Our latest insights

On 10 November, APRA released their insights from their latest risk culture survey in an Insight, “No room for complacency on bank risk culture”. This survey was rolled out to 18 ADIs in late 2021. APRA’s analysis included matters for ADIs to consider, however in our experience these could equally be applied to insurers and Registerable Superannuation Entity Licences (RSELs).

With the Antarctic Treaty expiring in just over 20 years and current global conflict, a question mark remains over the future of this remarkable place. In this episode, we explore projects led by the Foundation, the independent research currently being conducted, and how businesses can do more to ensure the future growth and protection of Antarctica.

With disruption caused by ongoing pandemic considerations, a new COVID-19 wave on the horizon, enduring supply chain issues and inflation front of mind, retailers have faced uncertainty on all fronts. Yet with people looking forward to a sense of normality this festive season, retailers have been bracing for Black Friday weekend like never before.

Historically, off-market share buy-backs and share reductions were an effective way for listed public companies to undertake capital management whilst returning franking credits to individual and superannuation fund shareholders in particular.

There were changes made to both Superannuation Guarantee (SG) contributions and Single Touch Payroll Phase 2 (STP2) reporting from 1 July 2022. Here’s what you need to know to avoid common errors.

With soaring building costs and interest rates on the rise, builders and property developers are seeing their margins eroded and losses accumulating from development projects.

ATO's draft GST Determination for Margin Scheme Valuations may soon require property developers to obtain new or ‘confirmed’ valuation reports to support the application of the margin scheme for sales of real property that occur outside of the three-month transitional period. Read more about the impact on businesses and the property market.

An agile, efficient and forward-looking finance function is central to business growth and success. It therefore needs to evolve faster than the business itself. This requires ongoing investment in new technologies, processes and skillsets in the finance function to ensure it’s well positioned to spearhead business efficiency and value creation

One of the most common ways of managing operational risk is through a system of effective internal controls. Control failures however can lead to events as varied as mis-selling, data breaches and underpayments – as such in APRA's Prudential Standard CPS 230 they have strengthened the focus on operational risk management. In this second series of our CPS 230 technical guides we provide an overview of some necessary elements to achieve strong operational risk management and why it is the foundation of operational resilience.

Resetting Australia’s Future

Recently, the ATO has enforced the use of Single Touch Payroll (STP) and Superstream as their electronical tools to collect both tax and superannuation data from businesses and superannuation funds.

The 2022-23 Federal Budget committed over $20b towards renewable energy projects and initiatives in its push to cut carbon emissions by 43 per cent by 2030. Is it enough to aid the energy supply and demand challenge forecasted by the Australian Energy Market Operator (AEMO) in its recent 2022 Electricity Statement of Opportunities Report?