Statement to the Profession from the Chief Justice
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Regulation is on its way for residential property managers. Currently, anyone can hang out their shingle without training, licensing or even knowledge of the relevant law. Property managers handle thousands or even tens of thousands of dollars at a time on behalf of landlords and tenants. Some have not proved to be honest.
A specialist High Court panel could be set up to help weave tikanga into domestic law, as could an expanded jurisdiction for the Māori Land Court and the appointment of tikanga experts as lay members of the court.
The covid-19 wage subsidy was initiated by the government in March 2020 to help businesses suffering from revenue declines as a result of the nationwide lockdown.
Cryptopia Ltd ran a cryptocurrency exchange. In January 2019, it was hacked, resulting in a loss of $30 million in cryptocurrency holdings.