PwC connect Login Register
International PwC Sites
Complete list of PwC territory sites
Want to know how your world is changing? Want to see how your industry is evolving? Our collection of publications, surveys and commentary provides you with a unique perspective on the big trends that will shape your industry and your organisation.
Investor Category Visa changes to enhance economic benefits to New Zealand
Potential migration to New Zealand is clearly a global topic. In the wake of Brexit and the United States election, there have been numerous statistics and articles published about increased interest in relocating to New Zealand. As a country, therefore, we are in an enviable position as we can potentially take our pick from wealthy and experienced investors who may bring many benefits to the economy.
In this issue:
Our world is more digital than ever, but companies in New Zealand are still struggling with what this means for them. In this year's Digital IQ Survey, we've seen that there's a growing awareness and investment in digital, but we're still trailing in two key areas: human centred design and data and analytics.
Changes introduced to reap better immigration outcomes
On 19 April 2017, Immigration Minister Michael Woodhouse outlined several further proposed and confirmed changes to New Zealand’s immigration rules. The changes are intended to ensure that our immigration policy settings help us achieve the desired outcome: attracting the right people with the right skills to fill genuine skill shortages and contribute to our growing economy.
In our April 2017 newsletter we outline amendments affecting revalued assets; a consultation paper on accounting for heritage and other international papers of interest.
April 2017 | Issue #1/2017
The Regulatory Systems Amendment Act 2017 (Act), enacted in March 2017, rectifies an acknowledged anomaly that existed in relation to the reporting requirements of a company at the bottom of a New Zealand group. The Act also introduces further relief from reporting requirements for ‘large overseas companies’ and their subsidiaries. The changes come into force on 30 May 2017 and can be applied to periods that commenced before that date but do not end by 30 May 2017, or to periods that commence on or after 30 May 2017. Our In brief explains these changes.
Staying the Course toward True North
In 2015, the State of the Internal Audit Profession Study explored the operational capabilities -- specifically, risk focus, business alignment, talent and technology - that move internal audit toward True North. In this year's study, we identified a new factor contributing to stronger perceived value - internal Aaudit's ability to help stakeholders navigate disruption.
Employee share scheme tax bill introduced
On 6 April 2017, the Taxation (Annual Rates for 2017-18, Employment and Investment Income, and Remedial Matters) Bill introduced proposed changes to the taxation of employee share schemes (ESS) into the legislative process.
Since the launch of the first FinTech survey in 2016, the financial services sector has continued to see massive changes, driven by a new generation of start-ups in the sector, changing customer demands and new technologies.
For today's corporates, there's a real risk they are overestimating the disruptive impact of these new players, and underestimating the transformation their current competitors are undertaking in this race to become a FinTech-enabled financial services firm.
How infrastructure is funded in New Zealand is a hot topic, with value capture emerging as a key solution for financing tomorrow's infrastructure project.
In our latest publication, we discuss how value analysis and capture methods could apply in New Zealand and what this means for local councils.
In this edition respondents report a rise in transformational deals which increases deal complexity and risk. The report explores the challenges faced by dealmakers including what they are getting right and where they need to improve.
The government's decision to introduce legislation creating urban development authorities (UDAs) could have huge consequences for the way we design our cities and towns.
Local councils have an important role to play in this process and it's this role we're exploring in our latest publication. Our report looks at what makes for a successful UDA, how they can be financed and their broader role in creating great outcomes for our communities.
In our March edition, we update you on the latest GST developments including:
A closer look at the Government’s recent discussion documents for the next steps in the BEPS journey for New Zealand
As we highlighted in our Tax Tips Alert: Next steps in the BEPS journey for New Zealand, the New Zealand Government released three consultation papers on 3 March 2017 setting out proposals to make it harder for foreign multinationals to shift profits outside New Zealand without economic justification.
Our annual CEO Survey explores the perspectives of business leaders from across the spectrum, on the challenges and opportunities they are facing. As well as our full survey results, we've released a private company view of the findings that dive deeper into the future of privately held businesses.
Next steps in the BEPS journey for New Zealand
The New Zealand Government is proposing to make it harder for foreign multinationals to shift profits overseas without economic justification, with the Revenue Minister Judith Collins announcing the release of three consultation documents at the International Fiscal Association Conference in Queenstown on 3 March 2017.
New measures to prevent non-compliant employers from hiring migrant workers
On 23 February 2017, the Government announced new measures to restrict access to migrant labour by employers who breach immigration and employment law. With effect from 1 April 2017, employers that have incurred a penalty for breaching employment standards will be “stood down” from recruiting migrant workers for between 6 months to 2 years, depending on the severity of the breach.
Our latest Immigration Alert discusses how these changes will affect employers and migrant workers.
20 years inside the mind of the CEO....What's next?
In our February 2017 newsletter we outline the recent standard on public sector combinations issued by the IPSASB.
In the Food Trust section this month we feature an article on measuring and managing trust in your food.
Six impactful changes on the horizon for New Zealand's banks
By 2020, six impactful factors will have driven the banking sector to large-scale change, according to a new report from PwC's Strategy& in Australia. The Future of Banking report outlines some key priorities before the end of the decade, as PwC looks at the issues from a New Zealand perspective.
The electrical industry is going through a period of massive disruption. Utilities are now facing the biggest changes in the industry since the invention of the light bulb.
Our latest report dives into what this change will look like and what this means for the industry.
In our January 2017 newsletter we outline five new standards addressing accounting for interests in other entities, a new standard on financial instruments available for early adoption, a proposed new standard on employee benefits and an omnibus of amendments to PBE Standards.
Where is the AgriFood industry heading? And what are the big trends that will reshape the sector? Read our latest report to find out.