Governance


Stuff reports that the Commerce Commission is looking into some aspects of finance company transactions.

Frankly in a country the size of NZ, why do we not have one regulatory body, rather than a Commerce Commission and a Securities Commission.

I want good governance, but not overly complicated governance, nor do I want people to be able to say this was not in my purview.

I know many in NZ do not see the need for some regulation, preferring to accept market discipline.

Unfortunately we do not have perfect markets.

Therefore, my view is that their view is wrong. Or at best misguided.

Why, well there is a tendency to monopoly in NZ whereas I like competition.

Add to FacebookAdd to DiggAdd to Del.icio.usAdd to StumbleuponAdd to RedditAdd to BlinklistAdd to Ma.gnoliaAdd to TechnoratiAdd to FurlAdd to Newsvine

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s