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Top lawyer calls for investigation into flawed data behind retrospective Banking Bill - Daily Telegraph NZ

Rachael Reed KC has called for a formal investigation into serious process failures by the Ministry of Business, Innovation and Employment (MBIE) regarding retrospective changes proposed in the Credit Contracts and Consumer Finance Amendment Bill. In letters to Public Service Commissioner Sir Brian Roche and Attorney-General Judith Collins, Reed criticised MBIE’s reliance on a Reserve Bank risk model that projected a $12.9 billion threat to the …
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Daily Telegraph NZ broke the news in on Tuesday, July 29, 2025.
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