Fairfax media, page-12

The govt did not say forever there will be no regulation.

"In New Zealand, a similar broad regulatory review has opted to give the buy now pay later industry reprieve from being brought under the Credit Contracts and Consumer Finance Act, but it may be caught by new regulations as the industry and other technologies evolve."

https://www.copyright link/business/banking-and-finance/afterpay-zip-await-asic-critique-of-buy-now-pay-later-20181011-h16irg