-
Business valuations
We offer expert valuation advice in transactions, regulatory and administrative matters, and matters subject to dispute – valuing businesses, shares and intangible assets in a wide range of industries.
-
Capital markets
You need corporate finance specialists experienced in international capital markets on your side if you’re buying or selling financial securities.
-
Complex and international services
Our experience of multi-jurisdictional insolvencies coupled with our international reputation allows us to deliver the best possible outcome for all stakeholders.
-
Corporate insolvency
Our corporate investigation and recovery teams can help you manage insolvency situations and facilitate the best outcome.
-
Debt advisory
An optimal funding structure for your organisation presents unprecedented opportunities, but achieving this can be difficult without a trusted advisor.
-
Expert witness
Our expert witnesses analyse, interpret, summarise and present complex financial and business-related issues which are understandable and properly supported.
-
Financial models
A sound financial model will help you understand the impact of your decisions before you make them. Talk to us about our user-friendly models.
-
Forensic and investigation services
We provide investigative accounting and litigation support services for commercial, matrimonial, criminal, business valuation and insurance disputes.
-
Independent business review
Is your business viable? Will it remain viable in the future? A thorough independent business review can help your organisation answer these fundamental questions.
-
IT forensics
Effective ESI analysis is integral to the success of your business. Our IT forensics experts have the technical expertise to identify, preserve and interrogate electronic data.
-
Mergers and acquisitions
Grant Thornton provides strategic and execution support for mergers, acquisitions, sales and fundraising.
-
Raising finance
Raising finance - funders value partners who can deliver a robust financial model, a sound business strategy and rigorous planning. We can guide you through the challenges that these transactions can pose and help you build a foundation for long term success once the deal is done.
-
Relationship property services
Grant Thornton offers high quality independent advice on the many financial issues associated with relationship property from considering an individual financial issue to all aspects of a complex settlement.
-
Restructuring and turnaround
Grant Thornton’s restructuring and turnaround service capabilities include cash flow, liquidity management and forecasting; crisis and interim management; financial advisory services to companies and parties in transition and distress
-
Transaction advisory
Our depth of market knowledge will steer you through the transaction process. Grant Thornton’s dynamic teams offer range of financial, commercial and operational expertise.
-
Corporate tax
Grant Thornton can identify tax issues, risks and opportunities in your organisation and implement strategies to improve your bottom line.
-
Employment tax
Grant Thornton’s advisers can help you with PAYE (payroll tax), Kiwisaver, fringe benefits tax (FBT), student loans, global mobility services, international tax
-
Global mobility services
Our team can help expatriates and their employers deal with tax and employment matters both in New Zealand and overseas. With the correct planning advice, employee allowances and benefits may be structured to avoid double taxation and achieve tax savings.
-
GST
GST has the potential to become a minefield and can be expensive when it goes wrong. Our technical knowledge can help you minimise the negative impact of GST
-
International tax
International tax rules are undergoing their biggest change in a generation. Tax authorities around the world are increasingly vigilant, especially when it comes to global operations.
-
Research and Development
R&D tax incentives are often underused and misunderstood – is your business maximising opportunities for making claims?
-
Tax compliance
Our advisers help clients manage the critical issue of compliance across accountancy regulations, corporation law and tax. We also offer business and wealth advisory services, which means we can provide a seamless and tax-effective offering to our clients.
-
Transfer pricing
Tax authorities are demanding transparency in international arrangements. We businesses comply with regulations and use transfer pricing as a strategic planning tool.
-
Audit methodology
Our five step audit methodology offers a high quality service wherever you are in the world and includes planning, risk assessment, testing internal controls, substantive testing, and concluding and reporting
-
Audit technology
We apply our audit methodology with an integrated set of software tools known as the Voyager suite. Our technology has been developed to produce quality audits that are effective and efficient.
-
Financial reporting advisory
Our financial reporting advisers have the expertise to help you deal with the constantly evolving regulatory environment.
-
Business architecture
Our business architects help businesses with disruptive conditions, business expansion and competitive challenges; the deployment of your strategy is critical to success.
-
Cloud services
Our team is led by cloud business experts who tailor services to the needs of your organisation, from strategy and implementation to ongoing services assurance.
-
Internal audit
Our internal audits deliver independent assurance over key controls within your riskiest processes, proving what works and what doesn’t and recommending improvements.
-
IT advisory
Our hands on product experience, extensive functional knowledge and industry insights help clients solve complex IT and technology issues
-
IT privacy and security
IT privacy and security should support your business strategy. Our pragmatic approach focuses on reducing cyber security risks specific to your organisation
-
Organisational & cultural change
The key to sustainable and future growth is a unified organisation operating within a strong cultural context, where transparency and communication are the priority for Kaimahi, and where visible leadership means walking the talk – but where does that journey begin?
-
Payroll assurance
Our specialist payroll assurance team can conduct a review of your payroll system configuration and processes, and then help you and your team to implement any necessary recalculations.
-
PCI DSS
Our information security specialists are approved Qualified Security Assessors (QSAs) that have been qualified by the PCI Security Standards Council to independently assess merchants and service providers.
-
Process improvement
As your organisation grows in size and complexity, processes that were once enabling often become cumbersome and inefficient. To maintain growth, your business must remain flexible, agile and profitable
-
Procurement/supply chain
Procurement and supply chain inputs will often dominate your balance sheet and constantly evolve for organisations to remain competitive and meet changing customer requirements
-
Project assurance
Major programmes and projects expose you to significant financial and reputational risk throughout their life cycle. Don’t let these risks become a reality.
-
Risk management
We understand that growing companies need to establish robust internal controls, and use information technology to effectively mitigate risk.
-
Robotic process automation (RPA)
RPA is emerging as the most sophisticated form of automation used to help businesses become more agile and remain competitive in the face of today’s ongoing digital disruption.
Budget 2015: a word of warning over the latest regional GDP growth figures
A word of warning over the latest regional GDP growth figures
The latest regional GDP growth figures just released by Statistics New Zealand reveal that we all need to strap ourselves in for what could be a sensational ride over the next few years.
Seldom, if ever, has New Zealand seen such widespread and strong growth with Southland (11%), Canterbury (10.6%), Waikato (10.1%) and Taranaki (7.2%) putting the regions well ahead of the larger centres of Auckland (5.1%) and Wellington (4.4%). The overall growth for New Zealand was 6.7% for the year to March 2014.
Staggering? Yes. Sustainable? Highly unlikely as this latest regional data is for the year ended March 2014 and a lot has happened to the New Zealand economy since then. The two key impacts are falling milk prices and drought conditions across several parts of the country, including Canterbury, South Canterbury, North Otago, Marlborough, Wairarapa, and southern Hawkes Bay with a watch on the Waikato.
According to the Reserve Bank’s comment on its March 2015 official cash rate decision, the recent fall in dairy prices and this summer’s drought are downside risks for the economy and combined are estimated to have shaved roughly $6 billion off farm incomes for the current season.
The Reserve Bank is also concerned that while farmers used the high prices over the past few seasons to both pay off debt and build up cash reserves, there is a risk the drop in incomes will have a sharper impact on activity than expected.
So what could be worked into Budget 2015 to address the issue? Irrigation. It is one of the cornerstones of the Government’s growth policy. This summer’s dry spell and drought conditions is a timely reminder that global warming is becoming a major concern, and let’s not forget that dry years can be followed by similar climatic weather patterns the following year.
In the 2011 Budget the Government allocated $35 million over five years to June 2016 to support the development of irrigation infrastructure proposals to the stage where they are investment ready. Up until September 2014 the Irrigation Accelerator Fund (IAF) had given grants totalling $27.5 million with the Hunter Downs scheme in South Canterbury being the main recipient with $7.7 million.
In July 2013, the Government signalled its plans to invest $400 million to accelerate the development of irrigation through Crown Irrigation Investments. This is a good start, but for the country to fully reap the benefits of our amazing growing conditions and proximity to the two major population centres of the world, China and India, then more needs to be done to support large scale regional irrigation and agricultural projects which will benefit New Zealand immensely.
An investment in large-scale irrigation would continue to spread growth across New Zealand and contribute to a lift in agricultural production, which boosts farm gate returns. This additional production draws in additional inputs such as agri services and transport, and the extra on-farm volumes also lead to more activity in the primary processing sectors.
A boost in Government investment in large-scale irrigation and agricultural projects will have twin benefits for New Zealand – regional growth and higher regional employment along with lower housing pressures in Auckland and Christchurch and encouragement for immigration to focus on other centres.
New Zealand has the opportunity to become the food bowl of Asia. Irrigation, encouraged inside strict controls and guidelines, is key.
Further enquiries, please contact:
Eugene Sparrow
Partner, Privately Held Business
Grant Thornton New Zealand
T +64 (0)9 308 2978
E eugene.sparrow@nz.gt.com