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:
What retail owner hasn’t observed a major acquisition or sale play out in their industry and dreamt of their own irresistible offer from a potential buyer? Zimmermann changing hands for $1.75 billion. Bondi Sands being snapped up for $450 million. Tattarang sweeping up the iconic RM Williams and Akubra brands. All life-changing deals for their […]
As Not-For-Profit (NFP) organisations become more reliant on technology to manage their operations, they also become more vulnerable to cyber threats. Understanding and adapting to current trends in cyber security is vital for protecting sensitive donor data and mitigating any potential reputational risks. The importance of data privacy and compliance is becoming more pronounced with […]
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 […]
As a middle market business owner, you have a lot on your plate. You are responsible for the vision, strategy, and growth of your company. You have to manage multiple stakeholders and navigate the challenges and opportunities of a changing market and economic landscape. You have to balance the needs of your employees, your customers, […]
When a hurricane heads towards Florida, it isn’t automatically expected to make waves in Australian investments, but that’s one of the implications of Helene, which ripped through southern US states over the weekend, devastating a large swathe of North Carolina, writes Jordan Kennedy from Pitcher Partners Sydney Wealth Management. Smack in the path of the […]
Spring is a season of renewal, growth, and optimism. Traditionally it’s time to air out the house, take stock of how the year is going and see what needs to still be achieved. It’s also a great time to take a look at your business and see how healthy it is. But what exactly is […]
This article first appeared in TaxVine, a members newsletter from The Tax Institute. On 6 September 2024, the New South Wales Supreme Court delivered its decision in Uber Australia Pty Ltd v Chief Commissioner of State Revenue [2024] NSWSC 1124 (Uber). The Court considered whether Uber’s payments to drivers were subject to payroll tax, ultimately deciding in […]
When Generative AI burst on the scene with the release of ChatGPT in November 2022, the barriers to adoption for law firms seemed to outweigh the benefits. There were questions around data leakage, some high-profile examples of ‘hallucination’ (the fictitious creation of legal precedents), and concerns that adopting AI could introduce errors into legal documents. […]
When a business gets busy, the risk of fraud and financial error rises. You might have an employee who has forgotten to remove the corporate credit card from their online account. You might have the finance team paying invoices for services that haven’t actually been supplied. Or you might have something more sinister: a senior […]
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