Cut with care
OPINION: The new government has clearly signalled big cuts across the public service.
Federated Farmers says it is time to move on after the Commerce Commission’s $2.97 million settlement with Westpac over the selling of interest rate swaps.
THE COMMERCE Commission is negotiating with Westpac and ASB after having reached a $19 million settlement with ANZ over the marketing of interest rate swaps.
THE COMMERCE Commission wants any remaining rural customers with concerns with the way that interest rate swaps were sold to them to come forward.
THE COMMERCE Commission has delayed filing proceedings against ANZ, ASB and Westpac over interest swaps because of the complexity of the case.
THE COMMERCE Commission is taking three major banks, ANZ, ASB and Westpac to court over the selling of interest swap contracts to rural customers.
OPINION: The new government has clearly signalled big cuts across the public service.
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