Aro Accounting | Business
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Business

Who’d be an economist? Are we about to boom, or straight to bust?  Are house prices starting to tick up again, or about to plummet?  Is NZ in recession, or have we avoided it?  Despite there being an entire industry dedicated to ‘reading the tea leaves’,...

It’s official, increasing interest rates are starting to ‘hurt’.  While it seems a little perverse that the Reserve Bank’s solution to prices rising too quickly is to raise the price of something, it does appear to be having the intended effect with inflation beginning to...

It is often the case that our greatest strength can also be our greatest weakness.  This is true in our personal lives as well as business.  One of the great things about small businesses is the number-8 wire mentality of just getting the job done. ...

It’s finally here! It’s official.  June saw the feared ‘R’ word go from a prediction to reality, NZ is officially in recession.  Which is hardly surprising considering it has been forecast for what feels like an eternity. As a brief recap, this is how we find ourselves...

The tax man is coming After a few quiet years of cutting a lot of slack during Covid, IRD have now found another gear. They are ramping up both on the ‘recover’ side by chasing outstanding tax debt, and on the ‘compliance’ side by taking a more...

As another day passes, it seems that there is yet more doom and gloom in the economy.  It’s hard to avoid hearing about businesses doing it tough. And more bad news begets more bad news. It’s like we’ve got compounding bad news! But, historically speaking, how...

What a tumultuous financial year the 2023 year was. 2024 looks like it might be more of the same. NZ continues to have elevated inflation, higher (although historically pretty reasonable) interest rates, reducing property prices, trimmed milk price forecast, shortage of labour, excess demand, and...

Self-employed or a shareholder taking drawings? Chances are that you’ve got ACC’s default cover in place. If you’re unlucky enough to suffer an injury that means you can’t work for a period of time, you would get to find just how difficult it is being...

Wet weather Our thoughts are with everyone who has been affected by the recent flooding, its scale was both dramatic and terrifying. At the time of writing, it appears that it may not be over as more rain is forecast. If you or your business has been...

Ahhhh the festive season is upon us again! A time for family, too much eating and drinking and hopefully getting to ‘unplug’ for a few days. But it is also a time for added financial stress – Consumer NZ has found that 2 out of...