The Residential Tenancies Amendment Act 2024 was passed into law on 17 December 2024 and introduces a number of changes for existing and future residential tenancy arrangements which are scheduled to take effect over the course of 2025. Introduction The Residential Tenancies Amendment Act 2024 ...

The Court of Appeal has recently found that a tenant was not liable for all reinstatement costs undertaken by, and claimed from, the landlord. In The Gama Foundation v Fletcher Steel Limited[1] the Court of Appeal considered whether a landlord has the right to demand ...

Our Property Team are proud to be the authors of the 2022 Chambers Global Practice Guide – New Zealand Real Estate chapter. The team have been the sole contributors to this chapter since 2019. Chambers and Partners provide definitive global law guides offering comparative analysis ...

The Income Tax Act 2007 now includes a standard mechanism to allocate the values of assets in certain transactions. The Income Tax Act 2007 was recently amended pursuant to the Taxation (Annual Rates for 2020–21, Feasibility Expenditure, and Remedial Matters) Act 2021 to insert a ...

Our Property Team is proud to have contributed as the sole author of the New Zealand chapter of the Chambers and Partners 2019, 2020  and 2021 Global Practice Guides on Real Estate. Read our most recent analysis of New Zealand Real Estate law here.  Click here ...

Check out our Property Team's summary of significant property case law developments across 2020 in our second edition of Real. below:  

On 23 March 2021 the Government released a number of housing policy changes targeted to increase the supply of houses and decrease residential property investor demand. The policies include changes to interest deductibility, an extended bright-line test period, a new $3.8 billion "Housing Acceleration Fund" ...

In response to the ongoing COVID-19 Pandemic, on 15 April 2020 the Government announced new measures to support commercial landlords, tenants and property owners with mortgages. These changes are summarised below. Commercial lease cancellation Under the Property Law Act 2007 (Act) in its current form, ...

The reform of the Residential Tenancies Act 1986 (Act) aims to introduce new protections for both tenants and landlords, and encourage good-faith relationships. Home ownership is decreasing while renting is consistently on the rise with one-third of New Zealanders now renting. There are a number ...

Our industry leading Property Team is proud to have contributed as the sole author of the New Zealand chapter of the Chambers and Partners 2019 Global Practice Guide on Real Estate. Chambers and Partners is often referred to as ‘the gold-standard’ in independent legal research ...