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The Latest Breaking News from the Commerce Commission

Warring building supplies firms tie up critical NZ land with 999-year covenants

Big building supply companies have fended off competition by wrapping desirable blocks of land in legal constraints on generations of NZers, alarming the Commerce Commission into issuing a far-reaching warning. Jonathan Milne reports.

Newsroom.co.nz

Rising bank profits highlight tensions between competition watchdogs and central banks

With soaring mortgage rates expected to strain household budgets, there are calls – including from the Reserve Bank of New Zealand – for the Commerce Commission to investigate bank profits.

The Conversation

Amid fears for small players, big banks agree to a competition inquiry

Is NZ developing a two-tier banking system? There’s concern smaller savings institutions may be placed at greater risk, if customers follow Americans' flight to big banks this week. Jonathan Milne reports.

Newsroom.co.nz

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