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Call for 'urgent' review of retirement village laws

Jenny Ruth
Wed, 09 Jun 2021

Retirement Commissioner Jane Wrightson said retirement villages need a better complaints system.
Jenny Ruth
Wed, 09 Jun 2021
The Retirement Commissioner Jane Wrightson is recommending an "urgent" review of the legislation governing retirement villages to ensure residents' rights are better protected. Some issues, such as confusing documentation and the lack of a clear-cut framework for dealing with complaints, will only get worse unless they're addressed, Wrightson said on releasing her findings after consulting with village operators, residents and other interested parties.Wrightson said what happens when residents move out of a retirement vil...

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America's Cup
Not dead yet: Auckland's America's Cup dream
Pattrick Smellie | Fri, 24 Sep 2021

Reports of the death of Mark Dunphy's bid to keep The America's Cup in Auckland may prove premature, although events this week suggest CPR may be required.

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Pacific Edge up 6%; while index dips
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The NZX 50 index fell as its biggest stock, Fisher & Paykel Healthcare, fell 3.1% back towards its average price of $32 per share.

Retirement villages operate like 'quasi-Ponzi schemes'
Jenny Ruth | Fri, 24 Sep 2021

Retirement village residents' association claims the rule to get legal advice before signing a contract doesn't protect residents – and is used against them.

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