When the doors shut: employer and employee rights and obligations

When the doors shut: employer and employee rights and obligations
When a business is in trouble what should employees be told? (Image: Getty)
Bronwyn Heenan
Sophie Hawksworth
New Zealand’s unemployment rate rose to 5.2% in the June 2025 quarter, according to figures released this week. As the economy takes longer to recover from the recession, costs increase and profit margins tighten, more businesses are facing solvency issues, and it is likely that the unemployment figures will be higher in the next quarter. Statistics for 2024 revealed the highest number of formal insolvency appointments for the past 10 years.  As of 30 June 2025, that annual figure is on track for another increase.  Tho...

More Law & Regulation

Auditor general's fast track warning
Policy

Auditor general's fast track warning

Review found the fast track process was tighter than current Cabinet Manual rules.

IRD chases debts of firms owned by extradited woman
Law & Regulation

IRD chases debts of firms owned by extradited woman

Control of the companies was transferred to Pearson in the mid-2010s.

FMA gets eligible investor certification clarity
Finance

FMA gets eligible investor certification clarity

High Court Justice Sally Fitzgerald released a 45-page judgment on Thursday.

Staff reporters 19 Sep 2025
Merger law reforms overdue and welcome
Markets

Merger law reforms overdue and welcome

What the proposed competition law changes could mean for future mergers

Garth Bray 19 Sep 2025