close
MENU
Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
2 mins to read

OPINION: Self-regulation just creates a closed shop

Paul Goldsmith's attempt to reform the insolvency industry has been captured by a basket of deplorables. With VIDEO.

Damien Grant
Sat, 22 Oct 2016

Scroll down for video

It’s always nice to see real life follow economic theory. The concept of Regulatory Capture predicts that an industry, once regulated, will seek to game the regime to benefit itself at the expense of consumers.

We can see this playing out in our insolvency

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Damien Grant
Sat, 22 Oct 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
OPINION: Self-regulation just creates a closed shop
62533
true