Credit Card fees must be regulated

Credit Card fees must be regulated

Bernard Hickey New Zealand has fallen behind Australia and Britain in using contactless payments because our light-handed regulation means bank fees are two to three times higher and retailers are revolting. Now the Government may have to regulate fees directly. In the telecommunications industry, it’s known as ‘bill shock.’ As soon as a customer gets an unexpectedly large bill during a…

Read More

Editorial Two – New Statute will open up banks and insurers

Issue 424 October 1, 2019 Commercial banks have brought down their grilled and glass-panelled counters, allowing for closer interaction with customers; insurers largely operate through brokers who reach across to people and offer them products and services, and most importantly, rise to every occasion to settle claims. But all is not well with the finance sector, with banks and insurance…

Read More

Temporary Visa changes will disrupt SMEs

Temporary Visa changes will disrupt SMEs

Raj Pardeep Singh Immigration New Zealand (INZ) announced on September 18, 2019 the long-awaited temporary work visa changes. Most of the changes that will affect employers more than migrant workers and will not happen until 2021. Migrant communities unimpressed These changes are not very impressive to migrant communities. The most effected people from these changes will be small to medium…

Read More