Latest fromKPMG

KPMG baffled by National’s pledge to ditch financial services conduct law
The law is meant to regulate banks and insurers over how they treat customers.

Covid killed the clinic: IRD has liquidators appointed to medical centre
Statement of assets listed those as being negative, the company owing about $313,000.

Banks’ preparations for tough times could dampen profits
KPMG sees banks continuing to make provisions for higher bad debts.

Hello Foods receivership: Creditors claim $20m, liquidators called in
"We lost a lot of money."

Wellington bar The George insolvent: landlord changed locks, $800,000+ owed
Landlord changed locks after bar failed to pay rent, and IRD makes move.

Banks made record $7b last year - that's up by a billion dollars
The figures are bound to stoke calls for a banking inquiry.

Merger and acquisitions in NZ at six-year high
Merger and acquisition activity had its best first half of the year in 6 years.

Bank profits dip as lending growth outpaces deposits
Profits across New Zealand's banks dipped in the June quarter driven in part by record lending outpacing funding.

KPMG: NZ digital government lags behind Estonia
Bureaucracy is still trumping the brave, new digital future in the halls of many of New Zealand's government departments and public service agencies.

KPMG: Cyber security moving faster in public sector
The public sector is now leading the way in New Zealand cyber security - and private sector companies could learn some lessons, says cyber security expert Philip Whitmore.

KPMG: Conventions centres $940m investment in new visitors
New Zealand's efforts to gain a bigger slice of the global, multi-billion-dollar conventions industry will need expert marketing and relationship-building to succeed.

KPMG: Good corporate conduct brings big benefits
Companies which address the burgeoning threat of conduct risk stand to be winners in the marketplace, according to a top financial consultancy firm.

KPMG: Peer-to-peer lending yet to face real test
The newly launched peer-to-peer (P2P) lenders may have to prove they can endure an economic downturn and become more transparent before becoming a major force in the personal/consumer loan markets.

KPMG: Financial advisers still have trust issues
New Zealanders need advice from financial advisers to improve complex investment and retirement outcomes but face an enormous obstacle - a lack of trust, says KPMG's Head of Financial Services, John Kensington.