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24 Jun 2024 4:40
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  •   Home > News > Politics

    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 Politics News
     23 Jun: Moree solicitor Brendan Moylan wins Northern Tablelands by-election for NSW Nationals
     23 Jun: The Maritime Union suggests there is currently no clear plan around the Inter-island ferries
     23 Jun: The Police and Government are looking to crack down on CBD crimes over the next month
     23 Jun: The first young offender military-style academy is planned to start next month
     23 Jun: In this city, government cutbacks are 'affecting people in horrible ways', and some residents are dying younger
     22 Jun: The government's due to announce Pharmac funding and what could boost its medicine budget up 40-percent
     22 Jun: The Energy Minister's stressing Northland is a top concern for the Government
     Top Stories

    RUGBY RUGBY
    Pulse captain Kelly Jackson admits they were made to work for every bit of their 46-43 win over the Stars in netball's ANZ Premiership in Porirua More...


    BUSINESS BUSINESS
    The Maritime Union suggests there is currently no clear plan around the Inter-island ferries More...



     Today's News

    Law and Order:
    One person with serious injuries is now in Middlemore Hospital after an incident at a South Auckland jewellery store 21:57

    Law and Order:
    A person who was attacked in a robbery at a Papatoetoe jewellery store is in hospital with serious injuries 21:17

    Politics:
    Moree solicitor Brendan Moylan wins Northern Tablelands by-election for NSW Nationals 21:07

    Hamilton:
    One person is receiving medical treatment, after a building fire on Maeroa Road in Hamilton 18:57

    Rugby:
    Pulse captain Kelly Jackson admits they were made to work for every bit of their 46-43 win over the Stars in netball's ANZ Premiership in Porirua 18:37

    Cricket:
    Australia records historic 21-run loss to Afghanistan as T20 World Cup hopes hang in the balance 18:37

    International:
    Nigel Farage defends Ukraine war comments after national backlash 18:17

    Rugby League:
    Some light relief for the Warriors in the wake of their record-equalling thrashing in league's NRL 18:07

    Motorsports:
    Frustration for Scott Dixon after his chance for a top qualifying spot slipped from his grasp at the latest IndyCar event in California 17:37

    Business:
    The Maritime Union suggests there is currently no clear plan around the Inter-island ferries 17:27


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