As touched on before, the supply of new vehicles to the Australian market is constricted. The constricted supply and recent surges in demand have pushed prices and gross margins to the highest on record, not only in new vehicles but also in the used car market. Speaking with our dealer clients, stock is limited, new orders face large wait times and average days inventory is down significantly from pre-pandemic levels.
Semiconductors Car manufacturers have suffered from a shortage of semiconductors since 2018 due to trade wars and then raw material shortages that were exacerbated by three separate factory fires, the Pandemic and other natural disasters. The auto manufacturers made the situation worse when facing dramatic declines in sales at the onset of the pandemic they […]
The key macroeconomic conditions that will provide headwinds for dealers in the next 12 months have been identified.
Pitcher Partners and McMahon Clarke together with the Melbourne and Sydney Compliance Groups held a Compliance Committee Forum Webinar, covering some of the latest issues for financial services.
Recent media articles speculating on possible superannuation changes in the upcoming Federal Budget on 25 October 2022 have many questioning what they should be doing with their super before Budget night.
The Windfall Gains Tax is Victoria’s newest property tax, which will apply to certain rezonings of land from 1 July 2023 onwards.
Since being announced last year, it has attracted significant attention and controversy due to the impact on property development transactions and the market more generally, as well as the challenges it is already creating for landowners, purchasers and developers.
When the ATO released the Draft Ruling last week, the existing residency rulings IT 2650 and TR 98/17, were withdrawn.
It would appear the ATO has released the Draft Ruling to modernise the previous rulings (which were both released in the 1990s) and to incorporate key findings from recent residency cases, in particular Addy, Pike and Harding.
As part of our commitment to supporting the Not-for-profit sector adapt, grow and achieve strategic initiatives, we wanted to understand first-hand how NFPs are responding to the constantly changing landscape.
The third edition of Pitcher Partners Business Radar gathered critical insights that highlight the key challenges, opportunities and trends facing Australia’s mid-market businesses and what they’re doing to grow and thrive. Interestingly, despite general operational upheaval, many businesses are feeling optimistic as we move forward from the COVID fog.
As the automotive industry continues to evolve and change and there are a number of trends emerging which impact dealership values, some of our key observations are as follows:
Thank you for you interest