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Commerce Commission

Borrowing Methods Changing, According To Credit Company

Borrowing Methods Changing, According To Credit Company
Wellington, Jan 29 NZPA - New Zealanders are choosing to purchase goods and services by way of hire purchase or personal loan rather than a credit card, according to the latest data from credit company Veda Advantage.

Criminalising Cartels Welcomed

Criminalising Cartels Welcomed
Wellington, Jan 27 NZPA - A proposal to criminalise cartels, with jail sentences as long as seven years and fines of up to $5 million, has been welcomed by the Opposition.

Criminalising Cartels To Be Considered

Criminalising Cartels To Be Considered
By Maggie Tait of NZPA Wellington, Jan 26 NZPA - A report out today proposes criminalising cartels, with jail sentences as long as seven years.

Credit Card Surcharge Is Part Of A Wider Payment Systems Story

Credit Card Surcharge Is Part Of A Wider Payment Systems Story
By Pam Graham of NZPA

Insurance Co To Refund Consumers Over Partial Payments

Wellington, Jan 14 NZPA - A company providing payment protection insurance is to pay a total of about $37,000 to 44 claimants after admitting a possible breach of the Fair Trading Act, the Commerce Commission says.

Shares Ease Slightly As New Year Rally Falters

Shares Ease Slightly As New Year Rally Falters
Wellington, Jan 12 NZPA - The New Zealand sharemarket eased slightly today, in keeping with a weak Australian market and reflecting lukewarm local economic news.

Customers Advised To Watch Out For Credit Card Surcharge

Customers Advised To Watch Out For Credit Card Surcharge
Wellington, Jan 12 NZPA - Retailers surcharging customers for using credit cards were today put on notice by the Commerce Commission, while consumer groups are advising people to check charges and shop around now that retailers are allowed to pass on credit card charges.

Wellington Petrol Stations Pass On Credit Card Charges

Wellington Petrol Stations Pass On Credit Card Charges
Wellington, Jan 10 NZPA - Five independently owned BP stations in Wellington may be the first businesses in the country to pass on credit card transaction costs to their customers.

Shares Ease Slightly As Business Confidence Stabilises

Shares Ease Slightly As Business Confidence Stabilises
Wellington, Jan 12 NZPA - The New Zealand sharemarket eased slightly in quiet early trading today, reflecting lukewarm economic news.

Vodafone Puts $50m Cost On Mobile Undertaking

Vodafone Puts $50m Cost On Mobile Undertaking
Wellington, Dec 18 NZPA - Vodafone estimates that a new proposal it has made on mobile termination rates will cost it $50 million in revenues immediately, and will rise over the period of the undertaking.

Credit Card Comparison TablesCompare Credit Cards - Independent interest rate and fees comparisons for New Zealand banks.