New Zealand state-owned bank and financial services provider Kiwibank has been fined $1.5million after pleading guilty to systemic and long-running breaches of the Fair Trading Act that led to 35,000 customers being overcharged a total amount of $6.8 million.
New Zealand online retailer 1-Day has been fined $840,000 for promotional claims on its online store which were liable to mislead consumers about how long its daily deals would run for and the quantity of stock available.
New Zealand online holiday rental booking platform Bachcare has been charged with misleading consumers allegedly by manipulating online reviews.
New Zealand’s largest telco Spark has been hit with a fine of NZ$675,000 for making false or misleading representations in its customer invoicing, and when making a NZ$100 credit offer to new customers.
New Zealand computing and IT retailer PB Technologies has pleaded guilty in the Auckland District Court to 14 charges brought by the Commerce Commission for failings in its extended warranty – and is also in the firing line with the regulator over “bait advertising” with Apple watch promotions.
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