New avenue for capital raising - small offers exclusion
The recently introduced Financial Markets Conduct Act 2013 has completely overhauled New Zealand’s capital markets and financial services laws.
Cooking up a storm: the zero hours contracts debate
April saw a number of protests across the country concerning the use of zero hours contracts.
Parent company liable for debt of subsidiary company in liquidation
If you are a director of a company in a corporate group, a recent High Court decision¹ should serve as a timely reminder of the need to preserve each company’s...
Minimum wage review 2015
The government reviews the minimum wage each year. On 1 April 2015 the adult minimum wage is to rise from $14.25/hour to $14.75/hour.
New employment law provisions in force
The Employment Relations Amendment Act 2014 came into effect on 6 March 2015 and makes some important changes to New Zealand’s employment law. Key changes include:
'Mondayising' public holidays
The Holidays (Full Recognition of Waitangi Day and ANZAC Day) Amendment Act 2013 came into force on 1 January 2014.
New Legislation for Builders
On 1 January 2015 the Building Amendment Act 2013 came into force. As well as strengthening the consumer protection provisions currently in the Building Act 2004, it also implements new...
Guarantees: Assuming the Risk
Guarantees are a common form of credit enhancement often required by banks and other lenders before they will provide finance, including loan advances.
Financial markets overhaul complete
On 1 December 2014 the second phase of the implementation of the Financial Markets Conduct Act 2013 came into force.
Important employment law changes come into force on 6 March
The Employment Relations Amendment Act 2014 (which amends the Employment Relations Act 2000 and comes into force on 6 March 2015) makes significant changes to New Zealand employment law.