Clear signals are emerging that the Zero Carbon Bill will pass its third reading in Parliament this afternoon with the support of the National Party after a crunch party caucus meeting last night.The bill has been years in the making, but looks set to pass into law at record spee...
The governor of the Reserve Bank of New Zealand has warned the wider insurance industry that regulators will be back for them following a damning report into the conduct of life insurers. Speaking at an industry event, Adrian Orr urged general insurers to have a look at themselve...
Proposed new regulations will effectively kill off electricity companies' practice of wooing back departing customers with generous 'win-back' offers. The Electricity Authority is consulting on a proposed 180-day ban on "retailer-initiated saves and win-backs" after a customer...
Liquidators' clawback powers will be slashed from two years to six months for payments made to third-party suppliers of failed companies under insolvency law reforms announced by Commerce Minister Kris Faafoi.At present, any supplier of goods or services to a company that turns o...
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