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Letters: House prices and cheap money, alcohol harm, exotic trees and electric trams 3 May, 2021 05:00 PM 9 minutes to read One writer says the age-old housing shortage is here to stay and the availability of cheap money will continue to push up prices. Photo / Dean Purcell. One writer says the age-old housing shortage is here to stay and the availability of cheap money will continue to push up prices. Photo / Dean Purcell. NZ Herald It s past time to rein money The 40 years of rising house prices (NZ Herald, April 30) shows a very large increase since 2016. The Government has introduced measures to try and slow down these ....
Impressive : Global watchdog rates NZ police efforts at seizing criminal wealth, advises software upgrade to identify money launderers 30 Apr, 2021 07:00 AM 7 minutes to read Nearly $1m seized from a senior Head Hunter gang member involved in drug manufacture. The cash was hidden inside his bed. Photo / Supplied Nearly $1m seized from a senior Head Hunter gang member involved in drug manufacture. The cash was hidden inside his bed. Photo / Supplied An international evaluation of New Zealand s ability to prevent and investigate money laundering says company and trust structures are a major vulnerability, but ranks the police efforts to seize suspected criminal wealth as among the best in the world. ....
Police have seized more than $1 billion in assets from alleged criminals 29 Apr, 2021 07:00 AM 4 minutes to read A Lamborghini Huracan, valued at $450,000 was seized following an investigation into alleged money laundering. The supercar is among $1 billion worth of assets restrained since 2009. Photo / Supplied A Lamborghini Huracan, valued at $450,000 was seized following an investigation into alleged money laundering. The supercar is among $1 billion worth of assets restrained since 2009. Photo / Supplied More than $1 billion in alleged criminal wealth has been frozen in New Zealand since a powerful law targeting organised crime came into effect just over a decade ago, the Herald can reveal. ....