Budget 2025: The impact for your small business

On Thursday 22 May, the Minister of Finance, The Honourable Nicola Willis, delivered Budget 2025. Opening her speech, the Minister said: “This is a responsible budget to secure New Zealand’s future. It supports the economic recovery now underway. It also takes a...

Understanding Your Balance Sheet

To understand the financial position of a business at a specific point of time, look at the balance sheet which may also be called the statement of financial position. Together with the Profit and Loss Statement, and possibly other reports such as the Statement of...