Health and safety: Successful prosecution of former chief executive
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.
Commercial
Fair Pay Agreements Repeal Act 2023
The Fair Pay Agreements Repeal Act 2023, passed just over a year ago, has turned back the clock on industry-wide agreements.
Business briefs
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.
Business briefs
Companies Act reforms announced:A suite of changes aim to improve fairness and the ease of doing business in New Zealand.
Embracing Tikanga Māori in your commercial contracts
Seeking ways to respect and incorporate differences into business practices
Voidable transactions
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.
Business briefs
Five companies sentenced over Whakaari/White Island eruption; Navigating financial distress; Commerce Commission win over Viagogo; CCCFA update
Can losses be recovered from a faulty building?
The High Court recently found that the construction and insurance sectors can rely on limited liability clauses when defending claims for negligence or breach of contract in commercial projects.
The Budget 2024
The Minister of Finance, Nicola Willis, delivered her first Budget on 30 May. The promised tax cuts have been delivered by adjusting the tax brackets. The minister admitted the Budget is “tight, but realistic” and she intends to stick closely to the allocated spending.
Business briefs
Cartel conduct: New Zealand’s first ever criminal cartel prosecution; New privacy rules for biometrics; New reporting obligations for large businesses