Stories by Nicholas Pointon
News
Businesses receiving wage subsidy being audited by MSD
Nearly 10,000 businesses who got the wage subsidy have been audited but it is still unknown how many have abused the scheme.
IRD to begin probing crypto-currency investors
Inland Revenue is upping its attention to crypto-currency investors by asking companies dealing in them to hand over their customer details.
Next government urged to rethink rules for shovel ready projects
The next government needs to rethink the rules for shovel ready projects and be prepared to spend more, according to a new report by law firm Simpson Grierson.
Industry body sees the bright side in ComCom's open letter on telcos
The industry body representing telcomunnication companies is pushing back against suggestions that consumers are being overcharged for mobile plans they do not need.
Silver rallies to seven-year high, as more people pile into precious metals market
The price of silver has followed gold, shooting upward during the Covid-19 pandemic, as more people turn to the yellow metal's poorer cousin.
Consumers paying less for internet and mobile data - report
Consumers will have to pay more for their internet and phone connections, otherwise the industry warns it will struggle to invest in new technology.
Covid recovery business confidence boost has 'run its course' - ANZ
ANZ's monthly survey found business confidence improved slightly, but not as much as expected, according to the bank's chief economist.
'Woke' funds increasingly popular during Covid-19 turmoil
So-called "woke" funds are proving to be a profitable option for conscientious investors.
Australia slavery act could expose NZ companies' risks
New Australian legislation could force New Zealand companies to confront modern slavery in their ranks.
Tourism school enrolments rise despite Covid-19 effects on industry
Tertiary students have faith in the tourism industry's future, despite the blow dealt to the sector by Covid-19.
NZ government urged not to follow UK in Huawei 5G equipment ban
The telecommunications industry will face big costs if the New Zealand government follows Britain's lead in banning Huawei equipment from 5G networks, according to an industry insider.
Demand for residential mortgages down
Property developments are going to struggle to get off the ground as bank lending tightens over the next six months. Audio
NZ ideal for new health tech - Cereus investment company head
New Zealand is ready to become a global hub for health tech start-ups, an angel investor says.
Hotels struggling to make profit despite government spend up
Many of New Zealand's largest hotels are filled to capacity, but are hardly making a profit according to an industry expert.
Airbnb property owners switch to long-term rentals
Owners of Airbnb properties are switching to longer term renting, as tourism slumps following the coronavirus pandemic.
Investigation into data theft from KiwiSaver provider grinds to halt
An investigation into the theft of thousands of customers' data from Generate KiwiSaver has ground to a halt.
Music festivals on mission to cut landfill waste
Banning single-use plastics, using compost toilets and not providing bins are just some of the ways festival organisers are trying to reduce waste music events produce this summer.
Fraudster David Ross' 'remorse ... won't bring closure', say victims
A victim of New Zealand's largest Ponzi scheme says he wants to believe David Ross - granted parole yesterday - is sorry, but knows he is a prolific liar.
Christchurch council backs new $470m stadium 15 to 1
The investment case, which cost ratepayers $3m and took a year to prepare, found that a covered 25,000 seat multi-use arena was the best option for the city.
Deon Swiggs' accusations dropped: 'It's vindication for me' - councillor
A Christchurch City Councillor says he feels vindicated after what he called "scurrilous allegations" against him were dropped in the Christchurch District Court today.
Trio sentenced in multi-million synthetic cannabis ring
The mastermind behind a multi-million dollar synthetic cannabis ring in Christchurch has been sentenced to two years and four months in prison.
Family in tears at sentencing of driver in crash that killed 12yo, uncle
Christchurch families who lost a 12-year-old boy and his uncle in a crash have given tearful statements in court about the trauma they have suffered as a result.
Dead rats washed up on beaches to be sent for toxicology testing
The theory that it was 1080 that killed about 600 rats, an octopus, a calf and other animals that washed up on a West Coast beach is highly unlikely, a DOC manager says.
Slip blocking road hits businesses in the pocket
Businesses in Greymouth are seeing profits down 50 percent because a slip is blocking a state highway, the town's mayor says.
Ponzi scheme reforms shelved: 'It is just completely unsatisfactory'
Victims of the country's largest Ponzi scheme are angry that proposed insolvency law reforms have been shelved, leaving future investors vulnerable.