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.
Online GST: an old tax on new services
Yesterday’s introduction of a taxation bill which proposes to charge GST for online services is a hit to the pocket that won’t be popular with Joe Public, says Dan Lowe, Associate, Tax at Grant Thornton New Zealand.
Grant Thornton New Zealand appointed as provider on new Government consultancy panel
Grant Thornton New Zealand has been appointed as a panel member by the Ministry of Business, Innovation and Employment (MBIE) as part of its All-of-Government (AoG) solution for purchasing consultancy services more effectively and efficiently.
Cyber attacks cost global business over $300bn a year
New research from Grant Thornton International’s Business Report (IBR) survey reveals that cyber attacks are taking a serious toll on business, with the total cost of attacks globally estimated to be at least US$315bn* over the past 12 months.
NZ well placed to attract overseas investment
According to the latest Grant Thornton Global Dynamism Index (GDI), New Zealand is ranked eighth out of 60 countries in the world for the overall quality of its financing market and first equal with Singapore for the quality of its overall financial regulatory system.
Grant Thornton has announced the appointment of Jay Shaw as a Partner in its corporate finance team in Auckland.
Low investment in R&D and technology holding back NZ business
Low investment in R&D and technology as a percentage of GDP is holding back New Zealand’s potential for dynamic business growth, according to the latest Grant Thornton Global Dynamism Index (GDI) 2015
NZ’s aging population putting pressure on productivity
Grant Thornton’s 2015 Global Dynamism Index (GDI) currently ranks New Zealand as the world’s 13th most dynamic country compared to 4th out of 60 countries in the 2013 index. Our labour productivity ranking has slipped even lower, New Zealand ranked 27th in 2013 and has dropped down to 52nd in 2015.
Grant Thornton launches new innovation service to help fuel NZ business growth
Grant Thornton New Zealand has launched Ignite, an innovation service designed specifically to help mid-sized New Zealand organisations to grow
RWC absenteeism: time for employers to put a game plan in place
The early morning airing of games in New Zealand isn’t great from an employer’s perspective, however, irrespective of game times, business owners and employers will benefit from reminding staff about their commitments and what is expected of them during the tournament.