Pages

Showing posts with label Finance sector reforms. Show all posts
Showing posts with label Finance sector reforms. Show all posts

Friday, May 23, 2025

Bob Edlin: “Common sense” consumer law favours hard-done-by Aussie banks ....


“Common sense” consumer law favours hard-done-by Aussie banks (ha!) by extinguishing rights of Kiwi litigants

PoO was cheered to read the headline which announced Commonsense financial reforms underway.

We tempered that with wariness, because the headline sat atop a press statement from the Beehive, from the office of Commerce and Consumer Affairs Minister Scott Simpson. And in our experience, a Minister’s notion of common sense is apt to be at odds with the public’s notion of common sense.