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Riches of Heaven: More Mormons, more money
This is the first part of a three-part series on the Mormon church in New Zealand, supported by NZ On Air. Read the second part, Labour of Loyalty, tomorrow.
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Report on NZ social bonds pilot cites lack of commercial expertise by public officials
By Fiona Rotherham Dec. 16 (BusinessDesk) - A report on failures within the government’s first social bonds pilot blames them on a lack of commercial expertise from the bureaucrats involved. Work started in 2013 on social impact bonds where typically a central or local gove...
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Update: Insurer Youi fined $320,000 out of potential $9 million fine for misleading sale practises
(Update: includes judge and victim comments) Dec. 15 (BusinessDesk) - By Fiona Rotherham South African-owned insurer Youi has been sentenced to a $320,000 fine out of a potential maximum penalty of $9 million in the Auckland District Court today after receiving hefty discou...
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Youi fined $320,000 for misleading sales practices
By Fiona Rotherham Dec. 15 (BusinessDesk) - South African-owned insurer Youi has been sentenced to a $320,000 fine in the Auckland District Court today after agreeing to plead guilty to 15 charges relating to misleading sales practises in New Zealand. The Fair Trading Act c...