Hon Kris Faafoi

Landlords and tenants will both benefit from a Bill that clears up liability for careless damage to a rental property which passed its final reading in Parliament today.

The Government is changing the KiwiSaver rules so that people with congenital life-shortening conditions can withdraw their savings when they retire, Commerce and Consumer Affairs Minister Kris Faafoi announced today.

The Government has taken steps to improve New Zealanders safety by making furniture safer and reducing the high levels of toxic smoke it could emit in fires, Commerce and Consumer Affairs Minister Kris Faafoi said today.

Funding from Budget 2019 and a revised Cyber Security Strategy released today will intensify the Government’s focus on cyber security, Minister of Broadcasting, Communications and Digital Media Hon Kris Faafoi said.

Funding from Budget 2019 will establish a new national agency to strengthen New Zealand’s emergency management system, Minister of Civil Defence Hon Kris Faafoi said today.

Consumers will have more peace of mind dealing with financial advisers under a new licensing and rules regime announced today by Minister of Commerce and Consumer Affairs Hon Kris Faafoi.

The regions are leading the way in ultra-fast broadband uptake, says Broadcasting, Communications and Digital Media Minister Kris Faafoi.

Legislation passed last night means liquidators will need to be licenced and meet basic standards of honesty and competence - moves enacted to protect creditors and the public, Commerce and Consumer Affairs Minister Kris Faafoi says.

Consumers will now see their projected savings for retirement and the likely weekly income it will provide on their annual KiwiSaver statement, Commerce and Consumer Affairs Minister Kris Faafoi says

The investigation into the conduct and behaviour of the Retirement Commissioner Diane Maxwell did not establish bullying conduct and Ms Maxwell will return to work tomorrow (Thursday 23 May) to finish her contract as Commissioner.

Hon Kris Faafoi will attend the “Tech for Humanity” meeting of G7 Digital Ministers in Paris next week, and has added a further number of cyber engagements to planned travel to support the Government’s focus on international collaboration on cyber issues.

Philip Broughton and Linda Clark have been appointed to the NZ on Air board, Minister of Broadcasting, Communications and Digital Media Hon Kris Faafoi announced today.

A new Code of Conduct will ensure all financial advice provided to Kiwis is of good quality, Commerce and Consumer Affairs Minister Kris Faafoi says, because this advice is crucial in helping Kiwis achieve the lifestyles and retirement they want.

The Government has announced an extra $400,000 to help West Coasters recover from the devastating March floods.

Commerce and Consumer Affairs Minister Kris Faafoi says a suite of new measures to stop families falling into hardship caused by predatory lending is a step closer, after the Credit Contracts Legislation Amendment Bill passed its first reading today.

Fast-tracked measures to protect consumers in their dealings with banks and insurers have been released today, with the Government on schedule to have them introduced to Parliament this year.

Customs officers will now always conduct face-to-face checks when eGates reject a passenger, Minister of Customs Hon Kris Faafoi announced today.

Protections to stop the public being charged excessive fees and being preyed upon by wheel clampers are a step closer, with legislation stopping the practices receiving its first reading in Parliament this evening.

The service that allows people using New Zealand Sign Language (NZSL) to phone others by using an interpreter will soon be available at weekends, Broadcasting, Communications and Digital Media Minister Kris Faafoi and Disability Issues Minister Carmel Sepuloni announced today.

Consumers and businesses will be better protected from dishonest commercial conduct following a law change tonight that makes price fixing and other cartel behaviour a criminal offence, Commerce and Consumer Affairs Minister Kris Faafoi says.

Commerce and Consumer Affairs Minister Kris Faafoi says New Zealanders should have better access to quality financial advice as a result of changes in the Financial Services Legislation Amendment Bill, which passed through Parliament today.

Commerce and Consumer Affairs Minister Kris Faafoi today announced the appointments of Anna Rawlings as the new Chair of the Commerce Commission, and Joseph Liava’a as an associate member.

Commerce and Consumer Affairs Minister Kris Faafoi today confirmed Mark Todd as the new Chairman of the Financial Markets Authority (FMA), and Chris Swasbrook as an associate member.

Spectrum rights in the 2100 MHz and 1800 MHz bands will mostly be renewed to ensure mobile network operators can continue to provide 3G and 4G phone services, although some spectrum will be released for other uses, Mi