Entering receivership is not something any company wishes upon themselves. Following recent receiverships that have seen a large amount of media attention, including Ebert Construction who owe their sub-contractors a reported $33.84 million, it is important to understand what a receivership is, and the responsibilities of the receiver.
Changes to the Overseas Investment Act 2005 will come into force on 22 October 2018. The amendments have implications for overseas persons looking to purchase residential land, and also forestry and horticulture land. This article will focus on interesting changes for the overseas purchase of forestry land.
The Labour-NZ First coalition government has committed to planting 1 billion trees over 10 years. That sounds like a massive number, but it is achievable.
There are a few logistical stumbling blocks to get around first, like finding the land and the manpower to plant the trees. But these problems can be overcome if you have enough money to throw at them.
British academics Professor Allyson Pollock and Graham Kirkwood have come out and requested that tackling and other forms of “harmful contact” be banned from school rugby. World renowned neuropathologist Dr Bennet Omalu also recently called for parents to stop their children from playing contact sports until they are at least 18, or risk them suffering permanent brain damage.
When Dr Omalu came on New Zealand TV and started talking about the damage head knocks can have on children’s brains, my wife immediately paid attention. Master A is 6 months old and is our first born. “He’s not playing rugby”, said my wife. “What if he wants to play rugby”, I replied? “He’s still not”, she shot back.
WorkSafe has issued a warning to farmers to refrain from attempting to harvest woodlots on farms themselves. Whilst it can be tempting to save a few dollars by cutting down your own trees, the reality is most farmers are not trained in commercial woodlot harvesting.
Many farms all over the country have small woodlots that are coming up to harvestable age. Most of these woodlots are planted on steep terrain and require experienced forestry professionals to safely harvest the trees. Unfortunately, there have been incidences of farmers attempting to manually fell woodlots with chainsaws themselves. This is a recipe for disaster.