Outstanding value in a central location
With record low interest rates, there's never been a better time to invest in property.
Ellerslie is fast becoming one of the city's most popular suburbs, and Safari Group's The Residences at Central Park is an exciting development comprising a range of studio, one, and two-bedroom apartments at a surprisingly attractive price point.
As a successful and well-respected investor-focused company, that has been bringing similar properties to market for 25 years, Safari Group manages the whole process, from design and construction, through to marketing, sales and even management.
Their broad experience and attention to detail means that potential buyers are assured of a quality investment, which will deliver excellent returns, for those looking for cash flow positive investments
Solidly constructed, with concrete reinforced piles, the concrete and steel exterior is elegantly clad with pre-finished aluminium curtain wall, ensuring comfortable assimilation into the built environment.
π Christmas 2025 Holiday Pay - What You Need to Know π
π Christmas 2025 Holiday Pay - What NZ Employers Need to Know π
With Christmas fast approaching, itβs important to make sure your team is paid correctly over the holiday period - especially with holiday legislation changes on the horizon.
π Good news: For Christmas 2025, the current Holidays Act rules still apply.
Hereβs a simple breakdown π
β
Employees with 12+ months service
β’ Entitled to 4 weeks paid annual leave
β’ Pay the higher of:
π Ordinary Weekly Pay or Average Weekly Earnings
π Full-time example
β’ 8 hrs/day Γ 5 days = 40 hrs/week
β’ $1,200 per week = $240 per leave day
π Part-time example
β’ 3 hrs/day Γ 4 days = 12 hrs/week
β’ $300 per week = $75 per leave day
β
Employees with less than 12 months service
β’ Not yet entitled to annual leave
β’ If your business closes down over Christmas, they must still be paid holiday pay for the closedown period (usually paid via payroll accruals or 8% of gross earnings under current law)
π Christmas & New Year Public Holidays
β’ Christmas Day (25 Dec)
β’ Boxing Day (26 Dec)
β’ New Yearβs Day (1 Jan)
βοΈ If the day is a normal working day, employees are paid for it
βοΈ If they work on a public holiday:
β‘οΈ Time and a half + an alternative paid day off
π Important β Changes Coming
The Holidays Act will eventually be replaced by a new Employment Leave Act, moving to hours-based leave accrual and simplified calculations.
β οΈ These changes are not in force yet, so Christmas 2025 still follows current rules.
π¬ Need help checking your payroll or holiday calculations?
π§ Email: info@corefigures.co.nz
π Website: corefigures.co.nz...
β¨ Feel free to share this with other NZ business owners β¨
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