Labor Party Seeks New Direction Through Tax Policy Review The Labor Party is currently in the process of reviewing its stance on capital gains and wealth taxes. Earlier this year, party leader Chris Hopkins announced that there would be no wealth or capital gains taxes after the election under his leadership. This decision led to dissent among some party members during a Labor Party executive me..

Year-Long Decline in New Housing Permits by 20%, Stand-alone Housing Market Faces Crisis As of September this year, a total of 44,408 new housing permits were issued nationwide over the past year. According to data from the National Statistics Office, this marks a 20% decline compared to the annual 57,320 permits issued until September last year. Statisticians have noted that this is the highest..

Air New Zealand warns of disruption for the next two years amid engine inspections Air New Zealand is making schedule changes on some routes due to engine inspections. The Auckland-Seoul (Incheon) direct route and the Auckland-Hobart (Australia) route will be temporarily suspended from April 2024 for six months. Currently, Air New Zealand operates the Auckland-Incheon direct route three times a ..

Average Auckland house deposit may reach $1m by 2045 A warning has surfaced that first-time homebuyers in New Zealand may find it increasingly challenging to afford the down payment for an average-priced home. According to a report shared exclusively with 1News, the Auckland average housing deposit is predicted to reach $1 million by the year 2045. Auckland designer Raph Roake contends that home..

Complex Reality of New Zealand Housing Market: Kiwis share regrets about buying first home Wellington, New Zealand - Some New Zealand citizens who purchased their first homes are currently facing financial crises and regretting their decisions. These stories have become a hot topic on social media, with over 230 people commenting on a post titled, "Do you regret buying your first home?" One user..

Median-income First Home Buyers Struggle to Save for a Deposit It appears that middle-income individuals aiming to purchase their first homes will find it challenging to accumulate the required deposit. According to the Aera Time to Deposit Index report, which is based on research by Aera, middle-income homebuyers face unfavorable conditions when it comes to saving the 20% deposit on the average..

House prices starting to rise but recovery is slow going The stagnation in the New Zealand real estate market is expected to come to an end with signs of recovery on the horizon. According to the latest report from CoreLogic, the Housing Price Index (HPI) rose by 0.4% in October, marking a 0.1% increase over the past three months and the first increase in property values since March 2022. Kelvin..

■ 이완상 변호사의 법률컬럼 제 192회 유언장 (Will) – 6편 (이전 호에서 계속) 소규모 유산 (Small Estate) 의 집행 유산 중에 부동산이 포함되지 않은 소규모의 유산에 대하여는 별도로 법원에 집행허가 (Probate 또는 Letters of Administration)를 받을 필요가 없다. 대표적인 소규모 유산은 15,000불이 넘지 않는 은행 예금, 주식, 생명보험, 국채, 지방채 등이다. 따라서 은행, 회사 등은 법원의 허가절차 없이 합당한 자격이 있는 유언 집행인이나 가족 등에게 소규모 유산을 넘겨줄 수가 있다. 다만, 이런 경우 유언 집행인은 사망진단서 등 해당기관이 요구하는 서류들을 제출해야 하고, 유산분배에 있어서도 반드시 유언장에 명시된 대로, 그리고 유언장이 없는 경우..