News

Minimum wage rises by $1.20 on 1 April 2022

The minimum wage is going up from $20.00 to $21.20 an hour on 1 April 2022. Here’s what you need to do. When: 1 April 2022 What: The new minimum wage rates, before tax, are: Adult – $21.20 an hour (up from $20.00) Starting-out – $16.96 per hour (up from $16.00) Training – $16.96 per hour (up from $16.00) Minimum pay rules - external link Why: By ...

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Consultation on proposed regulation of residential property managers

Closes 19 Apr 2022 The Government is seeking feedback on proposals for the regulation of residential property managers. The proposals aim to promote public confidence in the delivery of residential property management services and protect the interests of property owners, tenants and other consumers. Why we are consulting While residential property managers who are members of industry bodies follow minimum competency and practice ...

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Law changes round-up for 2021

From investment property changes to consumer credit updates, we’ve gathered recent law changes into one place. Check out this summary to see what applies to your business. Changes to consumer credit laws When: From 1 October 2021 What: Directors and senior managers of companies that provide consumer credit have to be certified as ‘fit and proper’, to provide this service. This means they’re ...

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Market Rent Statistics: 1 July - 31 December 2021

The latest market rent statistics are now available. The default market rent area displayed is based on your IP address. To change the area displayed, type the area you're wanting into the ‘Find the market rent in your area’ field, and then click on ‘Find rent’. The market rent tool is updated monthly and contains bond information from the previous six months ...

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New Zealand and the United Kingdom reached FTA Agreement in Principle

On 20 October 2021, New Zealand and the UK reached agreement on the key elements of a new high quality, comprehensive and progressive free trade agreement (FTA). These are set out below. Underpinning this Agreement in Principle is the legal text of the agreement. In most areas this has also been substantially concluded. Work to finalise the text in accordance with ...

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