I have always encouraged our people to focus on the large interest of the New Zealand society within which our interests as Indian New Zealanders and our ensuing generations, will be advanced. In election year, this means subjecting major new policy initiatives to intense scrutiny to determine if these are good for the country and its future. Labour recently released…
Read MoreMonth: July 2011
KPMG Sponsorship Package for Business Awards
One of the world’s largest audit and business consultancy firms has joined the Indian Newslink Indian Business Awards (IBA) 2011 as a Sponsor with a unique package of service solutions. KPMG New Zealand would host 12 Business Workshop Sessions for winners and a finalist in six categories of IBA 2011. The Categories chosen are Best Large Business, Business Excellence in…
Read MoreUnofficial Lotto Syndicates spin trouble
Work place lotto syndicates are a great way to increase the chances of winning the big jackpot, as you can buy more entries into the games! Winnings are divided between the Syndicate members according to the contribution made by each member. This appears to be a harmless way of increasing the chance of winning. However, there are pitfalls if members…
Read MoreImmigration eases visa for priests
Community organisations and religious entities employing priests to provide specialised services can heave a sigh of relief with Immigration New Zealand taking a more sympathetic view of their needs. A new regime governing religious workers will come into force on November 1, following which, those eligible can apply for a residence visa. Gurdwaras, Temples, Churches and Mosques serving respectively the…
Read MoreHillary concludes strategic visit to India
US Secretary of State Hillary Clinton re-affirmed her country’s commitment in eliminating terrorism while pushing forward Indo-US relations during her just concluded visit to India. The visit, which came as a part of Round 2 of the India-US Strategic Partnership Dialogue, was a high profile affair, with her 25-member delegation accounting for top officials in the US administration. Her visit…
Read MoreIndiscreet ministers must go discreetly
The startling statements of Ghulam Nabi Azad about Indian homosexuals expose not only an idiot but also more importantly the cancerous ‘chamcha’ culture that grips the Congress. I met Azad many years ago at a function hosted by Sonia Gandhi, who had then not even hinted of her ambitions. He was pompous to the point of absurdity until Mrs Gandhi…
Read MoreFinance company bosses in the dock
Three directors of the defunct Capital + Finance Company will take the witness stand at the Auckland District Court to face a series of charges pressed against them by the Serious Fraud Office (SFO). Neal Medhurst Nicholls (55), Wayne Leslie Douglas (57) and Owen Francis Tallentire (64) will face charges relating to transactions valued in excess of $28 million between…
Read MoreSFO mounts charges on Canterbury firm
Two directors of the failed Lane Walker Rudkin Industries (LWR) based in Canterbury are facing a total of 90 charges between them, relating to allegations of fraud brought by the Serious Fraud Office (SFO). Company Director Kenneth James Anderson (64) faces 82 criminal charges including fabrication of financial documents to obtain and retain borrowing facilities from Westpac Bank, totalling about…
Read MoreExperts negotiate the best property finance deal
Over the past 16 years, we have sourced over $8 billion in funding. We are in contact with the banks on a daily basis, which enables us to provide our clients with the absolute best terms and conditions available in the marketplace. As all borrowers are aware, up to 2007, the major banks were lending aggressively. In addition, there were…
Read MoreTax Policy ensures a fairer society
The proposed new Tax Policy recently released by the Labour Party is a bold step towards a fairer society, demonstrated more graphically than in the current approach to Capital Gains Tax. Salary and wage earners are regulated by a system that has been so perfected that they have no avenue to avoid paying tax and they receive little, if any,…
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