With tougher penalties now in place, NSW employers should review their workers compensation insurance arrangements and ensure they meet the new compliance requirements.

Collins Hume's Nathan McGrath joined Business Lismore's panel to discuss business strategy, sustainable growth and building long-term value. Explore the event highlights and key takeaways.

Join Nathan McGrath at Business Lismore on 13 October for practical business strategy insights. Book your place.

CGT reform is coming. If you leave your business valuation until a future sale, important financial and commercial evidence may be difficult to reconstruct, and Treasury’s allocation formula may not reflect when your business created its value.

The Government’s proposed 30% minimum tax on discretionary trusts could have significant implications for some family groups, particularly where trusts distribute income to companies, although the rules remain subject to consultation and aren’t final yet.

For many businesses this will mean simpler pricing, fewer compliance headaches and potentially better margins, but it also means some preparation is needed.