Our latest insights

Aligning automation with business strategy is crucial for creating future-ready supply chains. Emphasising flexibility, scalability, and simplicity in automation solutions enhances efficiency and adaptability while meeting evolving customer demands.

Australia's financial landscape is evolving with the phase-out of cheques and BECS payment systems. This mean your business will need to navigate changes to payment processes and manage evolving compliance requirements, as we transition to real-time, instant payments in Australia.

Discover APRA's proposed new guidelines on Interest Rate Risk in Banking Book (IRRBB) through APS 117, impacting non-significant financial institutions (non-SFI). Learn about key requirements, including risk management framework integration, technology capacity assessment, and data quality evaluation, ensuring compliance and effective risk management.

Read more for insights from the latest APRA statistics and ICAAP reviews highlighting the Australian banking sector's strengthened capital management. Learn key considerations for ADIs to balance risk and growth effectively, including data quality, operational risk focus, and leveraging automation.

In a complex operating environment, the Australian Prudential Regulation Authority (APRA) is encouraging regulated entities to prioritise quality data as a valuable asset. APRA's growing emphasis on data risk management, evident in regulatory guidance such as CPG 235, CPS 234, and CPS 230, underscores the vital role of quality data for entities under its regulation. Despite progress revealed in APRA's 100 Critical Risk Data Elements Pilot study, a significant gap persists between current and optimal data risk management practices, with potential consequences including reputational damage and financial loss.

Authorised deposit-taking institutions (ADIs) and the broader banking sector have recently faced significant headwinds, as the sector navigates unprecedented change. How can you best navigate current challenges and leverage opportunities to find efficiencies as you step into the new financial year? Here, we outline eight key considerations you should address to ensure your business is set up for FY24.

Customer expectations are quickly evolving. Unless your business can create a unique value proposition and strong connections with its customers, your relationship with your most important stakeholders is at risk. With demands for personalisation at its core, retailers are no longer encouraged but expected to build a connected consumer experience to support the customer journey and drive loyalty. How can retailers manage this demand for accessibility of products, information, and customer services via their platform of choice, as well as drive brand loyalty in a highly competitive marketplace?

After attending the NRF 2023 conference: Retail’s ‘Big Show’ in New York, our key takeaway was that Retailers are not only encouraged but expected to connect with their customers through the pillars of communities, capital and climate. Watch our seminar video, as we discuss how organisations are optimising client experiences, supporting their human capital and leveraging technology and data to drive efficiencies.

An agile, efficient and forward-looking finance function is central to business growth and success. It therefore needs to evolve faster than the business itself. This requires ongoing investment in new technologies, processes and skillsets in the finance function to ensure it’s well positioned to spearhead business efficiency and value creation

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

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.

It was clear from the Diggers and Dealers Mining Forum last week that post-COVID recovery, and driving more sustainable practices and supply chains, including producing carbon reduced or neutral energy, were front of mind.