Jail for $1.072m tax dodge
Peter Martin Coleman was sentenced on Monday in the Auckland District Court to four years, nine months in prison on tax charges. His actions caused Inland Revenue to lose out on $1.072 million in tax.
How The Price Of Gold Affects Your Day To Day Life
For many of us, the price of gold has no relevance whatsoever. However, it may have more of an impact than you think and the price of gold may affect more than just your ability to buy or sell products that you have that are Read More …
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More than $7m of fraud attempts at NZ’s largest bank
Figures from the ANZ show attempted fraud payments rose 56 per cent, up from $4.6m in the prior period. The bank highlighted the figures as part of its awareness campaign for Fraud Awareness Week which runs until Sunday.
New Zealand winning big-time in food trade with China
The advantages to the NZBRiC are fairly obvious with China being our largest trade partner and any partnerships which can improve trade and smooth the pathway of consultation and trade resolutions being welcomed. The benefits to China on the surface are less obvious but we Read More …
What retirement might cost
A one-person household with a “choices” lifestyle in a provincial area had their costs drop 0.45 per cent year-on-year and a two-person provincial no-frills household had its costs lift 1.57 per cent.
Protect Your Assets Using These 5 Tips
If you want to make sure that you have protected your assets from inheritance tax then you need to be ahead of the game. Consider the following tips to ensure that your assets are well-protected. Create a will If you don’t have a will then Read More …
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Proposal to pay yourself an income of up to $12k a year in retirement
KiwiSpend would see all KiwiSaver members defaulted into the scheme on reaching 65 with an option to opt out after taking financial advice. Those who stay in could receive up to $12,000 a year based on their savings and the amount would increase when a Read More …
Proposed changes to the Commerce Act could be announced before Christmas
MBIE officials are now working on policy advice for the Minister of Commerce and Consumer Affairs Kris Faafoi who could make an announcement as early as December. But what’s at stake and what does it all mean?
Do you have to pay for poor service?
In TDR discussions, the provider acknowledged Doug’s connection and customer service issues. Doug confirmed he had old bills that the provider was entitled to require payment for. The two parties reached a mediated agreement.
Westpac cuts too
Until about a week ago, wholesale swap rates had fallen to record low levels. But in the past week they have started rising, with the benchmark two year swap rate up nine basis points in that time. However since the start of October, this same rate is Read More …