Blog

Economy Expected to Perform Relatively Strongly in the Wake of COVID-19

Blog
According to S&P Global, New Zealand is expected to recover from the economic strains of COVID-19 in a better position than most countries in the Asia-Pacific region and around the world. Due to New Zealand’s exceptional pandemic management and well-targeted economic stimulus, the global recession is expected to cause less…

New Zealand Announces Small Business Cash Flow Loan Scheme

Blog
The government has introduced the Small Business Cash Flow Loan Scheme (SBCS) to assist businesses as the country re-opens. Even though most businesses can now operate as normal, many still face an uncertain future, and the SBCS is meant to ensure they can continue to operate. The scheme will be…

New Email Scam Circulating in New Zealand

Blog
Fraudulent emails claiming to be from the Inland Revenue Department and stating that the receiver is entitled to a tax refund have been circulating to New Zealanders’ inboxes. The emails have a similar layout to official IRD emails and also contain the IRD logo, making them appear legitimate at first…

IRD No Longer Accepting Cheques

Blog
As of March 1st 2020, the Inland Revenue Department stopped accepting cheques. The decision was taken after Kiwibank, New Zealand Post, and the Accident Compensation Corporation took the same step. According to spokesperson Sharon Thompson, the IRD is becoming more digital in its operations and a majority of its customers…

OneCoin Cryptocurrency Investigation Reaches Second Auckland Church

Blog
The Samoa Worship Centre in Auckland is being investigated by the Department of Internal Affairs for crimes related to cryptocurrency fraud. This is the second church to have alleged ties to a multi-billion dollar scam involving the OneCoin cryptocurrency. US authorities have also charged a OneCoin leader with fraud. Experts…