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Pitcher Partners Sydney 2025 Sustainability Review: progress with purpose

Key points: Pitcher Partners Sydney has released its inaugural Sustainability Review, marking a significant milestone in the firm’s approach to ESG transparency and accountability The review highlights progress across governance, social and environmental priorities, including community giving, gender equity initiatives and a first carbon emissions baseline The review reflects the firm’s commitment to embedding sustainability […]

Super contribution caps are increasing from 1 July 2026 and the real cost is doing nothing

From 1 July 2026, changes to Australia’s superannuation contribution caps will give individuals more flexibility to build their retirement savings. Higher concessional and non-concessional caps create new opportunities to grow your super through compounding. Even modest increases, applied consistently, can materially improve long-term retirement outcomes. Making the most of these changes requires timely action – […]

R&D Tax Incentives: Getting the accounting right

Key points The refundable/non‑refundable distinction is the starting point for determining whether R&D offsets are accounted for as grants (AASB 120) or income taxes (AASB 112). Refundable offsets are usually accounted for as government grants, while non‑refundable offsets are typically treated as income tax. The most common problems are premature recognition, inconsistent policies and thin […]

Unregulated AI: advancements at what cost?

Key points: The global AI race currently prioritises growth over safety, and regulation lags behind Unchecked AI controlling critical infrastructure may pose potentially catastrophic risks There are calls for stronger global regulations – overshadowed by AI’s financial benefits Businesses are increasingly turning to generative AI as a tool to boost productivity, support innovation and leverage […]

Your first audit: Practical steps and top 10 accounting issues

Key points: Early preparation is critical. It sets the foundation for a smooth first‑year audit. Technical uplift will require considerable time and effort. Applying Australian Accounting Standards (AASs) for the first time may require a reassessment of current accounting practices and can be time consuming. Unexpected commercial impacts can result. Applying AASs can have unforeseen impacts on […]

Ending the revolving door of hospitality staff

Key points: Pubs that retain staff focus on creating a positive workplace culture, not just offering higher wages. Recognition, growth opportunities, mentoring, and team-building initiatives strengthen loyalty and reduce turnover. Better culture, better business: A retention-focused workplace boosts service quality, report higher average spend, customer satisfaction, and develops future leaders. Why hospitality staff turnover is […]

Victorian State Taxes 2026: Key deadlines and changes for property owners and investors

Key points: Vacant Residential Land Tax (VRLT) – Annual notification deadline now 15 February; unimproved residential land may be subject to VRLT Land Tax – 2026 assessments issued from late January; Absentee Owner Surcharge notification due 15 January Congestion Levy – 73% rate increase affecting existing and new levy areas including in Cremorne, Richmond, South […]

A leader’s survival guide to migrating payroll

Key points: Payroll is critical to good governance, sitting at the intersection of compliance, employee trust, and strategy  Migration is strategic, not just technical – Drivers include compliance risks, mergers, poor employee experience, and hidden costs of legacy systems  Success relies on data cleansing, award configuration, rigorous testing, change management, and strong cross-functional leadership  In 2026, payroll is […]

NVES and its impact on Australia’s Automotive Market

Key points: New Vehicle Efficiency Standard (NVES) turns vehicle emissions into a direct commercial cost, requiring OEMs to either reduce fleet emissions or purchase credits, with penalties likely flowing through to vehicle pricing. Penalty exposure escalates rapidly under NVES, disproportionately impacting high-volume and LCV-heavy brands as emissions overruns are multiplied across total units sold. NVES […]

Understanding NVES – policy, coverage, and compliance mechanisms

Key points: New Vehicle Efficiency Standard (NVES) applies to most passenger vehicles and light commercial vehicles under 4.5 tonnes, with compliance responsibility sitting with the party that holds type approval and first enters the vehicle onto the RAV. The unit trading scheme is the core compliance mechanism, allowing suppliers that outperform emissions targets to bank […]

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