Our latest insights

The 2021-2022 Federal Budget provided additional funding for the Health & Aged sector, however there are longer term issues that are yet to be fully resolved. So what’s on offer, and what do we need going forward to ensure quality and safe care for all Australians.

The resources sector is an Australian workhorse. Past booms have propelled the country forward into prosperity. It’s provided a buffer during downturns. It has cushioned the COVID blow on our national accounts. And it has a vital role to play in Australia’s economic future as part of the evolving demand for global resources. What’s in the Federal Budget 2021-22 for the sector?

In a measure designed to help first time home buyers to save a deposit more quickly, the Government will increase the maximum releasable amount of voluntary concessional (deductible) and non-concessional (after-tax) contributions under the existing First Home Super Saver Scheme (FHSSS) from $30,000 to $50,000.

The Government today announced significant changes to Australian Tax residency rules aimed at providing certainty and simplification for businesses and their employees as Australian borders begin to start re-opening to the world.

The proposed changes to both the tax treatment and regulatory framework of employee share schemes (‘ESS’) in Australia should be welcomed by employers and employees with tax–deferred ESS Plans.

Three weeks out from the Federal Budget and we finally have some noteworthy spoilers on what’s to come on 11 May thanks to a speech delivered by Prime Minister Scott Morrison to the Business Council of Australia.

There is no doubt about it – Australia’s energy future will be one of increasing renewable capabilities.

The first bank in Australia, Bank of New South Wales, was established more than 200 years ago in 1817.

Once upon a time, certainly in living memory, Australia had a thriving and diverse manufacturing sector.

The Life Sciences sector has never been more important or more in the public eye.

Modern Australia has a vibrant knowledge economy. Highly skilled lawyers, accountants, engineers, architects, consultants and business managers contribute not only to our own economy but to the global one as well.

Has the digital economy been left to sort itself out? Yes. It’s unquestionably a sector the Government understands the value of, but didn’t know how to treat.