Why mining & resources business owners need to consider audit in their business strategy. Most business owners consider audit a compliance requirement for Government legislation, and sometimes it is. However, its real value lies in the confidence it can bring in terms of business financial security, improving profitability, efficiencies and productivity, as well as the…
The Government announced temporary ‘loss carry-back’ rules in 2020 that can deliver cash flow benefits for mining and resources businesses.
The 2020 Federal Budget was built on a number of assumptions…that a COVID-19 vaccine would be available by the end of 2021; state borders (other than WA) would be open by Christmas and business conditions would have moved from recessionary to growth. It also rests on the absence of further and more widespread outbreaks of…
Research* indicates that a large number of business owners, among them those in mining and resources, are planning to exit their businesses within the next five to 10 years. Importantly, findings also indicate that on average, getting exit-ready requires three to five-year lead time.
