Read our insights

With Government setting out proposed changes to the Retirement Villages Act, alarm bells will be well and truly ringing for many operators already struggling under a challenging business model.

Key tax news and information from our team to help yours. This week's edition includes new legislation tabled with Inland Revenue, cautionary tales from IR about recent prosecutions, and how to comply with Pillar Two if you’re a NZ subsidiary of a multinational organisation.

A global minimum tax has been introduced, which ensures that large multinationals pay at least 15% tax in all the jurisdictions they operate. This will have the effect of “reducing the incentive for profit shifting and placing a floor under tax competition, bringing an end to the race to the bottom on corporate tax rates,” as the OECD explains.

Internal audit functions across New Zealand are facing a sobering reality. Budgets are tightening, teams are shrinking, all while the risk environment continues to expand. Enter, AI. But, how does AI fits into your 2026 IA toolkit? What are some of the AI adoption trends in New Zealand? And where is the technology is heading next?

Key tax news and information from our team to help yours. This week's edition includes Latest GST and employer webinars from IRD now available, KiwiSaver rate change: What employers need to know, Investment Boost: Initial survey findings, Income tax: Deductibility of repairs and maintenance expenditure, Returns of capital, IRD support for severe weather events.

This year’s Women in Business research shows that mid-market firms who are maintaining their gender equality initiatives and plan to implement new ones were the most likely to report significant growth in revenue and staff numbers.

For retirement villages, there’s one area of complexity where the correct treatment can really pay dividends, and that’s GST. However, it can get complicated for retirement village operators; it’s easy to get wrong and can be very expensive to fix.

NZ IFRS 18 is coming, whether you’re ready or not. The sooner you start thinking about it, the smoother and more cost-effective the transition will be. We’ve been hearing quite a few of the same questions from Kiwi organisations, so we’ve put together the following list of the most commonly asked questions which address some of the more tricky issues you’ll face with NZ IFRS 18.

Big changes could be coming for earthquake-prone buildings in New Zealand. Proposed reforms aim to cut red tape, shift to a more risk-based system, and potentially save building owners billions. For many, this could mean fewer buildings on the EPB register and far more affordable remediation. Grant Thornton partner Matt Hannah and Matt Williams from BMC Consult reveal what might this mean for your building’s value, rent, insurance or lending:

You’ve heard it all before: Kiwi tradies are moving to Australia because they can earn far more money. But if wages are so much higher, why is construction cheaper in Australia?

Grant Thornton New Zealand’s latest survey of IA leaders demonstrates that while changes throughout the public sector continue to increase the pressure on services, systems, processes, people and budgets, they are leveraging every opportunity available to overcome these challenges.

According to the Association of Certified Fraud Examiners (“ACFE”), NFPs lose about 5% of revenue annually to fraud, and small businesses globally have an annual median loss to fraud of $200,000.

How can New Zealand’s construction sector invest in a more successful future when times have been so tough? Business leaders with the foresight to build people resilience now will be ready to profit as their pipelines begin to flow freely again.

If you’ve built your wealth through hard work and smart decisions, don’t risk it with a DIY investment approach. Doing it yourself often means missed opportunities, costly mistakes, and unnecessary stress.

With rising costs, staff shortages and ageing facilities, pressure on New Zealand’s aged care operators keeps mounting. For some, consolidation could be the key to survival – and for others, now may be the ideal time to sell. Strategic mergers and acquisitions can strengthen the sector and ensure quality care for our growing elderly population.

How can you illustrate IFRS 18 in your financial statements? We have prepared Appendix E to the Example Financial Statements - IFRS 18 ‘Presentation and Disclosure in Financial Statements’ to help guide you along the way.