Mentions of KPMG in New Zealand Parliament debates
KPMG has been mentioned in 40 parliamentary debates since November 2005.
Biosecurity Law Reform Bill
Second Reading 16 Aug 2011
Hon DAMIEN O’CONNOR ... a pleasure to rise in the House to speak on the Biosecurity Law Reform Bill. It is interesting that in a recent KPMG report—a survey of all of the key agribusiness leaders across the country, asking them what were the issues ahead of ...
Estimates Debate - In Committee
In Committee 2 Aug 2011
Hon DAVID PARKER ... of the productive export sector. Craig Elliffe is a former partner of Chapman Tripp, a former tax partner of KPMG, and now an academic and a successful businessman in his own right. He says that we need a capital gains tax because “T...
Television New Zealand Amendment Bill
In Committee 12 May 2011
BRENDON BURNS ... with the board of the organisation that he has imposed a swingeing freeze on, at a time when there was an established KPMG report that said Radio New Zealand was desperately short of funds. We now have the new chair of Radio New Zealand ...
Auditor Regulation and External Reporting Bill
Second Reading 13 Apr 2011
DAVID CLENDON ... Integrated Reporting Committee that is leading the work globally, headed by one Sir Michael Peat, a former partner in KPMG, and it counts among its members one Sir David Tweedie, who is chair of the International Accounting Standards Board. ...
Taxation (GST and Remedial Matters) Bill
Second Reading 24 Nov 2010
RAYMOND HUO ... Committee has recommended a carve-out for most commercial leases from that definition, following submissions by KPMG and others. This means that most commercial leases will not be subject to the zero rating provisions for land. It is ...
Social Development and Employment
Unemployment—Reports 12 Oct 2010
Hon Annette King Does the Minister agree with KPMG’s Mood of the Market report, which said almost one in five Auckland firms expected to lay off staff over this year; ...
Appropriation (2010/11 Estimates) Bill
Third Reading 3 Aug 2010
Hon DAMIEN O’CONNOR ... that we need to look at the area of monetary policy again because it is failing the export sectors in this country. KPMG did an extensive report on primary industries. It said some glaringly obvious facts. Unless we spend more on research ...
Budget Debate 3 Jun 2010
CHARLES CHAUVEL ... we ensure ongoing prosperity in the future. The warning signs are there for anybody who cares to see them. We had the KPMG report last month, which warned that our farmers’ efficiency will be surpassed by those of developing countries like ...
Revenue
Budget 2010—Tax Changes 26 May 2010
Hon PETER DUNNE ... including organisations like Deloitte, which said this Budget was a series of steps in the right direction, and KPMG, which said that it was a smart but bold approach, and even the Institute of Chartered Accountants said that it was ...
Animal Welfare Amendment Bill 2010
In Committee 17 Jun 2010
DAVID SHEARER ... will also touch on the point my colleague Carol Beaumont mentioned, which is the economic case for this legislation. KPMG released a report about 6 weeks ago that looked at New Zealand’s agriculture and asked where it would be in 5 or 10 ...
Second Reading 25 May 2010
Hon DAMIEN O’CONNOR ... consultants in this House, or indeed anywhere around the country, but I say this is a very, very good report from KPMG. It is KPMG’s first attempt—
Communications and Information Technology
Broadband Roll-out—Rural Initiative Progress 22 Apr 2010
Clare Curran ... made by rural organisations that rural broadband is the poor cousin of urban broadband, given that a just-released KPMG report notes that only 1.6 percent of the new money that the Government initially proposed to put into broadband and ...
Clare Curran I seek leave to table the report KPMG Agribusiness Agenda: The big opportunities and challenges facing New Zealand agriculture.
Agriculture
Primary Sector, Innovation—Primary Sector Partnership 27 May 2010
David Shearer ... who have waited almost 20 months for funding, after he cut the $700 million out of the Fast Forward Fund, and when KPMG has warned that it could be only 5 years before we lose our competitive advantage in agriculture?
Agriculture Industry—Position in Global Market Place 22 Apr 2010
Hon Damien O’Connor ... of the research and development tax credits and the Fast Forward fund, does he agree with the recently released KPMG agribusiness report that says: “Despite much talk about the importance of improving the productivity of the New ...
Hon Darren Hughes ... have addressed it from the Government’s perspective. But he was asked whether the Minister agreed with a quote from KPMG—
Hon Damien O’Connor I do not want to trifle with the House but I seek leave to support the tabling of the KPMG report tabled by my colleague just a few minutes ago.
David Shearer Given that the KPMG report argues for the investment of leading-edge science in the wool and meat industries, how does he believe that ...
Hon Darren Hughes Can the Minister confirm that the KPMG report received from the Government confirms that not one dollar has been allocated or spent on the Government’s ...
Debate on Prime Minister’s Statement 17 Feb 2010
NICKY WAGNER ... The framework as outlined has generally been well received. In fact, it is hard to argue against it. Accountants KPMG stated: “This is the right way to go about tax reform to ensure a fair and coherent tax regime.” Charles Finney from ...
Financial Service Providers (Pre-Implementation Adjustments) Bill
First Reading 16 Feb 2010
HONE HARAWIRA ... of a banking glitch. It was a fairly significant glitch—$460 million. But there was even more gloomy news from KPMG, which reported that fraud in this country last year rose to record levels. Its forensics expert said that committing ...
Adjournment - Sittings of the House
Sittings of the House 16 Dec 2009
JOHN BOSCAWEN ... 2008 were, indeed, third-ranking, rather than second-ranking as they were purported to be. I rang the auditors, KPMG, this morning, and inquired as to why they did not require disclosure of this information at 30 June 2008. I am yet ...
Taxation (Consequential Rate Alignment and Remedial Matters) Bill
In Committee 26 Nov 2009
STUART NASH ... of mail a day being sent out, and reduces that. There was slight concern expressed, however, by submitters like KPMG that it would disengage people from the tax system, or they would not automatically get a tax summary, and therefore ...
STUART NASH Yes, it does. In the end we decided that the risk was worth this legislation going ahead. We heard KPMG say that it is sort of OK, so we stuck with it.
Finance
Economy—Reports 19 Oct 2010
Hon BILL ENGLISH I noted a report from KPMG—
Hon BILL ENGLISH I noted a report yesterday by KPMG that set out two things. The first is that New Zealand is unique in the world in matching higher indirect taxes with ...
Retail Deposit Guarantee Scheme—Extension 26 Aug 2009
Hon David Cunliffe ... will be “no chance of many of the little finance companies getting a BB credit rating in the next 12 months” and with KPMG partner Godfrey Boyce that “Very small financial institutions are going to struggle to achieve that credit rating.”; ...
Estimates Debate - In Committee
In Committee 18 Aug 2009
Hon CLAYTON COSGROVE ... whole issue of private versus public prison management out to an independent agency, such as PricewaterhouseCoopers, KPMG, or whoever else—somebody who does not have an axe to grind—so that we can get some facts around which system is more ...
Taxation (International Taxation, Life Insurance, and Remedial Matters) Bill
First Reading 6 Aug 2008
CHRIS TREMAIN ... in the area of volunteers, and in the area of compliance costs by lowering the thresholds for small businesses. As KPMG said about the bill, the amendments change business and investment tax results. It says that some of the changes are ...
Financial Service Providers (Registration and Dispute Resolution) Bill
First Reading 13 Dec 2007
Hon LIANNE DALZIEL ... operated by the Companies Office. The Companies Office has been consistently assessed by the Business New Zealand - KPMG survey as the most helpful Government department in New Zealand. It provides a world-class service, with efficient ...
General Debate 21 Nov 2007
LINDSAY TISCH ... is a chief source of frustration and is the biggest impediment to future profitability. The Business New Zealand - KPMG compliance cost survey echoed those same sentiments. It talked about tax, about KiwiSaver, about the heavy toll on ...
Internal Affairs
Births, Deaths, Marriages and Relationships Registration Amendment Bill—Amendments 25 Oct 2007
Hon RICK BARKER ... very concerned about unauthorised access or misuse of their personal information. In 2006 a fraud survey conducted by KPMG reported that 61 percent of respondents believed identity fraud was a major problem for business. It reported that it ...
Sandra Goudie Does he agree with the KPMG report that identified no link between identity theft or fraud and access to birth, death, and marriage information, ...
Income Tax Bill 2006
In Committee 21 Aug 2007
CHRIS TREMAIN ... firstly on some of the comments made by some of the submitters. There were not a lot of submitters on this bill. KPMG and the Institute of Chartered Accountants of New Zealand made some specific calls in terms of the definition “permanen...
Research, Science and Technology
Research Funding—Sustainability and Economic Transformation 18 Jul 2007
Hon STEVE MAHAREY ... increases the attractiveness of undertaking research and development in New Zealand over Australia, and David Gelb of KPMG in Australia has stated: “There are companies which in the past have relocated R and D facilities from New Zealand to ...
Budget Debate 22 May 2007
CHARLES CHAUVEL ... 18 May. There were a number of commentators: John Cantin, Paul McPadden, Brahma Sharma, and Jan Dawson, all from KPMG, and Donal Curtin from Vestar investments gave very positive commentary about the way this Budget was very positive ...
LINDSAY TISCH ... compulsory scheme: “You are going to have to contribute; it is going to be a compulsory scheme.” The latest survey by KPMG said that the costs for a small business—a small to medium sized enterprise employing fewer than 19 people—is about $3,...
LINDSAY TISCH Well, members have only to look at the survey to see that I am right—this is not me saying it; this is KPMG coming out with these latest figures. But let us have a look at what was in the Dominion Post yesterday—I like this ...
Births, Deaths, Marriages, and Relationships Registration Amendment Bill
Third Reading 17 Jun 2008
SANDRA GOUDIE ... theft and access to the Births, Deaths and Marriages register. If members took the time and trouble to read the KPMG report, they would see that for themselves. It was never proven that the premise of this bill, which is around ...
In Committee 20 May 2008
SANDRA GOUDIE ... was that they were trying to fix and constantly they said it was to prevent identity theft. We have to look at the KPMG report because that says that in no way does identity theft have any relationship to access to information from the ...
SANDRA GOUDIE ... for identity theft can be obtained from many other sources. He is absolutely right. I said previously that the KPMG report on identity fraud made no linkage between access to the births, deaths, and marriages information in the ...
First Reading 28 Feb 2007
Dr PITA SHARPLES ... the gaining of money, goods, drugs, and other benefits through the use of false identity. A recent fraud report from KPMG describes identity crime as being one of the most pervasive developments occurring in Aotearoa in recent years. Indeed,...
Unsolicited Electronic Messages Bill
Third Reading 27 Feb 2007
Dr PITA SHARPLES ... business activity. The latest annual survey of business compliance costs conducted in 2006 by Business New Zealand—KPMG surveyed some 1,400 businesses and concluded that compliance problems and costs were still disproportionately high. ...
Business Law Reform Bill 2006
Second Reading 26 Oct 2006
Dr PITA SHARPLES ... may call the triple bottom line. Finally on this point, I will refer to an absolutely shocking release I read from KPMG just over a week ago. The latest 2006 KPMG fraud survey revealed that 53 percent of New Zealand organisations had ...
KiwiSaver Bill
In Committee 29 Aug 2006
CHRIS TREMAIN ... stated that the time frame was too short for a successful implementation of the bill. We have the likes of KPMG, Mercer New Zealand, the Financial Services Institute of Australasia, Chatswood Consulting Ltd, Business New Zealand, ...
Environment
Resource Management Act—Public Opinion 24 Aug 2006
Hon DAVID BENSON-POPE ... are not reflected, for example, by more reputable groups in the community, such as Local Government New Zealand, KPMG, and Yale University, if I could cite those examples. Local Government New Zealand surveys have shown that compliance ...
Commerce
Business—Ease of Participating in New Zealand 24 Oct 2007
Hon LIANNE DALZIEL Yes, I have. I have the seen the results of the fifth annual KPMG - Business New Zealand compliance costs survey, which were released this month, and which indicate that compliance ...
Maryan Street Are there any other aspects of the KPMG - Business New Zealand survey that would reflect the Government’s commitment to business?
Regulations—Businesses 19 Jul 2006
Katherine Rich What is her response to the Business New Zealand - KPMG compliance cost survey showing that the average compliance cost per firm has risen from $45,000 in 2003 to $53,000 in ...
Energy
Electricity Outage, Auckland—Report 27 Jun 2006
Hon Dr Nick Smith ... of Economic Development, when there is a chorus of commentary from Treasury, the International Energy Agency, KPMG, and industry leaders describing the Government’s set-up as “confusing”, “needing clarification”, and, according to ...
Taxation (Depreciation, Payment Dates Alignment, FBT, and Miscellaneous Provisions) Bill
Third Reading 22 Mar 2006
JOHN KEY ... I know we received a lot of submissions in relation to “nine to five” leases. I quote a comment that came from KPMG in relation to the cancellation of those “one plus one plus one” leases, or “nine to five” leases as they are ...
In Committee 21 Mar 2006
Dr the Hon LOCKWOOD SMITH ... It is not something that I have come up with just off the top of my head. Murray Sarelius, tax partner at KPMG, recently raised this issue in a press release in which he stated that the officials report to the Finance and ...
Dr the Hon LOCKWOOD SMITH ... whatever, income that has been earned offshore. The top tax specialists of not only PricewaterhouseCoopers but also KPMG have said that that incentive is too tough, and that if we want the measure to work, the time period for someone to ...