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Press releases
The rental crisis affects us all - and it’s crippling NZ’s progress
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.
Grant Thornton NZ advises on NZ$1.45b tech acquisition
Grant Thornton New Zealand has recently completed financial and tax due diligence on one of the biggest inbound NZ tech company acquisitions in recent years.
Women in senior leadership positions pass critical 30% mark despite global pandemic
The number of women holding senior leadership positions in mid-market businesses globally has hit 31% despite the COVID-19 pandemic affecting economies around the world, according to Grant Thornton’s annual Women in Business report.
Grant Thornton New Zealand has signed on as a new Gold Partner of Family Business New Zealand (FBNZ)
Grant Thornton New Zealand is delighted to announce its partnership with FBNZ.
This isn't a housing crisis, it's a mindset crisis
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.
Paige Cuthbert appointed Chair of Grant Thornton New Zealand
Grant Thornton today announced that Paige Cuthbert has been appointed as Chair of Grant Thornton New Zealand’s Board effective immediately. Based in Christchurch, Cuthbert is a highly experienced advisor and has over 30 years’ experience working closely with South Island businesses. Her extensive industry expertise includes agri-business, manufacturing and processing, fisheries, professional services, construction, and retail.
Election 2020: NZ’s tax psyche set to change
All things tax will get more attention from business owners, entrepreneurs and sole traders after Labour’s landslide win over the weekend, as the newly elected Government aims to raise the income tax rate from 33% to 39% for those earning over $180k.
Cryptopia liquidators release third statutory report
Today, Grant Thornton New Zealand released the third statutory report in the Liquidation of Cryptopia Limited, a cryptocurrency exchange based in Christchurch. In a world-leading case for which there was no legal precedent, a court hearing held in April gave a clear ruling about the status of the assets and that they were held in trust for the account holders. Further steps need to be taken before assets can be distributed.
Partnership set to unlock domestic & overseas funding
Neu Capital & Grant Thornton team up to close funding gap for NZ mid-sized businesses (MSBs).
COVID-19: hidden gems for some businesses in Government’s economic rescue package
Ten years ago, Rt Hon Bill English removed the ability for some businesses to claim depreciation deductions on buildings in his May 2010 Budget. Fast forward to 2020 and the world is in a very different place.