-
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.
-
External audit
Strengthen business and stakeholder confidence with professionally verified results and insights.
-
Financial reporting advisory
Deep expertise to help you navigate New Zealand’s constantly evolving regulatory environment.
-
Corporate tax
Identify tax issues, risks and opportunities in your organisation, and implement strategies to improve your bottom line.
-
Indirect tax
Stay on top of the indirect taxes that can impact your business at any given time.
-
Individual tax
Preparing today to help you invest in tomorrow.
-
Private business tax structuring
Find the best tax structure for your business.
-
Tax disputes
In a dispute with Inland Revenue or facing an audit? Don’t go it alone.
-
Research & development
R&D tax incentives are often underused and misunderstood – is your business maximising opportunities for making claims?
-
Management reporting
You’re doing well, but could you be doing even better? Discover the power of management reporting.
-
Financial reporting advisory
Deep expertise to help you navigate New Zealand’s constantly evolving regulatory environment.
-
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.
-
Trust management
Fresh perspectives, practical solutions and flexible support for trusts and estate planning.
-
Forecasting and budgeting
Prepare for every likely situation with robust budgeting and forecasting models.
-
Outsourced accounting services
An extension of your team when you need us, so you can focus your time, energy and passion on your business.
-
Setting up in New Zealand
Looking to set up a business in New Zealand? You’ve come to the right place.
-
Policy reviews & development
Turn your risks into strengths with tailored policies that protect, guide and empower your business.
-
Performance improvement
Every business has untapped potential. Unlock yours.
-
Programme & project management
Successfully execute mission-critical changes to your organisation.
-
Strategy
Make a choice about your vision and purpose, where you will play and how you will win – now and into the future.
-
Risk
Manage risks with confidence to support your strategy.
-
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.
-
Data analytics
Use your data to make better business decisions.
-
IT assurance
Are your IT systems reliable, safe and compliant?
-
Cyber resilience
As the benefits technology can deliver to your business increases, so too do the opportunities for cybercriminals.
-
Virtual asset advisory
Helping you navigate the world of virtual currencies and decentralised financial systems.
-
Virtual CSO
Security leadership and expertise when you need it.
-
Debt advisory
Raise, refinance, restructure or manage debt to achieve the optimal funding structure for your organisation.
-
Financial modelling
Understand the impact of your decisions before you make them.
-
Raising finance
Access the best source of funding for your business with a sound business strategy and rigorous planning.
-
Business valuations
Valuable decisions require valued insights.
-
Complex and international services
Navigate the complexities of multi-jurisdictional insolvencies.
-
Corporate insolvency
Achieve fair and orderly outcomes if your business – or part of it - is facing insolvency.
-
Independent business review
Is your business viable today? Will it be viable tomorrow? Give your business a health check to find out.
-
Litigation support
Straight forward advice from trusted advisors to support litigation and arbitration matters, expert determinations and other specialist hearings.
-
Business valuations
Valuable decisions require valued insights.
-
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.
-
Expert witness
Our expert witnesses analyse, interpret, summarise and present complex financial and business-related issues which are understandable and properly supported.
-
Investigation services
A fast and customised response when misconduct occurs in your business.
Budget 2022 should back build-to-rent communities
New Zealand needs rental properties that give tenants a better experience, so let’s incentivise the creation of build-to-rent-communities, says Dan Lowe, Partner, and Property & Construction Leader. Read Dan’s full article here.
“New Zealand has a severe shortage of quality, affordable rentals. The good news is people are presenting solutions, but they need some impetus and support from the Government to deliver these large-scale developments”, says Lowe.
Renting as a customer-centred subscription service
Lowe says renting should be a positive experience.
“Currently, renting in New Zealand means frustration and uncertainty; at any time, a landlord can ask you to move out because they’re planning to move in or sell. When you’re attached to your community or your kids are zoned for the local school, this can be devastating. As a result, Kiwis have an ‘ownership or nothing’ mindset.
“If we look to other countries, renting works well – it’s more affordable than home ownership, it’s reliable and tenants have certainty. You pay a fair price and have the option of leasing for life without being financially disadvantaged because rents are affordable. These tenants also have the option of investing the money saved by not owning a home.
“By custom-building a community of renters all living in a complex where the individual units cannot be sold, tenants can have peace of mind about tenure. They can also enjoy the security that comes with having a sense of permanence in a neighbourhood of community.
“It’s like any other subscription service – almost everything else in our lives operates on a subscription model, why not housing?”
Build to rent communities need special treatment
Large-scale build-to-rent developments have the potential to provide tenants with the certainty they deserve. Some industry players are already dabbling in these developments, and Lowe sees huge potential in these types of projects.
“But to be successful, these developments need alternative rules to the wider private rental market. There’s already separate regulations for other types of communities like retirement villages and student accommodation. Because each of these are designated as a specific asset class, the Government can set sector-specific restrictions and create different tax regimes. The same approach could easily be used for large-scale build-to-rent projects.
“These communities can be more professionally run, with an onsite maintenance service making it a more liveable, pleasant experience for tenants, resulting in lower churn. This would help to keep rents down, because the complex would really be a commercial property proposition, not a residential one”.
Incentives to increase our supply of rental accommodation
“If a specific asset class were carved out for rental communities, incentives could be introduced to encourage more developments across the country,”
“These might include tax incentives such as perpetual interest deductibility, claimable depreciation, or perhaps a specific approach to establishing the rights between the tenant and landlord – something separate from the Residential Tenancies Act and bespoke to this form of accommodation.
“Whether they are subdivisions or apartment blocks, the construction of complexes like these would inject massive numbers of jobs and cash into our economy. Attracting major institutional investors would see a lot of money flow into New Zealand along with better accommodation for thousands of renters. Foreign pension schemes are always looking for solid investments, and this sort of asset class would have real appeal.
“Of course, if the Government wants to get really serious about tackling the problem, it could get large state-owned enterprises to back build-to-rent developments – an ideal way to put some money directly into solving our housing crisis”, says Lowe
Longer tenancies, more scalability
Lowe says recent tax changes are leading to a serious constraint of supply, driving up rents and making life even harder for tenants.
“Those mum-and-dad property investors are being incentivised to buy brand-new standalone houses further from the cities, creating urban sprawl which isn’t a great long-term solution for our renting woes.
“Historically, there has been an almost unnatural Kiwi fixation on owning your own home. This same mindset isn’t apparent when compared with more mature countries around the world. Maybe we are at that tipping point where the next generation doesn’t place so much importance on this outcome, and are happy to rent and use their surplus income for alternative investments”.
“Creating a stable, positive rental environment would be an outstanding result for the future of the 35% of Kiwi households currently renting – a number that’s only likely to rise”.