BDO in Australia
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Competing for customer loyalty: BDO National Leader of Retail, Salim Biskri, talks to The Australian, explaining that inflationary pressures were pushing businesses to think hard about how to retain their customer base, as cost of living forced households to reconsider spending choices.He said there had always been a traditional approach for loyalty programs around discounts and promotions but changing customer demands meant some retailers were beginning to review that strategy.“Today’s loyal shoppers want brands that acknowledge and reward actions beyond the purchase. So I think you need to recognise them for doing something that promotes the brand,” he said.That was particularly true of Generation Z consumers, who were looking “for more than just pricing”, Mr Biskri said.“Those customers will be looking for personalisation and an experience or added perks for their loyalty.”As a result, he expected that tailored offers to customers would become more common as more businesses had access to significant data points.Subscribers to The Australian can read the full article:https://lnkd.in/gHmMD6jG#customerloyalty #retail
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What will the Federal Budget mean for you? Our expert team provides detailed commentary on the economic measures announced by the Federal Government. Sign up to receive our analysis.
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Join Aletta Boshoff and Kevin Frohbus for the next event in our sustainability webinar series. On 24 April, we will explore this essential step in your sustainability journey – measuring your carbon footprint. With stakeholder demands for transparent carbon emission information and targets growing, now’s the time to showcase your commitment to sustainability. Join us as we unpack the importance of carbon accounting. Register now. #Sustainability #ESG #CarbonAccounting #webinar
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Is your medical practice structured for success? In the latest article in our Financial Health series, Andrew Tathem and Jeremy Gimpel share practical tips to ensure your practice is set up for success based on your specific circ*mstances.#FinancialHealth #BusinessStructure #Healthcare
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BDO’s National Leader for Sustainability, IFRS & Corporate Reporting, Aletta Boshoff, featured in an article in The Australian this week, explaining how organisations can steer clear of making misleading ESG claims - also known as 'greenwashing'.“When organisations make claims that are false, or even unintentionally misleading, people and entities might make purchasing decisions they may not otherwise have made,” said Aletta. “This can have various impacts, from financial to environmental, reputational, and – ultimately – trust.”She advised that when consumers or investors are looking at marketing materials related to the environmental performance or impacts of a product, they should consider three things:🟢 Is the statement accurate? Can it be verified?🟢 If the statement relates to future goals – is there a plan to achieve this?🟢 Could the statement be considered vague, misleading, an exaggeration, or an overstatement?Subscribers to The Australian can read the full article:https://lnkd.in/g2T35gp3
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With cost-of-living pressures impacting individuals and industries across the country, it's important to understand how the Federal Budget impacts you. Register for our Federal Budget webinar on Thursday, May 16.#FederalBudget #Budget2024 #australianeconomy
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In our latest Tax Technical Update, we explore the Federal Government’s proposed build-to-rent (BTR) tax concessions. These aim to increase the supply of accommodation available for public rent at a time when there is an acute shortage of Australian residential rental accommodation. While the measures clearly provide an incentive for foreign resident investors to invest in BTR projects in Australia, it remains to be seen as to the attractiveness of these measures, and whether the commercial reality of constructing and holding these developments is viable for developers and BTR operators. Find out more. #buildtorent #taxconcessions #taxincentives
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Our M&A team proudly acted as lead adviser to Auto-IT shareholders on the sale of the business to Perseus Group (Constellation Software Inc.). Ask us how BDO can assist you through the M&A process. #deals #acquisition #mergersandacquisitions #technology #softwarehttps://lnkd.in/gA-BDtny
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Measuring your organisation’s carbon footprint is essential in developing its sustainability roadmap. Join us for a one-day Carbon Accounting Masterclass in Adelaide, Brisbane, Melbourne, Perth, Sydney or online, where we’ll share a combination of theoretical knowledge and real-world experience. You’ll leave with an understanding of carbon accounting and the practical knowledge to get started. Find out more.#CarbonAccounting #SustainabilityReporting #CarbonFootprint #Training
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BDO's Business Services Partner Angus Strachan features in The Australian Financial Review today, sharing the latest holiday parks data over the summer and Easter breaks.Between December and February, holiday parks generated average revenue of $641,000, up 12% on the $573,000 generated over the same period a year prior. Occupancy rates rose 2 percentage points to 49%, BDO figures show.“The latest data suggests that holiday parks remain a very attractive option, particularly as household budgets are tested,” said Angus. “People continue to flock to parks, which are largely in regional areas, which allow them to continue to support regional economic and employment opportunities.”AFR subscribers can read the full article here: https://lnkd.in/gwMAd2Pt#holiday #tourism #caravanpark
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