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Australia

There are few industries as competitive as the tourism and hospitality sector. Fluctuating exchange rates, tight margins and increased regulation across the sector all have a significant impact on your business.

Whether you own a pub, develop hotels or even run an adventure tour operation, staying in touch with the latest trends, drivers and market developments is imperative to running a viable and successful business.

Our hospitality and tourism team has a working knowledge of the industry which, when combined with our technical knowledge, can assist you in reaching your commercial goals.

Our advisors take the time to understand your short, medium and long term strategic direction. Doing so enables us to help improve business performance, reduce risk and increase after tax profits.

We advise a broad range of hospitality and tourism businesses in the following specific areas:
  • Audit, accounting and tax compliance
  • Industry benchmarking and analysis
  • Management accounting
  • Budgets and cash flow forecasting
  • Pre-lending reviews
  • Capital raisings
  • Business and leasehold valuations
  • Mergers and acquisitions

Latest insights from our Hospitality & Tourism team

Hospitality & Tourism Industry Specialists

Explore other industries

Agribusiness

A diverse industry that contributes significantly to Australia’s economy, Agribusiness is up against an increasing number of challenges to operating profitably. We can help you navigate the impacts of shifting tax legislating, a fluctuating economy and variable commodity prices to reach results at each stage of your business’ lifecycle.

Education

New Zealand’s ever-changing and competitive education sector is experiencing a period of both growth and disruption. New service models emerged throughout the pandemic along with changing demands from parents and students. Our experienced advisors can assist you to meet these demands and leverage opportunities for expansion both here and internationally.

Government

Increased accountability, competing stakeholder needs and restricted budgets are just some of the demands faced by government entities today.

Health

Rapidly accelerating technological developments, a growing and ageing population, increasing demands from patients for affordable and remote services, a lack of substantial funding and impacts of a continuing pandemic are just some of the challenges this vital sector is up against. Despite the potential issues caused by these challenges, they also present opportunity.

Manufacturing

Government incentives, industry reforms and the emergence of Advanced Manufacturing are all driving a revived manufacturing industry with vast opportunities. Meanwhile, an increasing number of industry associations aim to support the sector by boosting productivity, improving competitiveness and enhancing sustainability.

Mining & Energy

Located on the doorstep of growing populations and emerging economies, with diverse and abundant mineral and energy reserves and a skilled workforce, Australia is poised to benefit from the rising international demand for resources through continued inbound investment and cross-border opportunities in the sector.

Not for Profit

Good corporate governance, flexibility and an understanding of changing regulatory requirements are the keys to success in Australia’s purpose-driven not for profit sector. Highly collaborative organisations work with government entities and private businesses to make long lasting impact and deliver for Australians.

Professional Services

A strong and emerging industry in Australia, professional services practitioners operate in franchising, legal and accounting, advertising, engineering, business consulting and many more. Key concerns for the sector are skilled workforce shortages, staff retention and changing regulations.

Property & Construction

As your property specialists, We’re here to help you lay a solid foundation by structuring your project in a commercially attractive manner while managing your tax position to maximise project return. Our scalable solution means you can engage us for a specific part of your development or the entire project.

Retail & Wholesale

Largely consisting of SME businesses, Australia’s highly competitive retail and wholesale industry attracts players from many overseas markets. While the pandemic had markedly different impacts on the various subsectors of the industry, eCommerce benefitted from the temporary shutdown of physical stores and increased online shopping – a trend which has continued.

Technology

Fast growing and aspirational, Australia’s tech sector is currently the third highest contributor to gross domestic product and employs over half a million people. William Buck has significant experience assisting SaaS companies and other tech subsectors to scale, raise capital, identify growth opportunities in transactions and manage divestment mandates.

Transport & Distribution

While previously segregated into several subsectors, the industry is increasingly integrated and employs over half a million people across the country. With new technology including automation shaping the industry, new and emerging skills and business processes are required.