28878 (2025). Arena Williams to the Minister of Commerce and Consumer Affairs

Written Question

Published date: 23 Jun 2025

Metadata

Document type:	Written Question
Parliament number:	54
Question number:	28878 (2025)
Question asked:	04 Jun 2025
Member asking:	Arena Williams
Portfolio:	Minister of Commerce and Consumer Affairs
Minister replying:	Hon Scott Simpson
Answer received:	16 Jun 2025
Status:	Question Answered
Reply type:	Reply
Document ID:	WQ_28878_2025
Document guid:	ad1de0ad-0923-489e-8154-0235fe819f5d

28878 (2025). Arena Williams to the Minister of Commerce and Consumer Affairs: Does the Minister agree with the lawyer acting on behalf of consumers taking class action against ANZ and ASB, that disclosure rules allow ordinary New Zealanders to understand their financial position?

Hon Scott Simpson: Yes, which are provided under the current Credit Contracts and Consumer Finance Act 2003 legislation.