Professor Elizabeth Sheedy said risk management was not compulsory at most MBA schools despite the Hayne royal commission showing how problematic governance had become.
ANZ’s move on bonuses may well start to shake up the self-interested culture, says Macquarie Business School Professor Elizabeth Sheedy in the Australian Financial Review.
Australia might only have a decade left to wean itself off coal if the latest international efforts to decarbonise are anything to go by. See the opinion piece in the Sydney Morning Herald by Macquarie University’s Professor Martina Linnenluecke.
The rebate has been bad policy from the start. It has cost Australian taxpayers billions of dollars each year with little benefit except to private health insurers and some with private health insurance. See Macquarie University Centre for the Health Economy Dr Henry Cutler’s opinion piece in The Australian.
Macquarie University Centre for the Health Economy’s Dr Henry Cutler says in the Australian Financial Review there is no empirical research had verified whether increased private insurance membership led to shorter public hospital waiting times.
In the complex world of assessing corporate culture, there is – as yet – no hard evidence that subjective assessment can outperform properly conducted surveys, says Macquarie University Professor Elizabeth Sheedy in the Australian Financial Review.
Macquarie University Professor Elizabeth Sheedy said creating a culture that values risk management is a huge task for financial institutions and business all over the world. “Women should be hired and promoted because they are part of the community rather than needing to claim super powers based on gender,” she says in the Australian Financial Review.
Dr Henry Cutler from Macquarie University Centre for the Health Economy says people are skimping on health care because of the cost, and that lack of preventative care ultimately leads to increased health expenditure. See his comments on ABC TV News.
Dr Henry Cutler from the Macquarie University Centre for the Health Economy analyses the healthcare policies of political parties for ABC 730 in the lead up to the Federal Budget.
The Macquarie University Centre for the Health Economy Budget 2019 report said the Budget this year missed some opportunities for much-needed reforms, particularly around the treatment of obesity, which costs the economy $9 billion a year. See Dr Henry Cutler’s comments in the Australian Financial Review.
Professor Elizabeth Sheedy from Macquarie University tells the Sydney Morning Herald: the material on remuneration “was probably one of the weakest sections of the [Hayne Royal Commission into Banking and Finance] report”.
Superfunds can’t justify generating shareholder returns if it’s at the expense of customers. That’s just immoral, says Macquarie University Professor Elizabeth Sheedy in the Australian Financial Review.
Macquarie University Professor Elizabeth Sheedy talks to the Australian Financial Review‘s Chanticleer columnist and says she is disappointed in what is a “particularly underwhelming set of recommendations”.
Macquarie University Professor Martina Linnenluecke talks to ABC TV‘s finance correspondent Phillip Lasker and says many investors mistakenly think their cryptocurrency profits are tax-free.
Balanced scorecards are the wrong way to decide an employee’s bonus, says Macquarie University Professor Elizabeth Sheedy in Acuity Magazine.
Professor Martina Linnenluecke tells Investor Daily that a move to clean energy requires a substantial up-front investment paid out over a number of years. Macquarie University research shows for a 66 per cent clean energy penetration by 2050, there is a US$170 billion upfront investment at the beginning of the discovery stage and a further US$1.327 trillion investment at the beginning of the seven-year commercialization stage.
Research by Macquarie University crunches the numbers to reveal how market forces are accelerating cleantech. See letter to the editor in AFR opinion pages by Professor Martina Linnenluecke.
Big stick approach to Australian energy policy hasn’t scared AGL’s Brett Redman as the Liddell coal powerplant planned closure goes ahead. See AFR letter by Macquarie University Professor of Environmental Finance Martina Linnenluecke.
The Lehman 10-year anniversary. Macquarie University bank risk expert and Associate Professor Elizabeth Sheedy joins a panel including former Labor Treasurer Wayne Swan and The Economist‘s Tom Eaton with Fran Kelly on ABC RN Breakfast
When is discrimination bad behaviour, and not unconscious bias? See article in The Conversation from Lucy Taksa, Macquarie University Professor of Management and Associate Dean of Research.
When is discrimination bad behaviour, and not unconscious bias? Has unconcious bias training gone a step too far? Macquarie University Professor Lucy Taksa says unconcious bias is a ‘get out of jail free card’ allowing people to deny they engage in illegal behaviour. See article in The Conversation.
Home loan customers need to shop around, amid speculation the big banks will copy Westpac in hiking rates, said Macquarie University associate professor Elizabeth Sheedy in the Australian Financial Review.
RBA ‘shadow’ board and Macquarie University Professor Jeffery Sheen says global trade war and effect on Australian trading partners has eased his recommendations for future domestic monetary policy, in the Australian Financial Review today.
It’s time for political and corporate leaders to catch up with the rest of the world and give renewables a fair go. See letter to the editor by Macquarie University Professor of Environmental Finance Martina Linnenluecke in the Australian Financial Review.
Macquarie University Professor Anne Ross-Smith talks to ABC Radio National Breakfast’s Hamish Macdonald and says board directors are appointed because they can do the job, not because they’re female.
See Macquarie University Professor Anne Ross-Smith’s opinion piece in Women’s Agenda on gender equity in the workplace and women on boards.
Exports and non-mining investment have contributed to Australia’s growth, says Macquarie University Professor Jeff Sheen in Australian Financial Review article by Jacob Greber on latest ABS March quarter figures.
The Fair Work Commission minimum pay increase is unlikely to have a major impact on stagnant wage growth, says Macquarie University Emeritus Professor Ray Markey in the Sydney Morning Herald.
Avoid ‘groupthink’ says Associate Professor Elizabeth Sheedy from Macquarie University’s Applied Finance Centre. Companies can make better decisions if you get people’s views before they are influenced. See article by Sally Patten in BOSS, Australian Financial Review.
Financial Services Boards need to appoint directors who consider customers says Associate Professor Elizabeth Sheedy from Macquarie University Applied Finance Centre in the Australian Financial Review today
Dr Henry Cutler, director of Macquarie University’s Centre for the Health Economy (MUCHE), warns Australians will either become sicker or be forced to pay more for medical care. See Australian Financial Review article.
The Bank Royal Commission will be uncomfortable & ugly for banks, & emotional for victims says Macquarie University’s Elizabeth Sheedy today on ABC Radio’s AM with Peter Ryan.
Macquarie University’s Associate Professor Elizabeth Sheedy talks to AFR’s James Frost re APRA’s interim report on CBA. Sheedy says many initiatives rolled out in highly regulated industries were merely “window dressing”.
Macquarie University professor Martina Linnenluecke tells ABC News’ Phillip Lasker that people mistakenly think their cryptocurrency profits are tax-free and are not aware of potential tax consequences. This story is on ABC TV The Business at 9:45pm (AEDT) on ABC News Channel and 11:00pm on ABC TV.
Good news for insurers, pension plan sponsors and governments dealing in population ageing. In his oped in Investment Magazine, Macquarie University’s Associate Professor Jackie Li says his research shows 50 to 80 per cent of longevity risk can be reduced via index-based hedging.
Macquarie University’s Martina Linnenluecke talks to Skybusiness’s Carson Scott today at 4.15pm about bitcoin and Kodak’s cryptocurrency launch this week
See comment on climate policy in The Australian from Professor Martina Linnenluecke, Environmental Finance, Faculty of Business & Economics at Macquarie University who said research from the university and co-authors at the Vanderbilt Owen Graduate School of Management in the US, shows we will not see a major crash of fossil fuel stocks, but we are seeing savvy investors now putting their money into clean technology.
Productivity Commission “Shifting the Dial” report doesn’t address how Australia’s higher education sector serves our key export in international education or show what Australia’s vision is to work with our key partner in international students, China. See opinion piece in the The Australian by Professor Philomena Leung, associate dean of international and corporate engagement at the faculty of business and economics at Macquarie University.
See article in AFR where Tony Carlton, associate professor in corporate finance at Macquarie University, says Australian businesses should be conducting value audits at least once a year to make sure they are ready for any major transaction or events.
Macquarie University Associate Professor Nick Parr talks to SMH‘s Matt Wade about the latest release of Census 2016 data.
Health economist Dr Henry Cutler from Macquarie University Centre for the Health Economy (MUCHE) talks to the Australian Financial Review’s Andrew Tillett about the government’s discounted health premiums for young adults.
Dr Henry Cutler, director of Macquarie University Centre for the Health Economy, talks to ABC Radio The World Today‘s Tom Iggulden about the Government’s private health insurance reforms and its big sell to young Australians.
Listen to Macquarie University associate professor Nick Parr on ABC Radio National’s The Money with Richard Aedy – why babies are big business.
Macquarie University’s Dr Tim Kyng talks to ABC 730 and says the legal framework around retirement villages needs to be reformed
Dr Nick Parr, Macquarie University Associate Professor of business and economics, told the Daily Telegraph that smaller families are becoming more popular due to an influx of migrants from China.
See AFR’s Adele Ferguson article quoting Dr Tim Kyng, senior lecturer of Actuarial Studies at Macquarie University’s Department of Applied Finance and Actuarial Studies.
Why retirement village contracts need to be regulated like insurance. See article by Dr Tim Kyng, senior lecturer of Actuarial Studies at Macquarie University’s Department of Applied Finance and Actuarial Studies, in The Conversation.
Listen to Dr Tim Kyng, from Macquarie University’s Applied Finance and Actuarial Studies, comment on retirement village contracts on today’s ABC AM program and ABC News.
See Paul D’Arcy, senior vice-president of global no 1 jobsite Indeed, comment in The Australian today. D’Arcy says Australia has companies crying out for senior IT talent but we are in danger of losing them to other countries because of our ‘unwelcoming’ 457 visa rule.
Simon Russell, a Macquarie University Applied Finance Centre alumnus, says in his opinion piece in Investment Magazine that the bigger driver of Budget outcomes are the forecasts that are largely beyond the government’s control.
See article on telecommuting (working anywhere) by Dr Yvette Blount, lecturer at Macquarie University’s Faculty of Business and Economics in the April edition of the Law Council of Australia’s Australasian Law Management Journal.
See Macquarie University Business & Economics’ Dr Yvette Blount opinion piece in The Australian on telecommuting (working anywhere). Unless you get the manager’s buyin, working anywhere, won’t work.
See BlueRock Partners managing partner Bruce McFarlane’s opinion piece in Fairfax Media today (The Age and Sydney Morning Herald) on new franchising laws that McFarlane says might see the industry being read its last rites.
Read Digital Crew director Ophenia Liang’s opinion piece in Mumbrella about Blackmores’ $65,000 fine by the Shanghai Administration for Industry and Commerce (AIC) for misleading marketing material.
See Digital Crew director Ophenia Liang’s oped in B&T about Chinese Premier Li Keqiang’s visit to Australia. Liang says Premier Li Keqiang’s visit is a clear message that China is a champion of free trade and wants to strengthen economic ties with Australia.
Clarity and consistency is needed from the government when it comes to retirement and retirement products, according to Pitcher Partners wealth director David Lane in the Australian Financial Review today.
See Lesley Anton quoted in Sydney Morning Herald today as part of the inaugural Financy Women’s Index, a report on women’s economic progress in Australia published exclusively by Fairfax for International Women’s Day.
See article in Finsia’s InFinance where Elizabeth Sheedy associate professor of financial risk management at the Macquarie University Applied Finance Centre (MAFC), says banks’ risk culture has attracted considerable interest since January 2015.
Ex Hall & Wilcox partner Bruce McFarlane joins BlueRock Partners – the legal team of The BlueRock Group. See article today in Lawyers Weekly.
See article in Asia-Pacific Banking and Finance where Anne Cooper, associate professor at Macquarie University Applied Finance Centre (MAFC), comments on Anna Bligh’s appointment as CEO of the Australian Bankers’ Association.
See article in RFI Media where Elizabeth Sheedy, associate professor of financial risk management at the Macquarie University Applied Finance Centre (MAFC), revisits the controversial Lehman Sisters Hypothesis in her diversity study.
David Lane quoted in the Australian Financial Review today on p17 re super reform in 2017. David says people are generally more conservative in their investment approach as far as gearing is concerned in the markets.
Wealth management specialist David Lane is quoted on page 1 in the Australian Financial Review today on the rush to beat superannuation caps ahead of the June cut-off — part of Treasurer Scott Morrison’s superannuation reforms.
Futureye managing director Katherine Teh-White says in her opinion piece today in The Australian Financial Review that the ban on greyhound racing in NSW is the perfect example of what happens when an industry challenges its own social licence obligations. Teh-White says Justice Michael McHugh’s report into the greyhound industry is a significant Australian decision for everyone – governments, regulated industries and the community – and is arguably the first time that social licence has been used as a tool to advise a government leader about the fate of an industry. In this case, NSW Premier Mike Baird’s decision to shut down greyhound racing.
Catch Dr Louise Mahler, leadership influencer, on ABC 774 breakfast show with Libbi Gorr tomorrow Wed, 29 June at 6.45am. Dr Mahler will critique the leadership skills and performance of Turnbull and Shorten in terms of their voice, gestures and rhythm. She says in the last day before the election blackout it’s not about policy – it’s a cracking performance that will get the new PM over the line.
The federal government’s 30 per cent cut to community legal centres will devastate our already underfunded legal access programs, says Robert Pelletier, director of the Macarthur Legal Centre, in his opinion piece in the Sydney Morning Herald and The Age.
Dr Louise Mahler, body language and voice expert for leaders of influence, talks to #ChrisSmith @2GB873 at 1.05pm today about last night’s #leadersdebate . To sum it up, Dr Louise says Turnbull was ‘nervous’ and Shorten ‘clumsy’.
Malcolm Turnbull and Bill Shorten’s leadership styles. Leadership influencer Dr Louise Mahler tells AFR‘s Patrick Durkin that Turnbull is an attractive man with a “great neutral pose” who “works a soft blink and exudes an easy, attractive smile” but has lost his mojo with the recent slump in the polls. Of Bill Shorten? Dr Mahler can’t get past his vocal timing of a grade 7 debater. For more go to http://bit.ly/1WSSgiz
BDO partner Mark Molesworth says taxpayers who sell their small business are in a much better position than the general population when it comes to accumulating money in superannuation because of the proposed lifetime cap, in AFR today. The AFR article says small business owners planning to use the sale of their business as part of their retirement planning can contribute more to super than the $500,000 lifetime after-tax contribution cap announced in the budget.
FairfaxMedia’s Nassim Khadem in her “Budget 2016: How the business world reacted to Scott Morrison’s budget” story quotes
BDO tax partner Mark Molesworth who said measures like further cutting taxes for small business, winding back superannuation concessions and progressively moving the corporate tax rate to 25 per cent were positive, but they didn’t do enough to address the broader structural issues facing Australia’s tax system. “This is very much a budget from a government whose first, second and third priorities are getting re-elected,” he said. For more see http://bit.ly/1Y6yCNm
All you want to know about the Federal Budget 2016 – catch BDO tax partner Mark Molesworth giving the run down on this year’s Federal Budget with SkyBiz Nadine Blayney at 9.30am EST today, Wednesday, 4 May 2016.
Catch BDO international tax expert Chris Ball on SkyBus today at 3.30pm EST re the Panama papers and ATO crackdown
BDO international tax partner Chris Ball talks to SkyBusiness Helen Dalley today at 3.30pm EST re the #Panamapapers and the ATO’s crackdown. Ball says the ATO targeting of 800 residents in Australia in light of the controversial Panama law firm Mossack Fonseca is not necessarily about hiding money from the ATO or not paying the right amount of tax. Outside criminal activities, it is more likely to be about confidentiality.
Einsights CEO Sandeep Rao says his data analytics company builds strong relationships with businesses and aims to help them reduce the pain and anxiety in accessing information anytime, anywhere. Rao says expansion plans into the US and the UK during 2016 are on track, in CIO Outlook. For more see http://bit.ly/1R7yjw6.
BDO tax partner Chris Ball told Fairfax Media‘s Nassim Khadem he was concerned that the tax office would be able to use the proposed changes to foreign investment applications as extra leverage during tax disputes.
GST has been dropped as part of the government’s tax reform mix when Prime Minister Malcolm Turnbull said he was not yet convinced that increasing the GST will lead to stronger economic growth. SmartCompany‘s Eloise Keating includes comments from Pitcher Partners’ Craig Whatman.
Pitcher Partners David Lane talks to Sky Business Mark Todd’s Money Management at 6.30pm (EST) tonight on market volatility and 2016 outlook
Pitcher Partners David Lane talks to Sky Business Mark Todd’s Money Management at 6.30pm (EST) tonight on market volatility and 2016 outlook
Dick Smith’s ASX listing and its subsequent slide into receivership have taken on the appearance of a car crash but it’s a crash that’s been caused by reckless driving, according to Pitcher Partners Michael Sonego and Simon Johnson in SmartCompany. Read More
Einsights data analytics shows financial advisers how to analyse commissions, revenue & dealer group fees
Data analytics firm Einsights is simplifying its reporting processes to allow advice practices to collate and analyse their business information through a single portal. In an interview with Financialobserver, Einsights commercial director Benjamin Lindsay said in the past advice practices had typically relied on pockets of data from their customer relationship management (CRM) system, accounting system and various product providers. Read More
Westpac Business Focus‘s Cameron Cooper reports business owners and employees have returned from leave with ambitions to drive growth and create new market opportunities. But where do they start?
David Knowles, partner at business advisory and accounting firm Pitcher Partners, is a fan of SWOT and PEST analyses. He says leaders and their teams must have a clear conversation about business challenges and goals.
The meteoric rise of self-managed superannuation funds may have ended with the sector’s share of Australia’s $2 trillion super savings falling below 30% in 2015 to a five-year low, according to AFR‘s Joanna Mather. But Pitcher Partners’ Brad Twentyman doesn’t necessarily see a trend in the statistics.
SHARE market turmoil is denting retirement nest eggs, but workers and retirees are being urged not to panic, according to the Herald Sun’s John Dagge.
In the article, Pitcher Partners wealth management head Charlie Viola said retirees should review their income stream every six to 12 months.
The Australian Financial Review’s Agnes King reports a Penrith businessman liquidated half of his multimillion-dollar investment portfolio to snap up stressed assets as markets head south. Many people have been sitting on cash stockpiles waiting for the market to correct. Pitcher Partners’ Adrian Clerici says a substantial portion of this cash comes from business sales as asset values have recovered.
Sales of hobby farms are booming as a new generation seeks to escape the city, according to Duncan Hughes in the Australian Financial Review. Hughes said accountants and lawyers who advise hobby farmers recommend creating a long-term plan that allows for planning regulations, taxation and the length of time, cost and effort it might take to eventually make a profit.
Tax specialist Ross Higgins, group leader of the tax and wealth practice group at Rigby Cooke Lawyers, recommends consulting an adviser about possible deductions on capital equipment and expenditure and tax liabilities that arise from earning an assessable income. Read More
Accountants criticised a plan to tax profits on the sale of family homes worth more than $2 million, calling the idea floated by the Australia Institute “a desperate short-term fix to a budget hole” that would drive up house prices and choke supply of inner-city dwellings, according to Agnes King and Larry Schlesinger in the Australian Financial Review.
Pitcher Partners tax adviser Adrian Clerici said the plan would discourage people from selling the family home, driving up inner-city property prices and pushing supply out to developing suburbs. Read More
The Courier Mail’s Glen Norris said the ASX 200 fell for an eighth straight session yesterday after the Royal Bank of Scotland warned investors to “sell everything” and prepare for a “cataclysmic year” that could see bourses around the world plummet by 20 per cent.
Pitcher Partners director of wealth management David Lane said the fundamentals of the global economy were stronger than RBS’s pessimistic outlook. Read More
Australian retirees are holding onto their superannuation and only spending the government mandated minimum, according to SmartCompany’s Ronelle Richards quoting research undertaken by the CSIRO.
Pitcher Partners Investment Advisory’s Adam Stanley says one reason might be that retirees want to have something to pass onto dependents like spouses and children. Read More
The Australian Financial Review‘s Agnes King says taking a short-term loan to top up superannuation could be a legitimate strategy for some if flagged changes to thresholds or tax rates by the Treasurer start to firm up.
“We’re not massive advocates of it,” said Pitcher Partners wealth management partner Charlie Viola. Read More
Pitcher Partners director of wealth management David Lane talks to The Courier Mail’s Glen Norris re Queensland companies’ performance on a volatile stock market.
Mr Lane said Queensland lenders had done relatively better during the year than big national banks, thanks to the buoyant state of the property market.
Accountants are encouraging high net worth clients to top up super before the May federal budget, saying it could be the equivalent of 2007’s one-off $1 million top-up opportunity, according to The Australian Financial Review’s Agnes King.
In the article, Pitcher Partners wealth management partner Charlie Viola said: “The advice to everybody continues to be get as much in as quickly as you can unless you need the money to hand before age 60.” Read More
The Australian Financial Review‘s Joanna Mather reports new rules for crowd-sourced equity funding are too restrictive to be of major benefit to small business.
Mather quotes Pitcher Partners partner Alexis Kokkinos who said the regulations confirmed only fully paid ordinary shares are eligible. Read More
See Pitcher Partners’ Charlie Viola opinion piece in The Australian Financial Review on how does a retiree make sure their capital will last their lifetime as well as generate enough income?
The deals pipeline looks strong heading into 2016, accountants say, with plenty of good businesses for sale and a suite of genuine buyers, mostly in the private equity space, says Agnes King in the Australian Financial Review.
THE ASX 200 could be in for a happier new year helped by improving economic conditions and yield-hungry investors, according to Glen Norris in The Courier Mail.
He said the benchmark ended the final day of trading for 2015 yesterday at 5295.9, 2.13 per cent below the close at the end of 2014 for its first decline in four years.
See Bina Brown’s article in the Australian Financial Review which says an exit strategy is crucial for small businesses sitting on a retirement gold mine. It says ageing business owners in this position risk losing the lot unless they have a well-planned exit strategy.
Pitcher Partners’ client BlueAnt will see its sports headphones Pump2 released in Apple stores in the US and Canada this weekend, then the rollout will continue into Europe and Asia Pacific in the New Year. See article in the Australian Financial Review where BlueAnt managing director Taisen Maddern says “it’s quite prestigious to get product into the Apple stores in terms of how you are viewed by distributors and retailers in the rest of the world”. Go to http://bit.ly/1QsToWU
Read The Australian’s Glenda Korporaal article “Turnbull throws down the gauntlett” in which she quotes Cross Border Business expert Rohini Kappadath that there needs to be more focus by Australian companies on the opportunities in Asia with more needing to take the plunge and put operations on the ground.
Any changes to the GST would need a significant transition period to avoid creating confusion and inefficiency, particularly in the small to medium-size enterprise market, says Pitcher Partners’ Craig Whatman in AccountantsDaily.
The new insolvency trading provisions proposed as part of the government’s innovation package this week are a win for investors, but also a win for small to medium enterprises, says Pitcher Partners partner in charge of business recovery and insolvency Gess Rambaldi in his BusinessSpectator oped.
In Robert Finkeldey’s opinion piece in BusinessSpectator he says Malcolm Turnbull’s national innovation and science agenda is a step in the right direction, but “it lacks an integrated approach necessary to kick-start the new economy and employment”.
Rob McKie, consulting partner for mid-tier firm Pitcher Partners, tell AccountantsDaily he welcomed the bipartisan approach to innovation, but cautioned the government on failing to acknowledge the middle market, a sector he described as the “engine room of Australia’s economy and the sector that will drive growth for the foreseeable future”.
The Australian Financial Review today says in Turnbull’s innovation statement people will have the option to self-assess the tax effective life of acquired tangible assets. They will have to justify the faster offset to the tax office. However, Pitcher Partners Leon Mok says “there’s no benefit if a start-up is coming from a situation where they’re not yet profitable”.
Ali Suleyman, partner in tax consulting at Pitcher Partners, told SmartCompany any move to relax the current “same business test” is welcome, however, the “devil will be in the detail”. (See http://bit.ly/1XXHtQ0)
Investing in start-ups is cheaper with Turnbull’s innovation plan, but because the tax offset portion of the incentive provides tax breaks for the investor instead of the start-up, it does highlight how critical it is for the start-ups to be ‘investor ready’, says Pitcher Partners partner Leon Mok in Fairfax Media.
Craig Whatman, tax partner at Pitcher Partners, told SmartCompany small businesses will likely become frustrated if the government doesn’t soon give clearer indications of what lies ahead when it comes to tax.
Pitcher Partners’ David Lane says economic growth figures reflect the recent improvement in property prices, a stable labour market and healthy GDP – all providing consumers with confidence to spend, in AAP.
Pitcher Partners Consulting offers middle-market clients digital, technological and management advice
Pitcher Partners Consulting will offer services covering strategy, marketing, commercial advice, digital, governance, procurement and change management, says partner Rob McKie in AccountantsDaily.
The decision to remain at 2% is a prudent one for the RBA, as it provides them with additional room to move in 2016 should the economic growth in the early part of the year disappoint, says Pitcher Partners’ David Lane in SmartCompany.
#KDKBulletin – KPMG & family business conflict, Deloitte on super in 20 years’ time, Minter Ellison on cost hikes for investors, MUCHE on competition in healthcare
See #KDKBulletin this week covering KPMG’s report on family business conflict, Deloitte on super in 20 year’s time, Minter Ellison on foreign investment reforms, and MUCHE (Macquarie University’s Centre for the Health Economy) on why competition is needed in healthcare.
The forces supporting a strong Australian property market are diverse enough and strong enough to mean any significant or sustained fall in prices is very unlikely, says Pitcher Partners Michael Langhammer in Property Review Australia.
Pitcher Partners’ Brad Twentyman says super reform is the government’s next target but the only way to raise [tens of] billions from super is to increase taxes across the board, in SmartCompany.
Competition in the healthcare sector has improved outcomes and efficiency, increased access to hospital services for people with lower socioeconomic status, and reduced hospital waiting times, says Dr Henry Cutler, inaugural director of Macquarie University’s Centre for the Health Economy (MUCHE), in BusinessSpectator.
Read the latest issue of Amex’s CFO where Pitcher Partners’ David Knowles talks about the go-ahead industry sectors to include technology, food, tourism and biotech.
Pitcher Partners’ Julie Strack said a number of clients had been hit with both the Division 293 tax bill, and the excess contributions tax, in AFR and syndicated.
Business in Asia is based on trusted intergenerational relations and not just traders and suppliers of raw materials or property, says Pitcher Partners’ Rohini Kappadath in BusinessSpectator.
Pitcher Partners’ Craig Whatman says businesses are unlikely to remain supportive of any increase in the GST rate unless it is accompanied by wider tax reform, in 9news.com.au.
Pitcher Partners Frank Russo says while technical competence is a given, soft skills are critical for graduates to build relationships and network with clients, in AFR.
Pitcher Partners’ David Lane says RBA hopes that lower interest rates would also force the Australian dollar lower, helping manufacturers and other exporters, in The Courier Mail.
Pitcher Partners’ Greg Nielsen says each tax job that comes across his desk has a slightly different dimension to it, ‘so it always keeps you interested’, in In the Black magazine.
Pitcher Partners’ chairman Don Rankin says the firm’s non-goodwill practice makes passing the baton easier because young partners don’t have to stump up a huge amount of capital to buy out retiring partners, in AFR.
Pitcher Partners’ Michael Sonego says an expert should always add value well beyond their cost in an M&A sales process, in AFR.
Pitcher Partners’ Rohini Kappadath says there is more at stake by not considering the outsized returns we are forgoing by not taking some risk. The return on investment for those who adopt a 15-20 year lens will far outweigh any trade deal, in The Australian.
The TPP and the China-Australia FTA are just one part of doing business in Asia. Pitcher Partners’ Rohini Kappadath says it’s far better to capture real economic value in Asia by taking an equity position in collaboration with local businesses, in The Australian.
Pitcher Partners’ Sue Dahn says for most good investors the target price is driven by fundamentals including earnings multiples, earnings per share growth forecasts, dividend capacity, in AFR SmartInvestor.
Pitcher Partners managing partner John Brazzale says private groups employ more people than all public companies put together, yet they are penalised by complex rules and compliance costs, in Accountants Daily.
Pitcher Partners’ David Lane says BOQ’s results are solid as new management shows they are building the business strongly, in Courier Mail and syndicated nationally.
Pitcher Partners’ John Brazzale says the tax system — riddled with a complex web of rules and interactions — is holding back the middle market and damaging the economy, in Public Accountant.
Pitcher Partners’ Rohini Kappadath says the assumption with TPP is that all countries will reciprocate with lowering their ‘behind the border barriers’, in AFR.
SMEs would accept a GST increase if there was tax relief in other areas such as corporate and state taxes, says Pitcher Partners Craig Whatman, in SmartCompany
Hockey’s stance on multinational tax law could impact mid-market companies given the implications of non-compliance are very harsh, says Pitcher Partners’ Leon Mok in Fairfax Media’s Business Day.
The dual income tax system applies a flatter income tax rate to all legal structures rather than having the differences that arise between the [current] various legal structures, says Pitcher Partners’ Stuart Dall in SmartCompany.
What’s the latest news in pricing, disruptive fintech, Hong Kong private equity tax laws & Denali Venture Partners in #KDKBulletin
Pitcher Partners’ Leon Mok says if the goal is to ensure that we are less reliant on personal income tax in the future, we need to design our whole tax system with that in mind,” in AccountantsDaily.
Pitcher Partners’ Stuart Dall says the Ausnet High Court decision highlights the need to carefully consider contractual negotiations in M&A transactions, in AccountantsDaily.
Acquisitions are a source of growth … now the dollar has come down it’s all guns blazing, says Pitcher Partners’ Robert Southwell in AFR.
Pitcher Partners’ David Lane says some stand out performers were benefitting from a lower dollar and large international operations, in The Courier Mail.
GST rate rise may be canvassed in the options paper later this year as part of the tax reform white paper process, but SMEs would want to see details about corresponding cuts in other taxes, says Pitcher Partners Craig Whatman in SmartCompany.
National Reform Summit sees Joe Hockey look at options on personal tax cuts and as the debate about raising the GST to enable true tax reform reignites, the fundamental question is whether the Government can raise the GST rate (or the tax base) without the unanimous agreement of the states and territories. The answer is ‘yes’, says Pitcher Partners’ Craig Whatman in his oped in The Australian.
Pitcher Partners’ Andrew Aylward warns the rise of automated trading means markets will react violently once volatility spikes, in AAP, Australian.com.au and 9news.com.au.
Pitcher Partners’ David Lane said bank stocks have been the biggest victims of market volatility and could prove good buying opportunities, in The Courier Mail.
Pitcher Partners’ Simon Chun says broadening land tax base means everybody would share in the payment of land tax but that this would be a hard political sell, in Accountants Daily.
Pitcher Partners’ David Lane said the market is volatile as there is concern about economic growth in China and whether the US Federal Reserve will raise interest rates and this will impact superfunds, in The Courier Mail.
A sophisticated investor doesn’t get the same level of disclosure, it means they need to apply an appropriate degree of discretion, scrutiny and discrimination, says Pitcher Partners Investment Advisory’s Sue Dahn in AFR.com.au.
Pitcher Partners’ Gess Rambaldi says company directors must be aware that if a company trades while insolvent and incurs debts before a liquidator is appointed, they can be held personally liable for those debts, in SmartCompany.
Pitcher Partners’ Stuart Dall says Hockey wants to reform personal income tax as it’s inefficient, there’s the issue of bracket creep, and it’s possibly driving people offshore, in SmartCompany.
Pitcher Partners’ Warwick Face says there had been a solid start to Qld M&A deals in 2015 with an increasing focus on leisure, business services, property and education, in The Courier Mail.
Pitcher Partners’ David Lane says increasing GST is a better way to collect money from the rich as a consumption-based tax is paid in significantly higher dollar amounts by higher income earners, in The Australian Financial Review.
Pitcher Partners’ Craig Whatman says the government can achieve company tax cuts if it raises the GST, in SmartCompany.
Pitcher Partners’ Theo Sakell says failing to research your tax residency status properly is one of the biggest pitfalls for those working overseas, in Fairfax Media.
Pitcher Partners’ David Knowles says businesses that use technology and their business smarts to cut costs are more likely to get ahead in the next year, in SmartCompany.
Profit is not about selling the product, but about the experience, says Pitcher Partners’ David Knowles. People don’t’ remember what you did for them, they remember how you made them feel, in Westpac’s Business Focus.
Pitcher Partners’ David Lane says latest jobs figures show move from part-time to full-time employment is positive for economy and may reflect an increase in business confidence, in The Australian.
Pitcher Partners’ Leon Mok says the ATO online tax lodgement is a lesson learnt in terms of having the system running efficiently before going live, in SmartCompany.
Pitcher Partners’ Leon Mok says people could ask their employer to vary the PAYG withholding amounts throughout the year to avoid the rush for a big return at tax time, in SmartCompany.
Pitcher Partners’ Richard Shrapnel says Australia’s wealthy business owners (43.1%) are more than twice as likely to sell their business than those in other countries (19.4%) in their business succession planning, in The Australian.
Pitcher Partners’ David Lane says increased volatility in global markets [ie Greek crisis] is causing many with assets in overseas super to explore their options. He advises people to consider repatriating assets to where they plan to retire, in the Australian Financial Review.
SMSF Advisor says new partners at Pitcher Partners Melbourne include Stuart Dall and Ali Suleyman in tax, Ben Powers and Dean Love in business assurance and advisory, and Michal Jozwik in risk services; Brisbane includes Simon Chun in tax; Adelaide includes Ryan Curry in private clients and business services.
Sandeep Rao said Einsights’ new artificial intelligence-based business analytics tool is able to aggregate hard data from all forms of traffic including Google Analytics, Facebook, Twitter, Adwords, LinkedIn, SEO tools, Adobe etc into a dashboard for 24/7 delivery via mobile or web access, in B&T online.
Pitcher Partners announced it has appointed new partners at its Melbourne, Adelaide and Brisbane offices, in Accountants Daily.
Pitcher Partners’ Theo Sakell says the 1.5% company tax rate cut applies to profits immediately but is limited to businesses with turnover of less than $2 million, in SmartCompany.
Growth areas for accounting firms are tax, business and property says Pitcher Partners http://bit.ly/1H2ckTx
Pitcher Partners chairman Don Rankin says clients are in need of strategic advisory services, in the Australian Financial Review.
Tax tips 2016 – look at Tax White Paper for super, franking credits, CGT discounts, negative gearing http://bit.ly/1NKCTBe
Pitcher Partners’ Theo Sakell says SMEs should pay close attention to the federal government’s tax reform process for their tax planning, in SmartCompany.
Wealthy investors with limited-recourse borrowing arrangements in SMSFs under ATO scrutiny http://bit.ly/1H2TGd3
Pitcher Partners’ Brad Twentyman says wealthy investors have been pushing the boundaries with limited-recourse borrowing arrangements drawing the ATO’s attention, in AFR SmartInvestor.
Pitcher Partners’ David Lane says the Warren Buffett effect may be why major stocks like the banks and Telstra are starting to recover ground, in The Courier Mail.
Pitcher Partners’ Brad Twentyman says people have been pushing limited recourse borrowings in SMSFs which is why the Tax Office is now targetting them, in The Australian Financial Review.
Pitcher Partners’ David Lane says people will either have to start looking at changing their investment mix or look at changing their lifestyle, in SmartCompany.
Pitcher Partners’ Scott Treatt talks to Brisbane Radio 4BC afternoons presenter Clare Blake about unusual year-end tax deductions — how they need to have relevance to both the purpose of the item claimed and the reason for its use in the business.
Pitcher Partners’ national chairman Don Rankin says, “We need critical mass in key markets to provide the full basket of services that [clients] expect today, and to fund the extent of systems development needed these days,” in Australian Financial Review.
Pitcher Partners’ Brad Twentyman says SMSF trustees forgetting to draw down a minimum amount for their scheme members is a common error, in Australian Financial Review.
Pitcher Partners’ Scott Treatt says be careful with your tax deductions, for example, artworks are only deductible if they’re for the business, and backyard studios can be used for home offices, but they won’t be deductible if they’re in fact a granny flat, in FairfaxMedia’s SMH, The Age, BrisbaneTimes and WA Today.
Pitcher Partners’ Theo Sakell says recent changes to the Significant Investor Visa and Premium Investor Visa programs has accelerated this investor shift where China is now Australia’s biggest source of approved foreign investment overtaking the United States, in BRW.
Pitcher Partners in its Dealmakers: Middle Market M&A in Australia 2015 report said private equity activity in Australia’s middle market passed $US15 billion ($19.6bn) in 2014, with a record 25 mid-cap buyouts worth about $US2bn completed, in The Australian.
Pitcher Partners’ David Lane said the Australian economy is moving along at a steady pace, but needs more capital investment to grow at a more desirable rate, in FairfaxMedia’s SMH, The Age, WA Today and Brisbane Times.
The Sydney merger will create a 28 partner, 240 staff firm targeting billings of $48 million for the 2015-16 financial year, in AFR.com.au.
Rob Southwell, new Pitcher Partners Managing Director in Sydney, says the merger will be a game-changing event in the Sydney accounting space, in Accountants Daily.
Pitcher Partners’ Denise Honey says property buyers can easily come unstuck if they fail to carry out proper due diligence, or understand that every country comes with its own set of regulations and taxes, in New Daily.
Pitcher Partners’ Rohini Kappadath says FTAs contribute to 42 per cent of Australia’s international trade, yet many more businesses are yet to take advantage of these trade agreements, in her opinion article in The Australian.
Pitcher Partners’ Scott Treatt says Federal Budget measures allow companies with less than $50 million turnover to attract talent by deferring the taxing point on employee shares and options to either the exercise date or 15 years, whichever comes first, in Chief Future Officer, American Express.
Pitcher Partners’ Brad Twentyman warns government likely to announce changes to super tax concessions after the tax review is completed, in EurekaReport.
Pitcher Partners’ Theo Sakell says the change in anti-avoidance measures is a robust approach to target lost revenue to the government, in AFR.
Pitcher Partners’ Scott Treatt says it’s critical for startups to retain and attract key talent to facilitate the development of new technologies, in StartupSmart.
Pitcher Partners Mark Harrison says the package of reforms include changes to employee share schemes, a simplification of crowd funding rules and simplified corporate compliance which will encourage start-ups, in AFR.
Pitcher Partners’ Leon Mok says the 1.5 per cent corporate tax rate reduction and a 5 per cent discount for unincorporated small businesses, although modest, will allow greater reinvestment for small businesses, in SMH.com.au.
Pitcher Partners’ Leon Mok says payroll tax and land taxes were WA’s two biggest revenue sources along with iron ore royalties … “it’s difficult to see any help for businesses in terms of state taxes” in WA Budget 2015, in AAP.
How Federal Budget 2015 package of reforms will encourage start-ups and emerging business: Pitcher Partners
Pitcher Partners’ Mark Harrison said the package of reforms to encourage start-ups – including changes to employee share schemes, a simplification of crowd funding rules, encouraging the use of advisers, and simplified corporate compliance – will generate business for accountants prepared to work with emerging businesses, in the Australian Financial Review.
Pitcher Partners’ Paul Glover says unilaterally seeking to extract additional tax revenues from multinationals could be counterproductive to the OECD’s coherent policy response, and other taxpayers who were acting lawfully could be inadvertently caught up and hit with the 100 per cent penalties plus interest, in The Sydney Morning Herald.
Pitcher Partners’ Dr Richard Shrapnel in the Succession Reset: Family Business Succession in the 21st Century report explains why more daughters are successors in the family business, in this month’s Australian Women’s Weekly.
Pitcher Partners’ Craig Whatman says 3% stamp duty surcharge on foreign residential property buyers from 1 July will in some cases more than double the stamp duty payable on the purchase of residential property in Victoria, in SmartCompany.
Pitcher Partners’ Craig Whatman says there was some minor relief in payroll tax but as a whole the Victorian Budget was disappointing for business, in the Herald Sun.
Pitcher Partners’ Craig Whatman says a 3% surcharge on foreign buyers will affect their willingness to invest in Victoria, in the Australian Financial Review.
Pitcher Partners’ David Lane says Australian market is concentrated with about 30 per cent of the index constituting materials (mining) stocks and financial shares making up about 40 per cent ‘which does not leave a lot of room to move’, in Courier Mail.
Pitcher Partners’ chairman Don Rankin tells AFR those companies doing well are open to new ideas, are consultative and are willing to change.
Pitcher Partners’ Brad Twentyman tells SmartCompany that people with $500,000 to $1 million in super have worked hard to voluntarily save for their retirement and to some extent these people use the tax concessions — ‘but that is exactly how the system is supposed to work’.
Pitcher Partners’ Brad Twentyman says people should look to create a capital base of two million dollars for their retirement, leading to an annual income of around $55,000 a year, in SmartCompany.
Pitcher Partners’ Leon Mok tells FairfaxMedia’s Nassim Khadem that Hockey’s Google tax plan is nothing more than a signal from the government that they want to lead the current OECD push targeting international profit shifting.
Pitcher Partners’ David Lane tells AAP he expects the RBA will leave the cash rate unchanged for another month with encouraging employment trends indicating that the previous rate cut is having a positive impact on business.
Pitcher Partners’ Scott Treatt tells SmartCompany that the Fed Government should incorporate more incentives for small business beyond company tax such as investing in the intellectual property of businesses to promote the growth of tech in Australia.
Pitcher Partners’ Craig Whatman told SmartCompany while it is difficult to know exactly how much tax could be levied by extending the GST to cover intangible purchases, he says it is “one significant hole in the GST collection base”.
Pitcher Partners’ Alexis Kokkinos says change in managed investment trust rules will address uncertainty in Australia’s taxation regime for managed funds, and has the potential to also support the creation of innovative funds in Australia, in The Australian Financial Review.
Pitcher Partners’ Alexis Kokkinos says changes in managed investment trusts codify reporting systems that previously made US regulators and investors cautious about Australian managed investment trusts, in The Australian.
How changes in managed investment trusts will make Australia more attractive to Asia: Pitcher Partners
Pitcher Partners’ Alexis Kokkinos says Australia could see its financial services industry double in growth and compete on a more level playing field with Asia following the changes in managed investment trusts, to SMH.com.au
Pitcher Partners’ David Staples and Jordan Kennedy talk to Eureka Report and advise whatever method parents choose to assist their children to buy a home, there should always be a loan agreement drawn up between the parents and the child.
Pitcher Partners’ Rohini Kappadath talks to SBS Radio about Victorian Premier Daniel Andrews’ announcement that women will make up half of Victorian Government-appointed paid boards and courts.
Pitcher Partners’ Vicki Macdermid helps new business owner and freelance journalist Sarah Cannata step out of her comfort zone, in the HuffingtonPost.
Pitcher Partners’ David Lane says the lower dollar will particularly help tourism and shares like Mantra, Flight Centre and CTM, in the Courier Mail.
Tax discussion paper – Why lowering CGT discount dries up investment and equity capital: Pitcher Partners
A removal or lowering of the CGT discount could dry up investment opportunities and equity capital for projects which is detrimental to those industries that underpin the new economy, says Pitcher Partners Greg Nielsen in the Australian Financial Review.
Pitcher Partners explains why Australian expats working in Hong Kong need to know their tax residency status, whether salary packaging benefits apply and where their super will be paid, to In the Black magazine.
Pitcher Partners Brad Twentyman tells SmartCompany that the super concessions are doing what they were designed to do: help people fund their own retirement.
Pitcher Partners’ Craig Whatman says people imposing GST on certain food products when there is no GST required can put them at a competitive disadvantage, in the Australian Financial Review.
Pitcher Partners’ Peter Quattrochi comments in SmartCompany that broadening the GST base and increasing its rate is worth considering, as is reducing the level of complexity.
Tax Discussion Paper – lower corporate tax rate means extra cash for small business says Pitcher Partners
Pitcher Partners Theo Sakell says lower corporate taxes means extra cash for small business and more jobs, in SmartCompany.
Pitcher Partners’ Paul Glover talks to Accountants Daily about the Pitcher Partners State Tax Review 2014/2015 and the need for meaningful State tax reform.
Pitcher Partners Ian Jones said the differences in tax regimes showed how states continued to compete through variable tax rates and thresholds, in The Courier Mail.
Pitcher Partners’ Greg Nielsen says cutting tax relief at $5 million means many small to medium-sized businesses will miss out, in SmartCompany.
Pitcher Partners’ Richard Brooks urges Premier Weatherill to lead the states in ditching inefficient taxes and to increase GST, in the Adelaide Advertiser.
Rapidly climbing prices make NSW the highest-taxing state in the nation for property-owning small to medium-sized businesses, according to Pitcher Partners’ Craig Whatman in The Age and SMH.
Pitcher Partners State Tax Review 2014/2015: catch Craig Whatman talking to SkyBusiness’ Leanne Jones at 7.45am
Pitcher Partners State Tax Review 2014/2015: Craig Whatman talks to SkyBusiness presenter Leanne Jones about State taxes and the need for tax reform.
More than 60% of not-for-profits in Australia rely too heavily on government assistance leaving them vulnerable to changes in policy, according to Pitcher Partners and Russell Kennedy Lawyers’ inaugural NFP Benchmark Survey 2015 in Pro Bono Australia.
Access already exists in the Australian superannuation system in times of financial hardship or serious illness, said Pitcher Partners’ Brad Twentyman in SmartCompany.
M&A activity to boom in Australia due to low interest rates and government privations, says the Dealmakers: Middle market M&A in Australia 2015 report by Pitcher Partners and MergerMarket in Mortgage Business.
How succession planning holds the key to successful M&As in the mid market: Pitcher Partners/Mergermarket M&A report.
Those who engage in business succession planning and are prepared will get a premium price when they sell, says Pitcher Partners’ Simon Johnson in Accountants Daily.
The stage has been set for record M&A activity in the middle market, says the Pitcher Partners and Mergermarket report “Dealmakers: Middle Market M&A in Australia 2015” report in InvestorDaily.
Intergenerational Report points to broadening GST base and increasing rate to fill the hole in receipts, says Pitcher Partners’ Leon Mok in the Australian Financial Review.
M&A activity in mid cap companies to drive growth in Australia in 2015, according to the Dealmakers: Middle Market M&A in Australia 2015 report by Pitcher Partners and Mergermarket in The Australian/Business Spectator.
Private equity in Australia’s middle market passed $19.2 bn in 2014, according to the Pitcher Partners’ and Mergermarket report ‘Dealmakers: Middle Market M&A in Australia 2015’ in the Australian Financial Review.
Asia Funds Passport will give Australian financial services sector greater access to foreign funds, but smaller fund operators will miss out because of the strict rules, says Pitcher Partners’ Alexis Kokkinos in the Sydney Morning Herald.
What the Indian Budget means for Australian investors – catch Pitcher Partners’ Rohini Kappadath talking to SkyBusiness Asia Focus at 1.30pm today.
What the Indian Budget means for Australian investors – catch Pitcher Partners’ Rohini Kappadath talking to SkyBusiness’s James Daggar-Nickson at 9.45am today.
My Kitchen Rules bankrupt has to share his assets with creditors and will only be discharged from bankruptcy after three years, says Pitcher Partners Gess Rambaldi in SmartCompany.
The tax traps for Aussies working overseas are many and varied with employers and employees needing to pay close attention to the way salary packages are structured, says Pitcher Partners’ Denise Honey in CPA’s In the Black magazine.
The first half reporting season showed it was becoming increasingly difficult for companies to grow other than through acquisitions, says Pitcher Partners’ director of Wealth Management David Lane in the Courier Mail.
Business will need to view Abbott’s new childcare policies as an opportunity for growth rather than a cost, says Pitcher Partners HR Consulting’s Adam Kreuzer in SmartCompany.
80% of Australian businesses don’t have a succession plan according to the “Pitcher Partners Global Reset Succession Report” in BusinessSpectator.
To succeed businesses need to have open structures, have people who are willing to change and be more consultative, says Don Rankin Chairman of Pitcher Partners in AFR.
Amcor management have delivered on expectations but with the share price rallying over 30% since August and trading on a prospective PE ratio of 19.5 times earnings, will that be enough? asks Pitcher Partners’ David Lane in The Australian.
Aurizon faces many headwinds dues to uncertain outlook for coal and iron ore, says Pitcher Partners’ David Lane in The Courier Mail.
There’s plenty of room for Telstra to grow as internet connectivity and mobile demand continue to rise which is why the telco can deliver long-term returns for investors, says Pitcher Partners’ David Lane in The Australian.
Business would rather see the East West link project proceed rather than outlay compensation payments for little return and risk Victoria’s triple-A credit rating, says Pitcher Partners’ John Brazzale in AFR.
Many SMEs will miss out on Abbott’s tax cuts because the $5 million cut off for tax relief is too low, says Pitcher Partners Greg Nielsen in SmartCompany.
It’s much more involved than getting an SMSF licence. Accountants may need to change the way they work, according to Pitcher Partners Brad Twentyman in In The Black magazine.
Reaction in financial markets to the inflation figures suggested the chance of a rate cut next week had dissipated, says Pitcher Partners’ Andrew Aylward to AAP.
Pitcher Partners’ tax partner Theo Sakell welcomes the Board of Taxation’s report which promises simpler tax returns for small business – in Accountants Daily.
Proposed changes in tax treatment of employee share schemes will make salary packaging more attractive, says Pitcher Partners’ Peter Braine in Accountants Daily.
The ATO’s new PSLA rules reduce red tape burden for SMEs in overseas transactions, says Pitcher Partners Denise Honey in Accountants Daily.
What’s in store for business in the Qld election? Pitcher Partners’ David Lane talks to SkyBusiness.
Catch SkyBusiness’ James Daggar-Nixon and Pitcher Partners’ David Lane at 1.15pm today (EST) talking about the Qld economy and what business wants in the lead up to the State election on 31 January.
State revenue authorities can easily find out if your beach house is a primary residence or not, says Pitcher Partners Craig Whatman in AFR.
Parity between the Aust and NZ dollars is a certainty as the Aussie $ gets weaker and there is more potential for unemployment, says Pitcher Partners David Lane to AFR. He said parity should not be viewed as a weakness but a blessing for sectors such as retail and tourism.
How the Financial System Inquiry’s proposed blanket ban on borrowing in super will hit small business
Pitcher Partners’ David Lane says many small business owners utilise the LRBA rules to own their business premises in SMSF Adviser.
German retailer Aldi’s limited partnership structure means it’s not required to be audited nor to disclose its accounts to ASIC, says Pitcher Partners Mark Northeast to Fairfax Media.
Increasing GST rate could be one option in tax reform to ease the Budget deficit, says Pitcher Partners Greg Nielsen in Accountants Daily.
Pitcher Partners’ Adam Stanley tells The Australian he expects banks will offer more deposit products in the next 6 to 12 months as they remove the investment risk of a hike in interest rates.
Pitcher Partners’ Craig Whatman explains to CCH’s LawChat why property developers need to review stamp duty following the Lend Lease High Court decision.
Kennedy’s Jennifer Bicknell tells In the Black there is often embellishment, overstating or omission in CVs such as people not mentioning being sacked from jobs.
Pitcher Partners’ David Lane says in SMSF Adviser that many small business owners use limited recourse borrowing arrangements to own their business premises.
The lessons that Paul Keating learnt when he tried to scrap negative gearing still apply, Pitcher Partners John Brazzale tells AFR. If you remove the benefits of negative gearing, investments will stop and the cost of rental will increase.
Pitcher Partners’ David Lane in SmartCompany says countless small business owners use the limited recourse borrowing rules to own their business premises, and a blanket ban on borrowing within super may have a negative impact on them.
Take a lesson from Keating who scrapped negative gearing only to see investment in housing stop overnight, says Pitcher Partners’ John Brazzale in The Age.com.au.
See AAP‘s article syndicated nationally where Pitcher Partners David Lane says removing direct borrowing by SMSFs will have a significant impact on the residential property market. He says investment borrowing has been driving much of the recent boom in property prices.
See Accountants Daily 4 Dec 2014 where Pitcher Partners’ Adrian Fitzpatrick says the new HR practice leverages the firm’s across-the-board expertise in accounting, audit and business advisory to provide strategic advice where HR can be affected by a range of events such as business transactions, insolvency etc.
Pitcher Partners’ Adrian Clerici believes there is a fundamental difference between this investment cycle and the dotcom boom of the late 1990s.
Pitcher Partners’ Craig Whatman says forecasts of a $3 billion in 2017/2018 indicates Victoria has a solid platform on which the new Andrews government can continue to grow the economy, attract more investment into the state and provide assistance to businesses.
Pitcher Partners’ Craig Whatman says it’s more likely GST will be in the tax reform White Paper review and any changes to GST will affect state-based tax regimes.
Pitcher Partners’ Adrian Clerici says the nation’s richest families are branching into new investments with enough capital to back themselves on big projects.
Pitcher Partners’ Craig Whatman says business wants the new Andrews’ govt to remove obstacles to investing and to honour its no-new-taxes pledge.
Pitcher Partners’ David Lane says investors are hoping for an uplift in Medibank’s earnings over the next two to three years.
Pitcher Partners’ Rohini Kappadath says Australian businesses need to work with industry groups and governments, identify opportunities in relevant sectors, and get the right advice in India and Australia.
Pitcher Partners David Lane says investment in new business has largely been funded by cash or equity with some reluctance to encourage enterprise.
Pitcher Partners Wealth Management director David Lane says housing is not overheated given 11% tumble in building approvals.
Sandeep Rao CEO of business analytics firm Einsights says to catch terrorists the federal government should work with ISPs and understand the metadata through predictive analytics.
Pitcher Partners Greg Nielsen says changing tax structures can get a better business sale price.
Pitcher Partners Greg Nielsen says ideally business owners should have an exit plan to make the sale process as smooth and beneficial as possible.
Pitcher Partners Richard Shrapnel says it’s important to let the next generation make their mark if business success is to continue.
Pitcher Partners Greg Nielsen says the CGT concessions are a way of recognising that small business is the backbone of this country.
Pitcher Partners David Lane says investors need to consider a company’s annual growth rate, EBIT margins, revenue growth rates and debt levels.
Einsights CEO Sandeep Rao says financial advisers need to stop procrastinating, hire an intern to mine internal data and build a dashboard of all their valuable financial data.
Pitcher Partners David Lane says it’s a matter of how well BoQ continues to do without a CEO in place and that creates uncertainty.
Pitcher Partners Richard Shrapnel discusses his Succession Reset: Family Business Succession in the 21st Century Report 2014.
Pitcher Partners John Brazzale says capital gains tax is a critical cost for owners preventing them from passing on the business to their children.
Pitcher Partners David Lane says impact on economy from decline in the Australian dollar has been lessened by fall in commodity prices.
Pitcher Partners Dr Richard Shrapnel says baby boomers are running out of time to hand their business over to the next generation, (Succession Reset 2014 business succession report.)
Pitcher Partners Dr Richard Shrapnel talks to Justin Smith about the new era of business succession in families.
Pitcher Partners David Lane says buying from stores and not online is now more attractive for Australian consumers.
Pitcher Partners David Lane says Australian online shoppers may start buying locally because of the weaker exchange rate.
Pitcher Partners Dr Richard Shrapnel talks about the Succession Reset: Family Business Succession in the 21st Century report 2014 with business editor Sheryle Bagwell at 8.20am.
Pitcher Partners Dr Richard Shrapnel talks to Ross and John on Radio 3AW about the importance of planning for business succession in families.
Pitcher Partners Dr Richard Shrapnel warns baby boomers without a business succession plan risk eroding the value of their family business — in new Succession Reset 2014 report.
Pitcher Partners Dr Richard Shrapnel in Succession Reset 2014 report says it’s not about gender it’s about building financial capacity and skills in a business.
Pitcher Partners David Lane says local products will be more attractive to Australian online shoppers.
Pitcher Partners David Lane says a weakening Australian dollar means Australian retail shops are more attractive than international online purchases.
Pitcher Partners director David Lane says weakening dollar brings benefits to retail and tourism.
Pitcher Partners Chris Ball agrees if you charge higher prices in Australia then the premium should be taxable here.
Pitcher Partners Simon Johnson says Australia has a distinct advantage in financial services in Asia given our stable financial system.
Pitcher Partners Chris Ball says transfer pricing cases are difficult with ATO losing two brought about by multinationals on appeal.
Pitcher Partners Rohini Kappadath says India’s manufacturing push is to attract global companies and investors seeking an alternative to China.
Pitcher Partners David Foulds says binding nominations should be reviewed regularly as they can survive a divorce … ex-spouses may receive a big payment from the deceased even if that wasn’t the intention.
Pitcher Partners received almost 2000 applications for 85 graduate positions this year: Pitcher Partners Chairman Don Rankin.
Einsights’ first self-service, cloud-based business analytics tool is a game changer for people trying to make sense of their company data: Einsights CEO Sandeep Rao.
You need cash flow upfront to fund a business: Pitcher Partners partner David Staples.
What are the tax liabilities when buying and selling international shares: Pitcher Partners Theo Sakell.
How multinationals are dodging the taxman in Australia: Pitcher Partners Chris Ball.
Pitcher Partners Investment Services satisfy the three limbs of independence under section 923A of the Corporations Act 2001.
Hockey will need help from the US to make any progress on rebuilding Australia’s tax base: Pitcher Partners Chris Ball.
Removing tax breaks increases compliance costs for SMEs and leaves them less to invest in capital: Pitcher Partners Greg Nielsen.
Pitcher Partners has had its best year in half a decade, hitting $170.5 million in consolidated income.
Growth not convincing with signs of trouble in mining, tourism and retail: Pitcher Partners David Lane.
Investors took the Harvey Norman yearly result as an indication that retail was on the road to recovery: Pitcher Partners David Lane.
Healthcare stock a standout with strong numbers from CSL, Ramsay Healthcare & improved performance at Cochlear: Pitcher Partners David Lane.
See Pitcher Partners 2014 Federal Budget commentary.
Proposal to remove GST exemption will hit M&A activity particularly in the SME market: Pitcher Partners Matthew Pringle.
People will still pay extra super contributions because it’s only 30% tax and not 46.5% top marginal rate tax: Pitcher Partners partner Julie Strack.
Strategic risks come in many forms such as power failures, cash flow crises or IT failure: Pitcher Partners Graham Noriskin.
People are still putting money into super despite tax: Pitcher Partners Julie Strack.
Lend Lease has been boosted by a resurgence in residential construction: Pitcher Partners director of wealth management David Lane.
Extract excess working capital from the business and build a diversified portfolio of passive investments into properties, equities, cash and fixed interest: Pitcher Partners Investment Advisory partner Adam Stanley.
Goodbye, goodbye: Court slams Chris and Marie’s Plant Farms for stripping business bare, SmartCompany, 27 Aug 2014
Don’t get caught with offshore income and assets by Tax Office – come clean and save yourself a large tax bill: Pitcher Partners international tax partner Denise Honey.
Pitcher Partners has had its best year since 2009 driven by client wins and we expect consolidated revenue at around $170 million: Pitcher Partners Chairman Don Rankin.
There’s a strong exposure to the US and an improving outlook for the Australian residential construction market: Pitcher Partners director David Lane
John Hewson says Joe Hockey’s unpopular budget won’t fix soaring unemployment figures, News Ltd syndicated nationally, 8 Aug 2014
Latest unemployment rise will quieten anyone who suggests RBA may raise interest rates to curb inflation: Pitcher Partners David Lane.
Latest employment rise will quieten anyone who suggests RBA may raise interest rates to curb inflation: Pitcher Partners wealth management director David Lane.
Getting money out of family structures will be more expensive: Lander and Rogers partner Craig Henderson.
Would you obtain advice from a financial advisor who obtained their licence in two weeks: Pitcher Partners Investment Advisory partner Sue Dahn.
People may be up for large tax liabilities when shifting assets from private companies during divorce settlements: Pitcher Partners tax partner Julie Strack.
Pitcher Partners Investment Advisory partner Sue Dahn talks to Tim Stewart about wealth management.
Make sure your business is secure: Pitcher Partners Sydney managing partner Carl Millington.
Cash, missing cars fail to spark criminal probe in to indigenous body, Fairfax media press, 12 July 2014
Poor financial control and poor strategic management were likely factors which contributed to the corporation’s failure: Pitcher Partners Bryan Hughes.
How to generate returns that satisfy investors using active and passive strategies: Pitcher Partners Investment Advisory director Andrew Aylward.
We’re dealing with a number of parties with a view to trying to find a sale at an appropriate price: Pitcher Partners Andrew Yeo.
The ATO needs balance between compliance and administration costs: Pitcher Partners partner Leon Mok.
The ATO needs balance between compliance and administration costs: Pitcher Partners partner Leon Mok.
Big mistake to not properly understand employee complaints: Wise Workplace managing director Vince Scopelliti.
If there are restrictions on lump sums out of super, less will go in, says Pitcher Partners Investment Advisory partner Sue Dahn.
Pitcher Partners Global Business Succession survey reports 89% of respondents believe continuity of a business is important once they have engaged in business succession planning: Pitcher Partners partner Richard Shrapnel.
Australia should take advantage of its clean, green image for red meats, vegetables and fruit: Pitcher Partners cross border business director Rohini Kappadath.
The Pitcher Partners Association has the resources and depth of technical expertise that few can match nationally: Pitcher Partners chairman Don Rankin.
What you need to do to open a bar in Brisbane: Pitcher Partners partner Cole Wilkinson.
Property trusts will deliver worthwhile returns for professional investors and DIY funds: Pitcher Partners investment advisory partner Sue Dahn.
What to do with family trusts and salary packaging before 30 June: Pitcher Partners partner Peter Braine.
Businesses can bring forward R&D spending in the current financial year to claim the biggest benefit: Pitcher Partners partner Peter Braine.
Around 75% of business owners have no exit strategy: Pitcher Partners Global Business Succession Survey.
Black hole provisions mean you can make deductions for certain capital costs when starting up a business structure: Pitcher Partners partner Julie Strack.
Some SMEs will no longer need to lodge BAS: Pitcher Partners partner David Knowles.
People are the key ingredient when a business goes through change: Pitcher Partners IT Consulting manager Roma Jain.
Eight things you need to know to get your SMSF ready for the end of the financial year, Property Observer, 18 June 2014
Increase of super guarantee to 9.50% has the potential to affect salary sacrifice contribution arrangements: Pitcher Partners director of superannuation Brad Twentyman.
End-of-year tax tip: dispose of any underperforming property or shares in your portfolio and bring forward capital losses to reduce assessable income: Pitcher Partners Scott Treatt.
Strike debts from accounts and claim a tax deduction for them: Pitcher Partners partner Scott Treatt.
Bring forward deductible expenses such as repairs and maintenance into the current year: Pitcher Partners partner Peter Braine.
CGT can be the deal buster when selling larger businesses: Pitcher Partners partner Chris Ball.
ATO is taking a harder look at no or low interest limited-recourse borrowing arrangements within SMSFs for property: Pitcher Partners superannuation director Brad Twentyman.
The yield play will continue and investors will look at other asset classes to play that out: Pitcher Partners Investment Advisory partner Sue Dahn.
Franking credits is a very live issue: Pitcher Partners partner Peter Braine.
The Pitcher Partners 2013-14 State Tax Review highlights that South Australia is a very affordable state in which to conduct business.
SMEs may not be publicly listed but they do an enormous amount of good for the country and employ a lot of people: Pitcher Partners national chairman Don Rankin.
The ATO’s data on SMEs is robust and detailed so make sure you have your paperwork in order: Pitcher Partners’ tax partner Theo Sakell.
SMEs will be spared the pain in reforms to profit shifting and tightening of thin cap rules: Pitcher Partners Theo Sakell.
Small business owners can rest assure that not many will be hit with both the Debt Levy and PPL: Pitcher Partners partner David Knowles.
$10m plus funds are made up of people who are savers, not spenders, and they make good investment decisions: Pitcher Partners director of superannuation Brad Twentyman.
Taxpayers will be able to invest in their business working capital under proposed changes to trusts: Pitcher Partners Greg Nielsen.
Division 7A is responsible for some of the highest compliance costs faced by small to middle market business: Pitcher Partners Greg Nielsen
New business opps in India – are Australian businesses up for the challenge? Pitcher Partners Rohini Kappadath.
As the largest democracy in the world is open for business, India should be back on Australia’s radar: Pitcher Partners Rohini Kappadath.
Businesses will pass on cost of fuel excise to their customers: Pitcher Partners partner Craig Whatman.
Business in India – Australians need cultural, business and tax advice to avoid mistakes: Pitcher Partners Rohini Kappadath.
Businesses will have to work out whether they can pass on the extra cost through increased prices: Pitcher Partners Craig Whatman.
Super pension payments will now have an income test. What next? Pitcher Partners Brad Twentyman.
49 per cent top personal income tax rate is high relative to other countries and could make it harder for Australian companies to attract talent: Pitcher Partners Theo Sakell.
Anyone salary sacrificing for cars may need to review their arrangements: Pitcher Partners Peter Braine.
Competition between large-scale residential high-rise buildings and infrastructure could push up prices in Victoria: Pitcher Partners Craig Whatman.
Moving assets around to avoid tax will get you into trouble: Pitcher Partners Theo Sakell.
Deficit tax could lead to less money being into business and less discretionary spending: Pitcher Partners partner Theo Sakell.
The economy is finely balanced as it transitions away from mining investment into broader investment spending: Pitcher Partners research director Andrew Aylward.
Careers profile on Pitcher Partners insolvency manager Annabelle Molan.
This tax will affect all industries that use fuel in their business: Pitcher Partners partner Craig Whatman.
Victorian Budget is ‘light on’ for business, says Pitcher Partners partner Craig Whatman.
Victorian Government should either increase payroll tax threshold or reduce rate of payroll tax: 3AW news bulletin with Pitcher Partners Craig Whatman.
There are not enought board members with sufficient experience in Asian markets in private and smaller organisations: Pitcher Partners cross border business director Rohini Kappadath.
Budget 2014: How will the Commission of Audit recommendations affect your business? SmartCompany, 2 May 2014
Commission of Audit could be a real game changer particularly if the family home is included in assessments: Pitcher Partners David Knowles.
Commission of Audit long overdue but leaves no time for discussion before the Federal Budget: Pitcher Partners Michael Langhammer and David Knowles.
Payroll tax is the biggest impost to Victorian businesses and halting their competitiveness: Pitcher Partners partner Craig Whatman.
Gartner reports cloud computing is one of the four technology priorities for chief information officers in 2014: Pitcher Partners IT consulting principal Neil Schmoll.
Pitcher Partners Craig Whatman talks to SkyNews Business reporter Harry Frost on the business ‘wishlist’ for the Victorian Budget
Many big families have 3-5 per cent of their portfolio in private equity: Pitcher Partners Investment Advisory partner Sue Dahn.
The ATO’s draft ruling on ‘arm’s length transactions’ in transfer pricing is too broad and will cost businesses money: Pitcher Partners international tax partner Denise Honey.
How the new Basel III capital and liquidity rules affect investors: Pitcher Partners Investment Advisory partner Adam Stanley.
The accountant of the future will be an analyst … those who can’t make the shift won’t have a job: Pitcher Partners Chairman Don Rankin.
We’re talking to PE firms, venture capitalists and private investors, and seeking interest from trade partners in Asia who want a distribution network: Pitcher Partners partner Simon Johnson.
OECD proposals would result in hefty compliance costs for SMEs and taxpayers won’t be able to easily access benefits of a tax treaty: Pitcher Partners OECD BEPS 6 submission.
Are you ready to work until you’re 70? Hockey plans to raise retirement age, SmartCompany, 14 April 2014
Older employees can mentor younger people and help with transition: Pitcher Partners partner Adrian Fitzpatrick.
Shake-up in manufacturing and decline in mining lead to increase in personal insolvencies in Vic and WA, Law Chat, 14 April 2014
Restructuring of the manufacturing industry in Victoria and decline in the mining industry in WA are the most probable causes for the increase in personal insolvency activity: Pitcher Partners partner Gess Rambaldi.
Regional Qld small businesses brace for cyclone Ita: How to prepare for a natural disaster, SmartCompany, 11 April 2014
The biggest concern for businesses in Cooktown at this stage will be the safety of the staff and cash flow: Pitcher Partners partner Brett Headrick.
No balance between compliance costs and revenue risks for SMEs in OECD BEPS draft: Pitcher Partners submission.
Closure of manufacturing plants led to poor results [reflected by 8.67% increase in personal insolvencies] in Victoria: Pitcher Partners partner Gess Rambaldi.
Record rise in Qld debt agreements is due to targetted marketing by debt agreement administrators – specifically in the Gold Coast: Pitcher Partners partner Gess Rambaldi.
Leading indicators of employment have now turned positive and are providing bullish signals for employment over the next twelve months: Pitcher Partners Investment Advisory research director Andrew Aylward.
The cost of administering the personal insolvency system will be funded by debtors: Pitcher Partners Gess Rambaldi.
The Federal Government needs to accelerate tax changes, such as Division 7a changes, and to make sure more is done to support small business: Pitcher Partners partner Theo Sakell.
Leaving a good legacy should motivate our leaders, not power or self-interest: Pitcher Partners partner Ian Stewart.
Will Japanese equities continue to grow following an incredible 57% return in 2013? Pitcher Partners Investment Advisory Director Andrew Aylward joins an Investment Magazine forum.
Making the right investment decision depends on what stage of the wealth cycle you and your business are in: Pitcher Partners Wealth Management Director Jordan Kennedy.
Extra savings to super guarantee in the first 20 years of adult life will clear debt and build retirement savings by 40: Pitcher Partners Investment Advisory partner Sue Dahn.
Taxpayers should closely review their foreign investments to ascertain whether there are any amounts which should be disclosed to the ATO: Pitcher Partners international tax partner Denise Honey.
The draconian effect of unfranked dividends has led to significant compliance issues for many taxpayers: Pitcher Partners Greg Nielsen.
Good news for SMEs – the Board of Taxation’s 10-year option will significantly reduce compliance costs with Division 7a: Pitcher Partners Greg Nielsen.
Another layer of regulation on companies would deter foreign investment into Australia: Pitcher Partners Denise Honey.
Trustees must adhere to a governance structure that is designed to ensure the fund acts in compliance with an investment strategy that is well-documented, thoughtful and well-diversified: Pitcher Partners Investment Advisory Sue Dahn.
Middle-market taxpayers with external borrowings should be able to automatically apply for the [arm’s length debt] test: Pitcher Partners in its Thin Capitalisation Arm’s Length Debt Test submission to Treasury.
The Reserve Bank is starting to focus more on investor demand for housing, despite noting there has been no deterioration in lending standards: Pitcher Partners Andrew Aylward.
The ATO specifies the two types of home office expenses as occupancy costs and running expenses: Pitcher Partners Paul Glover.
The wrong investment could be a crown of thorns particularly when gearing a SMSF to buy property: Pitcher Partners Adam Stanley.
The risks of gearing in a SMSF are glossed over or not discussed at all: Pitcher Partners Adam Stanley.
Jobs and employment loom as big issues for 2014 South Australian election, Adelaide Advertiser, 9 March 2014
South Australia’s lower payroll tax rate and stamp duty savings stemming from low property prices make it easier for businesses to set up in that State: Pitcher Partners State Tax Review 2013/2014
Information required for ATO’s data-matching is too broad and will increase compliance costs: Pitcher Partners Theo Sakell.
It’s crucial that the ATO uses quality information in its data-matching: Pitcher Partners.
A great deal of knowledge and experience walks out the door when you cut staff: Pitcher Partners David Staples.
SMEs need to get global to survive the domestic post GFC downturn: Pitcher Partners Chris Ball.
Another layer of regulation on companies would deter foreign investment into Australia: Pitcher Partners Denise Honey.
Kiwis have access to Australian markets, skill bases and potential profit gains: Pitcher Partners partner Adrian Fitzpatrick.
It’s not hard to recruit accounting graduates in the current market: Pitcher Partners HR director Elizabeth Nunez.
You will retain staff if you reward them financially, create clear opportunities for career growth and provide a flexible workplace with minimal stress and conflict: Pitcher Partners HR director Elizabeth Nunez.
A tough May Federal Budget could continue to have adverse impacts on the employment front: Pitcher Partners partner Sue Dahn.
Manufacturers need to innovate, invest in the latest technology and look for new markets: Pitcher Partners partner Adrian Fitzpatrick.
SMSF trustees need to look at the Four Pillars of Investment before embarking on any strategy: Pitcher Partners partner Sue Dahn.
Building trust with customers and avoiding surprises usually leads to customer retention: Pitcher Partners partner David Staples.
A lower Australian dollar could help our retailers compete with online orders from overseas: Pitcher Partners partner Adrian Fitzpatrick.
It’s better for parents to pay off their own mortgage and give their kids a ‘soft loan’ to help them get on their feet: Pitcher Partners partner David Staples.
Holiday homes: finances aside, the pros and cons come down to a generational outlook, Property Observer, 10 January 2014
Do your sums before buying a holiday home; the reality could be a financial black hole not a sanctuary: Pitcher Partners partner David Staples.
Domiciling offshore means easier capital raising with prospective joint venture capital partners and less complicated exits: Pitcher Partners partner Adrian Clerici.
SMEs need to be aware of tax changes to avoid inadvertent fraudulent claims: Pitcher Partners tax partner Greg Nielsen.
KDK Media delivers high-level PR and corporate strategies, crisis management, media training, business writing, blogs, websites and social media strategies across all industries in the private and public sectors.
Need to raise or manage your profile in newspapers, radio, TV, online or social media? Contact Karin Krueger on 0419 991 267