Capitalising on the Asian Century
It’s widely accepted that we are living through the first decade of the Asian Century – a period when Asia is predicted to continue its rise as a global economic power.
Australia is well placed to be part of the region’s growth story, but we must move beyond selling commodities and raw materials. Instead we...
Bridging the cultural gap in business
Billions of people in China and around the world celebrated Chinese New Year recently. This year of the snake (revered in China for quickly pouncing on opportunity) is expected to bring about more modest growth for our neighbour to the north. I must say growth of 7-8% looks pretty good when compa...
Last week’s announcement by the Rudd Government of their intention to streamline eligibility criteria for the Fringe Benefits Tax (FBT) on salary sacrificed employee cars, which avails the Government of approximately $1.8b, was met with a tidal wave of conflicting opinion from Australian business.
Those who shouted the loudest – in particular, ...
A letter to our new PM
After the election I penned this letter to our new Prime Minister outlining all the things I hope he’ll consider on behalf of our clients and the broader business community.
The Hon Tony Abbott MP
Welcome to 2014 and a happy new year to those celebrating Chinese New Year, the year of the Horse.
I’d like to start by sharing with you an interesting conversation I had at the start of the New Year with a friend of mine - let’s call him Bill. This is how the conversation went.
Bill: “How are things?”
Doug: “I’m optimistic.”
Bill: “You’re ...
Last year, you may recall that I wrote about the importance of moving beyond selling resources- the foundation of our economic relations with China to date - to take advantage of vast opportunities to provide services to the growing middle classes.
It’s fair to say entrepreneurs and small to medium businesses had little chance of getting in on ...
There's plenty of media hype about how automation and robo-advice could replace traditional tax, business and financial advice; and disrupt the business models of accountants everywhere. We don't buy it and here’s why.
Technology is good at information, success is about how you use it
Tax, business and financial planning advice is as muc...
Over the years I have benefited from other business people, investors and professionals sharing their knowledge with me. Sometimes it is on a very casual basis over a beer. Sometimes it is being able to pick up the phone and discuss a technical matter with a lawyer or run the detail of a project past a banker to see if there is a solution to a...
A series of changes to superannuation originally proposed in the Budget became law on 23rd November 2016; finally bringing some certainty to the outlook for professionals, business owners and retirees. The majority of the changes will come into effect in July 1 2017. This gives everyone a few months to consider the impact of the changes and how...
The last Ford ute rolling off the production line in Victoria late last year was a sign of the times. It’s now commonplace for industries with long histories in Australia to transform before our eyes in the wake of globalisation and technological change. And it is Generation X – smack bang in the middle of their working lives – that will feel so...
Doug and the team at Mitchell Wilson have supported my travel businesses for years. They are great accountants and financial advisers with a deep understanding of our industry who constantly offer valued advice in relation to business strategy, tax planning and personal tax. They take care of everything.
CEO, Express Travel Group
They're more than just accountants - they're really GOOD PEOPLE.
They translate the technical talk and keep it RELEVANT.
They're ASTUTE and I can trust their advice.
I wouldn't make a business move without talking to them FIRST.
They create TRUST in our business relationship and that's invaluable.