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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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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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 Grant - 2 Jul 2012
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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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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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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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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construction had been revoked.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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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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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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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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