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31 Dec 2025 7:30
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  •   Home > News > Business

    A legal expert has concerns about the changes made to our Companies Act

    A legal expert has concerns about the changes made to our Companies Act


    The Government's introduced legislation which removes the legal risk for directors.

    The University of Auckland's John Land says that could be worrying.

    He wants to know if it means there's a full license to engage in reckless trading - but he says directors will still have to follow their obligations of good faith.

    Under the rules, businesses will also be able to park debt until they start trading again.

    © 2025 Newstalk ZB, NZCity

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     30 Dec: New Zealand's tourism sector appears to be finishing the year in a strong position - inching up to pre-pandemic numbers
     30 Dec: Projections investors will return to the housing market in 2026
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     Today's News

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    Entertainment:
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    Business:
    Eurostar train services cancelled across Europe due to power issue 7:07

    Entertainment:
    King Charles gives his staff a hand-signed Christmas card and a personal gift each year 6:38

    Entertainment:
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    Living & Travel:
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