Insights

You will note that we released a Special Interim Edition Newsletter last Wednesday to provide some commentary surrounding current global events and its impacts. With this, I wanted to write a further piece, in response to some topical issues which have arisen and questions we have received following last week.

As a special edition release, we have drafted an important Insights article to explain some commentary that has arisen from clients and industry contacts over the last week or so.

As we move towards the Festive season period and the end of the calendar year, new consensus data released this week has confirmed a renewed tightness in the labour-force market – suggesting a potential holding or cut of Royal Bank of Australia (RBA) rates in 2026.

As an investor I am always looking for areas of development and themes where great ideas are forming but perhaps main street has not yet caught on or up.

Australia is a beautiful country which has a harsh landscape and difficult weather patterns. Our population to land mass in some areas is low and sparse and can be very lonely for individuals managing the country in these rural and outback areas.

Borrowing the results from recent other Professional Firms’ business surveys, it seems to me that the top concerns for Australian executives (and most probably other parts of the world) are the same in the short term as they are for the medium term. That being, cyber risks, talent recruitment/retention and upskilling a work force for the digital world.

For my Insights advisory article dedicated to the Healthcare sector, I wanted to speak specifically about the challenges many medical and allied health practices currently face.

We have been fielding questions over the last couple of weeks on an Administrative Appeals Tribunal (AAT) decision that occurred at the end of September 2023.

When the time comes to sell your business, how will you go about it? Will you sell privately or via a broker? Or instead of selling, will you dispose your assets and close?

All wise business mentors will tell you to buy or grow a business with the "end game" in mind.

Most of the two million business owners in Australia run their own business to make money, have greater flexibility and freedom, create legacies and reap the financial rewards when the come to sell.