Theresa Gattung, the Ex Telecom Chief Executive, has decided not to buy flowers for her coworker by using her credit card. She also said that having more than one business lunch in a month and paying the amount by credit card is not a good thing.

Gattung, who is now the chairwoman of Wool Partners International, said that the latest inquiry of credit card spending in the public sector has earned ‘everyone’s attention’ in the private sector also.

As per the figures from the Reserve Bank, debt rates on many company credit cards has not increased anyplace near the personal debt rates in the last few years.

The reason for this is that a small number of employees possess Company credit cards and the organizations pay the debts as quickly as possible in order to avoid interest charges.

According to Gattung, “If you are spending someone else’s money—it doesn’t really matter if it’s the company’s money or the taxpayer’s money—then there’s a high standard of responsibility”.

John Judge, who is the Director of Fletcher Challenge and also the Chairman of both ACC and Te Papa says that there is nothing wrong in buying flowers for an ailing colleague occasionally. He also said that buying a bottle of wine on credit card sometimes is also okay.