Financiers facing multi-million fines in money-laundering case fail in Supreme Court bid

A mother and son prosecuted over suspicious transactions totalling more than $53 million have failed in a bid to appeal their landmark case to the Supreme Court.Jiaxin Finance Ltd and its operators Fugin (Lily) Che and Qiang (Michael)... Source: NZ Herald Business News

By | November 7th, 2022|Business|0 Comments

Cooking the Books podcast: A career coach's top tips for earning more

Each week BusinessDesk and the NZ Herald's Cooking the Books podcast tackles a different money problem. Today, it's how to earn more, whether that's through a pay rise or a side hustle. Hosted by Frances Cook. One of the biggest... Source: NZ Herald Business News

By | November 6th, 2022|Business|0 Comments

Local Focus: Green givers are chuffed

After 20 years in the tourism industry, James Fitzgerald's business was hit hard by Covid lockdowns and border restrictions. Thus, Chuffed Gifts was born. Originally intended as a safety net for Fitzgerald's staff at Rotorua's... Source: NZ Herald Business News

By | November 3rd, 2022|Business|0 Comments

FDA to allow sales of a2 Milk formula in the United States

The US Food and Drug Administration (FDA) will allow the sale of a2 Milk infant formula in the US.A2 Milk's share price rallied today by 40c or 7.0 per cent to $6.15 on the news.In August, a2 Milk said the FDA had deferred its... Source: NZ Herald Business News

By | November 2nd, 2022|Business|0 Comments

Further downward pressure on global dairy prices

Prices have plummeted in the latest Global Dairy Trade auction, held overnight, with a 3.9 per cent decline across the board.It is the third significant drop in a row, with the index falling 4.6 per cent on October 18 and 3.5 per... Source: NZ Herald Business News

By | November 1st, 2022|Business|0 Comments

Food bag firm Woop probed over worker exploitation allegations

By Finn Blackwell, RNZ The Employment Relations Authority has launched an investigation into the food bag company, Woop, over allegations of worker exploitation.The authority held a public hearing in Auckland today, led by authority... Source: NZ Herald Business News

By | November 1st, 2022|Business|0 Comments

Climate change: NZ banks, homeowners exposed to rising flood risk

River and surface flooding may pose an even bigger threat to our banks' mortgage portfolios than that from the sea, a Reserve Bank analysis reveals. Results from preliminary climate-related "stress-testing" - and part of a wider... Source: NZ Herald Business News

By | November 1st, 2022|Business|0 Comments