McGrathNicol

Our Perth team recently volunteered with Dress for Success Western Australia, helping to sort, price, and organise clothing for sale. Dress for Success empowers vulnerable women by providing professional attire, career coaching, and resources to build confidence and succeed in the workforce. Thanks to the Dress for Success team for all you do, and to our team for volunteering their time for a great cause.

Our Sydney office came together last week to celebrate Diwali, the largest Indian festival of the year. Our people dressed in vibrant colours, ate a feast of Indian dishes and sweets, received henna tattoos, tried on bangles and bindis, and took home decorated candles to light with their families. A special thanks to Anmol Saini and Jai Bhalla, ACA for sharing stories about the significance of Diwali, helping to foster a deeper sense of connection and community in the office. Happy Diwali to everyone who celebrated! May this festival of lights bring prosperity, joy, and abundance to all.

In Dynamic Business, Partner Tony Barnes' Privacy Act analysis is referenced in relation to this week's US election and its likely impacts on Australian small to medium-sized businesses. For companies storing, collecting, processing, and monetising data, now is the time to take data governance risk seriously. Read the article below and here for the original blog post: https://lnkd.in/gs3rYxtd

According to McGrathNicol research, executives are finding it difficult to choose appropriate security risk frameworks and ensure these are fully integrated across their businesses. Only 9 percent of surveyed Australian organisations are thinking about how changes in the security risk landscape may impact them following the US election, for instance. Read analysis of the changing enterprise security risk landscape by Partner Matt Grant and the Governance Institute of Australia below. https://lnkd.in/g_Je7_DJ

We are proud to be sponsoring the 69th annual Walkley Awards to celebrate journalism excellence. The Walkley Foundation for Journalism Walkley Awards are Australia’s pre-eminent national journalism awards, recognising and rewarding the best in the industry. We are sponsoring the Audio Long category which coincides with our recent sponsorship of the Baghdad Nights podcast. View the finalists here: https://lnkd.in/g63JUZbW

Employers may soon be required to pay employees’ superannuation on the same day as relevant wages and salaries. Partner Siobhan Hennessy discusses the proposed ‘Pay Day’ super changes and what these reforms will mean for organisations in our blog post below. https://lnkd.in/gHtxxztg

The Cyber Security Bill 2024 marks a critical step forward in safeguarding Australia’s economy from escalating cyber threats. In our latest blog post, Partner Darren Hopkins shares analysis of the key provisions, with our McGrathNicol 2023 research and report “Ransomware: A Cost of Doing Business” playing a key role in shaping the Federal Government’s response. Read the full blog post below and access a copy of our 2023 Report: https://lnkd.in/gGwspgKv https://lnkd.in/g4kPBQhH

McGrathNicol New Zealand is proud to announce the appointment of Andrew Keenan as a Parter in Auckland. "Andrew is a great addition to our New Zealand team. We are excited to welcome him to the firm at a time when our clients are looking for clear advice to improve performance, mitigate risk and achieve stability and growth in a challenging economic environment. Our clients will benefit from the breadth of experience and expertise Andrew brings to the firm,” says Andrew Grenfell, Managing Partner of McGrathNicol New Zealand. Further information on Andrew, please visit our website: https://lnkd.in/g5qDC9Nn

Partner Sean Wiles featured in Dynamic Business this week, offering practical tips for SMEs to manage cash flow and introduce disciplined working capital practices. “The shorter the working capital cycle, the faster the conversion of earnings to cash. This, in turn, increases liquidity and provides management teams with options during tougher trading conditions. The challenge is managing all parts of the cycle as efficiently as possible at the same time.” Read the full feature below, with thanks to the Dynamic Business team.

Partner Darren Hopkins has been named a finalist at the 2024 Australian Information Security Association (AISA) Awards in the Professional of the Year category. We are very proud of this recognition and look forward to celebrating Darren and the other talented finalists at the awards night on 26 November 2024. Voting has now opened and if you are an AISA member, we would greatly appreciate it if you could please vote.