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Govt starts work on extending anti-money laundering provisions to professions
By Paul McBeth July 13 (BusinessDesk) - The government has started work on expanding anti-money laundering obligations to professionals including lawyers and accountants as the number of suspicious transactions reported to law enforcement agencies more than triples since legis...
Govt extends underwrite to start-up investor, NZVIF, to 2022
By Fiona Rotherham July 13 (BusinessDesk) - The government is extending its underwrite of the Crown-funded start-up investor, New Zealand Venture Investment Fund, through to 2022 and allowing $12 million to be transferred to the investor's cash-constrained seed fun, but the le...
NZ dollar likely to return to 20-year average by the end of 3rd quarter: BusinessDesk survey
By Tina Morrison July 13 (BusinessDesk) - The New Zealand dollar, which traded within a whisper of its post-float high against the greenback a year ago, is probably going to return to its 20-year average by the end of this quarter, benefiting exporters such as winemaker Delega...