Business briefs
We take a look at the latest commercial law headlines that could impact your business.
Commercial
We take a look at the latest commercial law headlines that could impact your business.
On 31 March 2025, the government introduced into Parliament a reform package making major changes to New Zealand’s financial services landscape. Included in the reform package is the Credit Contracts and Consumer Finance Amendment Bill.
With this 2025 Budget and despite worldwide geopolitical and geoeconomic tensions, the minister has indicated New Zealand’s fiscal outlook will gradually recover, despite an initial period of retraction.
This is the first time the chief executive of a New Zealand company has been prosecuted over a workplace death. Lessons are to be learned.
The Fair Pay Agreements Repeal Act 2023, passed just over a year ago, has turned back the clock on industry-wide agreements.
We take a look at the Commerce Act 1986 and Commerce Commission review, the reform of overseas investment laws to boost economic growth, and tax changes for charities.
Companies Act reforms announced:A suite of changes aim to improve fairness and the ease of doing business in New Zealand.
Seeking ways to respect and incorporate differences into business practices
Most people in business know there is a substantial risk of not being paid by a company that goes into liquidation unless they have a
secured debt. However, a payment made by a company before it goes into liquidation may also be at risk of being clawed back.
Five companies sentenced over Whakaari/White Island eruption; Navigating financial distress; Commerce Commission win over Viagogo; CCCFA update