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.
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.
Businesses considering Copilot for potential productivity gains should factor that cost is a significant challenge.
Consumer sentiment remains in the doldrums, yet the latest feedback from the mid-market business community is that they remain broadly optimistic for the future. Newly updated ANZ-Roy Morgan consumer sentiment data shows 53% of respondents say their family is worse off now than they were 12 months ago, while just 8% are anticipating ‘good times’ […]
The August profit reporting season was fruitful for Coles Group, which recorded a surge in revenue to post an annual profit to $1.1 billion, a 4.8% rise from the previous year. But the supermarket and retail giant also made another statement in August that was much less reported – its Scope 3 emissions supplier engagement target. It was a significant move by Coles, who stated they intend to set sustainability targets with at least 75 per cent of its suppliers over the next four years.
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