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26 Dec 2025 14:25
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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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     25 Dec: Whitney Hansen will mix business with relaxation over the Christmas break
     25 Dec: US and Ukraine reach consensus on key issues to end war with Russia but territorial disputes remain
     24 Dec: Disappointment for retailers this Christmas Eve - as shoppers appear to be feeling the pinch
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     Today's News

    Entertainment:
    Taylor Swift has given her fans an early Christmas present - the final two episodes of her documentary series will be available earlier than billed 14:20

    Motoring:
    So close to the top of rally car racing, for young driver Zeal Jones 14:07

    Rugby:
    Family is the main reason for Pita Ahki coming back home to play Super Rugby Pacific 13:57

    Entertainment:
    Lisa Rinna has opened up about a "very uncomfortable" couple of years when her daughters were feuding 13:50

    Sailing:
    A New Zealand yacht is expected to be right in contention for the overall race win in the Sydney to Hobart classic 13:47

    Accident and Emergency:
    A search continues for a person who went missing after a jet ski incident near Port Waikato on Christmas 13:47

    Basketball:
    A rare sight this season in basketball's NBA.. 13:27

    Entertainment:
    Jason Donovan has described his collapse at Kate Moss' 21st birthday party as "through the roof embarrassing" 13:20

    Entertainment:
    Ed Sheeran ditched his "beer-guzzling" lifestyle after becoming a father because he wanted to be "a responsible dad" 12:50

    Rugby League:
    Confidence from boxer Joseph Parker's manager that they'll soon be free to discuss more details around the former heavyweight world champion's positive drugs test 12:27


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