Aro Accounting | Insight
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Insight

And so it happens, NZ finds itself in Alert Level Red. Perhaps it is because we are all getting used to living with Covid, but it seems that there has been less information for businesses coming out from government agencies this time around. Generally speaking, businesses...

If you’ve got a mortgage or other significant debt, the talk of increasing interest rates may have caught your attention. So, what’s going on? Surely with all this freshly printed money floating around, a cautious reserve bank, and a good chunk of the nation in...

If you have been paying attention to any sort of media over recent weeks, you’d think that the world is going to hell in a hand-basket. It seems the only news is bad news, all doom and gloom. And as a nation, we appear increasingly...

Today saw the next iteration of support measures for businesses announced. The announcements were scant on details, but we expect that will be released over the coming week to 10 days. Here is a very brief summary of our take: The Resurgence Support Payment (the one...

Just in case you missed it… Auckland is still in lockdown. Many of us are itching to get out and about a bit more, or for parents, get kids back to school. But it looks likely that we’re going to be living with some form of...

It’s been a long time coming, but there has finally been some guidance released about the new tax rules on residential rental property. At this stage, they are still just proposals and are subject to change, but a couple of key points: If you purchased...

At 9am this morning, the next round of wage subsidies opens for application. If you are an employer or in business and you qualified for the most recent wage subsidy (the one that has been available for the last couple of weeks), there is a very...

For me, last week was a pain. Lots of people to blame, lots of fear. Uncertainty. What a cruel word. That feeling of powerlessness. What really is important? Immediately, wearing a mask when you step outside, yes. Watching the 1 pm briefing, no. Chatting with friends...

Ahh New Zealand. The land of the Long White Cloud. Stunning vistas, natural beauty and exceptionally low productivity. It’s that last part that’s a problem. According to the OECD, New Zealand’s productivity sucks. OK, they didn’t say that it sucked, but they did highlight that...