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Consumers and business will benefit from legislation introduced to Parliament today which will make it a criminal offence to engage in cartel conduct.

Two of the nine government-appointed KiwiSaver default providers have decreased their fees in response to the review of fees charged.

Commerce and Consumer Affairs Minister Hon Kris Faafoi is taking an unprecedented step to get button battery manufacturers and retailers to make their products safer for New Zealand consumers.

Commerce and Consumer Affairs Minister Kris Faafoi says the first reading of the Financial Services Legislation Amendment Bill in Parliament today is the first step in a significant package of changes to ensure all Kiwis can get good quality financial advice based on their individual needs.