Pitcher Partners Radar report has shown that business leaders may overestimate their organisation’s preparedness for a cyber-attack or data breach, potentially leading to underestimation of the risks they face. While cybersecurity is a top priority for most mid-market companies, there is some ambiguity regarding who is responsible for cybersecurity.
The Government will implement new thin capitalisation rules that will operate from 1 July 2023. The proposed new rules will apply to deny interest deductions for taxpayers with foreign shareholders, or foreign operations, or that are part of multinational groups.
The sugar hit of accumulating data may be proving so addictive to business that they are putting aside the creeping liability that comes with high volumes of storage. New data from Pitcher Partners’ Business Radar report highlights the conflict facing mid-market businesses as they examine their risk profile against data breaches and cyber-attacks. On one […]
Australia’s Privacy Act is under review, possibly modelled off the EU’s General Data Protection Regulation (GDPR). Updates to the Act may require Australian businesses to have Data Protection Officers (DPO). Businesses may need to upskill internally or look externally for the right skillset
Treasury has released exposure draft legislation to overhaul the thin capitalisation rules for non-financial entities. The proposal will replace the current asset-based 60% safe harbour test with a fixed ratio earnings limit (which will limit net debt deductions to 30% of EBITDA).
In December 2022, Treasury released a consultation paper seeking initial views on the Government’s commitment of the disclosure of climate-related financial risks and opportunities in Australia.
Pitcher Partners’ recent Business Radar, a survey of 400 mid-market business leaders and owners, found 68% of mid-market decision makers wished they could spend more time planning and thinking about ‘big-picture’ decisions – sound familiar? The report also identifies a range of barriers business leaders struggle with that prohibit them from spending time on planning.
As we approach a well-deserved holiday break, purpose driven organisations will be looking forward to the new year with many wondering ’What does the coming year hold?’ While we may not hold a crystal ball, there are some common considerations that appear to be holding centre stage for not-for-profit organisations as they look to 2023.
Pitcher Partners Business Radar 2022 report asked mid-market businesses how they were thinking about, implementing or reporting ESG (environmental, social and governance) initiatives.
Pitcher Partners recently released Business Radar 2022 report deep dived into the perceived benefits and challenges of ‘flexible work’.
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