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Financial Advisers in New Zealand and Australia Take Note

Financial Advisers in New Zealand and Australia Take Note

The Trans-Tasman mutual recognition of financial advisers took effect from 6 July 2012.  If you're a financial adviser wishing to have flexibility to move back and forth between New Zealand and Australia this offers you a great advantage.

By Melissa Higham - 9 Jul 2012

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Upcoming changes to Agreement for Sale and Purchase

Upcoming changes to Agreement for Sale and Purchase

If you're planning on signing an Agreement for Sale and Purchase in the near future there are changes you need to be aware of.  The changes are particularly relevant if you're buying or selling a unit title.

By Kay Keam - 6 Jul 2012

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Family Court: New Fee Regime

Family Court:  New Fee Regime

On 1 July 2012 a new fee regime was introduced in the family court for division of assets and child care arrangements.  Prior to 1 July, the only fees in the family court were for dissolution of marriage.

By Tara Hurley - 2 Jul 2012

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Relief for Earthquake Insured

Relief for Earthquake Insured

Many insurance policies contain exclusion clauses which seem wide-reaching enough to bar many claims. However, a recent High Court decision underlines the need to carefully examine the effect of those clauses.

By - 25 Jun 2012

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Property purchasers beware

Property purchasers beware

Last week's announcement that the OCR will remain unchanged is good news if you're looking to purchase a new home ... provided you can find a house to buy! Reports of limited residential housing stock are rife, creating a fertile environment for vendors to achieve premium prices.  However, it is also a time when purchasers may be tempted to take additional risks in an effort to secure a property.

By Louise MacCallaugh - 15 Jun 2012

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Is your security interest still registered on the PPSR?

Is your security interest still registered on the PPSR?

On 1 May 2012 the Personal Properties Securities Register had its 10 year anniversary.  This is significant for secured parties as financing statements expire after a period of 5 years unless they are renewed prior to expiry.  If you were one of the first to register, you may need to again renew your financing statement(s) or your financing statement(s) may have already expired.  Have you checked?

By Melissa Higham - 8 Jun 2012

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Supreme Court rules in favour of Council in leaky building claim

Supreme Court rules in favour of Council in leaky building claim

In the recent Supreme Court decision of MacNamara v Auckland Council & ORS the Court ruled in favour of the Council in finding that they could not be held liable for accepting certification from a private certifier, ABC certifiers, even though the certifier's authority in relation to that type of house construction had been revoked.

By Andrew Steele - 29 May 2012

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Credit laws are changing

Credit laws are changing

Lending practices and credit law in New Zealand have come under considerable criticism in the last few years.  This has resulted in significant reforms to the Credit Contracts and Consumer Finance Act 2003 which are currently before Parliament. 

By Melissa Higham - 25 May 2012

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Changes to the District Court Rules

Changes to the District Court Rules

From 14 June 2012, changes will be occurring to procedure in the District Courts. These changes aim to "iron out some of the kinks" in the District Courts Rules which came into force in 2009.

By Claire Mansell - 21 May 2012

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Gender Diversity

Gender Diversity

Once again gender diversity in New Zealand business is making the news as the NZX proposes to require issuers to disclose the gender composition of their Boards and senior management teams as part of their annual reporting.

The NZX believes that gender diversity is directly correlated to managerial performance with organisations with greater gender diversity performing better at higher managerial levels.

By Melissa Higham - 4 May 2012

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