Displaying 1 - 24 of 106 results.

The Government is working on how New Zealand’s retirement income policies and settings can best support Kiwis in light of the COVID-19 economic recovery, with the help of the Retirement Commissioner’s latest review, Commerce and Consumer Affairs Minister Kris Faafoi said.

  • Hon Kris Faafoi
  • Commerce and Consumer Affairs

New Zealanders who have money locked up offshore due to cancelled travel plans as a result of COVID-19 will benefit from a new Government scheme to support the recovery of refunds and credits from overseas travels suppliers.

  • Hon Kris Faafoi
  • Commerce and Consumer Affairs

Additional funding is being made available to strengthen existing debt solution services with access to debt specialists, and develop a national approach to address problem debt Minister for Social Development Carmel Sepuloni and Minister for Commerce and Consumer Affairs Hon Kris Faafoi announced today.

  • Hon Carmel Sepuloni
  • Hon Kris Faafoi
  • Commerce and Consumer Affairs
  • Social Development

The Minister of Commerce and Consumer Affairs, Kris Faafoi, has signalled an end is in sight for high-cost lenders and truck shops who trap vulnerable people in debt.

  • Hon Kris Faafoi
  • Commerce and Consumer Affairs

The Commerce and Consumer Affairs Minister and Broadcasting, Communications and Digital Media Minister, Kris Faafoi, has today announced the appointment of Tristan Gilbertson as the new Telecommunications Commissioner and member of the Commerce Commission.

  • Hon Kris Faafoi
  • Broadcasting, Communications and Digital Media
  • Commerce and Consumer Affairs

Government Ministers are asking significant private enterprises to adopt prompt payment practices in line with the state sector, as a way to improve cashflow for small businesses.

  • Hon Grant Robertson
  • Hon Stuart Nash
  • Hon Kris Faafoi
  • Commerce and Consumer Affairs
  • Finance
  • Small Business

“This Budget is about creating jobs. We know how businesses and workers have been impacted by this global pandemic. This Government is backing businesses to regain the confidence to invest as we work together to grow the economy in the face of this global recession,” Finance Minister Grant Robertson said.

  • Hon Phil Twyford
  • Hon Dr Megan Woods
  • Hon David Parker
  • Hon Stuart Nash
  • Hon Kris Faafoi
  • Commerce and Consumer Affairs
  • Economic Development
  • Research, Science and Innovation
  • Revenue
  • Small Business
  • Trade and Export Growth

The Minister of Commerce and Consumer Affairs, Kris Faafoi, has confirmed that bars and pubs will be able to open once New Zealand moves to COVID Alert Level 2 so long as they make sure they seat patrons and serve them food with their drinks.

  • Hon Kris Faafoi
  • Commerce and Consumer Affairs

Support is on the way for businesses facing insolvency due to COVID-19, with the Government introducing a package of measures in Parliament today to further boost New Zealand’s economic recovery.

  • Hon Grant Robertson
  • Hon Kris Faafoi
  • Commerce and Consumer Affairs
  • Finance

The Government is fast-tracking measures to protect people in financial hardship from high-cost loans that trap them in debt.

  • Hon Kris Faafoi
  • Commerce and Consumer Affairs

The Government will be introducing legislation to make changes to the Companies Act to help companies facing insolvency due to COVID-19 to remain viable and keep New Zealanders in jobs.

  • Hon Grant Robertson
  • Hon Kris Faafoi
  • Commerce and Consumer Affairs
  • Finance

New Zealand will temporarily remove tariffs on all medical and hygiene imports needed for the COVID-19 response.

  • Hon David Parker
  • Hon Kris Faafoi
  • Commerce and Consumer Affairs
  • Trade and Export Growth

The Government has asked the Commerce Commission to take account of the exceptional circumstances created by COVID-19 when monitoring business behaviour in coming weeks.

  • Hon Kris Faafoi
  • Commerce and Consumer Affairs

New Zealanders’ savings in KiwiSaver default funds will soon exclude investment in fossil fuels, the Ministers of Finance and Commerce and Consumer Affairs announced today.

  • Hon Grant Robertson
  • Hon Kris Faafoi
  • Commerce and Consumer Affairs
  • Finance

Clear requirements for ensuring customers are treated fairly by banks, insurers and other financial service providers are included in new financial conduct legislation that passed its first reading today.

  • Hon Kris Faafoi
  • Commerce and Consumer Affairs

The Government is now considering the recommendations of the Retirement Commissioner’s review into New Zealand’s retirement income policies.

  • Hon Kris Faafoi
  • Commerce and Consumer Affairs

"Today is World Braille Day and I am delighted to announce that an international treaty giving blind and low vision New Zealanders access to books and literary works comes into force today,” Minister for Disability Issues Carmel Sepuloni announced today.

  • Hon Carmel Sepuloni
  • Hon Kris Faafoi
  • Commerce and Consumer Affairs
  • Disability Issues

Unfair business practices are being targeted in new legislation introduced to Parliament.

  • Hon Stuart Nash
  • Hon Kris Faafoi
  • Commerce and Consumer Affairs
  • Small Business

The days of vulnerable consumers falling victim to loan sharks, truck shops and other predatory lenders are numbered, following the Credit Contracts Legislation Amendment Bill passing its third reading tonight.

  • Hon Kris Faafoi
  • Commerce and Consumer Affairs

Consumers will benefit from a more competitive, transparent retail fuel market as a result of changes the Government will be making in response to the findings of the Commerce Commission’s study of the fuel sector.

  • Hon Kris Faafoi
  • Commerce and Consumer Affairs

New Zealand consumers will have greater certainty about their insurance cover when they need to make claims as a result of proposed government changes.

  • Hon Kris Faafoi
  • Commerce and Consumer Affairs

96 per cent of New Zealand-new vehicles with Takata Alpha airbags have been replaced, moving the compulsory recall into the final stage to capture the remaining airbags, says Commerce and Consumer Minister Kris Faafoi.

  • Hon Kris Faafoi
  • Commerce and Consumer Affairs

New rules to clamp down on overzealous wheel clamping and extortionate fees charged in order to release a vehicle have passed their final stage in Parliament today.

  • Hon Kris Faafoi
  • Commerce and Consumer Affairs

Changes to insolvency law announced by the Government today will include requirements to honour up to 50 per cent of the value of gift cards or vouchers held by consumers, Commerce and Consumer Affairs Minister Kris Faafoi says.

  • Hon Kris Faafoi
  • Commerce and Consumer Affairs