Our latest insights

While consumer spending was strong during Black Friday weekend, consumers are seeking value for money as household discretionary spending becomes tighter. As a result, they’re making more considered purchase decisions for bargains to save in the long run. Read more about how consumer behaviour has changed, and how this will impact the Retail sector in 2023.

Sibling rivalry is the type of dispute that can be destructive when it comes to making decisions in your family business, so it is important to have strategies in place to mitigate conflict.

Family relationships are some of the most crucial in your life, and therefore, they are inherently clouded by emotions. But, when a business relationship is also thrown into the mix, what is the best way to navigate these emotions?

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.

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

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?

Board members generally have deep expertise in particular aspects of business management or the industry in which the family business operates. The Board is particularly focused on the business’s strategy, operations, and leadership advisory.

A good governance structure will help you embed your values, goals and visions into you Family Office.

Succession planning is a key issue that all will eventually have to face. While some businesses would have considered a family business successor, what is often overlooked are internal risks.

Australia has relied heavily on businesses and consumers to lead the way on emissions reduction to tackle climate change. Several Australian states have had to develop their own policies and roadmaps to progress the clean energy transition and enable private sector investment outside the national framework. This presents risks and challenges if not managed carefully.

If Family Business owners wish for their business to pass on from generation to generation and keep their business within the family, preparation and training should start at birth. This requires a dedication and devotion of education, time and care, and it is important to be proactive with planning.