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15 Dec 2025 12:23
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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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     Today's News

    Entertainment:
    Leonardo DiCaprio is still trying to work out the right balance between his personal and professional lives 12:20

    Soccer:
    Wellington Phoenix coach Giancarlo Italiano is adamant he's still the right man for the job as scrutiny heightens after another defeat 11:57

    Entertainment:
    Gloria Gaynor was "in shock" to be named as a Kennedy Center honouree 11:50

    Entertainment:
    Ryan Reynolds and Rob McElhenney have sold a stake in Wrexham to a US investment firm 11:20

    Rugby:
    A record-breaking swim for Lewis Clareburt in Australia 11:07

    Entertainment:
    Arlene Silver is "so grateful" to have her husband Dick Van Dyke for company 10:50

    Business:
    The Prime Minister's tempering expectations ahead of the Government's books opening this week 10:47

    Law and Order:
    Belief a former Gloriavale leader got away with a light prison sentence - after admitting a raft of sex offences 10:27

    Entertainment:
    Rebel Wilson's wife Ramona Agruma is pregnant with the couple's second child 10:20

    Law and Order:
    Police investigating the death of a man in a home invasion in Waikanae, have arrested six men, charging five with murder 10:07


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