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Budget 2016: time to iron out the wrinkles in aged care
We have an increasing proportion of people in older age groups and a declining number of children. This is a hot topic globally as several other countries are experiencing this phenomenon, but what will it mean for New Zealand?
Budget 2016: time to get tough on student loans
Here we are, over two decades down the track and more than 14b in the red. The burden the scheme is placing on our fiscal interests is exacerbated by the lack of accountability placed on borrowers and the glaring absence of some tough incentives to pay up.
Budget 2016: are the winds of change upon us?
Successive budgets have offered little in the way of surprise or stimulus, largely due to the influence of The Fiscal Responsibility Act 1994. Of course fiscal responsibility – and transparency - is important. But for Governments, the balance between what you keep the same and what you change is, and must be, an art not a science.
Reduced disclosure regime presents challenges for NZ organisations
For-profit and not for profit organisations can no longer use differential reporting to support financial statement filings with the New Zealand Companies Office or DIA Charities.
Budget 2016: the balancing act of taxing multinationals
Inland Revenue is stepping up its campaign on ensuring small businesses meet their tax obligations, so naturally the finger once again points at multinationals to stump up the cash to meet theirs. After all, the tax revenue from multinationals has the potential to materially increase Government revenues.
Global survey finds women make up less than a quarter of APAC business leaders
A global survey by Grant Thornton reveals that the Asia-Pacific (APAC) region continues to make slow progress in getting women into senior roles within companies.
NZ companies are not leveraging risk management
‘Risk on the Rise: a Snapshot of Business Risk in New Zealand’, looks at risk management in the public, private and not for profit sectors and reveals that only 6% of respondents feel that their organisation faces less risk than 12 months ago.
NZ companies are not leveraging risk management
Risk on the Rise: a Snapshot of Business Risk in New Zealand’, looks at risk management in the public, private and not for profit sectors and reveals that only 6% of respondents feel that their organisation faces less risk than 12 months ago.
The Health and Safety at Work Act 2015 and the tender process – risky business?
The tender process is contrary to the principles of the new Health and Safety at Work Act 2015 (HSW Act), coming into force in early April.
Good deals harder to find in today’s private equity market
Finding quality deals at good prices is becoming increasingly harder on the back of an improving fundraising climate and the easing of the debt finance market, according to Russell Moore, Partner, Advisory Services, at Grant Thornton New Zealand Ltd.