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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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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Supplied Content Wellington, March 3, 2021 The government has confirmed details of Covid-19 support for business and workers following the increased alert levels due to a resurgence of the virus over the weekend. In response to two new community cases of Covid-19, Auckland moved to Alert Level 3 and the rest of New Zealand to Alert Level 2 on Sunday,…
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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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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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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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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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Life for the property investor is tough and likely to get even tougher. Popular media, property experts and even the government is laying much of the blame for skyrocketing house prices at the feet of property investors. With banks tightening LVR ratios for investors, investors might find themselves left with very few options for funding investment property. However, there are…
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Knowledge of local politics essential to participate in decision-making Hello Trump, but Winston Who? (Donald Trump and Winston Peters (TVNZ Photo) A few weeks ago, I was speaking with a group of students on the role of government and politics. The students were able to explain some of the major policies…
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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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