Media Release – McGrathNicol appointed Receivers and Managers to Quintis Group

On 23 January 2018 the secured bondholders have appointed Jason Preston, Shaun Fraser and Robert Brauer of McGrathNicol as Receivers and Managers (“Receivers”) of Quintis. View media...

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McGrathNicol congratulates new Partners Hugh Monaghan and Michael Dunnett

McGrathNicol congratulates new Partners Hugh Monaghan and Michael Dunnett Leading independent advisory firm McGrathNicol is delighted to announce the admission of Hugh Monaghan and Michael Dunnett...

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Whistleblower compensation is sorely needed

I was a teenager working at Walton's department store when, in 1986, one of Walton's senior managers discovered that the store's new owners, the Bond Corporation, had embarked on a creative method of recognising revenue.

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Understanding the risks and implications of fraudulent underpayment of wages and employee entitlements

A growing number of high profile large Australian companies have been on the receiving end of adverse media attention alleging the deliberate underpayment of employee entitlements. The fallout from...

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Market Conditions

The flat result in retail sales in September 2017 is hopefully a sign the contractions in the prior two months have been stemmed, however online sales has seen a reverse in its trajectory after two...

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New Zealand Working Capital Report 2017

Welcome to the 2017 McGrathNicol New Zealand Working Capital Report. This report profiles the working capital performance of a sample of 140 New Zealand companies across the Building Products,...

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Whistleblower legislation – implications on your business

The Federal Government released its long-awaited draft whistleblower protection legislation on 23 October 2017. If passed as currently drafted, the Treasury Laws Amendment (Whistleblowers)...

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Worried retailers advised to get online

Despite a string of recent receiverships and Kiwis continuing to shop overseas, New Zealand retail sales are growing. In the year to June, retail growth was up 3.7 per cent, outpacing economic growth...

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In Retail – New Zealand FY17 in Review

SNAPSHOT FY17 retail growth was strong at 3.7% (nominal 5.5%) and continued to outpace the broader economy, with GDP growing 2.7%. Retail growth in FY17 was spread across the country,...

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In Retail – FY17 in Review

SNAPSHOT Retail sales up 2.9% to $307 billion Online sales slowing, but continuing to outpace traditional retail sales Consumer confidence in pessimistic territory and down a...

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