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Press Releases

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Budget provides tax relief to certain R&D expenditure The Budget includes an announcement that “small, innovative businesses” will be able to cash up tax losses on R&D up to a certain limit, says Deloitte CEO Thomas Pippos.
Budget provides tax relief to certain ‘black hole’ expenditure It is refreshing to see the Government move to deal with a number of categories of much-maligned “black hole expenditure,” says Deloitte CEO Thomas Pippos.
Budget extends the ambit of the thin capitalisation rules Budget 2013
Budget confirms Meridian the next to float under mixed ownership model programme The continuation of the mixed ownership model (MoM) programme will stimulate New Zealand’s capital markets and contribute to economic growth, according to Deloitte Corporate Finance Partner Andrew Hirst.
Budget confirms commitment to rebuilding Christchurch Overall the Government is doing a world-class job of an extremely complex and costly disaster recovery process, according to Deloitte’s Christchurch Managing Partner Brett Chambers.
Budget reflects modest optimism As a consequence of the improving economic conditions Budget 2013 reflects a modest optimism compared to the previous two “zero Budgets” delivered by Finance Minister Bill English, says Deloitte CEO Thomas Pippos.
New Zealand Chief Financial Officers cautiously upbeat about the future New Zealand Chief Financial Officers (CFOs) are more confident than they have been for some time
South Island firms continue to show encouraging growth Deloitte South Island Index kicks off the 2013 calendar year with 6.9% gain in the quarter to 31 March 2013
Many NZ employers failing to understand and address key talent challenges Despite persisting talent shortages, there are many worrying gaps between what’s seen as important and the current effectiveness of recruitment and people management practices of New Zealand employers, according to a new Deloitte survey.
South Island firms continue upward trajectory South Island listed companies have continued to perform well posting a gain of 7.7%, according to the latest Deloitte South Island Index.

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