Parliament

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

 

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

The Gili Islands: A Community Earthquake Recovery Effort

Joseph Cederwall travelled to the Gili Islands in October 2018 to talk to locals about their experiences of the event and witness the impact and the rebuild efforts on this unique ecotourism destination.

2018 was a difficult year for the Indonesian archipelago. This chain of fragile and largely low-lying islands is situated on a particularly unstable segment of the Pacific rim of fire. Last year the islands were hit by a series of devastating natural events including a series of Lombok, Sulawesi and Java based earthquakes and resultant tsunamis.More>>

 
 

DHBs "Prepared": Junior Doctors Strike Tuesday, Wednesday

The needs of acute patients will be met during tomorrow's junior doctor strike, a DHB spokesperson says... Almost 3000 junior doctors are expected to walk off the job, which will affect all DHBs apart from West Coast District Health Board. More>>

ALSO:

Gordon Campbell: On MBIE’s Social Media Scam

Given the ambit of MBIE’s work, almost any form of social activity could qualify as being part of MBIE’s brief, so the privacy threats posed by this training programme are extensive. The current oversight safeguards seem threadbare to non-existent. More>>

ALSO:

JusTrade: New Campaign For A 21th Century Trade Agenda

‘Critique is no longer enough. If anything is to really change, we need to step away from the existing framework and take a first-principles approach to rethinking what will work for the 21st century.’ More>>

Earlier:

Gordon Campbell: Thompson + Clark Are The Tip Of The Iceberg

How can we tell where and how any lines are being drawn? Oversight is not exactly robust. If it were, Thompson + Clark would have been out of contention for state security work ten years ago. More>>

Trainers: Taratahi Institute of Agriculture In Interim Liquidation

Taratahi employ 250 staff and this year has provided education to over 2500 students. Taratahi owns and manages 8 farms throughout the country. More>>

ALSO:

IPCA Report: Complaints About Deputy Commissioner Wallace Haumaha

The Authority has found that DC Haumaha acted improperly by approaching staff and others to provide information to support him to refute the allegations about his 2016 conduct, or solicited other staff to do so on his behalf... More>>

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels