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Business valuations
We offer expert valuation advice in transactions, regulatory and administrative matters, and matters subject to dispute – valuing businesses, shares and intangible assets in a wide range of industries.
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Capital markets
You need corporate finance specialists experienced in international capital markets on your side if you’re buying or selling financial securities.
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Complex and international services
Our experience of multi-jurisdictional insolvencies coupled with our international reputation allows us to deliver the best possible outcome for all stakeholders.
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Corporate insolvency
Our corporate investigation and recovery teams can help you manage insolvency situations and facilitate the best outcome.
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Debt advisory
An optimal funding structure for your organisation presents unprecedented opportunities, but achieving this can be difficult without a trusted advisor.
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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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Financial models
A sound financial model will help you understand the impact of your decisions before you make them. Talk to us about our user-friendly models.
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Forensic and investigation services
We provide investigative accounting and litigation support services for commercial, matrimonial, criminal, business valuation and insurance disputes.
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Independent business review
Is your business viable? Will it remain viable in the future? A thorough independent business review can help your organisation answer these fundamental questions.
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IT forensics
Effective ESI analysis is integral to the success of your business. Our IT forensics experts have the technical expertise to identify, preserve and interrogate electronic data.
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Mergers and acquisitions
Grant Thornton provides strategic and execution support for mergers, acquisitions, sales and fundraising.
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Raising finance
Raising finance - funders value partners who can deliver a robust financial model, a sound business strategy and rigorous planning. We can guide you through the challenges that these transactions can pose and help you build a foundation for long term success once the deal is done.
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Relationship property services
Grant Thornton offers high quality independent advice on the many financial issues associated with relationship property from considering an individual financial issue to all aspects of a complex settlement.
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Restructuring and turnaround
Grant Thornton’s restructuring and turnaround service capabilities include cash flow, liquidity management and forecasting; crisis and interim management; financial advisory services to companies and parties in transition and distress
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Transaction advisory
Our depth of market knowledge will steer you through the transaction process. Grant Thornton’s dynamic teams offer range of financial, commercial and operational expertise.
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Virtual asset advisory
Helping you navigate the world of virtual currencies and decentralised financial systems.
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Corporate tax
Grant Thornton can identify tax issues, risks and opportunities in your organisation and implement strategies to improve your bottom line.
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Employment tax
Grant Thornton’s advisers can help you with PAYE (payroll tax), Kiwisaver, fringe benefits tax (FBT), student loans, global mobility services, international tax
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Global mobility services
Our team can help expatriates and their employers deal with tax and employment matters both in New Zealand and overseas. With the correct planning advice, employee allowances and benefits may be structured to avoid double taxation and achieve tax savings.
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GST
GST has the potential to become a minefield and can be expensive when it goes wrong. Our technical knowledge can help you minimise the negative impact of GST
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International tax
International tax rules are undergoing their biggest change in a generation. Tax authorities around the world are increasingly vigilant, especially when it comes to global operations.
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Research and Development
R&D tax incentives are often underused and misunderstood – is your business maximising opportunities for making claims?
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Tax compliance
Our advisers help clients manage the critical issue of compliance across accountancy regulations, corporation law and tax. We also offer business and wealth advisory services, which means we can provide a seamless and tax-effective offering to our clients.
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Tax governance
Mitigate tax risks and implement best practice governance that will stand up to IRD scrutiny and audits.
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Transfer pricing
Tax authorities are demanding transparency in international arrangements. We businesses comply with regulations and use transfer pricing as a strategic planning tool.
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Audit methodology
Our five step audit methodology offers a high quality service wherever you are in the world and includes planning, risk assessment, testing internal controls, substantive testing, and concluding and reporting
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Audit technology
We apply our audit methodology with an integrated set of software tools known as the Voyager suite. Our technology has been developed to produce quality audits that are effective and efficient.
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Financial reporting advisory
Our financial reporting advisers have the expertise to help you deal with the constantly evolving regulatory environment.
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Business architecture
Our business architects help businesses with disruptive conditions, business expansion and competitive challenges; the deployment of your strategy is critical to success.
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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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Internal audit
Our internal audits deliver independent assurance over key controls within your riskiest processes, proving what works and what doesn’t and recommending improvements.
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IT advisory
Our hands on product experience, extensive functional knowledge and industry insights help clients solve complex IT and technology issues
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IT privacy and security
IT privacy and security should support your business strategy. Our pragmatic approach focuses on reducing cyber security risks specific to your organisation
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Payroll assurance
Our specialist payroll assurance team can conduct a review of your payroll system configuration and processes, and then help you and your team to implement any necessary recalculations.
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PCI DSS
Our information security specialists are approved Qualified Security Assessors (QSAs) that have been qualified by the PCI Security Standards Council to independently assess merchants and service providers.
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Process improvement
As your organisation grows in size and complexity, processes that were once enabling often become cumbersome and inefficient. To maintain growth, your business must remain flexible, agile and profitable
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Procurement/supply chain
Procurement and supply chain inputs will often dominate your balance sheet and constantly evolve for organisations to remain competitive and meet changing customer requirements
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Project assurance
Major programmes and projects expose you to significant financial and reputational risk throughout their life cycle. Don’t let these risks become a reality.
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Risk management
We understand that growing companies need to establish robust internal controls, and use information technology to effectively mitigate risk.
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Robotic process automation (RPA)
RPA is emerging as the most sophisticated form of automation used to help businesses become more agile and remain competitive in the face of today’s ongoing digital disruption.
Marked increase in business optimism over next 12 months despite current conditions
Grant Thornton New Zealand’s latest survey of over 200 business leaders and decision makers has revealed a significant uptick in optimism for the coming year despite many toughing it out in current economic conditions.
Asked about optimism around economic conditions over the next 12 months, survey participants cited being very optimistic (2%), and slightly optimistic (51%) compared to 4% and 32% respectively this time last year. This is despite a tough year where many businesses surveyed have struggled to grow revenue. In 2023, 50% of survey respondents had grown revenue by more than 5% during the previous 12 months, compared to 40% in 2024.
Grant Thornton New Zealand business advisory partner, Greg Thompson says, “It’s really encouraging to see such high levels of optimism in a large number of businesses despite the current doom and gloom out there. The survey results tell us while many businesses are struggling, they’re confident about the future. A change in Government, some business-friendly policies, flatlining inflation and the Reserve Bank pushing pause on interest rate increases will have contributed to this increase in optimism.
“It also demonstrates the negative commentary isn’t being felt in all areas of the market; for example, there have been large scale redundancies, but only in certain sectors”.
Price increases no longer an option for survival
Thompson says it’s also remarkable to see such high optimism levels when the number of businesses expecting to increase prices for goods and services has dropped from 52% in 2023 to 34% in 2024. Demand has also reduced with 16% of businesses experiencing a shortage of orders compared to 9% in 2023.
“Although affected businesses are currently feeling pain, they’re being realistic about the current environment. Last year’s inflation levels presented a one-off chance to increase prices to maintain margins, more price hikes are unlikely in the current market given consumers are becoming increasingly conservative about their spending.
“Instead, business owners will be exercising good business practices to maintain profitability such as letting go of underperforming products and services, cutting D clients, creating efficiency and productivity gains, and upgrading legacy technology”.
Cashflow forecasting is key
Thompson says, “They should also be keeping a closer eye on cashflow and forecasting. There has been a six percent jump [10% in 2023 to 16% in 2024] in the number of survey respondents who say accessing capital is a major barrier to growing their businesses - a reflection of banks’ risk appetite decreasing, which means they will require more in-depth detail and certainty in borrowers’ forecasts”.
A pragmatic approach to retaining skilled staff
Despite an increase in immigration numbers, workforce woes are also inhibiting business growth according to the research; 49% of survey respondents cited availability of skilled staff as a significant constraint to growing their businesses. However, this is unlikely to have a negative impact on salary and wages over the next 12 months with roughly the same percentage of businesses planning to increase salaries by more than inflation this year compared with last year (11% in 2023; 10% in 2024), and even more planning to provide increases in line with inflation (39% in 2024; 33% in 2023).
“Owners are responding with pragmatism by investing to retain the skilled talent they currently have in such a competitive labour market – another key indicator of the optimism out there at the moment. Long term, they want to maintain their workforce so they’re ready when the economy picks up again,” says Thompson.
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![Greg Thompson]()
Greg Thompson Whatever the engagement, I strive to keep the advice I give simple, understandable and achievable which is mission-critical in a world full of change, complexity and challenges.View Profile
