While the retail industry has faced significant challenges due to COVID-19, it also showed significant resilience and adaptability throughout the pandemic. From changes in demand to major supply chain issues and labour market uncertainties, the last three years have tested the innovation and adaptability of businesses. Through a comprehensive retail benchmarking analysis of the past three years, we gained valuable insights into the industry's evolution from 2021 to 2023.
Employee fraud can be perpetrated through the misappropriation of assets and/or financial statement misstatement.
The Health and Aged Care industry faces continued uncertainty, but following the Federal Budget announcements on 14 May, improvements are expected.
The results of the 2023 Family Business survey report identified top concerns for Australian family businesses in the current environment.
With the Australian economy the weakest it has been in 23 years, Labor has handed down its third Federal Budget delivering its second consecutive surplus, and setting the Government’s agenda as we head into an election cycle.
The Australian Government has allocated $167.8m in the Federal Budget to support the implementation of the wide-ranging reforms to the anti-money laundering and counter-terrorism financing (AML/CTF) regime.
This year’s Federal Budget announced a raft of tax changes including Stage 3 tax cuts, extending the instant asset write-off, tax incentives as part of the Future Made in Australia package and changes to the foreign resident capital gains tax regime, among others.
Ten years after the implementation of the Living Longer. Living Better Reforms, the aged care sector braces for more change. With the Federal Budget on the horizon, it will be interesting to see what considerations are given to a sector that faces continued uncertainty.
Currently, businesses who meet reporting thresholds will need to report on material climate-related risks and opportunities, including metrics and targets related to Scopes 1, 2, and 3 emissions from 1 July 2025.
The recently announced ‘Future Made in Australia Act’ underscores the Government’s commitment to the manufacturing re-shoring objective, demonstrating a willingness to adopt an interventionist approach to safeguard and build our sovereign capabilities, ensure our competitiveness with neighbouring countries, and allies and guard against growing geo-political tensions.
In the dynamic world of business, Chief Financial Officers (CFOs) play a pivotal role in steering organisations towards financial success. Their responsibilities extend far beyond traditional financial management, encompassing strategic decision-making, risk assessment, and now more than ever – technological adaptation. As we delve into 2024, the challenges and opportunities facing CFOs have evolved, encouraging them to embrace a new era of financial leadership.
Learn why shareholder agreements are essential for governance, continuity, and protection. Explore key issues and benefits for business owners and partners.