Don’t underestimate the implications of AASB 16 leases

By timothymaclean on 11/10/19 - Mins to read: 3 minutes

Since the new leases standard – AASB 16 – came into effect earlier this year, it’s presented several operational challenges with entities now needing to recognise all assets and liabilities arising for all leases, with limited exceptions. These exceptions include short-term leases and leases of low value assets. Expectations Short-term...
Read More >
Pricing of International related party product distribution arrangements

By Jonathon Larosa on 11/10/19 - Mins to read: 3 minutes

If you’re an Australian distributor for a related foreign manufacturer then now’s the time to consider and apply the ATO’s Guide and Risk model to your product pricing arrangements. Applying from 13 March 2019, the ATO Guide sets out circumstances under which they consider the pricing of your distribution arrangements...
Read More >
5 tips to maximise SaaS customer renewal rate

By Timothy Maclean and Troy Janissen on 11/10/19 - Mins to read: 3 minutes

How well do you know your customer renewal rate? Also referenced as the ‘Customer Retention Rate’, this is one of the best indicators to understanding how much your business is valued by customers. A renewal or retention rate measures the percentage of customers who will extend their relationship with...
Read More >
New manufacturing grant open for SMEs

By Dr. Rita Choueiri on 11/10/19 - Mins to read: 3 minutes

Are you a small or medium manufacturing company looking to invest in capital equipment and new technologies that will allow you to develop new products or diversify into new markets? If so, you’re in luck – the Federal Government has just opened the doors to a new manufacturing grant for...
Read More >
Positive full federal court ruling for Companies accessing the Australian R&D Tax Incentive Program

By Dr. Rita Choueiri on 11/10/19 - Mins to read: 3 minutes

Companies accessing the Australian Research and Development (R&D) Tax Incentive program can now do so with more confidence after a significant Federal Court ruling rejected The Administrative Appeals tribunals (AAT) somewhat narrow interpretation of what constitutes a ‘core R&D activity’ under R&D tax law. Based on our previous experience with...
Read More >
Are you ready to list?

By William Buck on 11/10/19 - Mins to read: 3 minutes

By Lisa Schutz, Founder, Verifier. This article first appeared in Smart Company ‘Five critical questions: Are you listing your startup too soon?’ Firstly, who am I to write this article? I am the founder and chief executive officer of a private company, Verifier, that is now in scale-up mode, but...
Read More >