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Does he believe that the Consumer Guarantees Act and the Fair Trading Act are still fit for purpose given the rise of online corporations like Temu; if not, what reforms does he intend in 2026?

Answered Question 4974 (2026)
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Asked by

Arena Williams

Member for Manurewa · Labour Party

Question

  • Does he believe that the Consumer Guarantees Act and the Fair Trading Act are still fit for purpose given the rise of online corporations like Temu; if not, what reforms does he intend in 2026?

Answered by

Hon Scott Simpson

Member for Coromandel · National Party · Minister of Commerce and Consumer Affairs

Answer

The Consumer Guarantees Act 1993 and the Fair Trading Act 1986 provide protections for consumers, including in relation to online and any business trading in New Zealand. In November 2025, Hon Nicola Willis and I announced changes to increase maximum penalties for breaches of the Fair Trading Act and to support keeping product safety standards up to date.