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Mr Speaker,
I have been surprised by some of the reaction I have had to my decision to retire. All sorts of motivations have been ascribed to my decision.
One of my cabinet colleagues – who is always concerned about how these sorts of things look for the Government – was keen to spread the rumour that the real reason could be traced to the existence of a series of incriminating photographs.
I was alarmed at the speed at which Murray McCully was able to invent such a scenario.
- Simon Power
- Commerce
- Consumer Affairs
- Deputy Leader of the House
- Finance
- Justice
- Law Commission
- Leader of the House
The Government is to target unscrupulous credit companies that prey on unwary consumers, the Minister of Commerce and Consumers Affairs, Simon Power, announced today.
He told the Financial Literacy Summit in Wellington that he is organising a financial summit that will look at ways to tackle the problem.
"It's time to make changes in the area of consumer credit.
"There are gaps in the system that allow the unscrupulous to take advantage of the unwary when it comes to access to consumer finance in these tough economic times.
- Simon Power
- Commerce
- Consumer Affairs