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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 >>

Women in NZ senior leadership roles has hit rock bottom

Thursday, 8 March 2018, 9:23 am | Grant Thornton

Whilst businesses globally have taken one step forward and one step back on women in leadership, New Zealand has taken two firm steps back. Globally, significantly more businesses surveyed (75% in 2018 v 66% in 2017) now have at least one woman ... More >>

Word of warning for NZ businesses amid rise optimism

Friday, 2 February 2018, 11:18 am | Grant Thornton

Global survey findings from Grant Thornton’s latest International Business Report (IBR) reveal that global business optimism is continuing on a positive trajectory. More >>

NZ business outlook positive

Tuesday, 14 November 2017, 12:25 pm | Grant Thornton

New figures from Grant Thornton’s quarterly International Business Report (IBR) survey of 2,500 companies in 35 countries reveals that nine of the world’s ten largest economies have reduced profitability expectations over the next 12 months. More >>

NZ relationship property report highlights industry issues

Wednesday, 25 October 2017, 9:22 am | Grant Thornton

More efficient resolution of relationship property cases, greater certainty over the status of trusts, and stronger penalties for failing to disclose information are potential areas for relationship property law and practice reform, according ... More >>