In April 2024, Treasury released for comment exposure draft legislation (see here) seeking to introduce income tax concessions for Build-to-rent property developments to give effect to a Federal Budget announcement made on 9 May 2023. The proposed concessions consist of a capital works deduction rate of 4% per year and a reduced withholding tax rate […]
Handing over a business to your children takes a long time and can be emotionally draining but when executed well, it is rewarding for you and reassuring for those involved in the business including family, staff, customers and suppliers. Social media would have you believe presenting your son or daughter with the keys to your […]
This is the third iteration of the Pitcher Partners Motor Industry Services – Australian Listed Dealer Comparison. Gain insight into the three listed motor dealer groups and explore how economic constraints and improved supply chain issues affected them. This report covers: 2023 results and 2023/24 outlook Current market conditions The industry at a glance
Productivity growth of 1% doesn’t seem like much. It’s the sort of target that feels approachable without the need for wholesale change. But what seems like a marginal improvement can deliver in a big way for individual companies and the wider economy. In terms of labour productivity – which is what the Reserve Bank and […]
Expanding to new markets offers many opportunities, including helping to grow revenue streams, increase staffing opportunities and facilitate strategic acquisitions. Professional services as a whole are in an exciting period of growth on an international scale, with several notable partnerships and expansion. For example, UK top-60 law firm Taylor Rose MW chose to partner with […]
On 20 March 2024, the Victorian Government introduced the Commercial and Industrial Property Tax Reform Bill 2024 (Bill) into Parliament. The Bill establishes the new Commercial and Industrial Property Tax (CIPT). The introduction of the Bill follows the announcement in the Victorian Government’s 2023-2024 State Budget of its intention to progressively abolish stamp duty on […]
Pitcher Partners is pleased to present Deal Pulse for its tenth year, with our “Resourceful” report highlighting Queensland merger and acquisition (M&A) activity for the calendar year 2023. Queensland M&A has remained remarkably “Resourceful” during 2023 and a globally reducing deal environment. Overall, the 10th annual Queensland Deal Pulse report saw: Volumes – 250 deals […]
Lateral hires support succession and a CFO is often uniquely placed to step up as CEO Making the jump can minimise business disruption, retain business knowledge and leverage relationships Team trust, an ability to influence and broad business knowledge can ready a CFO for the top job In a dynamic talent market it’s more important […]
When the mergers and acquisitions (M&A) market stalls — as it seemed to do last year — there is a tendency to focus on the negatives of tough economic conditions, low risk appetite and rising interest rates. But Pitcher Partners’ Dealmakers survey shows the Australian M&A market is about to go up a few gears in 2024. […]
Key points: Australian retailers are facing numerous economic challenges and disruptions to business Maintaining a firm oversight on costs and developing contingency plans will strengthen your business Customer loyalty, value creation and investing in your people are key to growing market share The retail headwinds just seem to keep coming. Retailers have endured narrowing margins, […]
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