Ministry of Business’ latest try still doesn’t rein in rapacious financiers
ON THE MONEY: The ministry's review does not acknowledge that high costs are the single biggest determinant of bad outcomes.
Brent Sheather
Sun, 19 May 2019
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
After almost 10 years of bungled legislative initiatives designed to protect retail consumers from the rapacious profit appetites of financial institutions the Ministry of Business (MBIE) is having yet another go at getting things right.
Its latest effort is called The Conduct of Financial
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Brent Sheather
Sun, 19 May 2019
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
