Auditors need to come out of the shadows and explain the value they add: FMA

Auditors need to come out of the shadows and explain the value they add: FMA
Paul McBeth
By Paul McBeth May 21 (BusinessDesk) - Financial Markets Authority chief executive Rob Everett wants the audit profession to explain how it adds value to investors, who are largely sceptical of their benefit.  The market watchdog commissioned Buzz Channel to survey retail and institutional investors, directors and audit and risk committee members, executives and auditors to gauge how the audit profession is viewed. The findings showed a lack of faith and trust in the profession and questioned the quality of audits in New Zealand, with inv...

More Finance

Banks revise economic outlooks for Q2 GDP contraction
Finance

Banks revise economic outlooks for Q2 GDP contraction

Economists now see NZ's GDP contracting in Q2, but doubt a technical recession in Q3.

Real estate industry wants AML levy exemption
Finance

Real estate industry wants AML levy exemption

The real estate industry is warning an AML levy will drive up costs in the sector.

Craigs' sweet spot for golden visa investors
Finance

Craigs' sweet spot for golden visa investors

Billionaires can go solo. For other wealthy investors, there's Craigs' new fund.

Net assets down, losses widen in Macquarie Group NZ's FY
Finance

Net assets down, losses widen in Macquarie Group NZ's FY

Financial group books wider full-year loss as net assets slip.

Staff reporters 12 Sep 2025