EU-Australia FTA: in defence or defiance of a failing system?

EU-Australia FTA: in defence or defiance of a failing system?

Free trade agreements have historically received bipartisan support in Australia, an expected stance for a resource-rich nation desiring diversification of its economic base and export market dependencies. North Asian deals have brought a significant trade upswing in both goods and services, although some remain concerned that the benefits accrue largely to big business with SME’s missing out. Continuing public support for Australia’s future free trade negotiations will likely rest upon their benefits being more readily accessible to larger parts of the economy.

Australia’s Superannuation laws have created a ‘Use It or Lose It’ landscape for retirees

Australia’s Superannuation laws have created a ‘Use It or Lose It’ landscape for retirees

The creation and implementation of Superannuation was one of the most significant public policies enacted by the Federal Government in the last century, fundamentally changing how we all prepare for our retirement while creating a multi-trillion-dollar industry. Subsequent policy changes to how we save for our time after work have had major impacts on the practicality of superannuation and has created a new landscape for those approaching retirement.

Trump’s battle a win for Australian exporters

Trump’s battle a win for Australian exporters

Reading the headlines over the past few months, the casual observer can be forgiven for thinking the world’s two largest economies are about to drag themselves (and the rest of us) into the abyss of a global trade war. Newspaper-selling headlines aside, the reality is far more nuanced. The likelihood of a trade war is still a remote possibility and shouldn’t form baseline projections.

Startups – Potential to Flourish

Startups – Potential to Flourish

A new venture is always exciting and premised with good intentions, but care should be taken to appropriately address risks associated with establishing a new business in the market.

On the back of the recent Australian startup, Unlockd, going from potential IPO to voluntary administration in the space of weeks, this article explores some risks and considerations that business owners and their advisers should address ahead of a full launch

Tax Incentives for Early Stage Investors in Innovation Companies

Tax Incentives for Early Stage Investors in Innovation Companies

The Government has introduced new tax incentives to boost investment in early stage innovation companies in Australia.

In particular, these tax incentives are designed to encourage new investment in small Australian innovation companies, often referred to as ‘startups’, with high-growth potential.

In our experience, the startup community are very interested in accessing the concession for their investors, however there have been difficulties with entities satisfying the relevant eligibility requirements.

Battlefield to Boardroom

Battlefield to Boardroom

How lessons from the frontline can be applied to everyday business leadership

What makes for an effective leader? This is a question that is asked again and again, across the spectrum of society and business. Every day we see cases where leadership is being negatively questioned (think Cricket Australia, Federal LNP deputies and the NRL domestic violence cases) yet at a time when it is becoming more important than ever as businesses strive to recruit the best in an era of rapid industrial advancements. Industry reports continually paint a grim picture of leadership in business, and as trusted client advisers it is something we should not be afraid to question when we engage with our clients.

Federal Budget 2018: A considered view for agribusinesses

Federal Budget 2018: A considered view for agribusinesses

The recent federal budget once again highlighted the fundamental importance of agriculture to the Australian economy, particularly during the current economic transition.

For sectoral growth much beyond the rate of natural population, and assuming Australian’s don’t suddenly decide to massively increase their consumption, production increases will require new markets, lest the domestic market be swamped. Conveniently, the world’s greatest concentration of middle-class consumer population growth is centred on our ASEAN and north Asian neighbours, a single flight or comparatively brief container-ship journey away.

Budget 2018: The need for stability vs the lure of popularity

Budget 2018: The need for stability vs the lure of popularity

The 2018 Federal Budget was always going to be a tale of temptation. For months, the government had been trailing in the polls but edging ever closer towards parity.

With the Election window around a year away, the seductive powers of delivering an electorate sweetener that gently but immediately swayed the balance of perception in favour of the incumbent was going to be hard to resist.

Your Guide to the end of the Financial Year

With 30 June quickly approaching, now is a good time to assess your current position and ensure your year-end strategies are in place.

These fact sheets highlight some of the key tax law changes that have taken effect thus far in the 2017/18 income year, and the changes that will shortly take effect which may impact on your personal or business year-end tax planning decisions.

Who is an employee and why does it matter?

Contracting is becoming more popular as an alternative to the traditional employment relationship. As contracting and employee mobility become more popular, the difference between an employee and a contractor becomes less clear. However, there are dangers in engaging a worker as a “contractor” without having a proper understanding of the various employer obligations.