News | Business
16 Jun 2024 8:35
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   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


    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
     15 Jun: Tough times for WorkSafe have been laid bare - in a newly released Cabinet paper
     14 Jun: Violent clashes in Buenos Aires as Argentina's President Javier Milei narrowly wins vote on radical economic reforms
     14 Jun: Experts say thousands of home owners face property value loss due to new flood modelling. In Melbourne, the process has begun
     14 Jun: Fruit and vegetable prices have dropped dramatically
     14 Jun: It keeps getting harder to find a job
     14 Jun: Ongoing industrial action is expected to affect those heading to tonight's Blues vs Brumbies Super Rugby semi-final at Auckland's Eden Park
     13 Jun: The decline in gas supply has led to production cuts and a 99-percent increase in coal-generated electricity - according to MBIE
     Top Stories

    RUGBY RUGBY
    Chiefs coach Clayton McMillan believes number eight Wallace Sititi has put himself in the mix for an All Blacks call-up More...


    BUSINESS BUSINESS
    Tough times for WorkSafe have been laid bare - in a newly released Cabinet paper More...



     Today's News

    Cricket:
    England's fate at cricket's T20 World Cup is finally back in their own hands 8:17

    Motoring:
    Returning to Oval racing in the NASCAR Xfinity Series hasn't suited Kiwi driver Shane van Gisbergen 8:07

    International:
    Migrant families are using dubbed versions of Bluey to help maintain their kids' connection to their cultural heritage 7:57

    Law and Order:
    Police are searching new locations in Waikato for missing father Tom Phillips and his three children 7:57

    Rugby League:
    Melbourne's NRL dominance over the Warriors has stretched to 16 straight wins over three thousand, two hundred and sixty-two days - and counting - following a 38-24 win at Mt Smart 7:47

    Health & Safety:
    New Zealand's lagging behind Australia when it comes to supporting those living with endometriosis 7:37

    International:
    Punks among grassroot groups providing hope as millions struggle with hunger in Myanmar 7:27

    Rugby:
    Chiefs coach Clayton McMillan believes number eight Wallace Sititi has put himself in the mix for an All Blacks call-up 7:27

    Rugby League:
    The Warriors' decade-long losing streak against Melbourne continues...with the Storm overcoming a horror start to win 38-24 in their NRL encounter at Mt Smart 7:17

    Auckland:
    Police are working to find out the circumstances surrounding a man's death in Auckland 4:47


     News Search






    Power Search


    © 2024 New Zealand City Ltd