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 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.
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.
Businesses will continue to experience persistent material and wage price inflation as they have over the past two years, ongoing supply frustrations set against the current backdrop of tightening monetary policy, rising interest rates, the cooling of property prices, and access to credit. Read more to find out how to protect your business on new projects and weather the current storm.
To say doing business is difficult in New Zealand (or anywhere) right now is an understatement. In what seems like an ever-increasing state of inflation, it's important you understand your businesses' pressure points now more than ever and strong cashflow management can mean the difference between survival and failure.
In September 2021, The Reserve Bank of New Zealand released an issues paper that considers the introduction of a New Zealand Dollar-issued digital currency that could be used to innovate and support central bank money. The risk of New Zealand falling behind international standards exists if we don’t innovate and adopt a robust CBDC.
Government’s interest deductibility rules the most controversial tax policy to date were changes to the tax system to counter what it saw as favourable treatment for investors in residential housing.
Our summary of the key facts that are relevant to you and your business.
Our industry experts weigh in on what Budget 2021 means for certain sectors as well as New Zealand’s tax landscape.
At a time when we need a once in a century Budget to lift us out of our Covid recession, the Government’s response to stimulating growth and investing in critical areas under stress has never been more important.
If you think the rental crisis doesn’t affect you, you’re wrong. Maybe you think you’re not affected because you own your own house, and you’re not a landlord. Wrong. New Zealand’s rental crisis isn’t only causing homelessness and poverty, it’s dragging down wages, stifling innovation and suppressing productivity for the whole country.
New Zealand needs more houses. Yet despite the simplicity of that goal, it's been impossible to keep up with demand. This problem has persisted through both National and Labour Governments – several of each. As much as we might tinker around with the demand side of the equation, putting LVR restrictions up and down and tweaking interest rates, the gravity of the problem clearly lies with the supply side and our mindsets.
As the nation forges a brave new world in the midst of a global crisis, this year’s Budget announcement will remain among the most significant ever delivered in New Zealand’s history.