StewartBrown has released its first Disability Services Financial Benchmark Report. The report, for the 12 months to 30 June 2022, incorporates detailed financial and supporting data from 36 participating organisations, 1,056 SIL homes and 29,513 NDIS participants across Australia. It provides invaluable insight into the trends and drivers of financial performance at the sector level and the individual service level. This first report provides the base point for future benchmarks and the comparative period for the second benchmark for the year ending 30 June 2023 (FY23). Data collection for FY23 is open, with a cut-off date of Friday 20 October 2023. The FY23 Benchmark will be released in December 2023.

Click here to download a PDF copy of the StewartBrown Disability Services Financial Benchmark report for June 2022.

The StewartBrown March 2023 (nine months) Aged Care Financial Performance Survey incorporates detailed financial and supporting data from 1,143 aged care homes (91,622 beds/places) and 69,753 home care packages across Australia. The quarterly survey is the largest benchmark in the aged care sector and provides invaluable insight into the trends and drivers of financial performance at the sector level and at the aged care home or programme level

Click here to download a PDF copy of the Stewartbrown Aged Care Financial Performance Survey report for March 2023 (nine months).

For the information of clients we enclose this checklist which you may find helpful in planning your year-end tax strategies. Careful planning (and in many cases timing) is always important when tax planning is concerned. This document is not exhaustive and your individual circumstances must be considered. Please contact your StewartBrown Manager or Partner should you need any assistance with understanding or applying the below.

Here’s a quick summary of what you need to consider for yourself and your business before the end of the financial year:

On Tuesday, 9 May 2023, Treasurer Jim Chalmers handed down the 2023-24 Federal Budget. As with all Budgets, these are announcements only and have not been legislated. The details are still to be worked through, and both Houses of Parliament need to pass legislation before the announcements take effect.