As a result of the recent Kaikoura earthquake, aftershocks, and a heightened risk of more activity New Zealand’s major insurers have created a “restriction zone”, within which there are significant limitations on the availability of new insurance. This is largely due...
As a builder, when is insurance your responsibility and when is up to your customer to arrange? The simple answer is that it depends on a number of factors. Getting it wrong could end up costing you big time, so it’s important you understand how it works. Firstly,...
The Building Act 2004 imposes a number of “implied warranty” obligations on builders. This means builders automatically provide these warranties to their clients when doing any residential building work, regardless of what it says in your contract. If you breach these...
Who is your business’ most important person? What would happen to your business if that person was unable to work for a period of time? Small & medium sized businesses, like the majority of Kiwi building firms, generally have one or two people that they depend on...
The average construction business in New Zealand has less than 3 employees, which means the building industry here is rich with small “Mum & Dad” and “one man band” operators running their own small businesses. Most of these businesses start when a builder, sparky...
