It’s understandable that firms may feel tempted to take on client work that is outside their core offerings but that can be a false economy for many. Utilisation has continued to fall in the past year, even as demand has recovered, and that can be enough for firm principals to try and recover the sunk […]
As legislation makes its way through Federal Parliament, the middle market should know this “isn’t the end, it’s the beginning”. At the recent Deakin Law School International Sustainability Reporting Forum, ASIC Chair Joe Longo made it clear that ASIC believes the implementation of mandatory climate disclosures “isn’t the end – it’s the beginning”. It is […]
I have a background as a litigation lawyer. I can honestly say that the bulk of the legal profession were courteous and supportive compared to the inherent conflict I have experienced at almost every level of the property, development and construction industry. This is even more incongruous when I factor the symbiotic nature of the […]
Expanding to new markets offers many opportunities, including helping to grow revenue streams, increase staffing opportunities and facilitate strategic acquisitions. Professional services as a whole are in an exciting period of growth on an international scale, with several notable partnerships and expansion. For example, UK top-60 law firm Taylor Rose MW chose to partner with […]
On Thursday 27 March 2024 landmark climate reporting legislation was introduced into the House of Representatives in Schedule 4 to the Treasury Laws Amendment (Financial Market Infrastructure and Other Measures) Bill 2024 (Cth). The requirements in the Bill are essentially the same as that reported in our recent article on the draft legislation, except for […]
Has your business been focussing on sales and profitability at the expense of cashflow? It is something we’ve seen businesses doing over the past couple of years. Without positive cashflow your business can go broke. In a previous Pitcher Partner’s Newcastle insight article, Sam Bacigalupo provided tips on preparing a cash flow budget as part of […]
Lateral hires support succession and a CFO is often uniquely placed to step up as CEO Making the jump can minimise business disruption, retain business knowledge and leverage relationships Team trust, an ability to influence and broad business knowledge can ready a CFO for the top job In a dynamic talent market it’s more important […]
As the likelihood of redundancies rises, businesses should consider how to mitigate the impact internally and externally.
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.
In June 2023, legislation containing new thin capitalisation rules from 1 July 2023 was introduced into Parliament.
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