If you are involved in the credit or rural industries, you may be aware that the Farm Debt Mediation Act is in effect.

New Zealand's securities law has developed significantly since the enactment of the Securities Act in 1978. Securities Law in New Zealand examines these developments and puts them into context.

The case is a reminder that a liquidation order will be dismissed when there are grounds to believe a debt is disputed.

The takeaway point from this case - care must be taken in providing a personal guarantee when involved in a business.

There may be issues, if your child is already in a relationship or if they get into one after the property is purchased.

In April 2020, the Reserve Bank announced the LVR restrictions would be removed for 12 months, ending May 2021.

The proposed law, expected to be fully operational on 1 July 2020, establishes a mandatory farm debt mediation scheme.

Interest on listed or widely held bonds will be exempt from the 2% approved issuer levy (AIL) as the Government seeks to encourage more foreign lenders to participate in the New Zealand corporate bond market. A number of restrictions are proposed on the exemption so issuers hoping to attract foreign interest will need to consider the legislation carefully, and to make submissions if they believe it requires amendment. No submission date has yet been set.

Most of NZX's top 25 listed companies now have a diverse mix of debt funding - a trend which is likely to continue.

Mortgagee sales offer a chance to buy a cheaper property but require thorough due diligence before signing the contract.

Five international law firms with a presence in Australia have got together and developed a set of model PPSA provisions.

Businesses should manage risks by PPSR registration against all customers at the time of setting up their accounts.

Refinancing can be a good way of negotiating a reduced mortgage interest rate or a cash contribution from a new bank.

The Reserve Bank proposes to remove loan to value ratios (LVR) in reply to the economic downturn expected from COVID-19.

The Securities Act (Short Form Prospectus) Exemption Notice 2009, which replaces the Securities Act (Short Form Prospectus) Exemption Notice 2002, came into force on Monday.

These proposals aim to increase certainty, provide assistance to company directors, and further protect jobs and income.

The Personal Property Securities Register (PPSR) incorporates the introduction of the New Zealand Business Number (NZBN).

The Law Commission completed a report on provisions to modernise the 1952 Act and the updated Act has received assent.

This act introduces some significant changes which will affect all lenders providing consumer credit in New Zealand.

When you are considering your next building project, it's important to think about what security you require.