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Restaurant take aways might be a recipe for retail’s success

Key points:  Retailers can take inspiration from hospitality’s efforts to band together  Collaboration can improve operational efficiency, productivity and brand loyalty  Start small and set the ground rules early to ensure an effective partnership  Sectors such as hospitality are scaling collaboration efforts as they face increasingly challenging trading conditions – should retailers take a leaf […]

Emerging industries: Maximising opportunities for your business

Key points: The Australian health and wellness industry is booming, with a 7.1% growth expected over the next eight years. Middle market businesses can tap into this growth by updating strategies, investing in R&D, going digital, forming partnerships, and embracing sustainability. Success hinges on agility, proactive leadership, and a knack for innovation and collaboration. The […]

Long-awaited Payday Super policy details released

Initially announced in the 2023-24 Federal Budget, Treasury has released draft policy design details on the Payday Super regime following consultation. Recently, Treasury released draft details in relation to the implementation of the Payday Super regime. The proposed measures effectively seek to ensure that Superannuation Guarantee (“SG”) contributions are remitted at the same time as […]

Compliance Committee Forum 2024

Pitcher Partners and Hall & Wilcox, together with the Melbourne Compliance Group, are delighted to bring to you the Independent compliance committee member forum webinar. Our panel of leading industry experts, led by Harry New of Hall & Wilcox provided updates on the recent developments and challenges facing financial services. Topics included: What fund managers need […]

Protecting your data – cyber security tips for NFPs

Key points: Understanding and adapting to current trends in cyber security is crucial for protecting sensitive donor data and mitigating reputational risk The importance of data privacy and compliance is growing with the reforms to the Australian Privacy Act 1988. Cyber security should be integrated into the overall governance framework of your organisation. As Not-For-Profit […]

Dealership fraud is on the rise

Occupational fraud, theft committed by employees, is not a new risk to dealerships, and the recent surge in dealership fraud could have been prevented with better internal controls and the power of technology. Examples are: A general manager using dealership funds to buy trade-ins personally Service managers manipulating repair orders to fudge financial results and […]

Hurricane Helene’s unexpected impact on Australian investments

When a hurricane heads towards Florida, it isn’t automatically expected to make waves in Australian investments, but that’s one of the implications of Helene, which ripped through southern US states over the weekend, devastating a large swathe of North Carolina, writes Jordan Kennedy from Pitcher Partners Sydney Wealth Management. Smack in the path of the […]

The AI gulf is widening but there’s time for smaller firms to bridge the gap

When Generative AI burst on the scene with the release of ChatGPT in November 2022, the barriers to adoption for law firms seemed to outweigh the benefits.   There were questions around data leakage, some high-profile examples of ‘hallucination’ (the fictitious creation of legal precedents), and concerns that adopting AI could introduce errors into legal documents.   […]

Why an internal audit can set your business up for success

When a business gets busy, the risk of fraud and financial error rises. You might have an employee who has forgotten to remove the corporate credit card from their online account. You might have the finance team paying invoices for services that haven’t actually been supplied. Or you might have something more sinister: a senior […]

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