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Grant Thornton - Latest News [Page 10]

Disaster recovery plans more important than ever

Friday, 18 March 2011, 12:40 pm | Grant Thornton

New Zealand organisations appear lax in their approach to disaster recovery plans, judging by the response to a recent survey of the Not for Profit sector by chartered accountants and business advisers Grant Thornton New Zealand. The 2011 survey of ... More >>

Statutory Managers release 6th Aorangi Securities Ltd Report

Wednesday, 9 March 2011, 1:30 pm | Grant Thornton

It could take up to four years for the loans and investments of Aorangi Securities Ltd to be realised, according to the sixth Statutory Managers report, due to many non performing loans and investments requiring intensive management. The statutory ... More >>

NZ Bucks Trend as Women in Senior Management Falls Globally

Tuesday, 8 March 2011, 5:22 pm | Grant Thornton

Globally the proportion of women who currently hold senior management positions has dropped from 24% to 20% in the last two years, where as in NZ this has risen from 27% to 32%, according to research from the 2011 Grant Thornton International Business ... More >>

Outsourcing Government ICT

Tuesday, 1 February 2011, 11:57 am | Grant Thornton

In light of John Key’s State-of-the Nation address, Mark Hucklesby - National Technical Director at Grant Thornton New Zealand looks at the Government’s move to outsource its information and communication technology (ICT) systems and outlines what else ... More >>

Outsourcing ICT needs

Thursday, 27 January 2011, 10:29 am | Grant Thornton

In light of John Key’s State-of-the Nation address, Mark Hucklesby - National Technical Director at Grant Thornton New Zealand - looks at the Government’s move to outsource its information and communication technology (ICT) systems and outlines what else ... More >>

NZ business optimism increasing but well down on last year

Monday, 17 January 2011, 11:44 am | Grant Thornton

Business optimism in New Zealand is increasing and remains above the global average, but it lags well behind levels of 12 months ago, according to the 2011 Grant Thornton International Business Report (IBR). More >>

Response To Hubbard Press Release

Friday, 10 December 2010, 8:02 pm | Grant Thornton

The Statutory Managers have been liaising, and continue to liaise, with Mr Hubbard's personal legal advisers. The Statutory Managers put a proposal for immediate legal support to Russell McVeagh during November. More >>

Statutory Managers release fifth Hubbard Report

Friday, 26 November 2010, 2:22 pm | Grant Thornton

Tardy interest payments by Aorangi Securities’ borrowers continues to slow progress for the statutory managers with a total of $5 million still outstanding In their fifth report on the statutory management of Aorangi Securities, Hubbard Management ... More >>

Repeal of Gift Duty will remove compliance cost

Tuesday, 2 November 2010, 10:18 am | Grant Thornton

The Minister of Revenue, Peter Dunne, has today announced details of the planned repeal of gift duty. Grant Thornton New Zealand welcomes this news, as it will remove a significant compliance cost. More >>

Unauthorised survey of investors in Aorangi

Wednesday, 27 October 2010, 3:35 pm | Grant Thornton

“We have received information that investors in Aorangi Investments and Hubbard Management Funds are being contacted by telephone by someone saying that they have been contracted by the Ministry of Economic Development (MED) to undertake a survey ... More >>

Statutory Managers hopeful of Aorangi return

Friday, 1 October 2010, 2:01 pm | Grant Thornton

Investors in Aorangi Securities Ltd (Aorangi) could receive an initial capital repayment of up to three cents in the dollar later this month, subject to interest payments being received and other monies collected by Aorangi to the end of 30 September 2010, ... More >>

Merger & acquisition activity slowly recovering

Friday, 17 September 2010, 12:50 pm | Grant Thornton

Close to 40% of New Zealand’s privately held businesses are expected to grow by acquisition over the next three years, well ahead of the global average, according to an international survey of more than 7000 privately held companies by accounting ... More >>

New Appointments

Tuesday, 31 August 2010, 4:14 pm | Grant Thornton

Paul Kane, Partner of Grant Thornton New Zealand Ltd’s Privately Held Business division is delighted to accept a position on the Board of Trustees for the Not-for-Profit organisation YOU Men’s health Trust New Zealand (MHTNZ). More >>

Statutory Managers confirm Hubbard shortfall

Friday, 27 August 2010, 10:57 am | Grant Thornton

Around 300 investors in Hubbard Management Funds (HMF), an investment entity of Mr Hubbard which is in statutory management, have been told that the reported value of their investments at 31 March 2010 was overstated by at least 25%. This revelation ... More >>

Leasing Rule Changes Will Impact On Balance Sheets

Friday, 20 August 2010, 5:55 pm | Grant Thornton

New Zealand’s top 20 companies, along with the Government, will need to book an extra $10.7 billion on their balance sheets if rules on the way operating leases are recorded as a liability are adopted. More >>

Independent admin appointed to stressful cases

Friday, 13 August 2010, 2:41 pm | Grant Thornton

Retired banker Dick Brown has been appointed by Grant Thornton, Statutory Managers of Aorangi Securities Limited, as an independent administrator to assess hardship cases for those who have had funds frozen. More >>

Mike Dunshea joins Grant Thornton New Zealand Ltd

Friday, 6 August 2010, 3:53 pm | Grant Thornton

Grant Thornton New Zealand Ltd has appointed Mike Dunshea as Head of Corporate Services and Regional Business Manager for the Auckland office. A graduate of Waikato University, Mike is an experienced business manager with a strong background in leadership, sales ... More >>