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Australian retail automotive industry: Supply chain issues

Semiconductors Car manufacturers have suffered from a shortage of semiconductors since 2018 due to trade wars and then raw material shortages that were exacerbated by three separate factory fires, the Pandemic and other natural disasters. The auto manufacturers made the situation worse when facing dramatic declines in sales at the onset of the pandemic they […]

Compliance Committee Forum 2022

Pitcher Partners and McMahon Clarke together with the Melbourne and Sydney Compliance Groups held a Compliance Committee Forum Webinar, covering some of the latest issues for financial services.

Windfall Gains Tax – impact for landowners, purchasers and developers

The Windfall Gains Tax is Victoria’s newest property tax, which will apply to certain rezonings of land from 1 July 2023 onwards.
Since being announced last year, it has attracted significant attention and controversy due to the impact on property development transactions and the market more generally, as well as the challenges it is already creating for landowners, purchasers and developers.

New draft ruling TR 2022/D2 – Individual Tax Residency Rules

When the ATO released the Draft Ruling last week, the existing residency rulings IT 2650 and TR 98/17, were withdrawn.
It would appear the ATO has released the Draft Ruling to modernise the previous rulings (which were both released in the 1990s) and to incorporate key findings from recent residency cases, in particular Addy, Pike and Harding.

Business Radar 2022: How confident are mid-market businesses feeling?

The third edition of Pitcher Partners Business Radar gathered critical insights that highlight the key challenges, opportunities and trends facing Australia’s mid-market businesses and what they’re doing to grow and thrive. Interestingly, despite general operational upheaval, many businesses are feeling optimistic as we move forward from the COVID fog.

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