The next battle in the war against high-cost lenders was the fight for laws forcing debt collectors to agree to "affordable" repayment schedules for borrowers. "Debt collectors use tactics that amount to harassment as part of their collection practices," law lecturer Victoria Stace from Victoria University of Wellington told a conference on financial capability in Auckland on Friday. And, she said: "There is no law requiring them to enter into an affordable repayment schedule with the borrower." "The battle continues," she said. READ MORE:Stop deductions from benefits to payday lendersMum trapped in 'black hole of debt'The Government jumps on loan sharksGovt minister reveals how high-interest loans hurt 'Prosecute the hell' out of dodgy lendersGive us warts-and-all loan advertising Speaking at Massey University's Building Financially Capable Communities conference, Stace detailed the research she had done which helped national budgeting service Fincap … [Read more...] about Regulating debt collection is next ‘battle’ in war on payday lending
East coast debt collection
For wildlife, 2018 was the 'most remarkable' year for decades in the view of the National Trust. From the minus zero temperatures triggered by the 'Beast from the East' - as the chilly Siberian weather in February was known - to the scorching summer, the year was a 'rollercoaster ride' for plants and animals. In its review of the year, the charity said this year's 'winners' were many bats and butterflies, species who have suffered huge drops in numbers in recent years. Fungi too, sprouted more than usual in the past 12 months. The migrant silvery moth was seen in its highest ever numbers at Mount Stewart in Northern Ireland. New species also arrived including the dark green fritillary, also recorded at Mount Stewart. Losers included guillemots, shags, fulmar and kittiwakes as the cold snap at the end of February killed huge numbers of shellfish, including lobsters, starfish and fish on the East coast on which the birds feed. Nettle feeding butterflies such as the small … [Read more...] about From the Beast from the East to a scorching summer: Extreme weather in the UK made 2018 a ‘rollercoaster’ year for wildlife says the National Trust
A joint venture between Coromandel iwi and a businessman could see the first commercial marine farm developed off the coast of eastern Bay of Plenty. Ohinau Marine Farms - a partnership between Ngati Hei and Thames mussel farmer Peter Bull - have lodged a resource consent application with the Waikato Regional Council to establish a 30 hectare mussel spat farm 1.6 kilometres off shore in the ocean just north of Mercury Bay. Spat are mussel larvae that are caught when it attaches to vertical ropes attached to buoys. When the spat are detected, the lines are hauled in and are shipped with the spat attached to the iwi's mussel farms in the Firth of Thames, of which it has a minor shareholding. The consent stated that its "fundamental reason" for establishing the farm was to eliminate the risk the industry faced from spat supply. Most spat is sourced from Ninety Mile beach in Northland, but it suffered from extremely high mortality rates during its transportation to the mussel farms. … [Read more...] about Resource consent lodged for spat farm off the eastern Coromandel coast
F2's scintillating run in the theatres continue with the film perfoming well at the box office even after one month of its release. It has comfortably overtaken rest of the releases of the Sankranthi season to earn the coveted title of the "First Blockbuster Of 2019". F2, starring Venkatesh and Varun Tej in the lead role, has been directed by Anil Ravipudi has also in fact turned out as the biggest hits in the career of both Venkatesh and Varun Tej. F2 has already grabbed some big records in different regions and now, here is a latest update regarding one such records. Read F2 box office collections update to know more about the same. In The East Territory Rangasthalam has had a solid run across the globe. Especially, in th east territory regions in AP, the movie has turned out to be one among huge blockbusters of the recent times. According to the reports doing the rounds, the film has crossed the 7-Crore mark share. Earns The Non-Baahubali Record Meanwhile, it also seems like F2 … [Read more...] about F2 Box Office Collections Update: Venky Starrer Beats Rangasthalam; Earns Non-Baahubali Record!
The archbishop of Canterbury has spoken of the suffering and persecution of Christians and others in the Middle East, saying he has heard voices of anger, fear and insecurity while on a 12-day trip to the Holy Land. Justin Welby was preaching to a packed congregation at St George’s Anglican cathedral in Jerusalem on Sunday morning before being installed as an episcopal canon later in the day. In his 10-minute sermon, he said Christians in the region had belonged to a “suffering church for centuries. Sometimes life has been better, sometimes it is less bad. But the nature of suffering is that when it is happening it is all-consuming.” In the conflict zones of the Middle East, he said, every part of life was dominated by suffering. “That is true whether you are a Christian or not but in this region in addition to the suffering of war, conflict and the tragedies of death and injustice, Christians especially are experiencing persecution, are especially … [Read more...] about Archbishop of Canterbury speaks of persecution of Middle East Christians
The UK's biggest water supplier has called in bankers to advise on its £12bn debt mountain amid concern about the impact of a looming regulatory crackdown on its finances.Sky News has learnt that Thames Water has hired restructuring experts from Gleacher Shacklock ahead of a crucial ruling next week from Ofwat, the industry watchdog, that will determine how much it can charge customers over the next five years.Thames, which is owned by a consortium of international investors, was dismayed by Ofwat's draft determination in July.It proposed that the company could spend up to £9.3bn during the next regulatory period - sharply lower than Thames's own proposed figure of about £11bn.Thames and a number of other large water suppliers will consider appealing to the Competition and Markets Authority (CMA) if they regard Monday's settlement as too draconian. Advertisement Ofwat wants Britain's water companies to cut the average customer's annual bill to fall by … [Read more...] about Thames Water braces for talks over £12bn debt mountain