News and Views

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.

2018 End of Year Tax Planning Checklist

The Moore Stephens Tax Team have prepared this guide to help you navigate the various items that may require consideration, prior to 30 June 2018, for effective tax planning. This information will assist you in identifying items that you may like to discuss with us.

How will IFRS 15 Revenue from Contracts with Customers impact the aged care sector?

The International Accounting Standards Board (IASB) published IFRS 15[1] Revenue from Contracts with Customers in May 2014 effective for reporting periods commencing on or after 1 January 2018 for for-profit entities and 1 January 2019 for not-for-profit entities in Australia.  During December 2016 the Australian Accounting Standards Board also released AASB 1058 Income of not-for-profit Entities effective for the same date as IFRS 15.  There has been considerable debate as to how these two new accounting standards interact with each other and also the likely impacts. 

How will IFRS 15 Revenue from Contracts with Customers impact the property development and construction industry?

The International Accounting Standards Board (IASB) published IFRS 15 Revenue from Contracts with Customers in May 2014 effective for reporting periods commencing on or after 1 January 2018. Since IFRS 15 replaces all of the existing guidance on revenue recognition, and applies to all entities and industries, there has been considerable confusion (and debate) as to what the likely impacts are going to be, across different industries, when adopted.
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