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Changes are coming to the way retention money is held in the form of The Construction Contracts (Retention Money) Amendment Bill (the Bill).

Naturally, the construction sector is hyper-aware of health and safety – they pride themselves on it. But now is the time the sector must start focussing on mental health. There’s increasing evidence of the mental health challenges being faced by construction workers; the statistics are alarming from a human wellbeing point of view, and lives are being put at risk.

Today, cybersecurity has become a top concern for public sector leaders, as the number and sophistication of breaches continues to increase. If you want to strengthen your agency’s IT defences and understand your current state of cyber-preparedness, we recommend the following steps as part of a wider cyber security maturity assessment.

A Grant Thornton survey of nearly 300 business owners and leaders across New Zealand has revealed many are anticipating a tough year ahead despite a majority experiencing success in the last twelve months.

With interest rates on the rise there are more considerations than ever when it comes to preparing your New Zealand International Financial Reporting Standards (NZ IFRS) financial statements. Here’s four key areas CFOs and Directors need to be aware of when preparing their statements this year.

Degrowth is a concept that’s rapidly gaining traction, and put simply, it’s a planned reduction and change in the way we use materials and energy.

Amid the excitement of securing a deal, significant unforeseen risks can catch you off guard, become extremely expensive to mitigate and can easily derail your post-acquisition strategy. Due diligence can help you strike the right balance between risk and reward.

On International Women's Day (IWD), we celebrate the achievements of women and recognise the work that still needs to be done to promote gender equality. The theme for this year's IWD, "Embrace Equity," emphasises the importance of challenging gender biases and stereotypes to promote gender equality, and to start talking about why equal opportunities are not enough.

Increasing insurance premiums should prompt all business owners to review the level and extent of insurance cover for their organisations. But the question is – where do you start? Are you aware of all of your business risks? Is insurance the best way to mitigate all risks? Which risks does insurance cover? Should you self-insure? Greg Thompson answers these questions and provides some insights into how you can take a risk-based, structured approach to protecting your business.

From asset impairment and future operating losses to insurance recoveries and everything in between, a host of additional financial reporting challenges now faces many businesses after NZ’s recent natural disasters. David Pacey takes you through many of the issues you need to take into consideration and how to ease any year-end accounting headaches early.

What is best practice if you’re seeking growth opportunities in New Zealand’s cooling market? Here’s eight key factors to bear in mind if you're considering M&A.

Some massive opportunities left in the wake of NZ's most recent natural disasters.

We’re constantly chasing growth – in our businesses, our economies and even our personal lives. But at what cost?

If you’re looking to ease the pressure on your operating costs, investing in electronic invoicing (e-invoicing) is a great place to start.

Interest rates have been low for a number of years, so there’s a risk little attention has been given to existing loans, and the relevant transfer pricing policies and documentation are unlikely to be fit for purpose.

Salaries in the Not for Profit sector are notoriously low – and instead of saving money, it’s coming at a high price.