The Queenstown Lakes District Council announced changes to short-term visitor accommodation rules, covering the likes of Airbnb, for certain zones earlier this year – but that didn’t account for all properties.
It was quite the surreal situation ... the former Prime Minister in the dock – not as a star witness, but as a defendant. How paradoxical that such an accomplished luminary – someone who’d once run the entire country – was accused of failing so terribly in her governance of a construction company.
If you’re in business and employ staff, there is a raft of newly-implemented and incoming employment changes – and, you need to be not only across them, but actively prepared.
A 2018 Court of Appeal decision[1] has made a director liable for almost $500,000 of company debt due to the company’s failure to keep adequate accounting records.
The recent collapses of construction companies have taken many in the industry by surprise, particularly subcontractors who were owed retention moneys.
It’s an exciting time watching your business really take off and hit its straps – although, that excitement is usually balanced by the reality of the new challenges and responsibilities that invariably come with growth.