Apr 16, 2024
Rewiring Aotearoa's submission to the Commerce Commission's Personal Banking Services Market Study

Overall, we encourage the Commission to think beyond competition merely as a driver for innovation, to consider the outcomes from innovation for the long term benefit for New Zealanders. Rewiring Aotearoa believes one such outcome from market innovation is supporting the electrification opportunity for Aotearoa New Zealand. The Commission has the opportunity to play an active role in driving this not just through the energy market, but also through the personal banking market. It is important that these functions are not seen in isolation, but as a system, to better realise the Commission's role in delivering on NZ’s emissions reduction plan, and 2050 Nationally Determined Contribution.

Read moreDownload the full proposal here

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