Our new Accountants Jessie Xiao and Sharon Zhou gave a presentation to our staff on Understanding Australia-Chinese business trade relationships. The Australian Chinese Trade Relationship China is Australia’s largest trading partner. While the bulk of exports to China consist of iron ore and other resources such as coal and gold, exports now are expanding beyond resources. On the other hand Chinese Investments in Australian property and business is not insignificant. These factors combine to make this a significant trade relationship for Australia. Possessing an understanding of this relationship allows for an appreciation of the opportunities and considerations to take into account when doing business in China. Overview of China’s economy China as one of the largest emerging economies plays a critical role in global economy. China has the largest population in the world which is about one sixth of the...
February – 2015 Practice Update covers following points
- ATO data matching programs
- Motor vehicles
- Share transactions
- ATO focus on super obligations – child care, pubs and cleaning
- Travel allowance – deductions are not a foregone conclusion
- ATO recovers super from phoenix operators
- Single Touch Payroll
- Construction industry annual payments report
In late January my colleague Trevor Anthony and I conducted a presentation for the Zimsen Partners staff on the book by Michael Jordan titled, I can’t accept not trying Michael Jordan on the pursuit of excellence. Known as perhaps the greatest basketball player ever and a true global sporting icon, Michael in his own words shares his philosophies and principles that have underpinned his remarkable life. He divides the book into 6 topics and draws upon his own experiences and beliefs as he describes how each of these topics have meaning in business, sport or our personal lives. Below I have highlighted some of the key learnings we presented to our staff and discussed how they can be applied in business and indeed our personal lives. Goals Michael knew his ultimate goal was to be the best. However he broke this...