Key points: The stamp duty concession for off-the-plan properties in Victoria extended to investors and the price cap removed for all buyers Barriers to bringing projects to market still need to be addressed Early investor engagement is crucial to the development process The announcement that the stamp duty concession for off-the-plan properties in Victoria has […]
The Duties Amendment (More Homes) Bill 2024 (Vic) is now before the Victorian Parliament. The Bill temporarily expands the stamp duty concession for off-the-plan purchases, which allows more purchasers (including investors) to access significant stamp duty savings. What is the bill about? On 29 October 2024, the Duties Amendment (More Homes) Bill 2024 (Vic) (“the […]
Key points: Retailers can take inspiration from hospitality’s efforts to band together Collaboration can improve operational efficiency, productivity and brand loyalty Start small and set the ground rules early to ensure an effective partnership Sectors such as hospitality are scaling collaboration efforts as they face increasingly challenging trading conditions – should retailers take a leaf […]
Key points: The Australian health and wellness industry is booming, with a 7.1% growth expected over the next eight years. Middle market businesses can tap into this growth by updating strategies, investing in R&D, going digital, forming partnerships, and embracing sustainability. Success hinges on agility, proactive leadership, and a knack for innovation and collaboration. The […]
Initially announced in the 2023-24 Federal Budget, Treasury has released draft policy design details on the Payday Super regime following consultation. Recently, Treasury released draft details in relation to the implementation of the Payday Super regime. The proposed measures effectively seek to ensure that Superannuation Guarantee (“SG”) contributions are remitted at the same time as […]
Pitcher Partners and Hall & Wilcox, together with the Melbourne Compliance Group, are delighted to bring to you the Independent compliance committee member forum webinar. Our panel of leading industry experts, led by Harry New of Hall & Wilcox provided updates on the recent developments and challenges facing financial services. Topics included: What fund managers need […]
The Victorian Government has announced that stamp duty will be slashed for those who buy off-the-plan apartments, units and townhouses within the next 12 months. Craig Whatman, Tax Partner at Pitcher Partners Melbourne speaks to Ross and Russ on 3AW Breakfast about the impact this will have on buyers and the property industry:
Key points: Succession planning is vital to avoid a legacy vanishing without a trace Understand your potential buyer: existing management, a local competitor, an international competitor or a private equity fund Passing the torch – a long and complex process, be ready when the right buyer comes along What retail owner hasn’t observed a major […]
Key points: Understanding and adapting to current trends in cyber security is crucial for protecting sensitive donor data and mitigating reputational risk The importance of data privacy and compliance is growing with the reforms to the Australian Privacy Act 1988. Cyber security should be integrated into the overall governance framework of your organisation. As Not-For-Profit […]
Occupational fraud, theft committed by employees, is not a new risk to dealerships, and the recent surge in dealership fraud could have been prevented with better internal controls and the power of technology. Examples are: A general manager using dealership funds to buy trade-ins personally Service managers manipulating repair orders to fudge financial results and […]
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