The role of a board member has evolved significantly in recent years. Today, boards are expected to provide not only oversight and strategic guidance but also resilience in the face of rapid change. According to the Australian Institute of Company Directors (AICD), directors play a critical role in ensuring effective governance, fostering accountability, and positioning…
Graduating with an accounting degree is a milestone achievement, but it’s also just the beginning. The Australian accounting profession is diverse, offering pathways in audit, tax, advisory, and more. To stand out and build a rewarding career, graduates need more than technical knowledge; they need a plan. Commence employment as an Undergraduate Hall Browns has…
Australia’s superannuation system is about to undergo one of its most significant overhauls in decades. The Payday Superannuation reform, introduced through the Superannuation Guarantee Charge Amendment Bill 2025 and the Treasury Laws Amendment (Payday Superannuation) Bill 2025, seeks to ensure that super contributions are paid in line with employee wages, not months later. From 1…
What last year’s numbers can tell you about next year’s success The end of the financial year (EOFY) is more than just a compliance checkpoint. It’s a valuable opportunity to assess business performance, review financial decisions, and establish a clear plan for the year ahead. At Hall Browns, we work closely with clients across Brisbane…
Hall Browns Accountants are proud of the Lady Musgrave Trust and their recent opening of Jinndii Waijung. Built by The Lady Musgrave Trust, this housing complex will provide close to 12,000 safe nights yearly across their portfolio of properties, for young women and their children doing it tough. This marks the start of something special….
A Quiet Revolution in Accounting AI has been a buzzword for some time. It might not be the first thing that comes to mind when you think about accounting, yet it’s already reshaping the profession, in very practical ways. It’s changing how accountants work and what clients experience. AI and automation in this space doesn’t…
A Quiet Revolution in Accounting As of 1 July 2025, taxpayers will no longer be able to claim tax deductions for ATO interest charges—specifically General Interest Charges (GIC) and Shortfall Interest Charges (SIC)—on your tax return. If you currently have a debt with the ATO or are considering entering into payment plans with the ATO then this guide…
Fringe Benefits Tax (FBT) is a critical consideration for Australian businesses, yet it remains an area that many employers struggle to navigate effectively. With recent changes to FBT regulations coming into effect in 2025, it’s essential for business owners to stay informed, ensure compliance, and optimise their tax positions. This article breaks down what FBT…
As a business owner, financial health is the foundation of your company’s success. But how do you measure success beyond just checking your bank balance? With so much data to choose from, how do you decide what is most important for you at the time? Key Performance Indicators (KPIs) provide valuable insights into your profitability,…
As we step into 2025, it’s the perfect time for business owners to set clear financial goals that will drive success in the year ahead. Whether you’re a startup, a growing business, or an established company, having defined financial objectives ensures you stay on track for profitability, stability, and long-term growth. Why setting financial goals…