Government implements significant property changes

Yesterday the Government renewed its war on residential landlords and announced some major changes in the property sector.  Obviously, the house price increases we have seen in the past couple of years are unsustainable and are having significant social impacts. …

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Staff Achievement: Triple Peaks Challenge

Last Month, WK Strawbridge Senior Advisor, Daniel Bullock, participated in the annual Triple Peaks Hawkes Bay Challenge – just in time for level two!  The event raises money to help with purchasing more native trees for the ‘Sleeping Giant’…

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Update on Covid support

New round of Wage Subsidy announced The Government has announced that Wage Subsidy is making a return for Round 4. This was signalled when the recent increase to the alert levels first occurred in the weekend. Applications will be able…

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Resurgence Support Payments – Part II

The announcement of an increase in Covid alert levels for at least 7 days means that another round of Resurgence Support Payment (RSP) will become available next week. Claims for the past level increase (the week beginning February the 15th)…

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Resurgence Support Payments

After the recent Auckland Community cases, the Government introduced a new mechanism to support businesses. The new scheme known as Resurgence Support Payments (“RSP”) is activated by a decision of Cabinet. Generally, this will be anytime Level 2 or higher…

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New Zealand property price circus side-show

Property prices have been the hot topic in the past few months as property prices have gone ballistic across the country.   Fundamentally, rapidly rising property prices are being driven by low supply.  However, the removal of the “loan to value”…

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Has your business adapted since Covid 19?

Are you focusing your time and energy on the right things at the moment? The things you CAN control, that will help your business thrive? Or are you focussing on things you can’t control, like politics, rules, regulations, outbreaks, lockdowns etc? The…

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ANZ’s Super Rugby Restart predictions competition

Eleven local businesses took part in ANZ’s Super Rugby Restart predictions competition in 2020. After the original tournament became defunct following the nationwide lockdown, a new tournament was set up for Super Rugby Aotearoa and Super Rugby AU matches…

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Labour announces its tax policy for election 2020

Labour has announced its tax policy, and it is surprisingly conservative. Labour is proposing that if it is re-elected then it will introduce a new top rate of 39% kicking in from $180,000. On Labour’s numbers this affects only 2%…

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Business Finance Guarantee changes…some further thoughts

Our blog last week has generated a lot of discussion. Something we’ve been asked is why the old scheme failed so badly, and do we think the improved scheme will perform any better. Here is our opinion on this. Why…

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