Global Finance wins four trophies at New Zealand Mortgage Awards

The Company marks its 22nd Anniversary on Thursday, March 5, 2021 Accolades and acknowledgements have almost become a habit at Global Finance as the top mortgage and insurance broker picked up four more Awards, this time from the inaugural New Zealand Mortgage Awards 2021. The honours were a fitting tribute to the Company which is expected to reach its highest…

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Online lender settles $2.8 million with Commerce Commission

Supplied Content Wellington, March 3, 2021 High-cost short-term lender Moola.co.nz Limited (trading as Moola) has agreed a settlement with the Commerce Commission whereby it is required to credit or refund approximately $2.8 million to current and former borrowers. The Company acknowledged the Commission’s view that it charged unreasonable credit and default fees. Interest at 620.5% Moola offers loans to borrowers…

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Independent Panel appointed to review Pharmac efficacy

Supplied Content Wellington, March 3, 2021 The New Zealand government has appointed an Independent Panel to review the working of the Pharmaceutical Management Agency, better known as Pharmac. The Panel will also suggest changes required including the decision-making process. Pharmac is a New Zealand Crown entity that decides on the medicines and pharmaceutical products to be subsidised for use in…

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Prime Minister changes stance on public dobbing

Jacinda Ardern and Ashley Bloomfield should get Covid messaging back on track (Newsroom Photo by Sam Sachdeva) As the government battles Covid complacency and non-compliance, the Prime Minister has given the team of five million permission to self-police the rule-breakers. The complete change of tune from the top is just one of many mixed messages in recent days. Two things have…

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Leaders prefer less migrant workers, more jobs for New Zealanders

The gripping Coronavirus is compelling us to reorder our priorities While immigration has been a subject of heated debate over the years, the advent of Covid-19 and its Variants is slowing the perception of employers on the need to employ more migrant workers. In fact, they are beginning to adjust to dependence on available talent in the country. Immigration Minister…

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Internal Affairs warns Property Brokers for AML/CFT non-compliance

Supplied Content Wellington, March 2, 2021 The Department of Internal Affairs (DIA) has issued a formal warning to Property Brokers Limited for not complying with Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT) Act 2009. An Internal Affairs press note said that this is the first formal warning issued to a real estate agent under this Legislation. Property Brokers operates…

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Jacinda Ardern urges New Zealanders to call out rule-breakers

Sourced Content Wellington, March 2, 2021 Prime Minister Jacinda Ardern has urged people to call out family and colleagues who are not following the rules of the Alert Levels. She was speaking to the media yesterday (March 2, 2021) after a Cabinet meeting, joined by Director-General of Health Dr Ashley Bloomfield. She said that she understands people that are frustrated…

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