Accounting & Advisory Blog | News & Views

Moore Australia client relists on ASX with $6M IPO

Moore Australia congratulates client Olympio Metals Ltd, for its successful re-listing on the Australian Stock Exchange (ASX) today. “We are delighted for Olympio Metals, and for being part of their journey in re-listing on the ASX today,” says Moore Australia (WA) Managing Partner, David Tomasi.

24 May 2022 Moore Australia

MOORE AUSTRALIA MERGER WITH LINDSAY SOMERVILLE – LNS PRIVATE CLIENTS

Moore Australia Queensland and Northern New South Wales (QLD/NNSW) is pleased to announce their merger with Lindsay Somerville and his private client advisory business, LNS Private Clients. Moore Australia (QLD/NNSW) is an independent member of the Moore Australia and Moore Global networks.

18 May 2022 Moore Australia media team

APAC MID-MARKET MERGERS & ACQUISITIONS REPORT FOR Q3 OF 2022 FINANCIAL YEAR

Dealmakers return from Christmas holidays with hot appetite for M&A, withstanding the potential flow-on effects of the Russia-Ukraine war.

11 May 2022 Moore Australia media team

MYDNA $71M ACQUISITION OF 28 BY SAM WOOD

Moore Australia congratulates client myDNA, for its announcement in the Australian Financial Review this week of its $71.0m acquisition of exercise and nutrition program 28 by Sam Wood (Australian Life Tech - ALT).

10 May 2022 Moore Australia

Moore Australia has been short-listed for the Australian Accounting Awards 2022

Moore Australia is proud to announce it has been shortlisted for the Network of the Year category at the Australian Accounting Awards.

26 April 2022 Moore Australia media team

Moore Australia client puts down ASX roots

Moore Australia congratulates client RLF Agtech for its successful listing on the Australian Stock Exchange (ASX) recently (ASX: RLF).Following an Initial Public Offering (IPO) of $8.5 million via the issue of 42.5 million shares at 20 cents a share, giving the Perth-based company an indicative market capitilisation of $36 million on the listing.

22 April 2022 Moore Australia

2022-2023 Federal Budget Report

The Treasurer, the Honourable Josh Frydenberg MP, handed down the 2022-23 Federal Budget at 7:30 pm (AEDT) on 29 March 2022.

30 March 2022 Moore Australia

2022-2023 Federal Budget Summary

Learn all about the key takeaways from the 2022-2023 Federal Budget with our summary of all the major budget announcements.

29 March 2022 Moore Australia

Moore Australia welcomes migration agents Minh Nguyen and Ruobing Yang

Moore Australia (NSW) is proud to welcome Minh Nugyen as a registered migration agent, and Ruobing Yang as Migration Advisor to the team. Between them, they represent over 20 years’ experience in Migration.

22 March 2022 Moore Australia media team

Flood Disaster Assistance available

Large parts of south-east Queensland and Northern New South Wales have been devastated by floods. Emergency crews are stretched beyond normal limits and thousands of residents and businesses have a long road ahead. There are a number of relief and recovery programs available to residents in both Queensland and New South Wales from state and federal Governments. The information is regularly updated and we’ve put together a few links that we hope will help you find information a little easier.

2 March 2022 Moore Australia

Brisbane office closed due to flooding

Effective, Monday 28 February 2022, our Brisbane office has closed until further notice, as the flooding along the Brisbane River subsides.

28 February 2022 Moore Australia

NSW COVID-19 BUSINESS SUPPORT PACKAGE

The NSW Government has announced a new financial support package to assist businesses being impacted by the Omicron wave.

31 January 2022 Moore Australia

FOMO fuels M&A confidence in 2021

Moore Australia is pleased to publish the FY Q2 review of APAC Mid-Market Mergers and Acquisitions.

17 January 2022 Moore Australia

Ark Mines relist on ASX with $4.7M IPO

Moore Australia congratulates client Ark Mines Ltd , for its successful re-listing on the Australian Stock Exchange (ASX).

29 December 2021 Moore Australia

FELLOW AWARD FOR MOORE AUSTRALIA GENERAL MANAGER

Moore Australia congratulates Dr Lana Weldon, General Manager and National Head of Quality Management, on being made a Fellow of Chartered Accountants of Australia and New Zealand.

22 December 2021 Moore Australia

Desmond Teng joins Moore Australia, Adds Insolvency Services

Moore Australia (NSW) welcomes Desmond Teng as a Partner of Moore Recovery into the Moore Australia network.

20 December 2021 Moore Australia

CREDIT CLEAR LIMITED ANNOUNCES $46M ACQUISTION

Moore Australia congratulates client Credit Clear Limited (ASX:CCR), for its announcement to the Australian Stock Exchange (ASX) today of its $46.0m binding agreement to acquire of 100% of the ARMA Group.

16 December 2021 Moore Australia

Moore Australia (QLD/NNSW) MYOB Accounting Firm of the Year

Moore Australia is proud to announce that our Queensland / Northern New South Wales firm has won the MYOB Accounting Firm of the Year, 2021 award. The successful execution of the practice’s growth strategy, together with rapidly adjusting to the pandemic, embracing remote working and continued community engagement throughout the year proved a winning combination.

9 December 2021 Moore Australia

Moore Australia Melbourne team moving to new CBD location.

Read all the information on the upcoming Melbourne office move.

8 December 2021 Moore Australia

Holiday opening times

Please find below our Opening Times during the festive season

6 December 2021 Moore Australia

BIOME AUSTRALIA LIMITED DEBUTS ON THE ASX WITH ~ $8M RAISED AT IPO

Moore Australia congratulates client Biome Australia, for its successful listing on the Australian Stock Exchange (ASX) today (ASX: BIO)

30 November 2021 Moore Australia

RAS TECHNOLOGY HOLDINGS LIMITED DEBUTS ON THE ASX WITH ~$70M IPO

Moore Australia congratulates client Racing and Sports Pty Ltd, for its successful listing on the Australian Stock Exchange (ASX) today under the name of RAS Technology Holdings Limited (ASX: BIO).

24 November 2021 Moore Australia

Dundas Minerals debuts on the ASX with $6M IPO

Moore Australia congratulates client Dundas Minerals, for its successful listing on the Australian Stock Exchange (ASX) today.

10 November 2021 Moore Australia

Moore Australia (QLD/NNSW) welcomes new partner

Moore Australia Queensland and Northern New South Wales (QLD/NNSW) is pleased to welcome their newest Partner, Anthony Hayley.

27 October 2021 Moore Australia

2021-2022 ACT BUDGET: AT A GLANCE

Andrew Barr MLA, Chief Minister and Treasurer of the Australian Capital Territory handed down the 2021-22 ACT Budget on 6 October 2021.

6 October 2021 Moore Australia

Moore Australia (WA) Joins with GROBUSINESS Chartered Accountants

Moore Australia is pleased to announce Gary Ogden and his practice GROBUSINESS Chartered Accountants has joined the Moore Australia (WA) team.

1 October 2021 Moore Australia media team

Supporting corporate well-being in a lock-down world

In a lock-down world, how do you connect with your team, become physically active, and remain mentally healthy? Find out how the team at Moore Australia’s Sydney office have been looking for new ways to remain connected and support mental and physical wellbeing.

9 September 2021 Moore Australia

APPLICATIONS OPEN: QLD COVID-19 Business Support Grant

Applications for the 2021 COVID-19 Business support grants are opened at 12noon (midday) Monday 16 August 2021. Previously, the Queensland Government announced financial support for small and medium businesses impacted by the lockdown order which commenced at 4pm on Saturday 31 July 2021 for 11 local government areas (LGA’s) around Brisbane and has been extended to the Cairns and Yarrabah LGA’s

16 August 2021 Moore Australia

Grant Alert: NSW Research and Development Fund

Eligible businesses may access up to $1 million in funding under Investment New South Wales’ new Research and Development Fund in the government’s bid to stimulate the development of innovative products that directly address the impacts of COVID-19.

11 August 2021 Moore Australia

Grant Alert: COVID-19 TechVouchers

The New South Wales government's COVID-19 TechVoucher program provides support funding for technology-rich startups, scaleups, or small-medium enterprises to collaborate with Publicly Funded Research Organisations (PFRO) to accelerate the commercialisation of innovative R&D products and services that address ongoing disruptions.

11 August 2021 Moore Australia

QLD COVID-19 Disaster Payment

The federal government’s COVID-19 Disaster Payment has been extended to South East Queensland individuals who live in the 11 Local Government Areas (LGAs) that have been declared as hotspots for the period from 31 July to 8 August 2021.

4 August 2021 Moore Australia

Moore Australia welcomes 4 new Directors and 3 Associate Directors as part of anniversary celebrations

Moore Australia is pleased to announce the appointment of four new Directors (Partners) and three Associate Directors, as it celebrates its first anniversary after rebranding from Moore Stephens in July 2020.

1 July 2021 Moore Australia media team

Moore Australia welcomes ATO announcement of cryptocurrency data matching

Moore Australia today welcomed the announcement of the new ATO data matching programme, geared at cryptocurrency. The data matching programme will obtain client identification details and transaction details from cryptocurrency designated service providers, and will extend to the 2023 financial year.

10 June 2021 Moore Australia media team

Year End Tax Planning for Businesses

With the end of the 2020-2021 financial year fast approaching, there are many tax planning strategies that as a business owner you need to consider and have in place before 30 June 2021. If you haven’t done so already, now is the time to review your tax affairs to ensure you have taken advantage of relevant reliefs available to you, addressed items that need to be done, and considered planning opportunities. Our team has worked together to prepare a handy ‘Year End Tax Planning Guide for Businesses’ which is available for you to download.

9 June 2021 Moore Australia

Moore Australia client debuts on the NSX with $4.2m IPO

Congratulations to our client Smart Auto Australia Limited for making its debut on the National Stock Exchange in Sydney yesterday. “We are thrilled for Smart Auto Australia, and their NSX listing today”, says Moore Australia (WA) Managing Partner, David Tomasi.

9 June 2021 Moore Australia

FRC APPOINTS MOORE AUSTRALIA DIRECTOR TO AUASB

Moore Australia is proud to hear the Financial Reporting Council (FRC) has announced the appointment of Moore Australia Director, Michelle Shafizadeh to the Auditing and Assurance Standards Board (AUASB). As the independent Commonwealth body responsible for developing, issuing, and maintaining auditing and assurance standards in Australia, the AUASB is recognised as contributing to enhanced credibility in external reporting through independent auditing and assurance.

26 May 2021 Moore Australia media team

Moore Global appoints David Tomasi, Moore Australia (WA) as new global leader

Moore Global, one of the world’s leading accountancy and advisory networks, has today announced five of its sector leaders have been appointed Global Leaders. As part of this group, David Tomasi, Managing Partner for Moore Australia (WA), has been appointed Global Leader, Energy, Mining, and Renewables.

18 May 2021 Moore Australia media team

2021-2022 Federal Budget Report

Treasurer Josh Frydenberg handed down the 2021-22 Federal Budget on 11 May 2021, heralding the post-pandemic economic recovery. A key focus of the Budget is economic recovery and delivering more jobs to Australians. It is estimated that this Budget will help to create more than 250,000 more jobs by the end of 2022-23.

12 May 2021 Moore Australia

2021-2022 Federal Budget Summary

Need to know the key takeaways from tonights Budget? We've put together a summary of all the major budget announcements.

11 May 2021 Moore Australia

Moore Australia welcomes Right-of-Use lease asset inclusion in calculation of Net Tangible Assets

Moore Australia welcomes the changes implemented by ASIC on 30 April, to counter the confusion caused by AASB 16. The introduction of AASB 16 resulted in the recognition of right-of-use assets (ROU) and lease liabilities. The issue, which arose for Australian Financial Services (AFS) licensees, was whether ROU assets would be included in the calculation of their net tangible assets (NTA).

4 May 2021 Moore Australia media team

Australia reminded to claim COVID 'Working from home' tax deductions

Moore Australia today reminds individuals in Australia to keep a diligent log of the hours they worked from home during the recent COVID-19 lockdown. This will help them claim their allowable tax deductions when it becomes time to submit their tax return.

30 April 2021 Moore Australia media team

Moore Australia issues guide for foreign investors to Australia

Moore Australia, Australia’s most respected and connected professional services firm, has today issued a guide to support foreign investors looking to do business in Australia.

15 April 2021 Moore Australia media team

Peregrine Gold debuts on the ASX

Moore Australia congratulates Peregrine Gold Limited, for listing on the ASX earlier today. “A huge congratulations to Peregrine Gold for making its debut on the ASX – an excellent milestone and pleasing result, following an oversubscribed Initial Public Offering,” says Moore Australia (WA) Managing Partner, David Tomasi. “It was great to see Peregrine Gold Limited close at $0.245 - comfortably above its IPO price of $0.20,” says Moore Australia (WA) Corporate Finance Director, Peter Gray.

31 March 2021 Moore Australia

Moore Australia client debuts on the ASX with $10m IPO

Moore Australia congratulates client Kincora Copper, for its successful listing on the Australian Stock Exchange (ASX) today.“We are delighted to see Kincora Copper, which is already listed on Canada’s TSX Venture Exchange, dual list on ASX this morning with a $10 million Initial Public Offering (IPO),” says Moore Australia (WA) Managing Partner, David Tomasi.

30 March 2021 Moore Australia

Moore Australia (WA) client joins ASX with $6M IPO

Moore Australia congratulates client Singular Health, for making its debut on the ASX today.

12 February 2021 Moore Australia

2021 Queensland State Budget at a glance

Queensland Treasurer, Cameron Dick, delivered the state's 2020-21 budget yesterday, on the same day the borders opened to New South Wales and Victorian travellers. Similar to budgets released by other states, the focus is on creating jobs, while also focussing on “rebounding from COVID-19 impacts” and celebrating the success of Queensland in response to the pandemic.

2 December 2020 Moore Australia

Homebuilder program extended

On 29 November 2020, the Federal Government announced that the HomeBuilder program will be extended to 31 March 2021. The HomeBuilder program provides eligible owner-occupiers a grant to build a new home or substantially renovate an existing home.

30 November 2020 Moore Australia

Transfer duty exemption for Queensland small business restructures

Small business owners in Queensland who restructure their business on or after 7 September 2020 may be eligible for full or partial duty exemption on the transfer.

14 October 2020 Moore Australia

2020-21 Federal Budget snapshot

Need to know the key takeaways from tonight's Budget? We've put together a snapshot of all the major budget announcements.

6 October 2020 Moore Australia

Understanding who your customers are is essential for your business

Knowing and understanding your customers is key to successful marketing and can give you a profitable advantage. Take some time now to understand your valued customers and you'll be more likely to attract more.

1 September 2020 Moore Australia (WA)

The fundamentals of a business budget

We believe having a budget is essential for business success. Talk to us about creating a useful budget in your accounting software as a practical business management tool. We’d love to help you start planning for a great 2021 financial year!

1 September 2020 Moore Australia (WA)

Common BAS Errors will impact your business

Errors on your Business Activity Statement may result in you paying too much GST or not enough. Is your business growing in complexity, or are the compliance obligations becoming challenging? We can help make it effortless and accurate every time.

1 September 2020 Moore Australia (WA)

Kylie Maher appointed as Independent Member of the AASB/AUASB

We’re pleased to announce Kylie Maher, Director Governance and Risk Advisory, has recently been appointed as an Independent Member of the joint Audit Committee for the Australian Accounting Standards Board (AASB) and Auditing and Assurance Standards Board (AUASB) for a three-year period.

17 August 2020 Moore Australia

Moore Australia (WA) client joins ASX with $26 million IPO

Moore Australia congratulates long-time client DUG Technology Limited for making its debut on the ASX today.

12 August 2020 Moore Australia

JobKeeper 2.0 Revision

Following the Federal Government’s announcement regarding changes to the proposed JobKeeper 2.0 Rules, due to take effect from 28 September 2020, Treasury issued an updated factsheet this morning. Changes made to the original version of JobKeeper 2.0 are outlined below.

7 August 2020 Moore Australia

Tax planning into the 2021 financial year

The end of the 2020 financial year is here and for many of us, it may be a year best forgotten. How do you make sure you and your business start 2021 in the best possible way? Planning!

30 June 2020 Moore Australia

Budgeting and cash flow management in uncertain times

With a new financial year upon us, we are hopeful that the world, and our economy will start to thrive again. The impact of COVID-19 may have taken its toll on your business through the end of the 2020 financial year, and rather than focus solely on the loss we are optimistic that you will start to see new opportunities, new ways of doing business and new ideas emerging.

30 June 2020 Moore Australia

COVID-19 and local business

Now more than even it’s important we show and demonstrate our support for local businesses and seriously consider the importance of ‘Australian made’ and changing the conscious choices we have made that have impacted our economy by rebuilding our manufacturing capability.

20 April 2020 Moore Australia

Government’s First Stimulus Package Announced

Earlier today the government announced a $17.6 billion stimulus package in an attempt to deal with the impact of coronavirus on the Australian economy. Please note the below measures are subject to the relevant legislation passing through parliament. At this stage, parliament is not scheduled to resume untll 23 March.

12 March 2020 Moore Australia

AUSkey is changing - are you ready?

The deadline for myGovID is fast approaching, with only six weeks before the ATO turns off AUSkey at midnight on Friday 27 March 2020.

12 February 2020 Moore Australia

What is The Fair Work Information Statement?

A Fair Work Information Statement (FWIS) is a document issued by the Fair Work Ombudsman (FWO) that gives new employees a general overview of the National Employment Standards (NES) and conditions of employment.

1 January 2020 Moore Australia

Ensure your company is clean as a whistle

In the flurry of activity that comes with a new financial year, you may have overlooked a significant announcement from ASIC about its changes to the Corporations Act to better protect whistleblowers. Even if you’re confident everything is ‘above board’ in your business, the new requirements are noteworthy for all public companies and large proprietary companies because it states there must be a compliant whistleblower policy in place by 1 January 2020, and made available to all employees.

20 September 2019 Moore Australia

How incremental innovation can drastically help your business

If you are that person who thinks to be innovative your business needs to create the next great thing in the form of a new product or a new service, you are missing the whole point. Every business can bring innovation into its corporate culture just by adopting a ‘do better’ or aka incremental approach to innovation. Small changes in processes, service delivery and products can add huge value to your business with minimal impact on the expense items in your P&L. In fact, when done well, incremental innovation can be extremely profitable.

18 June 2019 Moore Australia

Wake up Australia- become PPSA compliant and register your interests! A message to owners of commercial assets who allow others to have possession of their property

When will owners of plant and equipment and other commercial assets who allow others to hold or use their property realise they need to do a PPSR registration if they want to protect themselves? Despite repeated warnings about the risk of not registering and a number of court decisions that have made the situation clear, it appears that the message that owners need to register their security interests on the PPSR is still not getting through. The recent WA Supreme Court decision of Flown Pty Ltd v Goldrange Pty Ltd 2016 WASC 419 has once again has highlighted the problem. The case involved a commercial lease situation and certain plant and equipment that was “owned” by the lessor that were on the leased premises. The lessor had earlier provided a loan of $460k to the Lessee for the purchase of the plant and equipment that was secured by the plant and equipment and guaranteed by the directors of the lessee.

1 February 2017 Moore Australia

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