Australia
How to ensure your family has the right investment advice

By Erik Solum on 11/10/24 - Mins to read: 3 minutes

For families who have spent years building wealth—often through a business or concentrated investment—the decision to establish a Family Office marks a meaningful turning point. It signals a shift from growth to stewardship, from hands-on control to long-term planning. However, this is just the beginning. One of the most important...
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Unresolved payroll tax issues and implications for practice owners

By William Buck on 11/10/24 - Mins to read: 3 minutes

Payroll tax continues to be a significant concern for medical practice owners across Australia. Although various state governments released legislation to confirm the application of payroll tax to general practices, there are still unresolved issues, leaving practice owners in a state of uncertainty and unease. Unaddressed issues The primary issues...
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Payroll tax for medical practices: a state-by-state analysis

By William Buck on 11/10/24 - Mins to read: 3 minutes

The ongoing debate around payroll tax for medical practices and its impact on General Practices continues. Since 2023, several Australian state revenue offices have released rulings that aimed to clarify their approach to the medical payroll tax, specifically focusing on contractor arrangements between doctors and medical centres. The rulings were...
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Options available to wind up your company

By Michelle Viscardi on 11/10/24 - Mins to read: 3 minutes

For some Chief Financial Officers, there might come a time when the wind up of your company, or of a related company, is inevitable. The decision on when to wind up a company is very important. Just as important is what type of wind up approach is appropriate in the...
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How governance has become a strategic edge for manufacturing businesses

By Jeffrey Luckins on 11/10/24 - Mins to read: 3 minutes

In manufacturing today, strong governance is the foundation of resilience, competitiveness and growth. Businesses that treat governance as a strategic weapon, not just a compliance exercise, will be the ones that survive disruption, protect value and lead the next era of Australian industry. In 2023, the Australian Securities and Investments...
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Mandatory sustainability reporting has arrived in Australia

By Mark Smit on 11/10/24 - Mins to read: 3 minutes

Australia’s new sustainability reporting framework is now in effect, requiring certain entities reporting under Chapter 2M of the Corporations Act 2001 (the Act) to prepare a sustainability report that includes climate-related financial disclosures in accordance with the Australian Sustainability Reporting Standards (ASRS) issued by the Australian Accounting Standards Board (AASB)....
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