News
Working solo: Tips to stay mentally well
If you work alone or in a small team, it can be easy to neglect your own wellbeing. Here are some ways to keep you feeling well and connected. Working on your own Working for yourself can have its advantages. It can offer the flexibility to choose where and when you work, and the ability to call your own shots. But in ...
Personal Information: What it is and how to protect it
All businesses collect information about people they work with or for, eg staff, suppliers, customers. New privacy laws may affect how you collect and store personal information. But what makes information personal?The Privacy Act is changing. If you collect, store or use personal information about employees or customers, you need to know about these changes.Get ready for privacy law change. What you ...
Tax Talk Newsletter Summer 2020
Government Improving Protections for Consumers and Workers when businesses fail On Monday 4 November 2019, Minister Kris Faafoi released a statement announcing changes that will favourably affect consumers and workers of failed businesses. Changes to insolvency law announced by the Government on 4 November will include requirements to honour up to 50 per cent of the value of gift cards or vouchers ...
Higher Bank Capital means Safer Banking System for all New Zealanders
5 December 2019 The Reserve Bank of New Zealand today released its final decisions following its comprehensive review of its capital framework for banks, known as the Capital Review. Governor Adrian Orr said the decisions to increase capital requirements are about making the banking system safer for all New Zealanders, and will ensure bank owners have a meaningful stake in their businesses. ...
Mandatory Barcodes for customers paying over the counter at Westpac
Customers can choose to pay their taxes over the counter (OTC) using cash or EFTPOS at a Westpac branch/smartATM even if they don’t bank with Westpac. Currently OTC payments make up less than 1% of all payments. From 1 July 2020, all OTC payments at Westpac must be accompanied by a barcode which identifies the customer, tax type and period. The ...