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On 12 February 2025, the Australian Government released its Strategic Examination of Research & Development (R&D) discussion paper. Public consultations on the discussion paper are officially open, with written submissions due by 11 April 2025.

In the bustling world of family businesses, leadership in the business will be transitioned as one generation becomes older. So, how do we ensure that the rising generation is ready to take on the financial challenges that come with this responsibility? The answer lies in building financial confidence in the Rising Generation.

The following Australian Standards on Sustainability Assurance (ASSA) and the Relevant Ethical Requirements were approved by the Auditing and Assurance Standards Board (AUASB) on 28 January 2025.

As family businesses evolve, financial transparency has become a vital element for fostering growth and trust. As the baton passes to the Rising Generation, a new wave of openness and accountability is reshaping the way family business discuss money.

Social media offers strong appeal for the masses to learn finance due to the ability to quickly disseminate information in a digestible way. While this may not be how previous generations learned financial acumen, it is undeniable that social media platforms are opening new ways of understanding how to build wealth.

In the evolving landscape of family businesses, the Rising Generation is stepping up with a fresh perspective and innovative strategies. One of the most significant shifts we are witnessing is the strategic use of financial data to drive business growth.

Building a strong personal brand is essential for professional services advisors to gain trust and loyalty from clients. Define your unique value proposition, enhance visibility through LinkedIn and thought leadership, and grow your network through industry events. Consistently investing in your personal brand creates opportunities and strengthens professional relationships.

A strong festive season, driven by Black Friday and year-end sales, has set a positive tone for retail in 2025. However, shifting consumer behaviours, economic uncertainty, and global trade dynamics present challenges that retailers must navigate. Success in 2025 will require agility, innovation, and a strong focus on consumer engagement and strategic pricing.

Australian charities are feeling the pinch of rising costs and increased demand as over 3.3m people live in poverty. From streamlining operations to diversifying funding streams and using technology like AI, leaders are finding ways to meet rising demand and stay resilient in today’s cost-of-living crisis.

Australian retailers faced a challenging 2024, with rising costs and reduced consumer spending power. As 2025 shapes up to be another tough year, an end-to-end approach to profitability is key. From optimising supply chains to rethinking product strategies, breaking down silos allows retailers to make holistic decisions that support tangible results. Discover how integrated profitability reviews can help you drive resilience.

The valuation of a minority interest is an-all-too-common valuation conundrum faced by lawyers and advisors alike.

The Auditing and Assurance Standards Board (AUASB) board meeting on 16 December 2024 confirmed the final phasing for mandatory assurance of information in sustainability reports. A final draft standard incorporating these changes will be presented to the AUASB for approval in late January 2025.