Publications
Feature Article
Current Feature Articles
September 2010
Feature articles tackle a current business topic or look at recent decisions in the Courts.
Feature Article: Changes to Credit Reporting Afoot
Banks, finance companies, and the like may soon have access to more information about individuals. The Privacy Commissioner is looking at relaxing the current ban on positive credit reporting. It is also considering letting credit reporting agencies use driver licence information to check that they have the right individuals. Better credit reporting has privacy risks, but it may allow more informed decision making when loans are being sought. The closing date for submissions on the proposed changes is 13 August 2010...
Feature Article: Basel Accords - the Answer or the Problem?
Much has been written about the global financial crisis (GFC), its causes, and its implications for the financial markets generally. A perception that financial institutions have operated without due regard to the risks associated with particular transactions has lead to a push by policy makers to improve the regulatory framework that operates to protect investors and the integrity of the financial markets themselves.
Feature Article: Construction
Standard form construction contracts in New Zealand such as NZS 3910:2003 often do not expressly exclude liability for consequential losses. As a result, it has become increasingly common for contractors to 'tag' their tenders requiring a clause stating that neither party can claim indirect or consequential losses against each other. But is such an exclusion clause really necessary?
