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 […]
Pitcher Partners is pleased to present its 12th annual Deal Pulse, titled “Stay and play”, highlighting Queensland’s Merger & Acquisition (M&A) activity for calendar year 2025. Queensland recorded 264 transactions, marginally down from 272 deals in the prior year. Whilst volumes softened slightly, activity remained resilient and was anchored by industries supporting Queensland’s rapidly growing […]
Key points From 1 July 2026, employees must receive their super within seven business days of payday Businesses should act now to review and update relevant internal processes to ensure compliance Strong internal controls and test pay cycles help prevent penalties and audit risks before go-live Superannuation Guarantee is a staple in payroll administration and the biggest shake-up in years is around the […]
Key points Volume rebates and customer loyalty programs are accounted for under AASB 15 Careful consideration of these are required as they impact the recognition of revenue and liabilities Applying AASB 15 often involves significant judgement, and entities should seek expert advice for complex or unique circumstances Many inventory-based businesses offer customers a number of incentives to enhance customer loyalty. This article considers two common arrangements, being volume rebates and customer loyalty programs, and the […]
Key points Pitcher Partners Brisbane has released its inaugural 2025 Sustainability Report, establishing a baseline for the firm’s ESG performance The report highlights progress across environmental, social and governance pillars, including wellbeing initiatives, community partnerships, emissions measurement and strengthened governance practices The report acknowledges the Australian Sustainability Reporting Standards published by the AASB and reflects […]
UPDATE November 13, 2025 – This report has been updated to reflect the changes in the legislation. Our latest national employment taxes update is now available. Key developments include: Payday Super reforms (requiring superannuation payments within seven business days of each payday from 1 July 2026) Heightened scrutiny on correct worker classification following recent High […]
Why do clients choose your business? Often, it’s your people, those who build customer trust with your products and services, and manage complex problems that make your business better. It’s rarely because of the tools you use. And this is one of the misunderstandings about AI. It is a powerful enabler of people, and […]
Key points Customer rights to return products and extended warranties are accounted for under AASB 15 Careful consideration of these are required as they impact the recognition of revenue, assets and liabilities Applying AASB 15 often involves significant judgement, and entities should seek expert advice for complex or unique circumstances. Many inventory-based businesses offer customers a […]
(February 24, 2026) – Read our latest Payday Super update here: Payday Super 2026: what Australian employers need to know before 1 July Key points Payday Super regime will commence on 1 July 2026, ensuring employee Superannuation Guarantee (SG) is paid in line with their salary and wages. The reform will require employers to pay […]
Key points Cost savings should be reinvested strategically, creating capacity for innovation, market expansion and stronger client experiences. Clear communication and progress markers keep teams engaged, ensuring efficiency gains translate into shared goals rather than lost momentum. New value streams often emerge through rethinking processes and products. There is a paradox playing out in Australia’s […]
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