Government & politics

New Zealand signals move to Level 3 restrictions

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By MYOB Team

New Zealand may be on the cusp of relaxing at least some of its social distancing and lockdown restrictions, and the nation’s retail businesses are being urged to start preparing now.

Government announces additional $3.2bn in business stimulus

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By Campbell Phillips

The Government’s new $3.2b coronavirus support package contains tax breaks, business advice and commercial rental relief.

Commercial tenants seek to strike a deal with landlords

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By Nina Hendy

As trade for businesses operating retail, hospitality and many other sectors come to a halt amid the COVID-19 crisis, tenants rush to negotiate new rental agreements.

Government stimulus measures for businesses so far, more on the way

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By MYOB Team

The New Zealand Finance Minister has revealed small to medium businesses can expect more financial support from the Government in the months ahead.

Explained: Government’s modified wage subsidy scheme

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By Patrick Stafford

Following the release of several stimulus measures for employers and individuals, the Ardern Government has moved to amend its wages subsidy scheme to combine with leave subsidy payments.

What stimulus support can sole traders and self-employed workers receive?

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By MYOB Team

With the announcement of wage subsidies and other support for businesses impacted by COVID-19, we asked local expert Lynley Averis, owner of AccountAgility NZ, how sole traders and freelancers can apply to receive assistance.

COVID-19: Economic stimulus for businesses in Australia and New Zealand

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By Benjamin Kluwgant

State and federal governments have been unveiling stimulus packages in an attempt to throw their economies a lifeline as the coronavirus pandemic unfolds.

$12.1b support package for Kiwi businesses impacted by COVID-19

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By Campbell Phillips

As the world continues to grapple with the COVID-19 pandemic, the Ardern Government has swung into action, announcing one of the largest stimulus initiatives in the world, equating to around four percent of GDP.

Trusts Act 2019: Law of trusts evolves in NZ

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By Henry Brandts-Giesen

New Zealand has one of the highest rates of trusts per capita in the world, but the law regarding trusts has been long overdue for an update. If you’re a trustee, there are some things you should know before changes come into force in 2021, writes Henry Brandts-Giesen.

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