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28 Feb 2026 22:42
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      Home > News > Business

    Retail NZ says there could be complications created by new gift card rules

    Retail NZ says there could be complications created by new gift card rules

    27 February 2026
    The Commerce Commission has released guidance for retailers as minimum expiry dates move up to three years next year.

    Retail NZ Chief Executive Carolyn Young says it could create issues for businesses who offer a gift card for a service rather than a specific dollar amount.

    She says over a three year period the cost of administering the service could increase but still be covered by a gift card.

    © 2026 Newstalk ZB, NZCity


     Other Business News
     28 Feb: It's been revealed UK supermarket giant Tesco, declined the Finance Minister's invitation for a meeting to discuss the issues in our grocery sector
     28 Feb: The average Auckland ratepayer will be paying an average of 320 dollars more a year, if the council's annual plan passes
     27 Feb: Rocket Lab's continuing to thunder to new heights, posting a record revenue of 300 million New Zealand dollars in the last three months of 2025
     27 Feb: The figures showing the number of people crossing the Tasman may look worse than they actually are
     27 Feb: Queenstown's Millbrook Resort's had a record year for property sales, hotel stays, and golf rounds
     27 Feb: Air New Zealand's fresh focus is resetting the business - after hitting some financial turbulence
     27 Feb: More New Zealanders are putting their faith back into the housing market
     Top Stories

    RUGBY RUGBY
    The Chiefs are refusing to underestimate a wounded Crusaders side ahead of tonight's Super Rugby grand final rematch in Hamilton More...

    BUSINESS BUSINESS
    It's been revealed UK supermarket giant Tesco, declined the Finance Minister's invitation for a meeting to discuss the issues in our grocery sector More...


     Today's News

    		 International:
    Israel and US attacking Iran live updates: blasts heard in Tehran 22:26

     Rugby:
    The Chiefs are refusing to underestimate a wounded Crusaders side ahead of tonight's Super Rugby grand final rematch in Hamilton 21:57

     Auckland:
    Four people have been injured - one seriously - when a van rolled in the Auckland suburb of Wiri 21:17

     Law and Order:
    The Armed Offenders Squad has been working in Auckland's Papakura today, after a man was shot this morning 18:57

     Rugby:
    The Blues are pointing to territory and preventing set piece penalties as keys to victory against the Brumbies tonight in Canberra 18:37

     International:
    Crown prince Reza Pahlavi on US military intervention in Iran and how a post Islamic Republic 'transition' would work 18:17

     Politics:
    Bill Clinton tells congressional committee he had 'no idea' about Jeffrey Epstein's crimes 18:07

     Soccer:
    Auckland FC attacking weapon Jesse Randall is stoked with how the club is tracking heading towards the final stretch of the A-League's regular season 18:07

     Boxing:
    Kiwi Carlos Ulberg will fight for the vacant UFC light heavyweight title at UFC 327 in Miami on April 12 17:27

     Rugby:
    Crusaders utility back Leicester Fainga'anuku's comfortable being deployed in a third different role in as many weeks on his Super Rugby Pacific return 16:57

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