Grant Thornton - Latest News [Page 1]

Budget Must Deliver For A GP Workforce In Crisis

Monday, 16 May 2022, 9:42 am | Grant Thornton

Funding to train more general practitioners is desperately needed in this year’s Budget. Why? Because our GP workforce is in crisis, says Pam Newlove, Partner at Grant Thornton New Zealand. Read Pam’s full article here . Newlove says, “Our ... More >>

Budget 2022 Should Back Build-to-rent Communities

Thursday, 12 May 2022, 5:26 am | Grant Thornton

New Zealand needs rental properties that give tenants a better experience, so let’s incentivise the creation of build-to-rent-communities, says Dan Lowe, Partner, and Property & Construction Leader.  “New Zealand has a severe shortage ... More >>

Armstrong Downes Commercial 2012 Limited (ADC) Appoints Grant Thornton As Liquidators

Monday, 2 May 2022, 1:34 pm | Grant Thornton

David Ruscoe and Russell Moore from Grant Thornton New Zealand have been appointed liquidators of ADC, a Wellington based construction company. Two of the company’s largest construction projects are suffering substantial losses as a result of being ... More >>

Grant Thornton New Zealand Launches Industry-leading Parental Leave Policy

Wednesday, 27 October 2021, 4:13 pm | Grant Thornton

This month, Grant Thornton New Zealand launched its market-leading parental leave policy which tops up the 26-week Government primary carer leave payment to 100% of its employees’ base salary. KiwiSaver members will also receive employer contributions ... More >>

The Rental Crisis Affects Us All - And It’s Crippling NZ’s Progress

Tuesday, 23 March 2021, 9:39 am | Grant Thornton

If you think the rental crisis doesn’t affect you, you’re wrong. Maybe you think you’re not affected because you own your own house, and you’re not a landlord. Wrong. New Zealand’s rental crisis isn’t only causing homelessness and poverty, ... More >>

Grant Thornton NZ Advises On NZ$1.45b Tech Acquisition

Monday, 22 March 2021, 9:51 am | Grant Thornton

Grant Thornton New Zealand has recently completed financial and tax due diligence on one of the biggest inbound NZ tech company acquisitions in recent years. Bentley Systems, the Nasdaq listed infrastructure engineering software company (NASDAQ: BSY) ... More >>

This Isn’t A Housing Crisis, It’s A Mindset Crisis

Tuesday, 23 February 2021, 9:13 am | Grant Thornton

New Zealand needs more houses. Yet despite the simplicity of that goal, it's been impossible to keep up with demand. This problem has persisted through both National and Labour Governments – several of each. As much as we might tinker around with ... More >>

Election 2020: NZ’s Tax Psyche Set To Change

Monday, 19 October 2020, 8:12 am | Grant Thornton

All things tax will get more attention from business owners, entrepreneurs and sole traders after Labour’s landslide win over the weekend, as the newly elected Government aims to raise the income tax rate from 33% to 39% for those earning over $180k. The ... More >>

COVID-19: Hidden Gems For Some Businesses In Government’s Economic Rescue Package

Friday, 20 March 2020, 8:24 am | Grant Thornton

Ten years ago, Rt Hon Bill English removed the ability for some businesses to claim depreciation deductions on buildings in his May 2010 Budget. Fast forward to 2020 and the world is in a very different place. The impacts of the economic response ... More >>

Separations highlight problems in family law

Wednesday, 13 November 2019, 10:24 am | Grant Thornton

People in their forties and in relationships of between 10 to 20 years are most likely to separate, with three-quarters of New Zealanders getting divorced because they fell out of love, according to the New Zealand Relationship Property Survey 2019 ... More >>

Focus on mid-sized businesses critical for economic growth

Monday, 16 September 2019, 10:30 am | Grant Thornton

Despite their significant contribution to the economy, a New Zealand study released today has found our mid-sized businesses are not performing as well as their counterparts overseas. More >>

Recession indicators adding up

Thursday, 15 August 2019, 2:56 pm | Grant Thornton

15 August 2019 Indicators are currently accumulating that point to a recession. The most alarming warning sign is the US yield curve which plots the yields of Treasury maturities. “The longer you loan Treasury your money, the higher you would expect ... More >>

Charitable sector at risk if standards removed

Friday, 31 May 2019, 9:28 am | Grant Thornton

The charitable sector is at risk if basic registration requirements for non-profit organisations are removed. Concerns have arisen after the Department of Internal Affairs opened submissions to modernise the Charities Act 2005; in its discussion ... More >>

Business optimism across Asia Pacific continues to decline

Thursday, 23 May 2019, 9:21 am | Grant Thornton

Latest research from Grant Thornton International reveals that business optimism continues to decline amid swirling economic uncertainty; across the Asia Pacific region, optimism took a dive in Q2 2019 dropping to 23% from 55% percent in Q2 2018. More >>

Trading with the US is now more taxing for NZ businesses

Tuesday, 26 March 2019, 11:49 am | Grant Thornton

Businesses currently operating in the Unites States or planning to tap into this market should review their tax obligations as the rules are everchanging. More >>

NZ businesses need to anticipate Brexit impact now

Thursday, 14 March 2019, 9:35 am | Grant Thornton

The Brexit Withdrawal Agreement has been rejected by the UK Parliament for a second time, and the chances of a no-deal Brexit have increased exponentially. More >>

NZ economic uncertainty soars, business optimism dips

Wednesday, 23 January 2019, 10:09 am | Grant Thornton

Following a period of heightened optimism and strong economic growth, the outlook for businesses internationally in 2019 is declining as the global economic cycle cools and political uncertainty sets in, according to research from Grant Thornton’s ... More >>

Education Provider in Interim Liquidation

Thursday, 20 December 2018, 1:42 pm | Grant Thornton

Taratahi was yesterday placed in Interim Liquidation, at the request of its Board of Trustees, by the High Court. More >>

Ebert creditors vote to change liquidators

Tuesday, 13 November 2018, 7:43 pm | Grant Thornton

Today, Ebert Construction’s creditors voted to replace Grant Thornton New Zealand as liquidator for the construction company, and have appointed BDO in their place. More >>

Lack of investment biggest threat to global economy

Friday, 20 July 2018, 10:54 am | Grant Thornton

According to Grant Thornton International’s latest International Business Report (IBR) survey, New Zealand business leaders are becoming less confident about the economic outlook with optimism falling from 76% in Q1 2018 to 60% last quarter. This ... More >>