News and Views

Practical Governance for NFPs

There’s no denying not-for-profits operate in pursuit of a higher cause – whether it’s working to eradicate poverty, keeping the local sporting club operating or providing much-needed support to our most vulnerable members of our community. But sometimes, NFPs can become entangled in financial, or even legal difficulty because they’ve relied solely on the altruistic motivations of their cause rather than ensuring on good governance.

Lithium Report

WA is strategically placed to take advantage of increased lithium demand created by the ever growing battery industry. By 2025 it is expected the lithium-ion battery market will reach a value of USD $93.1 billion, equating to a CAGR of 17.0%. This demand uplift will be driven by increased consumption and development of electric vehicles, portable consumer electronics and grid storage systems.

Death and Taxes

As much as we would like to think we are immortal, the truth is the opposite and if you pass away without a will, the complications you leave behind are significant. If you do not have a will, the time it takes for the administrator of your estate to gain control of the assets is also much longer.

A World of Uncertainty

We live in an uncertain world
 
Trade tensions, country leaders who do not follow the status quo, wars and rumours of wars…
 
It can be easy to adopt a “bunker mentality” and hunker down for a long, cold economic winter ahead. Curiously, it’s not all bad news for Australia...

Swimming with Sharks

Insights and analysis from ‘The Shark Tank’ – season four

Another ferocious season of Shark Tank has come to a close with Season four, which ran from 15 May 2018 to 7 August 2018. The season aired 13 episodes containing 52 proposals that were pitched to the panel of Sharks. Of the 52 proposals, 33 were successful in obtaining one or more offers from the sharks. However, 20 proposals came up empty handed with 1 contestant declining the offer proposed and 19 proposals receiving no offers at all.

 
The team from the Moore Stephens Corporate Advisory division has gone along for the ride to provide a summary of the key metrics for this season, along with the key insights derived.
 

Company Tax Cuts and the National Energy Guarantee

What a week it’s been. We now have a new Prime Minister after a week where we saw the government confirm it will not proceed with pushing company tax cuts through the Senate nor bring them to the next election. Similarly, the National Energy Guarantee has been put on the back burner.
 
We have to wonder whether politics and votes now have greater influence on policy, than convictions and what is best for the economy.

Top 10 takeaways from International Secondment

Mncedisi (Disi) Ndlovu is a senior external auditor at Moore Stephen's WA firm. He is originally from Zimbabwe and migrated to Australia in 2009. He commenced his audit career in 2013, and joined Moore Stephens in 2016. 

An avid traveller, he expressed interest in the Moore Stephens secondment program to broaden his experience, not only within the audit profession, but also to gain general life experience.

Through our international network of member firms, he was able to obtain a 6 month position at a firm in New York, New York.

The following is a list of key takeaways from his experience.

Navigating the Visa Landscape in Australia

It’s not hard to understand why Australia offers such an attractive proposition to migrants. Our place in the Pacific is the epitome of stability with a transparent and well regulated business environment, a stable political environment, a diverse industry base and a demonstrated track record of economic growth.
 

A Message From the CEO

A fresh financial year always serves as a pertinent milestone to take pause and reflect on the accomplishments of the previous 12 months, while also setting our sights on future opportunities.

The Guide Every Expat Needs to Know, Beyond What to Pack in Your Suitcase

Expatriate life is a heady existence. There’s the opportunity to fast-track career aspirations, the novelty of travelling to new countries for just a long weekend, not to mention the experience of being exposed to new cultures, new traditions, and new friendships. And then, of course, there’s the lucrative expatriate package which can ensure an overseas posting is not just emotionally rewarding but financially rewarding too.

However, for many expatriates, myself included, there comes a time when Australia’s big open blue skies and the desire to be closer to family and friends lures us home. What can separate a happy homecoming from a sharp thud back to reality, is some essential financial planning.

Manganese: Is it the Forgotten Battery Mineral?

Peter Gray and Josh Snow from Moore Stephens WA in conjunction with industry partners have been researching further into manganese, a key battery component, looking to determine if it is in fact the “forgotten battery mineral”.

Moore Stephens WA has extensive experience dealing with entities involved in the processing and development of metal-ion batteries, with practical knowledge designed to further understand the industry and its patterns and trends.
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