Hawkes Bay Today
  • Hawke's Bay Today home
  • Latest news
  • Sport
  • Business
  • Opinion
  • Lifestyle
  • Property
  • Video
  • Death notices
  • Classifieds

Subscriptions

  • Herald Premium
  • Viva Premium
  • The Listener
  • BusinessDesk

Sections

  • Latest news
  • On The Up
  • Sport
  • Business
  • Opinion
  • Lifestyle
  • Property
    • All Property
    • Residential property listings
  • Rural
    • All Rural
    • Dairy farming
    • Sheep & beef farming
    • Horticulture
    • Animal health
    • Rural business
    • Rural life
    • Rural technology

Locations

  • Napier
  • Hastings
  • Havelock North
  • Central Hawke's Bay
  • Tararua

Media

  • Video
  • Photo galleries
  • Today's Paper - E-Editions
  • Photo sales
  • Classifieds

Weather

  • Napier
  • Hastings
  • Dannevirke
  • Gisborne

NZME Network

  • Advertise with NZME
  • OneRoof
  • Driven Car Guide
  • BusinessDesk
  • Newstalk ZB
  • Sunlive
  • ZM
  • The Hits
  • Coast
  • Radio Hauraki
  • The Alternative Commentary Collective
  • Gold
  • Flava
  • iHeart Radio
  • Hokonui
  • Radio Wanaka
  • iHeartCountry New Zealand
  • Restaurant Hub
  • NZME Events

SubscribeSign In

Advertisement
Advertise with NZME.
Home / Hawkes Bay Today

Editorial: Fraudster in need of budget tips

By HEATHER MCCRACKEN - ASSISTANT EDITOR
Hawkes Bay Today·
12 Jul, 2011 03:45 AM2 mins to read

Subscribe to listen

Access to Herald Premium articles require a Premium subscription. Subscribe now to listen.
Already a subscriber?  

Listening to articles is free for open-access content—explore other articles or learn more about text-to-speech.
‌
Save
    Share this article

It will come as no surprise to many that record numbers of people are seeking help with budgeting and debt.
And many of those are not beneficiaries, but working people who can't make ends meet.
You don't have to be on the poverty line to feel the pinch when the cost of almost
everything is going up, and wage packets are staying the same.
Some families are turning to debt to pay for groceries and household bills, a step that creates a cycle of financial difficulty as repayments mount.
And many of those struggling to stretch their pay packet to the end of the week will also find Blair Fitzsimons' plight a little hard to swallow.
The convicted fraudster has fronted up to court this week claiming he can only afford to pay $100 a week in reparation.
That's despite taking home $1100 every week.
Many people in Hawke's Bay would love to have that kind of money problem.
In fairness to Fitzsimons, it hasn't been made clear what his financial obligations are, what debts he has, or how many dependant children.
But assuming he has a family to support, I'm sure there are many households in Hawke's Bay who could give him a few tips on making his budget stretch further.
Or perhaps he could get some advice from Hanover Finance boss Mark Hotchin, who was reduced to a court-ordered $1000 a week after his assets were frozen by the Securities Commission.
Even if Fitzsimons meets his court-ordered payments, his victims will still see only a tiny fraction of what they lost.
He's been ordered to pay $250,000, just one-sixteenth of the $4 million they lost.
And at $100 a week, it will take 48 years to pay back.
That's a long time to wait for a little bit of justice.

Advertisement
Advertise with NZME.
Advertisement
Advertise with NZME.
Save
    Share this article

Latest from Hawkes Bay Today

Hawkes Bay Today

'This crash was preventable': Resident repeatedly complained about hoons before fatal crash

Hawkes Bay Today

NPC: A tough night in the cold for the Magpies

Premium
Opinion

Laura Vodanovich: Film festival offerings a stunning array


Sponsored

Farm plastic recycling: Getting it right saves cows, cash, and the planet

Advertisement
Advertise with NZME.

Latest from Hawkes Bay Today

'This crash was preventable': Resident repeatedly complained about hoons before fatal crash
Hawkes Bay Today

'This crash was preventable': Resident repeatedly complained about hoons before fatal crash

Vandalism caused by burnouts at an intersection was a contributing factor in the crash.

22 Aug 11:00 PM
NPC: A tough night in the cold for the Magpies
Hawkes Bay Today

NPC: A tough night in the cold for the Magpies

22 Aug 09:15 PM
Premium
Premium
 Laura Vodanovich: Film festival offerings a stunning array
Opinion

Laura Vodanovich: Film festival offerings a stunning array

22 Aug 06:00 PM


Farm plastic recycling: Getting it right saves cows, cash, and the planet
Sponsored

Farm plastic recycling: Getting it right saves cows, cash, and the planet

10 Aug 09:12 PM
NZ Herald
  • About NZ Herald
  • Meet the journalists
  • Newsletters
  • Classifieds
  • Help & support
  • Contact us
  • House rules
  • Privacy Policy
  • Terms of use
  • Competition terms & conditions
  • Our use of AI
Subscriber Services
  • Hawke's Bay Today e-edition
  • Manage your print subscription
  • Manage your digital subscription
  • Subscribe to Herald Premium
  • Subscribe to the Hawke's Bay Today
  • Gift a subscription
  • Subscriber FAQs
  • Subscription terms & conditions
  • Promotions and subscriber benefits
NZME Network
  • Hawke's Bay Today
  • The New Zealand Herald
  • The Northland Age
  • The Northern Advocate
  • Waikato Herald
  • Bay of Plenty Times
  • Rotorua Daily Post
  • Whanganui Chronicle
  • Viva
  • NZ Listener
  • Newstalk ZB
  • BusinessDesk
  • OneRoof
  • Driven Car Guide
  • iHeart Radio
  • Restaurant Hub
NZME
  • NZME Events
  • About NZME
  • NZME careers
  • Advertise with NZME
  • Digital self-service advertising
  • Book your classified ad
  • Photo sales
  • © Copyright 2025 NZME Publishing Limited
TOP