Business

When reviewing a property title, you may notice a reference to Section 72 of the Building Act 2004, or in some cases, its predecessor under the Building Act 1991. While it can look like a routine technical notation, a Section 72 notice is anything but minor. It signals that the land is affected by a known natural hazard and can have far-reaching consequences for property owners, buyers, developers, lenders, and insurers alike.

The Government’s Employment Relations Amendment Bill 2025 has passed its third reading on 17 February 2026, marking the most significant shift in New Zealand’s employment law settings since 2018. Most of the changes will take effect the following day after the Bill receives the Royal Assent (expected imminently).

New Zealand’s KiwiSaver scheme is set for a significant adjustment on 1 April 2026, with compulsory contribution rates for both employers and employees rising from 3% to 3.5%. This change forms part of the government’s staged plan to strengthen retirement savings, with a further increase to 4% scheduled for 1 April 2028.