Financial Tips & Guides
Money laundering is providing some of the biggest hits, according to latest police data in the period to mid-February. Since 2010, $994.3 million has been restrained under the Criminal Proceeds (Recovery) Act 2009 (CPRA) with $327.3 million of that tally forfeited to Treasury for use Read More …
An Auckland company which falsely claimed to offer a savings scheme to help low-income families buy a home has been fined $400,000 after a Commerce Commission investigation. Home Funding Group (HFC) was convicted in January on two charges under the Fair Trading Act at Auckland Read More …
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Strategies abound for getting rich quickly, hyped stocks are spread through online forums, and for every overnight winner there are 10 losers left in their wake, carrying the can. The reaction to this in some quarters has been for people to warn that the sharemarket Read More …
On Tuesday, Robertson said this timeframe is being shortened to seven days. Qualifying businesses can get $1500 plus $400 per employee up to a total of 50 fulltime equivalents ($21,500). The Prime Minister will provide an update on Wednesday on whether Auckland’s Level 3 lockdown Read More …
The scheme is intended to support businesses “getting back on their feet” to take on new workers, and is targeted at Kiwis struggling to re-enter the work force, including those who lost their jobs due to Covid. The $311 million extension announced on Thursday widens Read More …
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The latest ASB Investor Confidence Survey shows net investor confidence (the difference between those that think investment returns will improve versus worsen in the coming year) has lifted from -11 per cent in the third quarter of 2020 to +2 per cent for the three Read More …
Trade Me said the supply of rentals was up by 11 per cent in December, but demand was up by 13 per cent, keeping prices high and suggesting it could be another difficult year for tenants. Inflation has been consistently higher for beneficiaries, and in Read More …
Auckland is New Zealand’s largest city, and its city centre is the primary place where people work and play. Previously we have explained the significance of the city centre worker population to the Auckland economy and investigated how COVID-19 has impacted the number of workers Read More …
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The low rates currently on the market come at a time of growing concern about the state of the property market in New Zealand. REINZ data showed Auckland median house prices hit $1 million for the first time in October last year, and the national Read More …
African-born Hendrik Wentzel, an engineer with Ballance Agri-Nutrients, says his parents Jannie and Nicolette Wentzel enable him and his healthcare worker wife Sunel to make their contribution to the economy of their adopted home. Wentzel, born in Nambia, moved to New Zealand in 2007 from Read More …