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Kiwis $638m in credit interest
New Zealanders are collectively paying more than $600 million a year in interest on personal credit card debt, according to figures from the Reserve Bank.
Hubbard to try $4.3m claim
Jean Hubbard and her family interests have indicated they will try to obtain $4.3 million of assets from one of her late husband's investment vehicles.
Bank's demise offers rich pickings
Rival banks could "very well" use financial incentives to attract customers upset by the closure of the National brand, a banking expert says.
Brent Sheather: PIEs vs ETFs
The economics of investing in international shares through local PIE funds is not compelling...
SkyCity cheats use gadgets
Global cheating syndicates trying to swindle millions of dollars with hi-tech gadgets are responsible for some of the hundreds of crimes committed at SkyCity each year.
Brent Sheather: Return-free risk
The cost of investing via managed funds through intermediaries is far too high, relative to returns, so investors are frequently left with return-free risk...
Guilty of fleecing $15 million
Jacqui Bradley has been found guilty of fleecing around $15 million from 28 investors. The former financial advisor was found guilty and convicted of 75 Crimes Act charges this afternoon.
Brent Sheather: SOE sales - tell me why again?
The case for selling our SOE's looks flimsy at best and a travesty from the perspective of young people and those other sectors of society who stand to lose from the transactions.