Insights

Cyber security as a cornerstone of sustainable supply chain

Imagine this... your business has undergone rigorous internal audits and your processes gleam. But, a single security breach in one of your supplier’s systems exposes sensitive data, disrupts operations, and shatters customer trust. In 2024, with rampant cybercrime, complex global partnerships, and data privacy regulations tightening, ignoring supply chain security...

Phillipa Ngorima

IT Auditor

Sydney, Newcastle

Insights

Local government changes — a sign of the times

As of mid-2022 all NSW local government councils and joint organisations were required to have considered the 2023 Risk and Audit Guidelines. The 2023 Guidelines replace the 2010 NSW Government’s Internal Audit Guidelines for Local Government in NSW. They seek to incorporate findings and lessons learnt from relevant industry reviews...

2 Contributors

Brisbane

Insights

Tax governance matters

Taxation in Australia is both complicated and constantly changing. Public interest in the tax system is arguably at an all-time high. Politically there is a desire to increase tax transparency for larger businesses and high net worth individuals to provide community confidence that ‘the bigger end of town’ is paying...

Garry Mathoda

Director

Sydney

Insights

Embracing the data analytics revolution

Data analytics, at its core, is the art and science of extracting actionable insights from the labyrinth of data. It encompasses the use of cutting-edge tools and methodologies to dissect, analyse, visualise, and interpret data, leading to informed and strategic decision-making. This pivotal concept has gained immense significance in today’s...

Sangeetha Ravisankar

Senior Data Analyst

Sydney, Newcastle

Press Releases

THE HUNTER BREAST CARE BREAKFAST RAISES $49,661 TO SUPPORT THE BREAST CARE NURSES

PKF Sydney and Newcastle, in collaboration with The Newcastle Herald and NEX, celebrated a major milestone as they hosted the 15th annual Hunter Breast Care Breakfast on 25 October, 2023. This sellout event brought together a remarkable 510 attendees, all united in their commitment to supporting the Hunter Nurse Education...

Emma Hansen

Head of Marketing

Sydney, Newcastle

Press Releases

Mark Hughes Foundation

Through endless fundraising, the Mark Hughes Foundation is changing these appalling statistics. The PKF team are big supporters of the Mark Hughes Foundation and had the pleasure of being Mark Hughes Foundation volunteers, helping move and pack hundreds of beanies in preparation for #BeanieForBrainCancer week to help raise money for...

Emma Hansen

Head of Marketing

Sydney, Newcastle

Insights

Understanding and navigating family dynamics in farm succession

Family dynamics are at the heart of farm succession planning, where relationships, roles, and expectations among family members can significantly influence the success or failure of the transition process. Ensuring a harmonious handover not only safeguards the farm's future but also maintains family unity.

Steve Meyn

Chairman

Australia

Press Releases

Record breaking $60,726 raised at the 2024 Breast Care Breakfast

PKF Sydney and Newcastle, in collaboration with The Newcastle Herald and NEX, are delighted at the success of the 18th annual Hunter Breast Care Breakfast held on 17 October. This year the event hit a significant milestone, raising $60,726 to support the invaluable work of the Hunter Nurse Education Group....

Emma Hansen

Head of Marketing

Sydney, Newcastle

Press Releases

PKF Sydney and Newcastle Go Pink for October to Support Hunter Breast Care Nurses

This October, in honour of Breast Cancer Awareness Month, PKF Sydney and Newcastle is going pink, building up to the highly anticipated annual Hunter Breast Care Breakfast, which last year raised an impressive $49,641 for the nurses. This year's breakfast will feature a panel of remarkable women sharing their breast...

Emma Hansen

Head of Marketing

Sydney, Newcastle

Insights

Lauren Deetlefs: Honoured with the Mark Lonnon Employee of the Year Award

Just over two and a half years ago, Lauren and her husband, along with their 2-year-old and 6-month-old baby, moved across the world. The past few years have been among the most challenging yet rewarding of her life, and she is deeply thankful for where they have landed. Every single...

Bob Bell

Managing Director

Sydney, Newcastle

Insights

Common Misconceptions About The Proposed Division 296 Tax for Individuals With A Total Superannuation Balance Greater

From 1 July 2025, the Government has proposed a new tax on those who have a total superannuation balance (TSB) of greater than $3 million. The new tax is called Division 296 (Div 296) and the proposal is for an additional 15% tax to be levied on the movement between...

Daniel Clements

Partner

Newcastle, Sydney

Insights

“Let’s Get It Done” Seminar Series

It feels so unfair that as a Manager, Owner or Decision-Maker, you’re burdened with a bunch of ‘assumed knowledge’ that you may not even know you don’t know. Whether you’re an owner who started your business to do what you’re good at and love to do – and now find...

Stacie Shaw

Partner

Newcastle, Sydney

Insights

Breast Care Breakfast aims for $50,000 raised for the Hunter Breast Care Nurses in 2024

After a huge 2023 event raising just over $49,000 the Breast Care Breakfast organisation committee are setting their sights on topping over $50,000 raised from their annual Breast Care Breakfast event. This year the Breakfast will include a speaking panel of patients who have directly benefited or are currently benefiting...

Emma Hansen

Head of Marketing

Sydney, Newcastle

Insights

Casual Employment Changes

From 26 August 2024 several changes were made to the Fair Work Act regarding casual employment. 1. Definition changes An employee is now deemed to be a casual if: There isn’t a firm advance commitment to continuing and indefinite work, considering several factors, including the real substance, practical reality and...

Laura Mackowiak

Senior Manager

Sydney

Insights

PKF — Your Partner In Wine… And Business

PKF is proud to once again sponsor the Hunter Valley Wine Show. As we enter our second year of sponsorship, it's clear that our commitment goes beyond the weeklong celebrations of this annual event. “This sponsorship is about alignment in values and how we both view community. There is a...

Clayton Hickey

Partner

Sydney, Newcastle

Insights

Small Business Restructuring — Where Are We Now?

The Small Business Restructuring (“SBR”) regime has proved to be an excellent tool to help revive businesses. It was introduced in January 2021 with little fanfare and plenty of scepticism. In the first six months, there were only 12 SBR appointments. However, it has gained popularity and has become a...

Senray Loy

Principal

Sydney, Newcastle

Insights

The Benefits Of Estate Planning: Securing Your Legacy

Estate planning is crucial for the management and distribution of your assets after your death. Documents need to be well drafted to ensure they are legally binding, that your wishes are honoured and your loved ones are provided for according to your preferences. Estate Planning involves more than just a...

Andrew Russell

Financial Adviser

Newcastle

Insights

Data Warehouses And Real-Time Intelligent Reporting — Not Just For Enterprise

Having current and actionable analytics from your business has moved from a nice to have to a must have in recent years, there is little regard for the monthly Excel report delivered 2 weeks after the end of the month. In 2024 we expect more than that from the various...

Will Haywood

Digital Transformation Lead, VInet Solutions

Newcastle

Insights

PKF Sydney and Newcastle Reflect On A Great 2024 Season

PKF Sydney and Newcastle is delighted to reflect on another successful year as the Official Financial Services Partner and NRL Coach Partner for the nib Newcastle Knights during the 2024 season. Our partnership, which began with great anticipation, has proven to be a significant milestone in our ongoing commitment to...

Andrew Beattie

Director

Newcastle, Sydney, Port Stephens

Insights

Building Financial Resilience: Strategies For Sustainable Success In The Club Industry

PKF was recently invited by Clubs NSW to present at the Club Education Institute (CEI) Seminars, which were held across 14 locations in NSW over the past two months, with more than 600 attendees from over 160 clubs. We chose to present on Financial Resilience, as this has been a...

David Hutchison

Partner

Newcastle, Sydney

Insights

Take 5… With David Pring

Q. What is a little known/interesting fact about you? I love offshore sailing and my picture of getting away is sailing out through the heads on a multiple day voyage north or south. Q. Do you have a career highlight so far? Career highlights occur for me when delivering a...

David Pring

Partner

Newcastle

Insights

Buying a Pharmacy: Key Considerations

Buying a pharmacy is a major decision, much like purchasing a house. It's not just about finding the right opportunity; knowing how much to pay and making sure it fits your long-term goals are crucial to success. Defining what you are looking for Once you’ve decided to invest in a...

Trent Ruprecht

Partner

Newcastle, Sydney

Insights

Elevation and maturity of the internal audit function

With less than six months to go, has your organisation considered how to implement the new internal audit standards? Internal Audit (‘IA’) plays a vital role in helping organisations achieve improved performance, in ensuring risks are adequately managed in an increasingly complex landscape, and in protecting the public interest. To...

2 contributors

Brisbane

Insights

Enabling a consistent approach to tax affecting your leases and decommission responsibilities

For the year ended 30 June 2024 (and 31 December 2023), entities are required to recognise a related deferred tax asset (DTA) and a deferred tax liability (DTL) for leases and decommissioning liabilities. In June 2021, the Australian Accounting Standard Board (AASB) published AASB 2021-5 Amendments to Australian Accounting Standards...

Garry Mathoda

Director

Sydney

Insights

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Phillipa Ngorima

2 Contributors

Garry Mathoda

Sangeetha Ravisankar

Emma Hansen

Emma Hansen

Steve Meyn

Emma Hansen

Emma Hansen

Bob Bell

Daniel Clements

Stacie Shaw

Emma Hansen

Laura Mackowiak

Clayton Hickey

Senray Loy

Andrew Russell

Will Haywood

Andrew Beattie

David Hutchison

David Pring

Trent Ruprecht

2 contributors

Garry Mathoda

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