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.
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.
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 …
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 …
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?
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.
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 …
The average fee charged for credit cards is 1.6 per cent but they can top 2 per cent. That compares to 0.8 per cent on average in Australia and 0.5 per cent in the United Kingdom.
The banking hubs will provide basic transactional services like cash withdrawals, deposits and account transfers. They will all have a multi-branded Smart ATM and online banking facility, along with a support person to provide guidance and assistance.
Managed funds, especially those that invest in shares, are riskier than having money in the bank but over the long-term (assuming that’s your savings timeframe for your kids) they should deliver a better return.