Welcome to the July edition of our Industry Insights and e-News.
With the dawn of the new Financial Year often bringing important Legislation and Government changes, this month’s e-news covers some of the key developments introduced on 1 July that may affect you or your business.
For eligible New Zealanders living in Australia, a new pathway to permanent residency, called the Skilled Independent 189 (New Zealand) Visa Stream, was introduced on 1 July and will apply to NZ citizens who meet the particular requirements. Sellers of property should also be aware of amendments to the foreign resident capital gains withholding regime that also came into effect this month.
In the commercial and property sector, our Special Counsel Michael Sings takes a detailed look at put and call options and why they are beneficial. In addition, our team outlines key information relating to the Short Term Lease changes to PPSA requirements and some important considerations for Restraints of Trade clauses in contracts.
Newsletter highlights:
- Pathway to Permanent Residence for New Zealand Citizens
- Changes to the Foreign Resident Capital Gains Withholding Regime
- What are put and call options and why are they beneficial
- Short Term Lease changes to PPSA requirements
- Considering Restraints of Trade
For more information, don’t hesitate to contact us.
