News, views and industry trends
Can commercial property be used as residential?
Did you know that the Australian housing market has a deficit of nearly 200,000 homes, unable to meet the current buyer demand? Meanwhile, many commercial spaces remain underutilised as businesses adapt to remote work and changing economic conditions…
Future-proofing your business: The power of cloud-based business continuity plans
Unexpected disruptions can strike at any time, bringing operations to a halt and causing serious losses. But what if your business could stay up and running no matter what? Business continuity cloud plans make that possible, offering secure, scalable…
Facility condition assessments: Strategies for long-term asset care
Did you know that the average age of commercial buildings is 60 years? As buildings and their systems age, wear and tear become inevitable, leading to costly repairs and operational disruptions if left unchecked. Facility condition assessments (FCA) …
What are non-lease components in lease accounting?
Leasing plays a vital role in business operations, helping companies secure the assets they need without ownership. However, lease accounting can get complicated when agreements contain more than just base rent, specifically, non-lease components. No…
Gaining insights from people counting: Strategies for data-driven decisions
People counting systems give you the power to understand how individuals move through spaces and make smarter business decisions. These systems aren’t just about counting heads, they’re about uncovering trends, optimising operations, and improving cu…
How to design an effective hybrid workplace
As workplaces evolve, the hybrid model has emerged as a popular solution to balance remote and in-office work. Designing an effective hybrid workplace goes beyond splitting teams into on-site and remote categories. It requires strategic planning, the…
How SGP created smart systems and sustainable growth
At a glance By automating trust accounting and standardising its core workflows, MRI Eagle CRM has helped this emerging agency slash administrative hours and maintain audit compliance, creating a scalable platform for continued growth. About SGP SGP …
What is lease liabilities in accounting?
Lease liabilities are a cornerstone of modern financial reporting, representing a company’s obligation to make payments for leased assets over time. Accurate accounting of these liabilities is essential for transparency and compliance with financial …