First Rung, episode 2, is here!
Hi team! Thank you so much for your support of First Rung, our first podcast!
The launch last week went even better than we'd hoped. I'm over the moon.
I thought I'd drop by to let you know this week's episode, Location, Location, Location, is out now.
Just like the first one, it's packed with tips, advice and anecdotes from experts and home owners on every aspect of buying your first home. It also comes with a chance to win a $500 Resene prize pack.
In episode 2, we talk to a first time buyer who moved from one end of the country to the other for a chance to get on the ladder, hear about apartments as a viable first home option and an expert gives us some tips on how to choose the right lawyer.
We all know buying a home is one of the toughest, most daunting things we might ever do as adults, so it doesn't hurt to get some expert advice and support. That's what we wanted to give you with First Rung.
Give episode 2 a listen and let us know what you think - and I hope you're all in to win that crackin' prize pack!
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¨
Neighbourhood Challenge: Who Can Crack This One? βοΈβπ₯β
What has a head but no brain?
Do you think you know the answer? Simply 'Like' this post if you know the answer and the big reveal will be posted in the comments at 2pm on the day!
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