The Government says it won't punish genuine mistakes with its planned new crackdown on misleading pricing. 

A bill's been introduced to Parliament that would increase the maximum penalty for misleading prices from $600 thousand to $5 million. 

The Commerce Commission estimates such prices are costing New Zealanders tens-of-millions-of-dollars a year.  

Consumer Affairs Minister Cameron Brewer told Mike Hosking there's always room for error. 

But he says there's also some businesses who treat the current penalty for misleading pricing as the cost of doing business. 

LISTEN ABOVE 

The Government says it won't punish genuine mistakes with its planned new crackdown on misleading pricing.&nbsp;
A bill's been introduced to Parliament that would increase the maximum penalty for misleading prices from $600 thousand to $5 million.&nbsp;
The Commerce Commission estimates such prices are costing New Zealanders tens-of-millions-of-dollars a year. &nbsp;
Consumer Affairs Minister Cameron Brewer told Mike Hosking there's always room for error.&nbsp;
But he says there's also some businesses who treat the current penalty for misleading pricing as the cost of doing business.&nbsp;
LISTEN ABOVE&nbsp;

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Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.The sharpest voice and mind in the business, Mike drives strong opinion,...

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Cameron Brewer: Commerce and Consumer Affairs Minister on the harsher penalties for misleading pricing

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/43404498-797e-40a1-8cd4-b44901532a1f/transcript