News in Brief
News in Brief
News in Brief
Commerce Commission files charges against Noel Leeming over ‘Price Promise’ claims
The Commerce Commission has filed criminal charges against retail electronics chain Noel Leeming for allegedly misleading customers with its “Price Promise”.The commission alleges multiple breaches of the Fair Trading Act by Noel Leeming which is owned by The Warehouse Group.“For...
News in Brief
ASB joins ANZ in rejecting $309m class action settlement offer
The issue relates to a long-running class action over lending breaches.
News in Brief
New anti-corruption taskforce launched
Insider threats, foreign interference and artificial intelligence‑enabled fraud are among the targets of a new anti-corruption taskforce.The move comes after experts warned the Government of rising corruption risks and New Zealand slipping down global anti-corruption rankings.The...
News in Brief
Livestock Improvement Corp posts strong profit but warns of FY26 one-offs
Dairy genetics company Livestock Improvement Corporation (LIC) posted a stronger result for the 12 months to May 31, but warned the current financial year would be impacted by one-offs.LIC booked a full-year after-tax profit of $30.6 million for the 12 months to May 31, up from $...
