New numbers show the Takata airbag compulsory recall in New Zealand has now seen 38,238 Alpha airbags replaced and 208,902 non-Alphas replaced – 45 percent of all Alpha airbags and 42 percent of non-Alphas.

Measures to trial a safety savings net for all New Zealanders and a plan that could create safe and affordable vehicle options including social leasing and community ride-sharing have been announced at the conclusion of the Financial Inclusion Industry Forum today. Banks and NGOs also agreed to improve access to simpler, safer credit for vulnerable people.

An industry forum for business, government and community agencies aims to ensure vulnerable consumers who need to borrow can do so safely, Commerce and Consumer Affairs Minister Kris Faafoi announced today.

Commerce and Consumer Affairs Minister Kris Faafoi has moved to tighten conduct when businesses fold by tabling a Supplementary Order Paper to the Insolvency Practitioners Bill.

Minister of Commerce and Consumer Affairs Hon Kris Faafoi today released the discussion paper outlining findings from the review of the Credit Contracts and Consumer Finance Act.

Minister of Commerce and Consumer Affairs Hon Kris Faafoi has told the payments sector that progress must be made on innovation and open banking.

Minister of Commerce and Consumer Affairs Kris Faafoi has urged the sector and public to get involved in proposed changes to the fees charged by the Intellectual Property Office of New Zealand (IPONZ).

Measures to increase transparency and combat misuse of New Zealand companies have been progressed today with the release of a discussion paper for consultation.

KiwiSaver annual statements will soon show projected balances at retirement and income figures to help consumers make better decisions about their savings.  

The Government has taken the next step towards ratification of the Marrakesh Treaty with the release of a draft Bill for public consultation, Commerce and Consumer Affairs Minister Kris Faafoi announced today.

Finance Minister Grant Robertson and Commerce and Consumer Affairs Minister Kris Faafoi have met with the Reserve Bank of New Zealand (RBNZ) and Financial Markets Authority (FMA) to discuss their previously announced review of the conduct and operations of the financial sector.

Commerce and Consumer Affairs Minister Kris Faafoi today announced the start of public consultation on New Zealand’s insurance contract law.

A popular online tool which lets business owners search company names, domain names and trade marks in one simple search, has been updated with new features to deliver better results and save p

Commerce and Consumer Affairs Minister Kris Faafoi announced today the beginning of public consultation on a new regime to provide fairer outcomes for victims of Ponzi schemes.

World Intellectual Property (IP) Day will be marked with an event giving centre stage to women known for their innovation and creativity.

Commerce and Consumer Affairs Minister Kris Faafoi today announced the appointment of Professor Prasanna Gai to the Financial Markets Authority Board.

Commerce and Consumer Affairs Minister Kris Faafoi today released for public consultation an exposure draft of changes to the Takeovers Code.

New Zealand Commerce and Consumer Affairs Minister Kris Faafoi and Australian Treasurer Scott Morrison have welcomed the cross-appointment of Australian Competition and Consumer Commission (ACCC) Commissioner Roger Featherston to the New Zealand Commerce Commission (NZCC).

Commerce and Consumer Affairs Minister Kris Faafoi met with the Takata airbag oversight group at its first meeting in Wellington last night.

Minister of Commerce and Consumer Affairs Hon Kris Faafoi told Parliament that he intends for market studies powers to be in place by the end of the year.

Commerce and Consumer Affairs Minister Kris Faafoi is encouraging public feedback on proposed regulations that will make it easier for consumers to understand the whole picture when receiving financial advice.

50,000 vehicles with Alpha-type Takata airbags are subject to a compulsory recall after Minister of Commerce and Consumer Affairs Kris Faafoi today acted to protect New Zealand drivers and passengers from the unsafe airbags.

New legislation introduced to Parliament today will ensure New Zealand consumers get fair and appropriate treatment by encouraging competitive markets and honest business, Commerce and Consumer Affairs Minister Kris Faafoi says.