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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, Minister of Broadcasting, Communicatio

Commerce and Consumer Affairs Minister Kris Faafoi says consumers will be able to have more confidence in financial advice under new disclosure requirements agreed by Government.

New Zealand’s continued access to key global financial markets is assured after legislation aligning New Zealand’s financial markets law with new international regulations reached its first milestone, Commerce and Consumer Affairs Minister Hon Kris Faafoi says.

The Government plans to stop the practice of ticket scalping, Prime Minister Jacinda Ardern and Commerce and Consumer Affairs Minister Kris Faafoi said today.

About half of New Zealand homes and businesses have connected to faster, more reliable broadband across the 121 centres where ultra-fast broadband (UFB) is available, says Broadcasting, Communications and Digital Media Minister Kris Faafoi.

Projects planning for earthquakes from the Hikurangi subduction zone and improving Maori community engagement are among those receiving Government funding to support regions in building resilience to natural disasters and other emergencies, Minister of Civil Defence Hon Kris Faafoi announced today.

The first allocation of 5G spectrum will be the 3.5 GHz band, with national rights to this portion of the spectrum expected to be auctioned early in 2020, Minister of Broadcasting, Communications and Digital Media Hon Kris Faafoi announced today.

Broadcasting, Communications and Digital Media Minister Kris Faafoi and Disability Issues Minister Carmel Sepuloni have started a public consultation on proposals to modernise telecommunications services for people who are deaf, deafblind or have hearing or speech impairments.

Prime Minister Jacinda Ardern, Minister of Civil Defence Kris Faafoi and Minister of Agriculture Damien O’Connor have confirmed further Government support for the Tasman community, to help small businesses and animal welfare orga

Prime Minister Jacinda Ardern, Minister of Civil Defence Kris Faafoi and Minister of Agriculture Damien O’Connor have confirmed initial Government support for the Tasman community for people affected by the fires.

The New Zealand Government will closely analyse the outcomes of the Australian Royal Commission but has already committed to ensure consumer interests are protected in the banking and insurance sector.

The Government agreed at Cabinet today to fast-track customer protection measures in the financial sector.   

Commerce and Consumer Affairs Minister Kris Faafoi has today announced the start of public consultation on measures to strengthen the law protecting consumers and small business from anti-competitive behaviour by powerful firms.

Minister of Customs Hon Kris Faafoi says International Customs Day (26 January) is timely to recognise the work of the important agency.

Almost twice as many people received the test Civil Defence emergency alert to their mobile phone at its last test – meaning more New Zealanders than ever are capable of getting a heads-up in an emergency.