Law & Regulation
Explore the latest legal news by BusinessDesk, covering legal rulings, important court cases, and more.
Property
Foreign buyers to pay $3 mln over unlawful rural land purchases
By Paul McBeth July 5 (BusinessDesk) - Foreign buyers will end up in the red after agreeing to pay almost $3 million in penalties for purchasing rural land north of Auckland without Overseas Investment Office consent. The High Court yesterday ordered Chinese businessmen Zh...
Finance
RBNZ will have to be more sceptical in regulatory oversight - Orr
By Paul McBeth July 4 (BusinessDesk) - Reserve Bank governor Adrian Orr says the prudential supervisor will have to be more sceptical in its oversight of the insurance and banking sectors given the lack of self-discipline shown in the CBL Insurance case. The central bank y...
Finance
CBL failure a 'dramatic' example of need for stronger supervision
By Paul McBeth July 3 (BusinessDesk) - The failure of CBL Insurance was a "dramatic" example of the inadequacies of prudential regulation and supervision for insurers and backs the case for greater resourcing, according to a report on how the Reserve Bank handled the case. ...
Property
QV watching for impact of healthy homes law as property market slows in June
By Paul McBeth July 3 (BusinessDesk) - Quotable Value has a watching brief on whether new law requiring proper insulation on rental properties will drive up rents as expected, at a time when Auckland's slowing housing market is dragging down national prices. Regulations re...
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Victoria Young
Editor
With a professional career spanning New Zealand, Singapore, and London, Victoria Young has been with BusinessDesk since 2019, initially as a senior reporter before taking on the role of investigations editor in 2022, then editor in 2024.
She has been instrumental in growing BusinessDesk as this country’s premium business news brand.
She was the 2023 recipient of a Brian Gaynor initiative grant.
Victoria holds law and arts degrees from Victoria University of Wellington.
You can follow her on Twitter @victoriayoung03 or connect with her on LinkedIn here.
She has been instrumental in growing BusinessDesk as this country’s premium business news brand.
She was the 2023 recipient of a Brian Gaynor initiative grant.
Victoria holds law and arts degrees from Victoria University of Wellington.
You can follow her on Twitter @victoriayoung03 or connect with her on LinkedIn here.
Followers will be emailed
articles by Victoria