Covid-19: Commercial Leases - Rental
We have been approached by a number of Landlords and Tenants querying what their Tenant’s obligation to pay rental is during the lock down.
This will depend on the terms of your lease..
Covid-19: Making or Updating your Will
One of the things many people think about in times like these (actually it also seems to be right before Christmas or going on holiday) is whether they have a will in place, or need to make changes.
We don’t want you to be anxious so here’s a few things to think about to put you at ease.
Covid-19: Immigration Issues
The closure of New Zealand borders means the tourism industry, and in particular Queenstown, has been hit hard.
Tourists are no longer allowed to enter New Zealand’s borders. Lack of tourists means lack of work, and tourists who are already here on a working visa are facing job losses.
Covid-19: The Minimum Wage
New Zealand’s next minimum wage increase is occuring in the midst of the country being at COVID-19 Alert Level 4. On Wednesday, 1 April 2020 the adult minimum wage rate increased by $1.20, from $17.70 to $18.90 per hour. The starting-out and training minimum wage rates will increase 96 cents from $14.16 to $15.12 per hour, and will remain at 80% of the adult rate.
Covid-19: Mortgage Holiday
Covid-19 is infecting my mortgagee repayments!
New Zealand’s property market over the past few months has been buoyant. First home buyers have been missing out on a property when multiple offers are presented with buyers making offers above the asking price.
