News & Views

New Year Countdown for New Leasing Standards

What’s on your New Year’s resolution list? Do you want to achieve a better work/life balance? Perhaps strike-off an exotic travel destination on your bucket list? Maybe you intend to finally launch that genius business idea you’ve pondered for months? Or, how about getting your lease arrangements into shape to comply with the new financial reporting requirements under AASB 16?

Five Facts About Doing Business in Asia

Much hype has surrounded the Asian economic growth since it all began in the 1960s with a series of strong economic expansions known as the “Asian Miracle”. Many now predict that the 21st century will be remembered as the “Asian Century”. 

Undeniably, Asia presents enormous business and investment opportunities and much has been talked about 'doing business in Asia’ to best realise the opportunities coming out of this region. 

Reduction in Corporate Tax Rate

Changes, changes and more changes - Bringing forward the company tax cuts

Following on from the various changes to company tax rates earlier in the year, the Treasury Laws Amendment (Lower Taxes for Small and Medium Businesses) Bill 2018 was introduced and passed by the Senate relatively quickly last week. The Bill proposes to bring forward the tax cuts for small and medium businesses. The Bill is currently awaiting Royal Assent.

Looking to Make an Exit?

Any person who has ever built a business from the ground up, understands the sacrifices it takes to make it successful. The early years often require a 24/7 commitment, when family holidays are few and far between and the sessions burning the midnight oil are frequent. 

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.
 
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