
Loans at 500pc interest
Christmas shoppers are being tempted with offers of "interest-free" cash loans before an interest rate in excess of 500 per cent kicks in.
Christmas shoppers are being tempted with offers of "interest-free" cash loans before an interest rate in excess of 500 per cent kicks in.
Self-described business coach Shane Wenzel has been sent to jail for three years for mortgage fraud.
Draft legislation aimed at introducing fringe benefit taxes on staff carparks is broader than expected and contains some "nasty fish hooks to look out for".
It's difficult to react dispassionately to the daily news on the dollar's whereabouts. Up, no matter how you say it, always sounds better than down, writes David Chaplin.
Stop! Before you hit the mall to buy Christmas gifts, get smart. Does your friend or family member really want another gift box, cook book, or car-cleaning kit?
If it is determined that David Ross was running a Ponzi scheme, investors face a major legal fight to recover their funds, says investor spokesman Bruce Tichbon.
New Zealand is going to find it increasingly difficult to tax multinational companies like Google and Facebook, says a specialist tax consultant.
Facebook's "tiny" and "barely believable" tax bill this year makes a mockery of New Zealand's tax loopholes for multinationals, says the Labour Party.
Tower has posted a 67 per cent jump in full-year profit and said it will return $120 million to shareholders.
Money transferred from a scheme in Australia will not be taxed, but investment earnings from it will.
Receivers for Ross Asset Management have signalled they will start selling off some of its assets because its founder does not have the means to cover the costs.
Attempts by the former directors of the failed carpet-maker Feltex to halt a class action by 2852 shareholders who lost $250 million have been thrown out by the Court of Appeal.