Podcasts about Commerce Commission

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Best podcasts about Commerce Commission

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Latest podcast episodes about Commerce Commission

RNZ: Checkpoint
Jetstar fined over $2m for misleading customers

RNZ: Checkpoint

Play Episode Listen Later Sep 1, 2025 5:59


Jetstar has been fined over $2 million for misleading over compensation entitlements. Jetstar earlier pleaded guilty to more than twenty charges of breaching the FairTrading Act and was sentenced at the Auckland Dstrict Court today. The Commerce Commission, took the airline to court, saying it had wrongly denied customer compensation among other breaches. Commerce Commission General Manager of Competition, Vanessa Horne spoke to Lisa Owen.

RNZ: Rural News
Midday Rural News for 29 August 2025

RNZ: Rural News

Play Episode Listen Later Aug 29, 2025 7:08


The Commerce Commission wants to hear from fruit and veggie growers regarding supermarket buyers.

RNZ: Morning Report
Business News for 29 August 2025

RNZ: Morning Report

Play Episode Listen Later Aug 28, 2025 5:10


The Commerce Commission has spelt out its priorities for enforcing compeittion and fair trading laws.

Business  News
Business News for 29 August 2025

Business News

Play Episode Listen Later Aug 28, 2025 5:10


The Commerce Commission has spelt out its priorities for enforcing compeittion and fair trading laws.

Canterbury Mornings with Chris Lynch
John MacDonald: The not-so-super rescue plan for shoppers

Canterbury Mornings with Chris Lynch

Play Episode Listen Later Aug 28, 2025 4:50 Transcription Available


It's just over four years since the Commerce Commission released its first report on the supermarket sector in New Zealand and, yesterday, the Government announced what it's going to do. Which, in my view, will achieve nothing. To be fair, Nicola Willis wasn't in Government four years ago and it was Labour that received that first report and went about hiring the Grocery Commissioner. Who, I think we can all agree, has done next-to-nothing. My supermarket bills certainly haven't got any cheaper since he's been at his desk. So the Government is going to make a change to the fast track legislation specifically targeted at making it quicker for an overseas operator to move in to New Zealand and start building supermarkets here. The law change is going to be done by Christmas and then the likes of Aldi and Lidl will be falling over themselves rushing to set-up shop here. As if. Because it's been my view all along that, if these overseas outfits wanted to be here, they would. A country the size of ours means nothing to the other big operators. No matter how much red tape the Government wants to get rid of. Bearing in mind too, that no supermarket chain is a charity. Let's take German operator Aldi - which is often touted as an international operator that could come here and create more competition. It's kind-of here already. Because it's been registered with the New Zealand Companies Office since 2000. But it hasn't bothered doing anything more than that - focusing on Australia, instead. But, despite Aldi operating across the Tasman, Australians are still paying through the nose. The Australian Competition and Consumer Commission put-out a report earlier this year saying that Aldi is among the most profitable supermarket chains in the world. Prices in Australia have risen sharply over the past five years, with the supermarkets increasing profit margins during that time. Aldi being one of them. As for Nicola Willis claiming that Costco might want to set up a few more stores, that wouldn't make supermarket prices cheaper for people everywhere. The Minister has acknowledged that she doesn't see this as any sort of overnight fix. She says the lack of competition in the supermarket sector has developed over the past 20-or-30 years and told Newstalk ZB today that she'll know this policy has worked when we have another competitor operating in all the main urban centres. Don't hold your breath, minister. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Shared Lunch
What's going on with NZ's power grid?

Shared Lunch

Play Episode Listen Later Aug 27, 2025 31:02 Transcription Available


Stewart Hamilton is 12 months into his role as CEO of Mercury NZ—and despite a record-dry year and a dip in earnings, he's forecasting a billion-dollar 2026. In this episode, he lays out what’s next for Mercury and its investors. How are Mercury and other big players teaming up to secure NZ’s troubled power supply—and are they forming an energy "cartel" in the eyes of the Commerce Commission? Would breaking up the big energy gentailers help make electricity affordable, or is the current model more efficient? Does the Government’s stake in Mercury create a conflict of interest? Hear about the "renaissance" of geothermal energy, Mercury’s focus on new generation projects, and the role New Zealand could play in training AI. For more or to watch on YouTube—check out http://linktr.ee/sharedlunch Shared Lunch is brought to you by Sharesies Australia Limited (ABN 94 648 811 830; AFSL 529893) in Australia and Sharesies Limited (NZ) in New Zealand. It is not financial advice. Information provided is general only and current at the time it’s provided, and does not take into account your objectives, financial situation and needs. We do not provide recommendations and you should always read the disclosure documents available from the product issuer before making a financial decision. Our disclosure documents and terms and conditions—including a Target Market Determination and IDPS Guide for Sharesies Australian customers—can be found on our relevant Australian or NZ website. Investing involves risk. You might lose the money you start with. If you require financial advice, you should consider speaking with a qualified financial advisor. Past performance is not a guarantee of future performance. Appearance on Shared Lunch is not an endorsement by Sharesies of the views of the presenters, guests, or the entities they represent. Their views are their own.See omnystudio.com/listener for privacy information.

Early Edition with Kate Hawkesby
Ryan Bridge: The Govt should have fast tracked supermarkets years ago

Early Edition with Kate Hawkesby

Play Episode Listen Later Aug 27, 2025 2:12 Transcription Available


All good so far from Nicola Willis on supermarkets. She's got to the nub of the problem, which is basically red tape. Governments of all stripes, including her, have been quick to point the finger at private enterprise for high prices. And there's truth in that, but most haven't looked in the mirror like Willis did yesterday and admit it's them that also has a problem. We all do, really. Everybody moans about prices but then moans about construction of anything new - not in my backyard. Consultation up the wazoo, committees, petitions, Duncan Webb on a soapbox - that's democracy. Like Churchill said, the lesser of two evils. It's taken them two years to get here, but they could have just listened to our interview with the former Managing Director of Costco back in March - he told us all this then. The other big problems were real estate prices and shipping - getting goods here on their timeframes. I predicted this (humble brag) all last week. They'll tinker round with fast-track and consumer laws and plaster their pressers with the threat of breaking up the duopoly. Divestment. Forcing Pak'nSave to sell some stores to a new entrant, forcing Foodstuffs to sell some distribution centres. What I said last week is still true now, ACT won't go for it. Plus, the even the Commerce Commission said it's risky as. Cost could outweigh benefits. So, Willis should stop with the threats. If you own a supermarket right now and your livelihood is being threatened, are you going to invest? Hire staff? Plan expansions? The threat is purely political and could end up doing the opposite of what Willis wants it to. Put it in the bin.See omnystudio.com/listener for privacy information.

RNZ: Checkpoint
Jetstar apologises to customers as it faces fines

RNZ: Checkpoint

Play Episode Listen Later Aug 21, 2025 4:07


Budget airline Jetstar has apologised for letting down its New Zealand customers as it faces a potentially hefty fine after pleading guilty to misleding flyers about their rights. The Commerce Commission took the airline to court claining it discouraged people from seeking compensation for delayed or cancelled flights. Jetstar representatives have been in the Auckland district court for a sentencing hearing. In a statement it said it takes full responsiblity for the mistakes and has been contacting customers to ensure they get what they are entitled to. Felix Walton was in court and spoke to Lisa Owen.

SunCast
846: Balancing State Energy Goals with Federal Uncertainty | Doug Scott, Illinois Commerce Commission (ICC) Chair

SunCast

Play Episode Listen Later Aug 19, 2025 22:10


A new wave of power demand is here. Is the grid ready? And can States keep up?Doug Scott, now in his second term as Chairman of the Illinois Commerce Commission, joins Nico to share how Illinois is navigating the accelerating pace of the energy transition. From integrating energy storage to regulating gigawatt-scale data centers, the ICC isn't moving at glacial speed anymore—it's sprinting.Does Illinois provide a glimpse into the agency that individual States have in managing their way through this energy transition? Doug reveals the behind-the-scenes challenges of regulating clean energy deployment while keeping costs in check and reliability rock-solid. In this conversation, we unpack how Illinois plans to balance electrification, equity, and economic growth—all while trying to avoid ratepayer whiplash. Plus, we dig into the legislation that almost passed and what's still on the table for 2025. Expect to learn:

The New Zealand Initiative
How professional licencing restricts competition

The New Zealand Initiative

Play Episode Listen Later Aug 13, 2025 30:07


In this episode, Eric talks to Ben Hamlin, Barrister at Clifton Chambers, about new Commerce Commission guidelines on occupational regulation and how professional licencing systems can restrict competition and increase prices for consumers. They discuss how government-created licencing boards often operate like cartels by limiting who can enter professions, and how the Commission's new guidance aims to prevent these anti-competitive practices. Related links: • Cabinet Office Circular CO (99) 6: Policy framework for occupational regulation. - https://www.dpmc.govt.nz/publications/co-99-6-policy-framework-occupational-regulation • Commerce Commission. 2025. Occupational regulation guidelines. - https://comcom.govt.nz/__data/assets/pdf_file/0032/367556/Occupational-Regulations-Guidelines-July-2025.pdf

RNZ: Morning Report
Complaints against early childhood education advocacy group filed with commerce commission

RNZ: Morning Report

Play Episode Listen Later Aug 12, 2025 2:47


An organisation representing early childhood centre owners and managers has filed a complaint with the commerce commission about a sector advocacy group called the 'Office of Early Childhood Education'. Alexa Cook reports.

RNZ: Morning Report
Electric Kiwi on Gentailers Contact, Meridian and Mercury application to buy into Huntly Power Station

RNZ: Morning Report

Play Episode Listen Later Aug 7, 2025 5:10


Electric Kiwi says an application by Gentailers Contact, Meridian and Mercury to buy into Genesis' operation of the Huntly Power Station needs significant scrutiny from the Commerce Commission to prevent "cartel conduct". Electric Kiwi chief executive Huia Burt spoke to Corin Dann.

Early Edition with Kate Hawkesby
Ernie Newman: Grocery Policy Expert on food prices being the fifth in the developed world

Early Edition with Kate Hawkesby

Play Episode Listen Later Aug 7, 2025 4:52 Transcription Available


A view higher than average grocery prices show something's clearly wrong with our grocery sector. The Commerce Commission's revealed our prices are the fifth-highest in the developed world. It highlights the market doesn't support new players and major supermarkets continue to wield power over smaller stores. Grocery policy expert Ernie Newman told Ryan Bridge there's no good reason for us to pay so much. He says for a country that's an extremely efficient food producer, we should be paying way below the OECD average – which we used to. LISTEN ABOVE See omnystudio.com/listener for privacy information.

The Mike Hosking Breakfast
Sue Chetwin: Grocery Action Group Chair on the Commerce Commission report revealing rising supermarket prices

The Mike Hosking Breakfast

Play Episode Listen Later Aug 6, 2025 3:35 Transcription Available


Grocery prices will continue to hit Kiwi consumers and our economy hard. A report by the Commerce Commission shows prices are increasing again this year after appearing to stabilise last year. It's revealed we now pay the fifth highest grocery prices in the developed world. Grocery Action Group Chair Sue Chetwin told Mike Hosking the competition in New Zealand isn't particularly healthy. She says that unless the two major supermarkets know that they're going to face proper regulation or something big will happen to them, they can continue to charge high prices. LISTEN ABOVE See omnystudio.com/listener for privacy information.

Heather du Plessis-Allan Drive
Pierre van Heerden: Grocery Commissioner on NZ having the fifth highest grocery prices in the developed world

Heather du Plessis-Allan Drive

Play Episode Listen Later Aug 6, 2025 5:56 Transcription Available


Competition's lacking in the supermarket sector and Kiwis are struggling to put food on the table. The Commerce Commission's Annual Grocery Report's revealed our grocery prices are the fifth-highest in the developed world. It highlights the market isn't supportive of new players, and major supermarkets continue to wield power over smaller stores. Grocery Commissioner Pierre van Heerden says extra competition is key to bringing prices down more. "That's why we're so focused on using all the tools we have available to ensure that we do get competition going in the market for the long term." LISTEN ABOVESee omnystudio.com/listener for privacy information.

Early Edition with Kate Hawkesby
Full Show Podcast: 07 August 2025

Early Edition with Kate Hawkesby

Play Episode Listen Later Aug 6, 2025 34:31 Transcription Available


On the Early Edition with Ryan Bridge Full Show Podcast 2025 Thursday 7th of August, fuel taxes are out and road user charges are in for everyone, National Road Carriers Association CEO Justin Tighe-umbers tells Ryan how much of an impact it will make. According to a Commerce Commission report, the big two supermarket chains still dominate with 82% market share. Unemployment's at its highest level since 2020, with retail hit hard, Retail NZ CEO Carolyn Young tells Ryan how bad the job market is looking. Plus US Correspondent Katie Fisher has the latest on US Envoy Steve Witkoff meeting with Putin in Moscow. Get the Early Edition Full Show Podcast every weekday on iHeartRadio, or wherever you get your podcasts. LISTEN ABOVE See omnystudio.com/listener for privacy information.

Kerre McIvor Mornings Podcast
Mike Roan: Meridian Energy CEO on the 10-year coal deal for Huntly Power Station

Kerre McIvor Mornings Podcast

Play Episode Listen Later Aug 5, 2025 11:28 Transcription Available


Big players in the energy space are putting forward a new 10-year deal they say will secure supply at Huntly Power Station. Genesis, Mercury, Meridian and Contact have agreed to co-invest in a strategic energy reserve – pending Commerce Commission approval. It includes adding up to 600-thousand tonnes of coal to current stocks. Meridian Energy CEO Mike Roan told Kerre Woodham that although some may find it surprising, it's more cost effective to import coal than it is to mine it in New Zealand. He says the Huntly deal will give them 10 years of confidence in thermal fuel that they can use to continue investing in renewable generation. LISTEN ABOVE See omnystudio.com/listener for privacy information.

RNZ: Morning Report
Calls for anonymous reporting of unfair electricity industry practices

RNZ: Morning Report

Play Episode Listen Later Aug 4, 2025 2:44


The Commerce Commission is calling for business customers to anonymously report unfair or anti-competitive electricity industry practices. Commerce Commission chair John Small spoke to Ingrid Hipkiss.

Early Edition with Kate Hawkesby
Ryan Bridge: Coal keeps the lights on

Early Edition with Kate Hawkesby

Play Episode Listen Later Aug 4, 2025 2:53 Transcription Available


We need to be a bit practical about this business of importing coal. Yesterday Genesis, Mercury, Meridian, and Contact announced they're going to stockpile up to 600,000 tonnes of coal to keep the lights on at Huntly power station. The deal needs Commerce Commission's approval so it doesn't look like they're colluding on price, but the idea struck a deal, which still needs Commerce Commission approval, to keep the lights on at Huntly. The coal gives them a back up for times when we're low on electricity, when the lake levels are low, and the wind isn't blowing. Huntly is the largest electricity generation site in the country. It needs fuel to run on. Eventually, they'd like it to be all biomass and green, friendly fuels. But in the meantime, they need something reliable to keep things chugging along so as we avoid another energy crunch like last year when spot prices went berserk because we realised how little gas have in this country. And queue the predicable outcries of disbelief and feigned shock from some quarters in reaction. Including those climate protesters, who I can only assume are still disrupting operations at the Stockton mine in the South Island. Last I saw, there was some woman up there in the bucket, health and safety be damned, zooming into a call with a journalist. Surrounded by a plethora of plastic in things like cabling, cell phones, battery packs, tools, even a helmet, she explained that coal was evil and would eventually ruin kill the planet. Never mind the fact her presence in the bucket meant workers were now having to truck their coal from one site to another using diesel, rather than the aerial rope pulley system whose bucket she and her plastic fantastic friends were occupying. No shame either, apparently, about a helicopter flying in, on AV gas, to check on the protesters after a bit of rain. The reality is this. Nobody's saying coal is amazing and is the only solution to our problem and let's burn it till we all burn. They're just saying, we need this reliable fuel to tide us over till we don't need it anymore. If the choice is to either burn coal or have a cold shower, I know what I'd be doing. And let's not forget that even if we did stop digging up coal and using it to heat our homes occasionally, some other country would be just that anyway. See omnystudio.com/listener for privacy information.

The Front Page
Contactless payment charges banned - are there more bank fees the Government could get rid of?

The Front Page

Play Episode Listen Later Jul 29, 2025 21:22 Transcription Available


We’ve all been caught out when using PayWave or contactless payment in stores, where we think we know how much we’re paying and then a surcharge adds a tiny bit more on that final price. Well, that’s about to change. The Government is planning to ban retailers from being able to add surcharges to most in-store card payments. It follows a decision by the Commerce Commission last week to reduce interchange fees paid by businesses for accepting credit card payments. So what does this all mean for consumers and business owners… are there more savings that could be made on these fees, or are they a consequence of trying to attract more competition to the market? Today on The Front Page, Massey University Associate Professor from the School of Accountancy, Economics and Finance, Claire Matthews, is with us to break down what this all means for you. Follow The Front Page on iHeartRadio, Apple Podcasts, Spotify or wherever you get your podcasts. You can read more about this and other stories in the New Zealand Herald, online at nzherald.co.nz, or tune in to news bulletins across the NZME network. Host: Chelsea DanielsEditor/Producer: Richard MartinProducer: Ethan SillsSee omnystudio.com/listener for privacy information.

RNZ: Checkpoint
Surcharges on PayWave etc to be banned

RNZ: Checkpoint

Play Episode Listen Later Jul 28, 2025 6:51


Tapping or swiping your bank cards is about to get cheaper for shoppers, as the government announced it is set to ban surchages for paywave by 2026. The Commerce Commission estimates Kiwis pay about $150 million in card surcharges each year, including up to $65 million in excessive charges. Commerce & Consumer Affairs Minister, Scott Simpson spoke to Lisa Owen.

Heather du Plessis-Allan Drive
Ankit Bansal: Dairy and Business Owners Group chair on the Government banning in-store card surcharges

Heather du Plessis-Allan Drive

Play Episode Listen Later Jul 28, 2025 1:43 Transcription Available


The Government's recent ban on on payment card surcharges has been met with criticism from the retail and hospitality sectors. The Government's announced it will scrap extra in-store card fees by next May. The Commerce Commission has already reduced bank interchange visa and master card fees for businesses. Dairy and Business Owners Group chair Ankit Bansal says these proposed changes are 'unfair' as the banks can still charge whatever transaction fees they like. "These will likely have to be passed on to the consumers - the problem is, we would have to do it across the board. So even if someone was paying with cash, one way or another, we're paying for these charges." LISTEN ABOVESee omnystudio.com/listener for privacy information.

Best of Business
Ankit Bansal: Dairy and Business Owners Group chair on the Government banning in-store card surcharges

Best of Business

Play Episode Listen Later Jul 28, 2025 1:51 Transcription Available


The Government's recent ban on on payment card surcharges has been met with criticism from the retail and hospitality sectors. The Government's announced it will scrap extra in-store card fees by next May. The Commerce Commission has already reduced bank interchange visa and master card fees for businesses. Dairy and Business Owners Group chair Ankit Bansal says these proposed changes are 'unfair' as the banks can still charge whatever transaction fees they like. "These will likely have to be passed on to the consumers - the problem is, we would have to do it across the board. So even if someone was paying with cash, one way or another, we're paying for these charges." LISTEN ABOVESee omnystudio.com/listener for privacy information.

RNZ: Checkpoint
Local food delivery company struggling against competition

RNZ: Checkpoint

Play Episode Listen Later Jul 25, 2025 5:27


Getting food delivered to the door has become a huge business, and in one New Zealand town the competition between two operators has led to complaints to the Commerce Commission. Nelson's Yummi food delivery business launched a decade ago but in recent years it has struggled. Two years ago another Kiwi-owned nationwide company, DeliverEasy, Yummi began losing clients. Yummi founder George Evans spoke to Melissa Chan-Green.

Business  News
Midday Business News for 25 July 2025

Business News

Play Episode Listen Later Jul 25, 2025 8:19


The Commerce Commission has raised concern about the glass sector takeover.

Economy Watch
Currency markets reset as tariff taxes bite

Economy Watch

Play Episode Listen Later Jul 22, 2025 5:25


Kia ora,Welcome to Wednesday's Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.I'm David Chaston and this is the international edition from Interest.co.nz.And today we lead with news precious metals prices are having a moment - in US dollars at least, largely because the US dollar is extending its retreat. The same impact is affecting commodities like copper. Prices are rising in the US as a consequence of tariff-taxes which are pushing down the value of the greenback.But first, the dairy Pulse auction for SMP and WMP brought better results than the futures markets expected. SMP was up +1.7% and slightly better than the +1.5% expected. But the big mover was WMP which rose +1.5% when a -4% retreat was expected. The continuation of better prices will be something of a quiet relief in this industry.In the US. the retail impulse continued to expand last week, up +5.1% from a year ago. But the suspicion lingers that much of this is the inclusion of tariff taxes, despite what the CPI indicates.And those tariff taxes hurt the results in the latest Richmond Fed factory survey. This was their worst result in ten months and was led by a sharp retreat in new orders. Input cost growth stayed up.The cost of those tariff-taxes on US companies was on full display in US earnings reports. For Stellantis (Chrysler) it was US$300 mln, for GM US$1 bln. Both ate away at reported profits significantly. It is hard to see these type of companies absorbing costs like this for much longer.Across the Pacific, Taiwanese export orders continued their outstanding growth, up almost another +-25% in June from the same month in 2024 which itself led year-ago levels. It is hugely impressive and continues a very strong 2025 monthly set. It is their electronics industry leading the way.Sentiment in Japan bounced back yesterday as it became a clearer bet that Prime Minister Shigeru Ishiba is expected to remain in office despite the embarrassing performance of his party at the recent upper house elections. But holding on, he will be a damaged leader. The upstart ‘Japanese First' Sanseito party has emerged as powerful force after these elections, and that was despite a 'secret' Russian campaign to support them (and destabilise Japan) that was exposed before voting.In the Europe, the ECB's latest credit survey fund a twist towards housing lending there. While credit standards for company loans remained broadly unchanged, credit standards tightened slightly for housing loans and more markedly for consumer credit. But this was because housing loan demand continued to increase strongly, while demand for company loans remained weak.In Australia, the vultures are out targeting vulnerable borrowers who are debt stressed. It has ASIC worried and they have launched a review into the debt management and credit repair sector in an effort to protect those experiencing financial hardship. Expect the Commerce Commission here to assess whether it needs to do similar work.Staying in Australia, the RBA released the minutes of its July 8 meeting and they revealed little new. They left its cash rate steady at 3.85% at this meeting, defying market forecasts for a -25 bps cut. The move was passed by majority vote, six in favour and three against. These minutes were full of "wait and see" sentiment, "data dependent" notes. Part of the waiting-to-see is because they doubt Trump will actually do what he threatens. They buy the TACO view apparently.The UST 10yr yield is now at 4.34%, down -3 bps from yesterday at this time. The price of gold will start today at US$3,427/oz, up another +US$34 from yesterday. And that almost matched its record high on April 21.And the silver price has pushed on up over US$39/oz It isn't yet threatening its 2011 peaks (US$48) but the recent climb has some people quite excited.American oil prices are -US$2 softer at just on US$65/bbl but the international Brent price is only down -50 USc at just under US$68.50/bbl.The Kiwi dollar is now at 60 USc and up +25 bps from yesterday. Against the Aussie we are unchanged at 91.6 AUc. Against the euro we are also little-changed at 51.1 euro cents. That all means our TWI-5 starts today at just on 67.5, up +10 bps from yesterday.The bitcoin price starts today at US$119,198 and up +1.1% from this time yesterday. Volatility over the past 24 hours has remained modest, at just under +/-1.2%.You can get more news affecting the economy in New Zealand from interest.co.nz.Kia ora. I'm David Chaston. And we will do this again tomorrow.

Heather du Plessis-Allan Drive
Jon Duffy: Consumer NZ chief executive on the Commerce Commission filing charges against Noel Leeming over ‘Price Promise' claims

Heather du Plessis-Allan Drive

Play Episode Listen Later Jul 21, 2025 3:03 Transcription Available


Consumer NZ says complaints against Noel Leeming go beyond its price-matching policy. The tech retailer is facing criminal charges brought by the Commerce Commission - accusing it of making misleading promises. Noel Leeming's strongly rejecting the claim, and says it will vigorously defend its stance. But Consumer NZ chief executive, Jon Duffy, says the company's also charged with misleading people about their consumer rights. "If people are taking things back to the store and getting mislead about their rights to a refund or a replacement, that's very concerning". LISTEN ABOVESee omnystudio.com/listener for privacy information.

The Re-Wrap
THE RE-WRAP: Who'd Be an Economist?

The Re-Wrap

Play Episode Listen Later Jul 21, 2025 13:54 Transcription Available


THE BEST BITS IN A SILLIER PACKAGE (from Tuesday's Mike Hosking Breakfast) Seriously. What Do They Do All Day?/What Does the Commerce Commission Do All Day?/Tribunal Shock Decision/My Darkest Secret/Why Is This Still RacistSee omnystudio.com/listener for privacy information.

Best of Business
Jon Duffy: Consumer NZ chief executive on the Commerce Commission filing charges against Noel Leeming over ‘Price Promise' claims

Best of Business

Play Episode Listen Later Jul 21, 2025 3:12 Transcription Available


Consumer NZ says complaints against Noel Leeming go beyond its price-matching policy. The tech retailer is facing criminal charges brought by the Commerce Commission - accusing it of making misleading promises. Noel Leeming's strongly rejecting the claim, and says it will vigorously defend its stance. But Consumer NZ chief executive, Jon Duffy, says the company's also charged with misleading people about their consumer rights. "If people are taking things back to the store and getting mislead about their rights to a refund or a replacement, that's very concerning". LISTEN ABOVESee omnystudio.com/listener for privacy information.

Heather du Plessis-Allan Drive
Carolyn Young: Retail NZ Chief Executive on the Commerce Commission announcing new regulations for interchange fees

Heather du Plessis-Allan Drive

Play Episode Listen Later Jul 17, 2025 3:58 Transcription Available


Retail NZ is criticising the Commerce Commission's regulatory change to card payment fees. The Commission today announced new regulations on interchange fees, reducing charges to businesses for taking Visa and Mastercard payments. Retail NZ Chief Executive Carolyn Young says it's a complex issue - and these changes won't address everything. "This is one part of the merchant service fee, there's about 5 or 6 fees depending on how you structure your payment portfolio that may cut the merchant service fee. The Commerce Commission has said they won't get that fee down to one percent maximum." LISTEN ABOVESee omnystudio.com/listener for privacy information.

Best of Business
Carolyn Young: Retail NZ Chief Executive on the Commerce Commission announcing new regulations for interchange fees

Best of Business

Play Episode Listen Later Jul 17, 2025 4:07 Transcription Available


Retail NZ is criticising the Commerce Commission's regulatory change to card payment fees. The Commission today announced new regulations on interchange fees, reducing charges to businesses for taking Visa and Mastercard payments. Retail NZ Chief Executive Carolyn Young says it's a complex issue - and these changes won't address everything. "This is one part of the merchant service fee, there's about 5 or 6 fees depending on how you structure your payment portfolio that may cut the merchant service fee. The Commerce Commission has said they won't get that fee down to one percent maximum." LISTEN ABOVESee omnystudio.com/listener for privacy information.

RNZ: Nine To Noon
ComCom cuts transaction fees

RNZ: Nine To Noon

Play Episode Listen Later Jul 16, 2025 10:03


The Commerce Commission has confirmed it will reduce how much banks can charge to process credit card payments, which it says will save Kiwi businesses $90 million a year.

The Mike Hosking Breakfast
John Small: Commerce Commission Chair on the measures aiming to drive down electricity prices

The Mike Hosking Breakfast

Play Episode Listen Later Jul 16, 2025 4:55 Transcription Available


Electricity companies could face further rules if the latest measures to drive down prices don't work. The Electricity Authority's moving to require power companies to charge less for power during off-peak periods and pay more for solar and battery power during peak periods. But it hasn't stated how much lower off-peak prices actually need to be. Commerce Commission Chair John Small —a member of the authority's Energy Competition Task Force— told Heather du Plessis-Allan they're hoping competition will drive down off-peak prices. He says they want to see how things go, but the regulator will need to consider further action if things don't go as planned. LISTEN ABOVE See omnystudio.com/listener for privacy information.

RNZ: The Panel
The Panel with Aimie Hines and Tim Batt Part 1

RNZ: The Panel

Play Episode Listen Later Jul 15, 2025 24:16


Tonight on The Panel, Wallace Chapman is joined by panellists Aimie Hines and Tim Batt. Last night Tasman resident Rose Renton told the story of her home being caught in two floods. Could dredging of the Wai-iti River have made a difference? And if so why does the Tasman District Council restrict it? Tonight the Tasman District Council answers Rose's concerns. The Panel also hears from Sue Chetwin, chair of the Grocery Action Group about the Commerce Commission's plans to take legal action against Foodstuffs North Island and its subsidiary Gilmours Wholesale for alleged "cartel behaviour".

national panel hines tasman wai aimie tim batt commerce commission foodstuffs north island sue chetwin wallace chapman
Heather du Plessis-Allan Drive
Andy Matthews: competition lawyer on the Commerce Commission taking Foodstuffs North Island and Gilmours Wholesale to court

Heather du Plessis-Allan Drive

Play Episode Listen Later Jul 15, 2025 7:25 Transcription Available


The Commerce Commission is taking Foodstuffs North Island and its subsidiary Gilmours Wholesale to court, citing what it labels 'cartel conduct'. The regulator has alleged that the retailers pressured a supplier into an agreement to redirect supply through them. Competition lawyer Andy Matthews says it's all allegations at this stage, but New Zealand has very 'broad' cartel laws. "What it means is - pretty much any agreement with an actual or potential competitor probably has a cartel provision. And it's up to the party who's entered into the alleged cartel provision to demonstrate an exception that the Commerce Act applies." LISTEN ABOVESee omnystudio.com/listener for privacy information.

RNZ: Nine To Noon
Business commentator Dileepa Fonseka

RNZ: Nine To Noon

Play Episode Listen Later Jul 14, 2025 20:48


The Commerce Commission is taking Foodstuffs North Island and Gilmours to court, alleging cartel behaviour. 

RNZ: Morning Report
Commerce Commission files civil proceedings against Foodstuffs North Island

RNZ: Morning Report

Play Episode Listen Later Jul 14, 2025 5:25


The Commerce Commission is filing civil proceedings against Foodstuffs North Island and the wholesaler Gilmours - alleging cartel conduct. Matthews Law competition and commercial lawyer Andy Matthews spoke to Corin Dann.

RNZ: Morning Report
Morning Report Essentials for Tuesday 15 July 2025

RNZ: Morning Report

Play Episode Listen Later Jul 14, 2025 27:58


In today's episode, Auckland risks being cast into obscurity as "a global city" according to a just released report; The Commerce Commission is filing civil proceedings against Foodstuffs North Island and the wholesaler Gilmours - alleging cartel conduct; The future of four polytechs is uncertain as the government moves to un-wind the merger of Polytechs into the super-institute Te Pūkenga; You might pay $30,000 or more to a real estate salesperson to sell your home. But is it worth the money?

RNZ: Nine To Noon
Foodstuff's North Island gets warning from Commerce Commission

RNZ: Nine To Noon

Play Episode Listen Later Jul 1, 2025 16:19


The Commerce Commission has sent a warning to Foodstuffs North Island for 'uncooperative and unreasonable' behaviour towards a supplier.

RNZ: Morning Report
Grocery Action Group on proposed changes to Grocery Supply Code

RNZ: Morning Report

Play Episode Listen Later Jun 5, 2025 6:04


The Commerce Commission draft finding has asked major supermarket players to loosen their grip on the market. Changes are proposed to the Grocery Supply Code. In response, the Grocery Action Group says the plans aren't enough and shoppers deserve much better. Grocery Action Group chairperson Sue Chetwin spoke to Corin Dann.

Heather du Plessis-Allan Drive
Matthew Lane: Night 'n Day general manager on the Commerce Commission threatening a crackdown on supermarkets

Heather du Plessis-Allan Drive

Play Episode Listen Later Jun 5, 2025 4:41 Transcription Available


The Commerce Commission is proposing to give grocery suppliers a leg up in their dealings with the supermarket giants. The commission has proposed updates to the Grocery Supply Code, including stopping retailers charging suppliers for stocking shelves and requiring retailers to keep records on how they're complying with certain parts of the code. Night 'n Day general manager Matthew Lane says this crackdown comes with encouraging implications for the sector. "What's most encouraging for us is that the CommComm's cracking down on the fact that other retailers are being charged more for their wholesale than what the supermarkets are actually retailing the same products for." LISTEN ABOVESee omnystudio.com/listener for privacy information.

Heather du Plessis-Allan Drive
Full Show Podcast: 05 June 2025

Heather du Plessis-Allan Drive

Play Episode Listen Later Jun 5, 2025 101:04 Transcription Available


On the Heather du Plessis-Allan Drive Full Show Podcast for Thursday 5th June 2025, The Māori Party's Privileges Committee decision finally comes to a vote. Political commentator Bryce Edwards speaks to Heather. Matthew Lane, the general manager of Night 'n Day reacts to the Commerce Commission's latest attempt to crack down on anti-competitive practices from the supermarkets. Former trade negotiator Stephen Jacobi says the Government is making good strides in its effort to avoid further tariffs from Donald Trump. Plus, the Huddle talks about Westgold raising their prices in response to butter raffles being held at schools around the country. Get the Heather du Plessis-Allan Drive Full Show Podcast every weekday evening on iHeartRadio, or wherever you get your podcasts. LISTEN ABOVESee omnystudio.com/listener for privacy information.

RNZ: Morning Report
Consumer NZ on proposed changes to Grocery Supply Code

RNZ: Morning Report

Play Episode Listen Later Jun 4, 2025 5:32


The Commerce Commission is proposing changes to the Grocery Supply Code but Consumer NZ chief executive Jon Duffy believes the changes don't go far enough. Duffy spoke to Corin Dann.

The Mike Hosking Breakfast
Pierre van Heerden: Grocery Commissioner on the draft simplified grocery code

The Mike Hosking Breakfast

Play Episode Listen Later Jun 4, 2025 5:52 Transcription Available


The Commerce Commission's making moves to level the playing field in the grocery sector. It's found the big supermarket players are shovelling in billions of dollars a year through supplier charges and promotional pricing, which largely isn't reaching consumers. It's proposed a simplified grocery code that limits the range of payments supermarkets can charge suppliers. Grocery Commissioner Pierre van Heerden told Mike Hosking it's about taking away all the carve-outs. He says smaller suppliers currently have difficulty pushing back against large supermarkets because of the power imbalance. LISTEN ABOVE See omnystudio.com/listener for privacy information.

The Mike Hosking Breakfast
Phil Cumming: Warehouse Group Sustainability and Ethical Sourcing GM on the push for right to repair legislation

The Mike Hosking Breakfast

Play Episode Listen Later May 13, 2025 4:45 Transcription Available


The Warehouse is pushing for potential 'right to repair' legislation to hold overseas manufacturers accountable. The retailer's among companies taking part in the select committee process for the Right to Repair Amendment Bill. It aims to reduce waste, create a repair workforce, and cut costs for consumers. Warehouse Group Sustainability and Ethical Sourcing GM Phil Cumming told Mike Hosking the Commerce Commission isn't doing enough when overseas products don't meet expectations. He says consumers are often turning to retailers instead of manufacturers, which is why clearer, stronger rules are needed. LISTEN ABOVE See omnystudio.com/listener for privacy information.

The Mike Hosking Breakfast
Stephanie Tully: Jetstar CEO on the increased reliability of the airline

The Mike Hosking Breakfast

Play Episode Listen Later May 12, 2025 11:10 Transcription Available


More people could be set to fly Jetstar due to ongoing angst around aviation prices. This comes following a Commerce Commission complaint from a man who was stunned by the cost of an Air New Zealand direct flight to Wellington. The airline defended its prices, saying their fares reflected the 'true cost of flying'. Jetstar CEO Stephanie Tully told Mike Hosking travel remains important to people, and they play an important role. She says most people are feeling a cost of living pressure, and that's where Jetstar becomes a good choice. It's also seen an uptick in reliability. Tully says that based on their operational performance report, they were more reliable than Air New Zealand in March. LISTEN ABOVE See omnystudio.com/listener for privacy information.

The Mike Hosking Breakfast
John Carnegie: Energy Resources Aotearoa CEO on the investment into the Cook Strait electricity cable

The Mike Hosking Breakfast

Play Episode Listen Later May 7, 2025 2:14 Transcription Available


A $1.4 billion upgrade could be on the way for Transpower's Cook Strait electricity cable. The 610 kilometre link is a transmission system connecting the North and South islands, installed in 1991. The existing cables are likely to reach their end of life in the late 2030s. Energy Resources Aotearoa CEO John Carnegie told Mike Hosking the Commerce Commission will need to review that. He says they'll need to ensure the numbers are robust and the programme executable. LISTEN ABOVE See omnystudio.com/listener for privacy information.

RNZ: Checkpoint
Commerce Commission chair on Air NZ fare prices

RNZ: Checkpoint

Play Episode Listen Later May 2, 2025 7:37


The government's competition watchdog is keeping a close eye on the cost of domestic air travel, but the chair of the Commerce Commission's all but ruled out a market study suggesting it would do nothing to improve prices. John Small said the Commission has been investigating whether to do a competition study into the domestic aviation market, similar to recent studies into building supplies, the grocery and fuel markets. Small spoke to Lisa Owen.

RNZ: Nine To Noon
Our fair trading laws can deal with greenwashing claims

RNZ: Nine To Noon

Play Episode Listen Later Apr 21, 2025 15:51


CEO of Consumer NZ, Jon Duffy joins Kathryn to detail some wins the organisation has had with the Commerce Commission over some issues it's raised

RNZ: Checkpoint
Night ‘n Day wants access to supermarket home brands

RNZ: Checkpoint

Play Episode Listen Later Apr 8, 2025 8:20


A convenience store chain looking to bust up the big supermarket duopoly has a shopping list of what's needed to achieve that. The Woolworths and Foodstuffs chains dominate New Zealand's supermarket sector. A 2022 Commerce Commission report found they're making more than a million dollars in excess profits every day. Night ‘n Day chain general manager Matthew Lane spoke to Lisa Owen.