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The Minister of Commerce and Consumer Affairs says a number of life insurers still need to lift their game after an underwhelming response to the Reserve Bank of NZ (RBNZ) and Financial Markets Authority (FMA) conduct and culture review.
Minister of Foreign Affairs Winston Peters and Minister of Broadcasting, Communications and Digital Media Kris Faafoi today announced a new initiative to support Pacific countries to respond to cyber security risks in the region.
Commerce and Consumer Affairs Minister, Kris Faafoi, says key areas of opportunity have been highlighted in a report released today to ensure New Zealand’s capital markets continue to support sustainable economic growth.
Commerce and Consumer Affairs Minister Kris Faafoi has today confirmed the appointments of Sue Chetwin and Michael Stiassny as new members of the Financial Markets Authority (FMA) Board.
The Government is adding new rules around high cost short term lending to protect consumers from punishing debt at the hands of loan sharks.
Financial markets legislation which has passed its third reading in Parliament will contribute to a well-functioning economy by providing New Zealand with continued access to foreign markets, Commerce and Consumer Affairs Minister Kris Faafoi said.
The latest Quarterly Connectivity Report shows more than 90,000 households and businesses gained access to Ultra Fast Broadband (UFB) in the three months from April to June this year.
Whangarei homeless people are getting more chances to have a home with the launch today of Whangarei Housing First.
The Government has announced additional measures to prevent and reduce homelessness focused on ensuring at-risk individuals and whānau have access to stable housing and continue to stay housed.
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. A medium-scale adverse event in the Westland District has also now been declared.
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.