Property relationships act 1976 New Zealand

This petition had 112 supporters

The issue

The property relation act 1976 presumes that both partners contributes equally in a relationship. 

And that any property acquired during a relationship is split equally at the end of the relationship .

I think that there would be very few relationships where both parties would consider that they have contributed at 50 /50 .

 I developed a forestry block while working full time to support the family .I also developed a firewood and contracting bussiness  and paid off a house while in a relationship  for  32 years. 

I believe this shows my commitment to the relationship  and that I was looking forward to being financially  secure for our retirement  .

I basically worked 7 days a week for 25 years to make this happen .

So in my opinion a 50/50 split is unrealistic and unjust it makes it to easy for the partner that does least amount of work input to walk away with half .

It needs to be means tested by work and financial and commitment  to the relationship to assess a fair way of devision not a 50/50 .

Maybe the couple's should have counciling before separating in case the problem can be sorted out and the relationship can be saved .

To much of the laws are targeting separating families rather than keeping them together ie protection orders ,legal aid ,womans refuge .

And splitting assets .

Then this goes into the next generation .

Under present law there is no incentive  to do any more than the  partner that is the least motivated. 

Which would cause no growth in the community  or in bussiness, everyone loses including goverment in ways of tax and new  bussiness .

When relationships break down there is huge  mental trauma. The family breaks down , anxiety ,stress ,anger,depression and counciling .Some people need medication and dont work the same .

There is huge costs to peoples wellbeing and productiveness 

This also has affects on the children involved even if it's not realized at the time but shows up in their later life .

I believe that this law helps people to walk away from a relationship instead of facing the problem and moving forward .

Many people have already had there lives and dreams wreaked by this very law .

It needs to be changed for the better good .

Your help is needed .

Regards 

Terry Fearn .

 

 

 

 

avatar of the starter
Terry FearnPetition starterHard working honest kiwi bloke .

The Decision Makers

New Zealand Goverment .
New Zealand Goverment .
Jacinda Ardern

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