William Buck New Zealand
As a fully integrated firm of Chartered Accountants and advisors, William Buck provides a complete solution. Putting you at the core of the business, our advisors work together to ensure that careful consideration is given to your business and personal wealth affairs.
Working closely with you and your team, our Business Advisors can help you plan and implement contemporary business strategies and practices to meet your business’s full potential.
Our commercially minded tax specialists offer clear, responsive advice to manage your tax risk, address local and international issues, and develop strategies to optimise your tax position.
Our highly experienced team of liquidators and trustees use their extensive expertise to assist in times of financial distress, achieving the best outcome for all stakeholders.
Our audit team has extensive experience in a range of engagements, giving stakeholders independent and objective assurance on financial information, transactions and processes.
By understanding not only what you want to achieve but why it’s important, our wealth advisors can create strategies attuned to your key priorities. The end result is a plan focused on your life goals.
Our Corporate Advisory team provides objective, strategic and commercial advice across a broad range of business issues. Our work spans the breadth each engagement from the origination of ideas to managing the transaction process, valuation and structuring.
The William Buck Hour could be the most profitable hour you spend this year.
Sweeping changes to financial reporting may impact your financial position and business operations.
Our experts are here to help you understand what you need to know about Safe Harbour legislation.
William Buck has a team of professionals with specialist experience and know-how on a range of industry sectors.
Our advisors understand the risks and opportunities unique to the agribusiness sector. Taking a strategic view of your operations they provide relevant guidance and advice.
Assisting public and private schools, vocational colleges, universities and private training providers, our education specialists provide timely and valuable assurance services together with strategic, financial and management advice.
Our Government and public sector team has substantial experience in assisting all levels of government to review their structures and develop strategies, in line with relevant legislative requirements and accounting and audit standards.
Working with over 1,600 clients in the health sector, our advisors help practitioners and health care corporates achieve their business and personal goals
Our hospitality and tourism team has a working knowledge of the industry which, when combined with our technical knowledge, can assist you in reaching your commercial goals.
By staying on top of changes in the manufacturing sector, our industry experts provide relevant and timely guidance to a broad range of manufacturing business.
Our mining and energy team has the experience and resources to help start-ups, developing businesses and well-established companies to meet their commercial goals.
Integrity and transparency are at the heart of the best Not for Profit organisations. These values re shared by our dedicated Not for Profit team, which helps entities to establish to improve performance and develop strategies for long-term growth.
Our advisors understand the challenges and opportunities facing the professional services sector first hand. This experience together with our expertise helps to determine your strategic objectives and provide concise, relevant advice to help you achieve your goals.
Our property and construction team assist on a wide range of assignments from property development to construction and large infrastructure projects. Their diverse experience, technical expertise and commercial know-how to help you tackle the important issues.
Our retail and wholesale team works with a variety of businesses from family owned operations to franchises and larger chains, to provide advice and guidance on the issues that count.
Our transport and distribution team works with businesses to review their operations, improve efficiency and productivity and ensure compliance with the latest regulatory developments.
The William Buck Health Hour could be the most profitable hour you spend this year.
We work with individuals, businesses and community organisations with a particular focus on the mid-market. Drawing on our extensive experience, our advisors will challenge your thinking and re-frame problems to understand their root-cause.
We’re more than just accountants and advisors, we aspire to create positive change in the lives of our clients and our people.
Life as a CFO can be complex, exciting and demanding. Combining technical excellence with decades of working closely with and listening to the needs of CFOs, our advisors understand the competing demands of your role.
Whatever your needs, we have the expert resources to create the best outcome for you and your business. As our client, you’ll benefit from our integrated services model that puts you at the core of its business.
We create and implement personal wealth plans and tax strategies that give our clients greater certainty that their financial and personal goals will be met.
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Our professionals are experts in their fields and are skilled at providing jargon-free, practical and comprehensive advice, allowing you to get to the heart of your matter.
Interested in joining our team? We have positions across Australia and New Zealand for forward thinking, enthusiastic, intelligent individuals.
Looking to join a team that offers more than just co-workers? We’re proud to have built a firm which engenders loyalty and provides an environment in which life-long professional connections and friendships can flourish.
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We offer a workplace where striving for excellence and being supported to achieve your professional and personal best, are par for the course.
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We foster a dynamic and respectful work culture, where growth and development are encouraged, and initiative is rewarded.
We’re committed to recruiting outstanding people. Our culture is built on respect and team work, making William Buck a great place to develop a rewarding career. From day one, you will be given every opportunity to realise your full potential.
We boast a culture that values each individual employee as an essential part of the team and places a high priority on helping you reach your full potential, personally and professionally.
Hello. Kia Ora. Talofa. Ni Ho. However, you say it, there’s always a warm welcome at William Buck. Creating an enjoyable environment to spend our days is part of our master plan to create an exceptional place to work.
Applying for a graduate position at William Buck is the first step in a rewarding career.
Our people are the reason for our success. In recognition of this we have comprehensive learning and development programs to ensure our employees are given the right opportunities to grow both as professionals and as people.
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Established in 1895, we’re more than just advisors; offering a full range of services and 360 degree support, we aspire to create a positive change in the lives of our clients and our people.
As a member of Praxity, the world’s largest international accounting alliance, our local team is supported by our extensive network, representing an unrivalled global resource and knowledge pool.
From Western Australia, to New Zealand; and everything in-between; check out our offices, and local team, representing an unrivalled global resource and knowledge pool.
Finance Minister, Grant Robertson, has announced in the 2020-21 Budget that the Government will spend $50 billion over the next four years on getting the New Zealand economy moving again.
The Budget lays out the first $15.9 billion of investment including an extension of the Wage Subsidy Scheme, free trades training, and a state house building programme. Approximately $14 billion has already been allocated to previously announced initiatives, leaving about $20 billion unspent.
The key items in the Budget include:
Another funding package for the media sector is also in the works, with details to be announced later.
Treasury expects this spending to save 140,000 jobs over the next two years, but for unemployment to still bounce up to 9.8 per cent in September (due to the economy shrinking by as much as a fifth in the three months to June).
This spending will see debt ramped up massively, with the Government’s net debt over half the size of the entire economy in 2023 and 2024, up from about a fifth pre-COVID-19.
No tax hikes or big spending cuts are pencilled in for this spending, with low interest rates helping the Government books through six years of expected deficits, returning to a minor surplus in 2028.
The Government has already provided various support for businesses to cope with COVID-19 such as the Wage Subsidy Scheme, changes to the taxation system, low and interest free loans, and supportive changes to laws and regulations.
The Budget provides a further $4 billion Business Support package to keep people in work, and position businesses for recovery and growth.
Extension of the Wage Subsidy Scheme
Increasing support to research and development
Increasing the importance of e-commerce
The Budget is setting aside $10 million in funding to support small businesses to improve their e-commerce service offerings, and incentives/grants to encourage e-commerce adoption.
The Budget contributes $3 billion to additional infrastructure investment with more details to come
The Housing package creates 8,000 additional public or transitional housing places over the next 4 to 5 years. This will be financed by $5 billion of building through the Kāinga Ora borrowing programme and investment in Community and Transitional Housing providers.
The Government is also providing $670 million of support and services to tenants with more details to come.
New Zealand’s rebuild creates an opportunity to address sustainability and environmental challenges.
The $1 billion Environmental Jobs package appears to be able to create thousands of jobs
The predicted unemployment rate would reach a record high as many New Zealanders find themselves out of work, or entering the labour market for the first time. It is crucial there is strong support for the people to gain the skills they need for work.
This package includes:
The Budget contributes $400 million towards the Tourism Sector Recovery Plan.
Māori COVID-19 Recovery Package totals $485 million and includes a range of measures to support Whānau.
The $195 million Pacific recovery package is comprised of a range of initiatives to support Pacific communities.
During the unprecedented and uncertain times, it is critical to support the communities and especially those vulnerable people.
Community Wellbeing package includes:
The Budget invests nearly $1 billion to support the core provision of education services.
This investment will enhance the resilience and reliability of national rail and ferry networks, and over time, contribute to efforts to reduce our carbon footprint through decreasing emissions.
Recent events have proven how critical it is to invest in the healthcare of the country. It is vital that the healthcare sector is able to safely respond to the pandemic while maintaining the sustainable delivery of existing services. The core health package is investing $5.6 billion in services and $755 million in capital investment.
The Budget provides substantial investment in both government and non-government social services to support New Zealanders’ employment, housing, and broader life outcomes. It also supports vulnerable and marginalised populations, with a particular focus on the elderly, people with disabilities and victims of domestic violence.
As we move into the post-COVID-19 economic recovery, our primary sector is more important than ever. The Budget invests in initiatives that will ensure our primary industries are supported and sustainable now and into the future.
The Budget is the single biggest spending package in New Zealand’s history. Prime Minister Jacinda Ardern said there was nothing usual about COVID-19 and that meant an extraordinary response in its Budget. There are a number of multibillion-dollar job-creation and job-saving schemes included in the Budget, as well as a massive push for training and re-training.
While the Government revealed a $50 billion COVID-19 fund, only $15.9 billion of it is being immediately allocated to spending programmes. It is noted the $50 billion also takes in $13.9 billion spent over late-March and April, but not the initial $12 billion spent for the Covid-19 response. This means the total amount forecast to spent on COVID-19 recovery over the four-year forecast period is in fact $62 billion ($20 billion of that remains unallocated).
New Zealand’s economy, like the rest of the world, has taken a hit due to COVID-19. Hence, the Government had to drastically refocus its spending to help the country recover. To pay for the massive recovery package, the Government will borrow hundreds of billions of dollars. The Government debt will more than double to $200 billion and there will be deficits in the tens of billions for years to come.
Grant Robertson is optimistic the Government’s huge spend-up will see New Zealand start to recover from July.
“We are doing what it takes to cushion the blow, support businesses and workers, and position the economy for recovery,” he said. “We’re answering calls for significant new investment as we face this 1-in-100 year global shock.”
Grant Robertson’s prediction is in line with the IMF’s forecast that global growth will rebound to 5.8 per cent in 2021. However, it will largely depend on how the coronavirus is contained and whether other nations experience ongoing spikes.
The Budget aims to assist New Zealand’s recovery from COVID-19 by investing in parts of the economy to protect jobs, create new job opportunities and rebuild consumer and business confidence.