Articles tagged with ECE
Government Raises Probate Threshold to $40,000 for Faster Asset Access | 2025 Update
14 hours ago | 97 viewsThe Government has agreed to raise the probate threshold from $15,000 to $40,000 to make it easier and cheaper for families to access assets of deceased loved ones, according to Justice Minister Paul Goldsmith. The current threshold set in 2009 no longer reflects the value of estates, especially with KiwiSaver balances, leading to smaller estates being burdened by court costs and legal fees. The increase aims to allow executors to distribute lower-value assets more efficiently, ensuring more of the estate goes to beneficiaries, while still maintaining oversight through the High Court for higher value assets to prevent fraud or non-compliance with the deceased's wishes.
Tags: Government probate threshold assets deceased loved ones Justice Minister Paul Goldsmith KiwiSaver High Court legal fees beneficiariesNew Legislation Enhancing Early Childhood Education Regulation for Child Safety and Clarity
21 hours ago | 94 viewsAssociate Education Minister David Seymour has introduced new legislation to clarify the purpose of regulating early childhood education (ECE) and shift enforcement responsibilities to the Education Review Office (ERO) from the Ministry of Education. The Early Childhood Education Reform Bill prioritizes child safety, aims to reduce regulatory burden on ECE providers, and ensure consistent application of regulations nationwide. The reforms include creating a Director of Regulation, establishing key principles for ECE oversight, and streamlining processes to support high-quality ECE centers and enhance parental choice.
Tags: David Seymour Education Minister legislation early childhood education ECE Education Review Office Ministry of Education child safety regulations Director of Regulation