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17 Jun 2024 5:34
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      Home > News > Business

    A tech bill will let consumers share data with service providers, with the aim of lowering prices

    A tech bill will let consumers share data with service providers, with the aim of lowering prices

    23 May 2024
    Banks, insurance, and power companies will be able to use consumer data, to compete with each other.

    Commerce and Consumer Affairs Minister Andrew Bayly says it could change the banking environment for consumers.

    He says Australia has similar laws, and banks there can offer loans in 10 minutes, simply through accessing customers' spending habits and income data.

    © 2024 Newstalk ZB, NZCity


     Other Business News
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     14 Jun: Experts say thousands of home owners face property value loss due to new flood modelling. In Melbourne, the process has begun
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     Top Stories

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    All Blacks playmaker Beauden Barrett has made his return to rugby on New Zealand shores, suiting up for Coastal in the Taranaki Premier club rugby competition yesterday More...

    BUSINESS BUSINESS
    Auckland train services are expected to continue to be impacted today -- with cancellations possible More...


     Today's News

    		 Business:
    Auckland train services are expected to continue to be impacted today -- with cancellations possible 5:17

     Law and Order:
    Police want to speak with people who saw a crash between a black SUV and a light truck and trailer near Hampton Downs on Friday 21:17

     International:
    Israeli military announces 'tactical pauses' in southern Gaza fighting to boost aid flow 21:07

     Environment:
    A severe thunderstorm warning's been issued for Wellington and the Wairarapa 18:57

     Netball:
    The Mainland Tactix are the new leaders in netball's ANZ Premiership 18:37

     Politics:
    NSW allocates $450 million for more than 400 build-to-rent homes for essential workers 18:17

     Law and Order:
    The body of a 26-year-old woman reported missing from Te Atatu Peninsula has been found 18:07

     Rugby League:
    The Edmonton Oilers have emphatically forced a game-five in ice hockey's Stanley Cup title series with an 8-1 game four win on home ice against the Florida Panthers 17:27

     Environment:
    A bout of rough weather is bound for the South Island's West Coast 16:57

     Rugby:
    All Blacks playmaker Beauden Barrett has made his return to rugby on New Zealand shores, suiting up for Coastal in the Taranaki Premier club rugby competition yesterday 16:17

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