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A recent series of property and construction sector forums hosted by Grant Thornton New Zealand provided insights into some of the biggest talking points across the sector. Expert panellists provided a deep dive into the industry from the perspective of developers, financiers, property lawyers, agencies and the Property Council NZ.

The 2022 Not for Profit sector report paints a picture of an agile industry bending with the winds of change, but it also reveals a breaking point is on the horizon for many organisations.

Our summary of the key facts that are relevant to you and your business.

Our industry experts weigh in on what Budget 2022 means for certain sectors as well as New Zealand’s tax landscape.

The Leader of the Opposition provides an insider’s perspective to Government decision making for Budget 2022.

Kiwi businesses have been through the wringer over the past few years, with so much instability and rapid change. We need a tax strategy to help the country tackle it’s looming problems, says Greg Thompson, Business Advisory and Tax Leader.

New Zealand has long-standing problems in the aged care sector that will only be solved by more funding. The shortage of nurses is becoming critical, demand for aged care is rising and the consequences of ignoring this problem are unacceptable. As a society, do we really want to leave our elderly population, their families and aged care professionals in the lurch?

Funding to train more general practitioners is top of the Budget wish list for Pam Newlove, Business Advisory Partner. Why? Because our GP workforce is in crisis.

An increasing trend towards the appointment of a single joint forensic accounting expert (SJE) for relationship property matters has emerged in New Zealand, compared to the traditional approach where each party appoints their own forensic accounting expert.

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.

If the Budget genie sprung from its lamp and asked me what I’d like delivered in Budget 2022, I would ask for: The Public Finance Act to be reformed, more Jobs for Nature, and a ceiling on our carbon emissions.

Our industry experts share what they’d like to see delivered in Budget 2023. What are the major economic roadblocks and prospects for some of New Zealand’s key sectors? How will the Government navigate the tax tight rope? Read on to discover where the opportunities lie in this year’s announcement to instigate meaningful transformation.

Step 6 of applying the guidance in IAS 36 as set out in our article ‘Insights into IAS 36 – Overview of the Standard’ relates to recognising or reversing and impairment losses. This article focuses on part of this step; reversing impairment losses. For recognising impairment losses refer to our article ‘Insights into IAS 36 – Recognising impairment losses’.

The NZ Property (Relationships) Act contains various provisions for compensatory adjustments in the division of relationship property.

The new Trusts Act 2019, which came into force on 30 January 2021, was one of the biggest changes for Trusts for quite some time. Now, Inland Revenue has also introduced further reporting and disclosure requirements. Here's what you need to know.

Construction plays a big part in an economy, being one of the biggest in our industries but it's broken. With rising prices of material costs, inflation, and shortages, we have five ways to tackle exorbitant construction costs.