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July 2003

Electricity Industry Reform Act: Commission grants exemption to Eastland Network

24 July 2003

The Commerce Commission has exempted Eastland from the application of the cross involvement rules of the Electricity Industry Reform Act 1998 (EIR Act).

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Bungy New Zealand receives Commerce Act clearance to acquire Pipeline Bungy

24 July 2003

The Commerce Commission has cleared Bungy New Zealand Limited to acquire the Pipeline Bungy business operating in Skippers Canyon, Queenstown.

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Penalties doubled and enforcement powers strengthened by new Fair Trading legislation

23 July 2003

Recent changes to the Fair Trading Act have extended the Commerce Commission's powers to deal with misleading and unfair trading practices by businesses.

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Telecommunications Act – Unbundling reviews: Commission updates timetable

23 July 2003

The Commerce Commission today published an update to the timetable for the reviews into unbundling of Telecom New Zealand's local loop network and its fixed Public Data Network.

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Confirmation of Air New Zealand and Qantas conferences

18 July 2003

The Commerce Commission today confirmed that the conferences it will hold on the Air New Zealand and Qantas applications for Commerce Act authorisations will commence in Wellington on 18 August 2003.

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Gas Pipelines Inquiry: Commerce Commission releases draft framework paper

16 July 2003

The Commerce Commission today released a draft framework paper which proposes legal and analytical frameworks to be used in the Gas Pipelines Inquiry. The Commission commenced the inquiry as a result of a request from the Minister of Energy pursuant to Part IV of the Commerce Act.

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Wizard Home Loans' advertising misleading – Chinese community targeted

15 July 2003

A company named New Aussie Finance Pty Limited, licensed to trade as Wizard Home Loans to the Chinese and Korean communities in the greater Auckland region, has admitted its advertising was misleading and in breach of the Fair Trading Act in a settlement with the Commerce Commission.

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