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.
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.
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.
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.
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.
‘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.
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 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.
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.
New Zealand’s business optimism levels are back to where they were 12 months ago, ranking the country 5th out of 36 countries surveyed in Grant Thornton’s latest International Business Report (IBR).