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27 Dec 2025 4:01
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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

    Politics:
    Ukraine has marked its fourth Christmas at war under continuing Russian attacks, with nationwide power outages and little optimism that ongoing diplomatic efforts will soon bring an end to the conflict 21:56

    Entertainment:
    Pete Davidson and Elsie Hewitt are "settling into a rhythm" of parenting 21:50

    Entertainment:
    Zooey Deschanel was left "devastated" by Rob Reiner's passing 21:20

    Business:
    You may not be entitled to a refund if you change your mind this Boxing Day 21:16

    Entertainment:
    Taylor Swift was always opposed to dating athletes - until she met Travis Kelce 20:50

    Entertainment:
    Jimmy Kimmel shed tears as he reflected on "a hard year" at Jimmy Kimmel Live! 20:20

    Boxing:
    Harry Brook's on the attack, Cameron Green runs himself out and Josh Tongue cashes in — quick hits from Boxing Day at the MCG 20:16

    Entertainment:
    Kate Winslet thinks Brits often struggle "talking about grief" 19:50

    Entertainment:
    Paul Rudd lied about playing Hamlet "in a production directed by Sir Ben Kingsley" at the beginning of his career 19:20

    Living & Travel:
    The Coastguard's expecting a busy summer on the water, and urges people to prioritise key safety steps before heading out 18:56


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