A case for the reform of Section 661A
From gtlaw.com.au: This discussion explores the prominence of schemes of arrangement in M&A activity and the challenges of the 90% threshold requirement under Section 661A of the Corporations Act.… read more
Month: February 2025 AWST
Global ESG storms – global giant AXA
From thefifthestate.com.au: AXA IM Alts, a global investment manager with over $307 billion in assets, is focusing on sustainable investments like affordable housing, renewable energy, and infrastructure, amid complex market conditions.… read more
Mastering Lender Negotiations: Securing Better Terms
From www.salea.com.au: Effective lender negotiations can significantly aid businesses facing financial distress by allowing them to restructure debt terms to ensure continued operations.
Restructuring practitioners, who specialise in financial recovery and corporate restructuring, play a vital role in these negotiations by advocating for favourable loan modifications and advising businesses through financial challenges.… read more
Division 7A redefined post-Bendel
From www.pitcher.com.au: The Full Federal Court’s decision in Commissioner of Taxation v Bendel overturns the Australian Tax Office’s long-held view that unpaid present entitlements are classified as loans under Division 7A, clarifying that a loan requires a payment and obligation to repay.… read more
women in accounting still pushing for change
From www.accountingweb.co.uk: (UK context) Zoe Whitman, founder of The 6 Figure Bookkeeper, highlights the ongoing challenges women face in the accounting profession, including outdated biases and a lack of flexibility in corporate jobs, especially for those balancing childcare.… read more
What is accountancy’s ‘moat’ in the age of AI?
From www.accountingweb.co.uk: The article discusses the impact of AI on the accountancy profession, questioning what competitive advantages human accountants have as technology advances.
It highlights the importance of human judgment and communication skills, suggesting that while technology may automate certain tasks, the need for personal interaction and expert reassurance remains.… read more
A tax season liability risk alert
From www.accountingtoday.com: (US context) During busy tax season, accountants face heightened risks of errors that could lead to lawsuits, primarily due to issues like “scope creep” and missed deadlines.… read more
Data-driven decision making essential
From williambuck.com: Data-driven decision-making (DDDM) is essential for business success, allowing companies to utilise accurate, timely data to guide their strategic, financial, and operational choices.… read more
Crypto and blockchain: 5 questions every board must ask
From www.aicd.com.au: Directors must evaluate their engagement with cryptocurrency by considering key questions about its strategic fit, credibility, and potential impact on reputation, while staying compliant with evolving regulations.… read more
5 areas to upskill: futureproof your director career
From www.aicd.com.au: Directors must adapt their skill sets to navigate increased responsibilities stemming from technological advancements, changing regulations, and evolving employee expectations.
Five key areas for upskilling include technology proficiency, commitment to diversity, prioritizing employee wellness, developing agile leadership, and fostering self-awareness.… read more
Real Estate Markets Quarterly – Summer 2025
From hamiltonlocke.com.au: The latest edition of the Real Estate Markets Quarterly highlights key developments in real estate, including amendments to environmental legislation and proposed changes to Victoria’s Security of Payment Act.… read more