Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 


A New Order For Consumer Protection

Hon Phillida Bunkle
Minister of Consumer Affairs
Associate Minister of Economic Development


A New Order For Consumer Protection


The Government is ready to act with vigour to protect the interests of New Zealand consumers, the Minister of Consumer Affairs Hon Phillida Bunkle told the Commerce Commission's annual conference in Wellington today.

"The Commerce Commission should be aware of the preparedness of the Government to act. I believe this Government expects the Commerce Commission to act similarly," the Minister said.

The Minister said previous governments had been reluctant to tackle major market "problem areas" where corporate behaviour disadvantaged many consumers.

"The Government is demonstrably not anti-markets; in fact we are very much for competitive markets. The greatest threat to competition is the denial of information to consumers," Ms Bunkle said in her address.

"This creates an exploitative power imbalance, or in effect, is little more than price gouging."

The Minister said while the Fair Trading Act required businesses to provide honest and not, misleading information, it did not make information compulsory.

"According to the Fair Trading Act, not being informed is okay," she said.

The Government had several initiatives to deal specifically with identifying and addressing consumer concerns, Ms Bunkle said. This included Inquiries into the Electricity and Telecommunication sectors.

E-Commerce also had the Government's urgent attention. Among recent initiatives is the Ministry of Consumer Affair's proposed model code of conduct for Internet-businesses, Ms Bunkle said.

She was also expecting developments in the Consumer Credit Law review.
"The whole area of credit law is fraught with dangers for the consumers and again this review is an attempt to address this power imbalance."


ENDS


© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Mt Roskill: Greens Will Not Stand In Likely Post-Goff By-Election

“The Green Party’s priority is changing the Government in 2017, and as part of that we’ve decided that we won’t stand a candidate in the probable Mt Roskill by-election... This decision shows the Memorandum of Understanding between Labour and the Green Party is working." More>>

ALSO:

Wellington: Predator Free Capital Plan

Wellington City Council (WCC), the Greater Wellington Regional Council (GWRC) and NEXT Foundation, today announced a joint collaboration to make Wellington the first Predator Free capital city in the world. More>>

ALSO:

Gordon Campbell: On Judith Collins’ Efforts At Self Correction

Thousands of prisoners currently in prison may be entitled to an earlier release than expected – and compensation – because Corrections has incorrectly calculated their term of imprisonment. Unless of course, the government buries its mistakes by changing the law and retro-actively getting itself off the hook… More>>

ALSO:

More Justice & Corrections

Sector Opposes Bill: Local Government Bill Timeframe Extended

The Minister of Local Government Peseta Sam Lotu-Iiga has asked the Select Committee to extend the report back date for the Local Government Act 2002 Amendment Bill (No 2). More>>

ALSO:

Breed Laws Don’t Work: Vets On New National Dog Control Plan

It is pleasing therefore to see Louise Upston Associate Minister for Local Government calling for a comprehensive solution... However, relying on breed specific laws to manage dog aggression will not work. More>>

ALSO:

Not Waiting On Select Committee: Green Party Releases Medically-Assisted Dying Policy

“Adults with a terminal illness should have the right to choose a medically assisted death,” Green Party health spokesperson Kevin Hague said. “The Green Party does not support extending assisted dying to people who aren't terminally ill because we can’t be confident that this won't further marginalise the lives of people with disabilities." More>>

ALSO:

General Election Review: Changes To Electoral Act Introduced

More effective systems in polling places and earlier counting of advanced votes are on their way through proposed changes to our electoral laws, Justice Minister Amy Adams says. More>>

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news