Insights

Australia is experiencing an unprecedented skills shortage, and we have a crucial need for skilled migration. With Australia's borders likely to remain closed until 2022, recruiting the best candidates from around the world is challenging, but it is possible with the right knowledge and support.

Manufacturing is a key part of the Federal Government’s strategy to help build Australia’s competitive strength and support our economic recovery. We share some practical tips and advice for small to medium manufacturers looking to pursue the current grant opportunities available in Australia.

Many multinational enterprises (MNEs) will be reviewing their financial statements and transfer pricing strategies this quarter. Planning and implementing appropriate interest rates, along with preparing debt capacity analyses, are important in supporting intercompany financial arrangements.

As the year comes to a close, Australian manufacturers are considering both the present and the future. For Australian manufacturers to thrive in this ‘new normal’ digital transformation will be critical, as BDO’s National Leader, Manufacturing & Wholesale, Ryan Pollett and Executive Director...

The Payment Times Reporting Scheme applies from 1 January 2021. Large organisations and SMEs should take action now to prepare.

Look back on companies' priorities 20 years ago, and you'll discover a few clear themes. Businesses were offshoring their manufacturing operations at a rapid pace, seeking to create value through the scale and speed enabled by 24-hour production at mega factories. Developing and optimising costs...

Since the business climate is unsettled and constantly shifting, due to global factors including but not limited to the COVID-19 pandemic, it's natural for directors to wonder whether their companies' strategies are keeping pace.

The Australian manufacturing industry depends heavily on overseas markets and supply chains. Many manufacturers in the country are now asking how the industry can reduce this dependency, and what types of opportunities exist to grow and become more competitive globally.

The guidelines for round two have been released, however, the Government has not yet released an opening date. We recommend preparing the required documents ahead of time in preparation of the fund opening in the coming weeks.