Tale of two Irelands

Tracey recounts the rise and fall of the `financial genius` John Key’s pet financial hub for NZ to emulate the paragon economies that tried it. Like Ireland – the home of the jobless and deserted housing projects.

Fortunately he was somehow prevented from stuffing NZ in this way. However he did put in some legislation of dubious value to allow NZ to be used as a haven for hot money fleeing taxes…

Contactless cards: capitalism thrives, customers lose

Contactless (“wave and go”) features are becoming a compulsory feature for credit and debit cards.  Hi-tech equipment can pilfer from such cards as people pass by.  Plus other problems.  But, they ensure banks and merchants make more money.