Published 16th December 2020 by Neil Dent, Gifford Devine
A focus on syndicated farm investments
With the current low interest rate regime looking set to continue for some time, investors are increasingly looking at ways to generate a reasonable income either for their retirement or for other forms of saving.
Recently, commercial property syndicates have come back into fashion. Their popularity is based on the return that they are able to provide to investors, notwithstanding the risks inherent in that sort of investment.
Published 23rd July 2019 by Angela Stafford, Wain & Naysmith
Risk of hefty penalties if you don’t
There are plenty of war stories about recordkeeping blunders. Think of offices crammed with paper, ‘lost’ documents, fireplace filing systems and online voids.
Section 194(1) of the Companies Act 1993 requires boards to keep correct accounting records. Records are supposed to ‘speak for themselves’ and allow the company’s financial position to be determined at any time with reasonable accuracy. Failure to keep proper records can badly hurt your business.
Published 5th June 2019 by Adrienne Olsen
As expected the government’s The Wellbeing Budget, presented by the Minister of Finance, the Hon Grant Robertson, on 30 May focussed very much on mental health and child wellbeing.
Published 20th May 2019 by Bayley Roylance, RMY Legal
Help to get your foot in the door
The purchase of your first home may be more in reach than you think. In 2018, the government aligned the purchase price limits of existing first home buyer schemes with the newly-launched KiwiBuild programme. As a first home buyer, or an eligible ‘second-chancer’, you could use these schemes to help you into your new home, sooner.
Published 9th April 2019 by Catherine Donaldson, Wilkinson Rodgers Lawyers
Getting help when you have difficulties with your insurer or financial services provider
The Insurance & Financial Services Ombudsman office (IFSO) was established in 1995 to help consumers who were in dispute with their insurers or financial services providers.
The IFSO is a free, independent entity to which you can lodge a complaint regarding the conduct and decisions of insurance and financial services providers, once you have exhausted that provider’s internal complaints procedures.
Published 30th November 2018 by Simpson Western
New Zealand’s ageing population has created a boom for retirement villages, with record numbers being developed.
Published 9th May 2017 by Scott Chamberlain, RMY Legal
By now, most first home buyers are aware that they can use a portion of their KiwiSaver balance to contribute towards the equity in their house purchase.
Published 3rd December 2015 by Wilkinson Rodgers Lawyers
Make sure you have a current Will – make an End of Year resolution
Published 23rd January 2015 by Jamie Rae, Edmonds Marshall
Guarantees are a common form of credit enhancement often required by banks and other lenders before they will provide finance, including loan advances.