From www.abc.net.au: Healthscope, Australia’s second-largest private hospital operator, collapsed after struggling with massive debt and financial mismanagement following its acquisition by Brookfield in 2019.
The company defaulted on rental payments and faced criticism for introducing controversial fees for patients, leading to conflicts with health insurers.… read more
From www.aicd.com.au: High-performing boards often struggle with refreshing their organisational strategy, particularly when traditional assumptions are challenged.
A clear sense of purpose is essential for guiding strategy and aligning the organization, requiring directors to evaluate and redefine this purpose regularly.… read more
From bdo.com.au: Lenders actively support the health industry by offering financing for commercial properties, practice acquisitions, and medical equipment.
Health professionals benefit from favourable personal finance options, including higher loan-to-value ratios and waived mortgage insurance.… read more
From thefifthestate.com.au: Indigenous procurement policies are increasingly adopted by governments, but the private sector struggles to effectively support First Nations businesses due to misconceptions about their capabilities and systemic barriers.… read more
From intheblack.cpaaustralia.com.au: Executive compensation raises ethical concerns, primarily influenced by John Rawls’ “difference principle,” which argues for a justified income inequality that benefits the worst-off, and Robert Nozick’s “entitlement theory,” which emphasizes voluntary transactions.… read more
From cpaaustralia.com.au: High-growth small businesses in the Asia-Pacific region, as revealed by CPA Australia’s Asia-Pacific Small Business Survey 2024-25, thrive by focusing on e-commerce, continuous innovation, investing in technology, pursuing export markets, and seeking professional advice.… read more
From www.aumanufacturing.com.au: Perth-based Australian Winders transformed its business model from global maintenance and field services to manufacturing industrial motor coils due to the impacts of the COVID pandemic.… read more
From www.aicd.com.au: Directors should adopt a growth mindset to enhance agility and innovation within their organizations, viewing challenges as opportunities for continuous learning and improvement.… read more
From cpaaustralia.com.au: Crafting an effective business case requires more than just presenting financial data; it involves creating a compelling narrative that illustrates the problem and the proposed solution’s benefits.… read more
From gtlaw.com.au: AICD released guidance to help directors enhance data governance and manage cyber risks.
ACCC initiated legal action against Beacon Products Pty Ltd and Zandox Group Pty Ltd for alleged unfair practices.… read more
From alvarezandmarsal.com: Transformation requires alignment with business objectives to enhance performance rather than simply adding amenities to a business.
Unproductive cultures, characterised by unclear expectations and micromanagement, hinder organizations from achieving their performance targets and drive away talent.… read more
From alvarezandmarsal.com: The Rapid Growth Roadmap emphasises proactive business management to tackle economic challenges and drive profitability.
It outlines strategies for creating value in portfolio companies by identifying growth opportunities and optimizing customer engagement.… read more
From bdo.com.au: Australian supply chains face increased scrutiny due to sustainability regulations demanding transparency and accountability.
Companies are urged to strategically integrate sustainability into their operations to comply with evolving mandates and turn it into a competitive advantage.… read more
From cpaaustralia.com.au: Research by Dr. Paddy Ross and his team at Durham University found that digital backgrounds during video calls significantly influence perceptions of trustworthiness and competence, with plants and bookcases enhancing ratings, while novelty backgrounds scored low.… read more
From moneymag.com.au: Ali and Gaby Rosenberg, co-founders of the Blossom investment platform, aim to democratise fixed-income investments for everyday Australians.
They launched Blossom in June 2021, providing accessible investment options with low barriers and no fees, quickly amassing a significant customer base.… read more