Our latest insights

When you’re a family business, the lines between business and family can become blurred. For some family businesses in operation for multiple generations, this is even more apparent as the family business may be all they’ve ever known.

To ensure your assets will be protected should you become unable to make financial decisions due to an accident or bad health, we recommend your Estate Plan includes an Enduring Power of Attorney.

It is not uncommon for parents to advance their children money. What the funds are used for may be a significant consideration in how the transfer may be structured from the family business entity, or group of entities, as there may be several financial, taxation and legal consequences.

Businesses rely heavily on the expertise and guidance of accountants in their start-up and early development phases. But some businesses could be costing themselves money – and stifling their potential – by staying with their current accountant. How do you know if you’ve outgrown your accountant? How do you know when there’s a mismatch between your needs and their capabilities? We’ve identified four telltale signs.

With the Australia-India Economic Cooperation and Trade Agreement passing through Federal Parliament of Australia last week, now's the ideal time to assess your India strategy. What are the key opportunities your Agribusiness, Food & Beverage business can explore as part of your India strategy? Find out more about areas of opportunity you can leverage.

New legal precedent (Federal and State case law), data matching initiatives and a trend towards a hybrid working arrangement influenced by the gig economy, have led to an increase in ATO and State Revenue Office scrutiny around the engagement with contractors by employers.

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.

The ATO has released a draft Margin Scheme Valuation Requirements Determination for comment. While it’s substantially similar to the current determination, its differences may cause issues for property developers.

Outrages around quality care shortfalls, COVID-19 outbreaks in residential aged care facilities, coupled with the recent Royal Commission into Aged Care Quality and Safety, have unfortunately painted a bad picture of the Australian aged care sector. This has affected the number of workers in the field and resulted in poor uptake of nursing degrees. That’s why many providers are relying on the approaching Federal Budget for investment to drive better outcomes in aged care by supporting its predominant capital – the workforce.

Considering Australia’s significant fintech and financial sector experience, it’s no surprise Victoria’s recent Intersekt Festival focused on leveraging Australia’s fintech market to its full potential.

The deadline for existing Directors to apply for a Director Identification Numbers (DIN) is fast approaching. Existing Directors have until 30 November 2022 to obtain a Director ID. New Directors will need to apply for a DIN prior to being appointed as a Director.