• Insights

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08 April 2021

The Federal Government has launched phase three of the SME Recovery Loan Scheme, as part of its commitment to supporting up to $40 billion in lending to Small to Medium Enterprises (SMEs).

17 December 2020

The Federal Treasurer has released the 2020-21 Mid-Year Economic Fiscal Outlook (MYEFO) in which he indicates the Australian economy is rebounding strongly since the 2020-21 Federal Budget was released. In particular, around 80 per cent of the 1.3 million people who lost their jobs or were stood...

11 December 2020

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.

04 December 2020

The annual Diggers & Dealers Mining Forum was held in Western Australia in October. Post conference, BDO hosted a roundtable discussion with executives in the Mining Services sector on topics that emerged from the mining week.

26 November 2020

31 December 2020 is fast approaching and the coronavirus outbreak still affects many aspects of an entity’s financial reporting.

24 November 2020

31 December 2020 is fast approaching and the coronavirus outbreak still affects many aspects of an entity’s financial reporting in the natural resources sector.The continuing key areas of impact to consider from COVID-19 are:Impairment of assetsRecognition of provisionsModifications to...

30 October 2020

BDO’s 2020 Transparency Report has been prepared to comply with the requirements of the Corporations Act. It also provides us with an opportunity to share our approach to audit quality.

26 October 2020

With many relief packages – both public and private – ending in September, there’s a growing concern that without a transition plan, many Australian businesses deferring payments will now face a ‘debt (or fiscal) cliff’, and if unprepared, won’t survive. This article outlines how businesses...

09 September 2020

Guiding your business through crisis requires a pragmatic approach, says BDO Australia advisory consulting partner Tim Riordan.

03 September 2020

Preparing for the future has never been more crucial. In this changing landscape, could innovation be the way forward? 

31 August 2020

BDO reported the quarter ended June 2020 revealed the cash position of ASX listed explorers increased by 60 per cent, with investors throwing the sector a lifeline. The increase in the June 2020 financing cash inflows has offset the four-year low of $834 million observed in the March 2020 quarter...

30 July 2020

The Economic and Fiscal update announced by Prime Minister Scott Morrison and Treasurer Josh Frydenberg shows Australia’s Tourism, Leisure and Hospitality sector has a long road to recovery. BDO Audit Partner, Clayton Eveleigh discusses.

23 July 2020

The raft of measures announced by the Government in response to coronavirus, has certainly propped up many businesses in the short term, with many being able to take advantage of JobKeeper and JobSeeker programs.

21 July 2020

On Tuesday 21 July 2020, the Federal Government announced the extension of the JobKeeper wage subsidy scheme (previously due to expire on 27 September 2020) until 28 March 2021 but with new rates and reapplication of the turnover tests. The temporary boost to the JobSeeker program will also now...

15 July 2020

With many of the COVID-19 support measures carrying over into the 2020-21 financial year, BDO Tax partner James Trainor outlines the key measures businesses and individuals need to be aware of.

03 July 2020

The impacts of COVID-19 have meant that many WA businesses have needed to rethink their approach and adapt to this new normal. Yet, the pandemic hasn’t always had a negative effect.


Webinar: BDO & Queensland Department of Agriculture and Fisheries (DAF) Webinar 5 – Assisting agri-business with post COVID-19 recovery planning

25 June 2020

On Thursday 25 June in the last webinar in the series, BDO’s Business Continuity Planning Partner, Mark Cushing and Food & Agribusiness Advisory Partner, Shaun McKinnon outlined actions to assist you commence and advance your recovery from COVID-19.

23 June 2020

Earlier this year, prior to COVID-19, we were contacted by a client who was facing a qualified audit opinion if they did not impair all of their intangible assets.

22 June 2020

In this turbulent, ever-changing and interconnected world, Australia’s borders remain closed and reports suggest they will remain closed into at least early 2021.

11 June 2020

Whether you design it or not, one thing is for sure - company culture will happen. It’s not enough to post value statements on the foyer wall, or add coffee machines, bean bags and ping pong tables. Culture is deeply structural and behaviour driven; a powerful resource that only humans can create...

10 June 2020

After expanding the instant asset write-off scheme, in response to the COVID-19 pandemic on 12 March 2020, to include assets worth $150,000 (up from $30,000) and businesses with an aggregated turnover of less than $500 million (up from $50 million), the Federal Government has now extended the...

09 June 2020

Our grandparents could buy blue chip stocks and put them in a drawer without concern for 20 years. They invested in solid and dependable household names, such as banks, mining companies and department stores that were part of their lives.

09 June 2020

BDO, in partnership with The Queensland Department of Agriculture and Fisheries (DAF), will deliver a series of webinars over the coming weeks to provide you with expert support to help you minimise the impact of the Coronavirus pandemic and lead discussions on the key issues as they unfold.

05 June 2020

A digital recovery roadmap can lay the foundation for tackling the challenges brought about by COVID-19 and position your organisation to take advantage of the digital transformation that has already been initiated.This roadmap gives digital leaders the prompts they need to guide their decision...

29 May 2020

The Ministerial Statement on the Economy in the wake of COVID-19 to Parliament on 12 May 2020 referred to the unparalleled economic impact of the crisis, which has put the Australian way of life on hold.

28 May 2020

30 June 2020 is fast approaching, many aspects of financial reporting will be significantly affected by the coronavirus outbreak and the adoption of three new accounting standards.

25 May 2020

With Australia’s COVID-19 lockdowns easing, the disease appearing to be better controlled, and hopes high that we’re seeing the light at the end of the tunnel, businesses across Australia are turning their heads to the prospect of returning to work under a changed or ‘new normal’ operating...

21 May 2020

On 14 May 2020, the National Disability Services published a document in which the Australian Taxation Office confirms that payments to charities for providing National Disability Insurance Scheme services are not ‘government income’ and therefore cannot be excluded when calculating their...

20 May 2020

The Natural Resources Financial Reporting Update which will be split into two webinars this year. Part One will cover the impacts of COVID-19 on the Natural Resources sector and Part Two will focus on the Accounting Standards Update.

15 May 2020

Australian organisations are currently facing a number of unprecedented economic challenges, with cash flow management top of the list. Surviving the COVID-19 crisis and coming out the other side stronger and leaner will require organisations to develop and implement fit-for-purpose cash flow...

15 May 2020

On 3 April 2020, the OECD Secretariat issued guidance ‘OECD Secretariat Analysis of Tax Treaties and the Impact of the COVID-19 Crisis’ (OECD guidance) on international double taxation agreement (tax treaty) issues that may arise as a result of the COVID-19 pandemic. The OECD’s guidance is...

12 May 2020

Unprecedented times have created enormous challenges for the real estate sector in Australia.

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