Our latest insights

The August 2021 figures have confirmed that we are in the midst of an unexpected real estate boom, with national house prices up 18.4% year on year according to CoreLogic’s results – the fastest annual price growth since 1989. In the eighteen months since COVID-19 first presented in Australia, it’s fair to say that the initial chorus of gloomy predictions for real estate and construction didn’t come to pass, and thankfully have proven to be well off the mark.

Yesterday, the Western Australian Premier and Treasurer, The Hon. Mark McGowan, delivered his fifth state budget – first as Treasurer – spending big on infrastructure, health, education, and police.

Changes to aged care financial report for 30 June 2021, including new legislated reporting requirements

Earlier this week, it was announced that businesses can now register their details to receive updates about procurement opportunities for the Brisbane Olympics & Paralympics in 2032.

With the latest lockdown in Victoria entering its second month, there is some more support news for small and medium-sized businesses hardest hit by the current public health measures.

APRA has now begun issuing notices to regulated financial institutions advising them to start preparing for CPS 234 tripartite reviews.

In our podcast, Tax Partners Vince Tropiano and Brett Curtis discuss what the global minimum corporate tax rate agreement means for Australian businesses, how businesses can prepare themselves, and what to consider if you’re setting up operations offshore.

Both the ATO and the State Revenue Offices have a number of focus areas putting employment taxes squarely on the agenda again.

In response to an increase of importers submitting transfer pricing Voluntary Disclosure requests without first applying to the Australian Border Force (ABF) Valuations team for variation amendments, the ABF has reconfirmed their processes.

If you are in a qualified profession or trade, it is important that you are aware of the ATO’s recent self-managed super fund around non-arm’s-length expenses.

In consultation with patent attorneys from Griffith Hack, we have applied our expertise across patent law, R&D tax, corporate tax and industry specific knowledge to consider the challenges and opportunities for patent box here in Australia.

Digital retail is more than just online shopping. The explosion in online retail throughout the pandemic period has perhaps distracted from the fact that retail activity remains 80% bricks-and-mortar.