Sholto Macpherson

2 weeks ago | acuitymag.com | Joshua Gliddon |Sholto Macpherson

Tristan Tan CA has expertise across multiple disciplines. He has worked in taxation for more than 10 years and is currently a commercial associate director with IFM Investors. He’s also studying his Juris Doctor (a graduate-level law degree that provide the necessary foundation for practising law in Australia) and is a chartered financial analyst (CFA) Level II candidate, studying the second level of the CFA program.

Feb 5, 2025 | acuitymag.com | Susan Muldowney |Sholto Macpherson

Words by Professor Richard HoldenThe Australian 2024–2025 ‘mini-budget’ or Mid-Year Economic and Fiscal Outlook (MYEFO), released in mid-December 2024, was a tale of two narratives. According to the government, it has delivered two surpluses so far and their “responsible economic management” has done the following:“The budget position has improved by around a cumulative A$200 billion over the six years to 2027–28, compared to the 2022 Pre-election Economic and Fiscal Outlook (PEFO).

Feb 5, 2025 | acuitymag.com | Susan Muldowney |Sholto Macpherson

In December 2023, Australia’s Nature Finance Council was established to increase private sector financial support to benefit nature. Karen McWilliams FCA, sustainability and business reform leader, at CA ANZ, is a member of the council and explains its purpose and goals, as well as the key challenges and opportunities of boosting investment in natural capital. Why was the council established and what are its key goals?

Feb 2, 2025 | acuitymag.com | Sholto Macpherson

10 min read Quick take Money transfer platforms such as OFX emerged as a cheaper alternative for overseas payments. Many now offer virtual corporate cards, which are easier, more flexible and cheaper to manage and reconcile than regular bank cards. While transfer platforms cannot offer interest-bearing accounts, some have introduced yield-bearing accounts that invest in low-risk assets, to encourage users to keep funds in the platform.

Sep 27, 2024 | acuitymag.com | Sholto Macpherson

The tedious task of paying your staff has leapt from a manageable smoulder to a five-alarm fire. Last year, the Australian Government, through the Fair Work Ombudsman, moved to criminalise wage underpayment, defined as intentionally underpaying wages and superannuation. Employers found guilty can be fined and even imprisoned. A similar ‘wage theft’ bill was considered by the New Zealand Government and then rejected. It threatened business owners with up to one year in prison.