M&A set to surge on greater business certainty

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Despite a marked drop in M&A activity during the last quarter of FY20, local and global markets have proven their resilience in the period since with a notable uptick in the number and size of deals, according to M&A Deals: Australia Year in Review FY20/21, a new report by HLB Mann Judd Sydney. The report

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HLB Mann Judd strengthens risk advisory expertise

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National accounting and business advisory firm HLB Mann Judd Sydney has announced business advisory director, Matthew Levesque-Hocking, has been approved as a Registered Liquidator. Registered liquidators act in a fiduciary capacity, and often have total management control of the affairs, money and other property of a body corporate. An application for registration as a registered

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Balanced investor profile undergoes allocation shift

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The long-held 60/40 asset allocation rule is no longer adequate if Australians are to retire comfortably, with an 80/20 ratio of risky vs secure assets far more appropriate in the current market environment, according to HLB Mann Judd Sydney wealth management partner, Jonathan Philpot. The traditional balanced investor profile previously meant a fairly equal allocation

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Super with greater flexibility but alternatives still required

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After years of increasingly restrictive limitations being imposed on superannuation, the tide has turned on the $2 trillion-plus industry, according to HLB Mann Judd Sydney wealth management partner, Michael Hutton. Mr Hutton said recent Federal Budget announcements and the passing of some superannuation-focused bills in parliament last week have led to superannuation becoming more attractive

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Businesses should use hibernation phase to position for long-term recovery

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Any steps taken by businesses now to review key functions such as funding models and service delivery could be instrumental in determining their viability on resumption of normal trading, according to restructuring and risk advisory partner at HLB Mann Judd Sydney, Todd Gammel. Mr Gammel said business owners should be utilising the current “hibernation mode”

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JobKeeper legislation provides much-needed clarity for business

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With the JobKeeper Payment legislated by Parliament, and the eligibility rules officially released by Treasury, there is some much-needed certainty about what support businesses and their employees can now access, says Peter Bembrick, tax partner at HLB Mann Judd Sydney. The JobKeeper Payment will provide a wage subsidy to businesses impacted by Coronavirus, with the Government

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Tis the season to reconsider holiday home liabilities

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The fast-approaching Christmas holiday season is a good time for property investors to reassess their capital gains tax (CGT) obligations and associated cost base – and in particular, whether a holiday house is a wise investment at all, according to HLB Mann Judd Sydney tax partner, Peter Bembrick. “While holiday homes are very popular at

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Million-dollar dilemma

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A large lump sum payout from superannuation might sound good to most people, but there are circumstances when it is a serious problem rather than a welcome windfall, says Michael Hutton, wealth management partner at HLB Mann Judd Sydney. In particular, it can be a problem for self-managed superannuation fund trustees and members, which tend

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Tax refunds go begging and building wealth through super or gearing

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Australian taxpayers need to be preparing for the upcoming End of Financial Year period now if they are to maximise their tax planning strategies and receive an optimal tax refund in the 2019/20 financial year. Lodging a tax return sooner rather than later not only ensures any refund is received sooner, but also reduces any

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Taxing times for Australian expats overseas

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Many Australians dream about living and working overseas, but before packing their bags people need to think about what steps to take to ensure they don’t end up with a big tax bill on their return home, says Peter Bembrick, tax partner at HLB Mann Judd Sydney. “It may sound like a dream come true

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