Merging organisations shouldn’t be about survival, it should be based on opportunity and potential. While Not-for-Profits (NFPs) often find themselves in perilous financial positions as funding and policies shift around them while their needs grow, a merger can provide much more than just financial stability, as Circle Green Community Legal (Circle Green) found.
The big issues affecting Australians, US Citizens, Green Card holders and their Advisors Are you a citizen of the United States of America (U.S) or an adviser to U.S citizens living in Australia? Perhaps, like so many over the past two years, you have found yourself returning to Australia from the U.S? All of these […]
If you want to succeed in M&A, don’t do a deal in a downturn.
For the past decade or so, that’s been the conventional wisdom from the global financial crisis, which saw a collapse in deal volumes and write-downs on value on many acquisitions. In fact, to hear some researchers tell it, almost every M&A deal done in a downturn goes sour.
An upward trend of small-to-medium-sized Not-for-Profits (NFPs) struggling to effectively serve their clients, due to budget pressures and operating scale has seen an increase in NFPs amalgamating with their peers.
On 1 February 2022, the Victorian Government introduced new regulations under the Commercial Tenancy Relief Scheme to provide continued support to small businesses experiencing financial hardship as a result of the ongoing COVID-19 pandemic.
On Sunday 30 January 2022, the NSW Government announced $1bn in additional business support measures aimed at businesses who have been impacted by what they refer to as the “Omicron wave”.
A swathe of Australian businesses could soon be uninsurable for cyber security risks, as the insurance sector grapples with companies with a low security posture combined with soaring ransomware payouts and reinsurance costs.
During COVID-19, the search engine has become hugely important to businesses who sell – it is the inspiration for 43% of online shoppers in Australia.
As the race to secure supplies of COVID-19 rapid antigen tests (RATs) heats up due to the ongoing wave of Omicron throughout the community, it is important for businesses purchasing RATs for employees to be aware of potentially triggering a fringe benefits tax (FBT) event.
Four years after suspending their guidelines relating to the allocation of profits of professional firms, the Australian Taxation Office (“ATO”) released PCG 2021/4 (“Guidelines”) setting out its revised compliance approach.
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