Knowledge
Climate Change: Rebuild or managed retreat?
Wednesday 8 March, 2023
As New Zealand recovers from the devastation caused by Cyclone Gabrielle, climate change and its potential impact on communities are increasingly pressing issues. However, before we address the issue, we have to decide who will bear the financial burden of abandoning communities.
Snapshot: In case of emergency
Tuesday 28 February, 2023
The first quarter of 2023 has seen various parts of New Zealand contending with repeated severe weather events, and the resulting damage to both public infrastructure and private property has been some of the most serious and widespread in living memory.
Spotlight on how long large businesses take to pay their bills
Wednesday 22 February, 2023
“Another day, another dollar”; the age-old saying that keeps Kiwis showing up at work to earn their living wage in times where the cost of living is at a record high. For small business owners though, this saying sounds more like “Another day, another 23.8 days until another dollar.”
Natural disasters: what do employers need to know?
Thursday 16 February, 2023
The impact of Cyclone Gabrielle and the late January flooding has wreaked havoc on much of the North Island. Many businesses have had to close, due to damaged premises. Employers, especially in Auckland and the East Coast, are facing difficult decisions about whether and how they can operate until the clean-up is complete, particularly for businesses which rely on in-person customers.
Summer Flooding - Some relief for businesses?
Thursday 2 February, 2023
The recent weather in Auckland and the top half of the North Island has been unprecedented – Auckland City recorded more than 800% of its normal January rainfall by 31 January! A state of emergency was declared in Auckland on 27 January 2023, with Waitomo (28 January 2023) and Northland (31 January) following.
Director personal liability more acute as tough times bite business
Thursday 22 December, 2022
In the current economic environment, many companies are going to be facing situations where solvency is at risk or where there is a need to incur obligations to stay alive. Company directors must be ultra-vigilant when it comes to their directors’ duties.