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As of April 9, 2025, a minimum universal tariff of 10 per cent has been applied to all imported goods into the United States, while certain countries face higher reciprocal tariffs based on their US trade deficit.

In the dynamic landscape of family business and current economic environment, it’s critical to prepare the next generation to ensure they’re comfortable to take over operations.

Last chance to register your 30 June 2024 R&D activities

The ATO estimates Australia has 800,000 trusts controlling over $3t in assets and with $3.5t in wealth about to transition from the incumbent generation over the next 20 years, there needs to be consideration for the impending vesting date of Australian family trusts.

The purpose of this Alert is to draw attention to Regulatory Guide RG 280 Sustainability reporting (RG 280 or regulatory guide), published by the Australian Securities and Investment Commission (ASIC) on 31 March 2025.

Skills gaps in customs and trade threaten the bottom line and restrict future growth. While recruitment strategies are the key to solving this challenge in the long term, customs and trade managers can ensure operational tasks and strategic projects stay on track by bringing in a trusted, external partner to act as an extension of their team.

Family businesses are the backbone of the Australian economy, providing stability and employment. However, as these businesses grow and evolve, so do the complexities of their financial landscapes. For the Rising Generation preparing to take the reins, understanding and managing these complexities is crucial.

Last week, the Australian Securities and Investments Commission (ASIC) released a report highlighting issues with the superannuation industry's handling of death benefit claims and the impact these have on grieving Australians.

Organisations are bringing cost diligence back into the customs and trade planning equation in response to improving supply chain conditions. But finding cost efficiencies should not lead to higher risk, lower quality, slower delivery times, or detract from customer satisfaction. Instead, the focus should be on strategies that are a win for both the customer and your organisation’s bottom line.

While APRA has acknowledged the achievements of member-owned and not-for-profit funds to-date, it also noted Boards must do more to ensure long-term sustainability of their organisations.

In this episode, Partner and Head of Digital Assurance Liam Te-Wierik explores how technology is assisting auditors, the guardrails to be considered when using these tools and his thoughts on future trends for the auditing profession.

Post-acquisition disputes can significantly impact the success of a transaction and the ongoing success of the businesses involved. Read about practical insights into common post-acquisition dispute issues and how to address them proactively, particularly through the financial due diligence and deal advisory process.