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Why business remains optimistic despite economic headwinds

Consumer sentiment remains in the doldrums, yet the latest feedback from the mid-market business community is that they remain broadly optimistic for the future. Newly updated ANZ-Roy Morgan consumer sentiment data shows 53% of respondents say their family is worse off now than they were 12 months ago, while just 8% are anticipating ‘good times’ … Continued

Scope 3 emissions: Building a resilient supply chain doesn’t happen overnight

The August profit reporting season was fruitful for Coles Group, which recorded a surge in revenue to post an annual profit to $1.1 billion, a 4.8% rise from the previous year. But the supermarket and retail giant also made another statement in August that was much less reported – its Scope 3 emissions supplier engagement target. It was a significant move by Coles, who stated they intend to set sustainability targets with at least 75 per cent of its suppliers over the next four years.

David Fennell

As a senior member of the Corporate Finance Team at Pitcher Partners Melbourne, David uses his 18 years’ experience to support his clients to navigate their financial decisions and provide valuable and strategic advice. He is passionate about helping clients make informed investment decisions. For David, this means combining the right information with the right … Continued

What’s looming post-Christmas for retailers?

The bigger they are, the harder they fall. We are told that there is record-breaking pre-Christmas spending, and the retail sector appears bigger than ever, outperforming all expectations to the surprise of many. However for many retailers this defies their current lived experience, particularly in southern states with ongoing weather events. This month, the Australian … Continued

ATO finalises guidance on the anti-avoidance provision dealing with trust distributions (section 100A)

The ATO has finalised draft guidance on the application of section 100A to trust entitlements, staying close to the original released earlier this year. The finalisation comes despite two cases (both for and against the Commissioner) currently on appeal to the Full Federal Court. The guidance provides a very stringent view by the ATO on what may fall within the scope of section 100A. This may create significant risks with respect to trust distributions that will need to be managed very carefully.

Jon Bode

Jon is a Principal at Pitcher Partners’ Adelaide firm, specialising in providing management and taxation advice to a variety of private clients and small to medium size businesses. A multi-talented professional, his expertise lies in family and business advisory, managing compliance requirements, structural and entity reviews, as well as taxation matters. A client focused relationship … Continued

Adam Blizzard

Adam is part of the Business Advisory and Assurance division and a key member of the outsource finance team. With an initial focus on providing outsource finance services to infrastructure clients, he now advises clients in a wide range of industries. Adam is passionate about continuing to develop the outsource finance service offering, working with … Continued

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