Bayly to banks: ‘Just get on with it’

Minister Andrew Bayly is impatient for the changes needed to improve competition.

Ben Moore 20 Nov 2024
ComCom confirms power bill hike
Infrastructure

ComCom confirms power bill hike

Average household power bill to increase by $10 a month from next April.

Ian Llewellyn 20 Nov 2024
‘Regulatory failure’ let NZ’s payments fall behind
Finance

‘Regulatory failure’ let NZ’s payments fall behind

NZ was the All Blacks of payments, but now barely makes regionals as regulation lagged.

Ben Moore 19 Nov 2024