The pandemic supercharged flexibility in the workplace, so what now? People expect more flexibility from workplaces today, and companies that don’t have a formalised flexible workplace policy could miss out on attracting and retaining top talent. Companies should consider the flexible work solutions they can implement to address their people’s needs.
Legislation has been introduced into Parliament that significantly rewrites Australia’s thin capitalisation rules with effect from 1 July 2023, with no grandfathering or transitional relief.
Key points Compliance assurance: Regular management reporting helps medical businesses meet strict state and federal regulations, including those under the Private Health Facilities Act and Regulation. Performance visibility: These reports provide clear insights into financial health, operational efficiency, and progress against KPIs, enabling better decision-making and accountability. Strategic improvement: Quarterly reporting allows medical practices to […]
In June 2023, legislation containing new thin capitalisation rules from 1 July 2023 was introduced into Parliament. Broadly, thin capitalisation applies to entities part of multinational groups that incur debt deductions (e.g. interest) of more than $2 million for an income year (on a group basis).
Last month, legislation was introduced to Parliament that significantly rewrites Australia’s thin capitalisation rules with effect from 1 July 2023, with no grandfathering or transitional rules. The new regime will replace the current asset-based test with an earnings based test that limits net debt deductions to 30% of tax EBITDA.
For business leaders chasing productivity, the introduction of ChatGPT in November 2022 could not have been more perfectly timed.
Key points Set clear and realistic borrowing goals, including how much you need, how it should be structured, and what security you can offer. Prepare detailed financial documentation to demonstrate your business’s capacity to repay the loan. Understand lender expectations and tailor your application to meet their risk and return criteria. How to get a business loan […]
Mid-market businesses are racing to adopt generative AI tools, even if their enthusiasm is outpacing their awareness of challenges and risks, according to the latest Business Radar Report from Pitcher Partners. One in three business leaders in the new survey of mid-market firms reported already integrating a generative AI tool into their operations, while a […]
On Monday 26 June 2023, the International Sustainability Standards Board (ISSB) released its inaugural sustainability standards, designed to provide a global baseline of sustainability- and climate- related disclosures for the capital markets.
Further, on Tuesday 27 June 2023, the Australian Treasury released its second consultation on climate-related financial disclosures.
As a business advisory Partner at Pitcher Partners NSW, Lauren’s journey to partner is incredibly impressive. But Lauren would struggle to put it that way. She is a self-confessed introvert who, in her own words “hates to talk about herself.” First and foremost, Lauren is a mum to two young children whose husband is in […]
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