Australian automotive industry: CY23 VFACTS analysis
Without any doubt, 2023 was a fantastic year for the Australian automotive industry with dealerships holding steady sales despite economic pressures.
Redundancy – how businesses can soften the blow
As the likelihood of redundancies rises, businesses should consider how to mitigate the impact internally and externally.
Climate reporting – draft legislation issued for mandatory reporting
On January 12 2024, the Treasury released its draft legislation Climate-related financial disclosure. This is a significant (and costly) reform to implement the Government’s commitment to provide Australians and investor with greater transparency.
Our Advocacy work: Amendments to thin capitalisation legislation
In June 2023, legislation containing new thin capitalisation rules from 1 July 2023 was introduced into Parliament.
Future-proof your retail business: key strategies for 2024
Retailers can thrive in 2024 by looking after their people, creating a smooth physical and digital experience and rethinking what drives loyalty.
New thin capitalisation rules finalised
After first being released as exposure draft legislation in March 2023, the new thin capitalisation interest limitation rules have undergone several round of updates but are still not law.
ATO stands by its views on UPEs and Division 7A following AAT loss
The ATO has issued an interim decision impact statement following the AAT’s decision in Bendel v FCT, currently on appeal to the Federal Court.
Path to partnership – Adam Irwin
Adam’s journey to becoming the Managing Partner of Pitcher Partners Sydney is far from the conventional path.
The Copilot crossroads: what businesses need to know
Businesses considering Copilot for potential productivity gains should factor that cost is a significant challenge.
Update on the proposed $3m super balance tax
The new tax is still subject to legislative passage with a stated commencement of 1 July 2025. It will mean a tax of 15% to the proportion of ‘earnings’ above $3m at the end of a financial year. For individuals with large super balances it’s wise to start considering management strategies