Following a period of heightened optimism and strong economic growth, the outlook for businesses internationally in 2019 is declining as the global economic cycle cools and political uncertainty sets in, according to research from Grant Thornton’s International Business Report (IBR).
Grant Thornton New Zealand is delighted to announce several senior appointments within the firm.
Grant Thornton International Ltd said today a deliberate focus on key strategic growth markets has led to record combined global revenues of USD5.45 billion for the financial year ended 30 September 2018, driven by broad-based growth of 9.4% across the network. This is the network’s highest rate of growth in six years.
Taratahi was yesterday placed in Interim Liquidation, at the request of its Board of Trustees, by the High Court.
Today, Ebert Construction’s creditors voted to replace Grant Thornton New Zealand as liquidator for the construction company, and have appointed BDO in their place.
According to Grant Thornton International’s latest International Business Report (IBR) survey, New Zealand business leaders are becoming less confident about the economic outlook with optimism falling from 76% in Q1 2018 to 60% last quarter. This is consistent with the global average which has fallen from an all-time high of 61% in Q1 to 54% in Q2.
New Zealand’s optimistic business outlook is under threat by a potential shortage of skilled workers.
The compromises of the Labour-led government’s first budget was a sign of the consultation required in a coalition, says Grant Thornton’s Greg Thompson.
The Budget’s R&D spend looks less than futuristic, says Grant Thornton’s Greg Thompson.
Budget 2018: If it walks like a duck and quacks like a duck, it’s probably a tax, says Grant Thornton’s Dan Lowe.