MYOB withdraws Reckon merger application

Supplied Content Wellington, June 2, 2018 MYOB Group Limited has today formally withdrawn its application to acquire the Accountants Group business of Reckon Limited (Reckon). The Commerce Commission was scheduled to make a decision before the agreed date of June 21, 2018. The Australian Competition and Consumer Commission (ACCC) was undertaking its own assessment of the proposed merger. About MYOB…

Read More

With $26.2 billion, Auckland Council gets its biggest budget

Phil Goff Auckland, June 2, 2018 The Auckland Council decided on Thursday, May 31, 2018 to implement Mayor Phil Goff’s ‘Build-it’ Budget, agreeing the largest-ever investment in Auckland’s infrastructure: $26.2 billion across the next 10 years. Following is a Statement issued by Mr Goff: This is a fantastic day for Auckland, beginning 10 years of transformative work that tackles the…

Read More

Transparency builds trust and breeds success

Fortunately, there is no alternative Declan Mordaunt Wellington, June 2, 2018 Under the title of ‘The Trust Crisis,’ the April/May Edition of Acuity (Magazine of Chartered Accountants Australia and New Zealand) contains two articles on the topic of trust and business. Each emphasises the important role of trust for businesses and the need for transparency. The days of ‘trust me’…

Read More

FTA talks with European Union revives business confidence

Key Words: SMEs, Transparency, Accountability Suzanne Snively Wellington, June 2, 2018 Business confidence, falling after last year’s election, has been buoyed by news that the Government is in discussion with the European Union over a new free trade agreement. The Coalition Government has also taken steps to progress the Comprehensive and Progressive Trans Pacific Partnership (CPTPP) and to refresh the…

Read More