Tonight’s federal budget delivers enough for businesses to keep them sailing along as the economy becomes more buoyant, but it lacks great vision for the direction of the country, instead locking in previous budget measures as business as usual. National Chairman of the Pitcher Partners National Association John Brazzale said tonight’s Budget has been built […]
Attracting and retaining the quality of staff necessary to lift care standards in aged care is among the most complex and costly challenge for providers. The fluidity of workers in the sector was reaffirmed at a recent Senate committee public hearing. The committee heard that many aged care providers operate a model with many part-time […]
The article originally appeared in The Financial Standard on 12 April 2021. In March I took my first business flights for 13 months, though there was a back-up video-conference plan. And at the end of March, I was booked to take a vacation trip to Byron Bay. At the last minute, Byron became a COVID […]
This article originally appeared in The Australian 10 April 2021. With the financial year-end fast approaching, there is still time to take advantage of the various superannuation contribution strategies and concessions that are available. This paper comprises a brief summary of these strategies and concessions. 1. Personal tax-deductible contributions Concessional contributions cap is $25,000 for […]
The Australian Taxation Office (ATO) team visited our Melbourne firm to meet with Stuart Dall, Partner and film a snippet for ATO TV on their Commercial Deals program. Where appropriate, the program allows Pitcher Partners to better support our clients undertaking commercial deals or business restructures, by having real time engagement with the ATO. “…the […]
This article originally published in Inside Ageing on 11 March 2021. Public confidence in the aged care sector has been damaged by the Royal Commission into Aged Care Quality and Safety, as horrific stories emerged about the neglect that residents suffered in residential aged care. Tarred with the same brush, aged care providers must consider […]
This article originally published in Inside Small Business on 10 March 2021. The Australian Industry Group estimates the snap five-day lockdown cost Victoria’s economy more than $2.3 billion in lost or postponed household spending. Coming as it did across Valentine’s Day and Chinese New Year, horror stories were plentiful. Florists called for compensation from the […]
This article originally published in Smart Company on 9 February 2021. There’s nothing like a crisis to focus the mind. Back in the wake of the global financial crisis, businesses looking to sell quickly realised they had to meet the market. Deal multiples — the ratio of enterprise value divided by EBITDA — fell sharply, […]
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