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Compliance and audit reviews
From mandates, best practice procedures or accreditations, to simply gaining peace of mind, our technical and industry experts have you covered.
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External audit
Strengthen business and stakeholder confidence with professionally verified results and insights.
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Financial reporting advisory
Deep expertise to help you navigate New Zealand’s constantly evolving regulatory environment.
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Corporate tax
Identify tax issues, risks and opportunities in your organisation, and implement strategies to improve your bottom line.
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Indirect tax
Stay on top of the indirect taxes that can impact your business at any given time.
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Individual tax
Preparing today to help you invest in tomorrow.
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Private business tax structuring
Find the best tax structure for your business.
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Tax disputes
In a dispute with Inland Revenue or facing an audit? Don’t go it alone.
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Research & development
R&D tax incentives are often underused and misunderstood – is your business maximising opportunities for making claims?
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Management reporting
You’re doing well, but could you be doing even better? Discover the power of management reporting.
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Financial reporting advisory
Deep expertise to help you navigate New Zealand’s constantly evolving regulatory environment.
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Succession planning
When it comes to a business strategy that’s as important as succession planning, you can’t afford to leave things to chance.
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Trust management
Fresh perspectives, practical solutions and flexible support for trusts and estate planning.
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Forecasting and budgeting
Prepare for every likely situation with robust budgeting and forecasting models.
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Outsourced accounting services
An extension of your team when you need us, so you can focus your time, energy and passion on your business.
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Setting up in New Zealand
Looking to set up a business in New Zealand? You’ve come to the right place.
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Policy reviews & development
Turn your risks into strengths with tailored policies that protect, guide and empower your business.
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Performance improvement
Every business has untapped potential. Unlock yours.
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Programme & project management
Successfully execute mission-critical changes to your organisation.
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Strategy
Make a choice about your vision and purpose, where you will play and how you will win – now and into the future.
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Risk
Manage risks with confidence to support your strategy.
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Cloud services
Leverage the cloud to keep your data safe, operate more efficiently, reduce costs and create a better experience for your employees and clients.
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Data analytics
Use your data to make better business decisions.
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IT assurance
Are your IT systems reliable, safe and compliant?
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Cyber resilience
As the benefits technology can deliver to your business increases, so too do the opportunities for cybercriminals.
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Virtual asset advisory
Helping you navigate the world of virtual currencies and decentralised financial systems.
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Virtual CSO
Security leadership and expertise when you need it.
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Debt advisory
Raise, refinance, restructure or manage debt to achieve the optimal funding structure for your organisation.
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Financial modelling
Understand the impact of your decisions before you make them.
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Raising finance
Access the best source of funding for your business with a sound business strategy and rigorous planning.
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Business valuations
Valuable decisions require valued insights.
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Complex and international services
Navigate the complexities of multi-jurisdictional insolvencies.
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Corporate insolvency
Achieve fair and orderly outcomes if your business – or part of it - is facing insolvency.
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Independent business review
Is your business viable today? Will it be viable tomorrow? Give your business a health check to find out.
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Litigation support
Straight forward advice from trusted advisors to support litigation and arbitration matters, expert determinations and other specialist hearings.
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Business valuations
Valuable decisions require valued insights.
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Forensic accounting & dispute advisory
Understand the true values, numbers and dollars at stake, as well as your obligations and rights to ensure value is preserved and complexities are managed.
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Expert witness
Our expert witnesses analyse, interpret, summarise and present complex financial and business-related issues which are understandable and properly supported.
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Investigation services
A fast and customised response when misconduct occurs in your business.
Earthquakes, icebergs and tsunamis - lessons for public finances in New Zealand
They say that necessity is the mother of invention. Out of the Canterbury earthquakes emerged new ways of delivering public services. Borne out of necessity. Often difficulty or crisis is the only way that innovative change and real leadership occurs.
But let’s not rely on a crisis in order to create innovation in the public sector in New Zealand.
The 2012 Budget has proudly been announced as a zero budget, but increasingly it looks like we are robbing Peter to pay Paul. This only takes us so far. The reality is that NZ Inc and the New Zealand public sector faces perennial issues that will not diminish longer term.
The Budget confirmed the desire for a better public service, focussing on ten key delivery targets across the areas of reducing long-term welfare dependency, supporting vulnerable children, boosting skills and employment, reducing crime, and improving interaction with government. The detail in the budget was measured with further announcements to be made by 30 June 2012. Announcements in the Budget included an up-front investment in reforming welfare, reprioritising within Corrections towards prisoner rehabilitation, new health funding, and education.
However, the Budget does little to address the icebergs … the hidden part is the most dangerous. We were reminded again of this hazard as part of the centenary of the Titanic sinking. What lies below is what is scary despite everything on the surface looking picturesque.
So New Zealand faces its own future iceberg. What lies beneath the surface are the hard policy decisions on, for example, superannuation (with the impending “silver” tsunami), immigration. Not requiring musical chairs but a new boldness to address emerging policy issues and the need to have a step change in public service delivery and public service finances.
What is needed is leadership in innovation and the implementation of frameworks for development of innovative ideas. We would expect the government should:
- Put aside a percentage of all Government funding for public sector innovation
- Develop conduits for new ideas
- Remove barriers to innovation – have the budget changes to the Public Finance Act gone far enough?
- Service delivery design to include consideration of decentralised collaboration. That is, decentralising specific services away from government control and instead delivery through collaborating with not for profits or the private sector
Fundamentally the Budget has reshuffled the deckchairs to ensure we focus on getting the government books back into surplus by 2015/16. However, the policy changes required are more fundamental than this. Innovation and leadership is required by the Government to ensure a positive reshuffling of the deckchairs are not those on the Titanic.
Further enquiries, please contact:
Alastair Boult
National Director, Government Advisory
T +64 (0)4 495 1724
E Alastair.Boult@nz.gt.com