Payroll underpayment issues – where to start?

24 June 2020 | Janine Thompson

There is no end in sight to the flow of payroll underpayment claims hitting the headlines and the desk of FairWork Australia. The problems are indiscriminate, arising in organisations within a broad range of sectors, size and...

Advisory COVID-19 Forensic Insight 24 June 2020
Forecasting in uncertain times: modelling lessons from COVID-19

16 June 2020 | Aldo Gutierrez

We have been exposed to multiple COVID-19 estimates, including the number of contagious, fatalities, rates and other metrics. These forecasts consistently change and we have seen significant differences in the projected numbers....

Advisory COVID-19 Forensic Insight 16 June 2020
IN RETAIL (NEW ZEALAND): COVID-19 special edition #4

9 June 2020 | Conor McElhinney & Nick Grady

Retailers received some much-needed relief following New Zealand’s downgrade of its COVID-19 response status from Alert Level 3 to Level 2 from 14 May 2020, allowing stores to re-open, with encouraging footfall and sales data....

COVID-19 Restructuring Report 9 June 2020
Five considerations when conducting a counterparty risk review

3 June 2020 | Barry Kogan, Chris Johnson, Emmanuel Hart & Rob Arthur

The current operating environment is unprecedented and many companies will be subject to increased financial and operational pressures. These pressures may lead to counterparties experiencing distress ranging from delayed...

COVID-19 Restructuring Insight 3 June 2020
The value of your contractual dispute just changed –...

1 June 2020 | Matthew Ashby & Matthew Gold

Globally, many businesses are currently suffering negative financial impacts in the face of the COVID-19 pandemic. As economies have been gradually wound down to slow the rate of infection, demand for certain goods and services...

Advisory COVID-19 Forensic Insight 1 June 2020
“The toughest year of our lives…” Managing through a...

28 May 2020 | Matt Fehon & Sara Deady

“A crisis like nothing we have seen before”, “economic tsunami” “the Coronavirus recession is here” “a hundred years on, will there be another Great Depression?” The magnitude of the COVID-19 crisis reminds us...

Advisory COVID-19 Forensic Governance, Risk & Compliance Insight 28 May 2020
Engaging with stakeholders in uncertain times

25 May 2020 | Sean Wiles & Adam Blogg

Managing through the challenges that COVID-19 is creating for business will require a significant amount of support from key business stakeholders. We are already seeing Government stimulus and a flexible approach by lenders to...

Advisory COVID-19 Strategy & Business Improvement Insight 25 May 2020
Looking Beyond: Optimise your capital structure and execute your...

22 May 2020 | Rob Arthur & Sean Wiles

This is the final part of our series focused on strategy. So far we have covered why you need a new strategy, some of the external factors that will shape your thinking, practical considerations in remobilising your business, how...

Advisory COVID-19 Insight 22 May 2020
Looking Beyond: Building resilience and assessing M&A opportunities

18 May 2020 | Rob Arthur & Sean Wiles

This is the third part of a series focussed on strategy. The first and second parts covered why you need a new strategy, some of the external factors that will shape your thinking and practical considerations in remobilising your...

Advisory COVID-19 Insight 18 May 2020
IN RETAIL (NEW ZEALAND): COVID-19 special edition 3

12 May 2020 | Conor McElhinney, Andrew Grenfell & Nick Grady

The effect of past shocks on the retail sector and what this may tell us about a post COVID-19 environment In this special COVID-19 release, we look at what happened to retail sectors during past shocks. Although this time is...

Advisory COVID-19 Restructuring Report 12 May 2020
Looking beyond: External factors and remobilisation

11 May 2020 | Rob Arthur & Sean Wiles

This is the second part of a series focussed on strategy. The first covered why you need a new strategy and now the focus shifts to some of the external factors that will shape your thinking and considerations in remobilising...

Advisory COVID-19 Insight 11 May 2020
ausbiztv Interview – Jason Ireland

7 May 2020

What are the next stages of recovery for the retail sector? McGrathNicol Partner, Jason Ireland speaks to ausbiztv about what “get back to normal” will look like for the retail sector and how conversations between landlords...

COVID-19 Media 7 May 2020
Looking beyond: How to prepare your business for post...

6 May 2020 | Rob Arthur & Sean Wiles

Now is the time to start thinking about what the impacts of COVID-19 mean for your business in the medium to longer term. The majority of business owners have been in crisis management mode, focused on stabilising their business...

COVID-19 Insight 6 May 2020
COVIDSafe Launch – success or failure?

4 May 2020 | Blare Sutton

The Federal Government has released a key part of its strategy to combat COVID-19 through the Google and Apple App stores. Over two million people keen to do their bit for society downloaded and installed the app in just 24...

COVID-19 Insight 4 May 2020
Maintaining competitive advantage for hospitality operators during the COVID-19...

29 April 2020 | Anthony Connelly & Emma Fletcher

The hospitality sector is experiencing significant impacts from COVID-19, including material changes to operations from Government regulations, which can lead to financial hardship.  It is a stressful time for business owners...

Advisory COVID-19 Insight 29 April 2020
Everyone loves a bargain

28 April 2020 | Christopher Davey & Keith Crawford

The flow on consequences of COVID-19 to Australian businesses and recent sluggish economic growth may result in a greater volume of distressed acquisition opportunities in the coming months. Injecting fresh capital where there...

Advisory COVID-19 Restructuring Transactions Insight 28 April 2020
Directors’ duties in a crisis

27 April 2020 | Robyn McKern & Matthew Caddy

When a crisis hits, issues arise on multiple fronts in what quickly becomes an unrecognisable business landscape. It can be difficult for directors to sort through the issues, prioritise and make informed decisions quickly. In...

COVID-19 Restructuring Insight 27 April 2020
The Australian: Contact tracing app is not Big Brother

23 April 2020 | Blare Sutton

This article was first published in The Australian on 22 April 2020. The Federal government’s plans to introduce an app based on the Singapore government-developed app TraceTogether to help prevent the spread of COVID-19 has...

Advisory COVID-19 Technology & Cyber Media 23 April 2020
Is your whistleblower program effective against COVID-19 risk?

22 April 2020 | Dean Newlan & Ben Cheah

Working remotely has become the norm due to the disruptions caused by COVID-19. Organisations need to refocus their whistleblower policies in light of staff working from home en masse for the first time ever. Working from home...

Advisory COVID-19 Financial Crime Exchange Forensic Insight 22 April 2020
COVID-19 and business interruption insurance: critical information required for...

21 April 2020 | Mike Hill & Matt Fehon

On 11 March 2020, the Insurance Council of Australia declared the COVID-19 outbreak to be an ‘insurance catastrophe,’ following its designation as a pandemic by the World Health Organisation. Many Australian businesses are...

Advisory COVID-19 Forensic Insight 21 April 2020
Insolvent trading and COVID-19: considerations for Company Directors

20 April 2020 | Robyn McKern & Matthew Caddy

The duty of directors to not allow a company to trade whilst it is insolvent is a specific duty under section 588G of the Corporations Act 2001 (the Act). Allowing a company to incur a debt at a time when there are reasonable...

COVID-19 Restructuring Insight 20 April 2020
Recommended Zoom Security Controls

17 April 2020 | Shane Bell & Darren Lim

The popular videoconferencing service Zoom has recently come under scrutiny for security vulnerabilities being identified within their software such as ‘Zoombombing’ and dreaded ‘0-day’ vulnerabilities....

Advisory COVID-19 Technology & Cyber Insight 17 April 2020
Wear a “black hat” when assessing a bargain

16 April 2020 | Keith Crawford & Christopher Davey

Whether driven by the recent economic impact of COVID-19, or resulting from the ordinary course of business, the release of profit warnings, missed earnings guidance or the release of results significantly below consensus...

Advisory COVID-19 Restructuring Transactions Insight 16 April 2020
IN RETAIL (NEW ZEALAND): COVID-19 special edition #1

8 April 2020 | Conor McElhinney, Andrew Grenfell, Leanne de Seymour & Nick Grady

The COVID-19 crisis is undeniably changing the retail landscape in New Zealand and across the globe. While the crisis is ongoing and the full extent and length of any impact remains unknown, retailers, landlords and financiers...

Advisory COVID-19 Restructuring Report 8 April 2020
IN RETAIL: COVID-19 special edition #1

8 April 2020 | Jason Ireland, Ciaran Mannion, Damien Pasfield & Tom Flannery

The COVID-19 crisis is undeniably changing the retail landscape, not only in Australia but across the globe. While the crisis is ongoing and the extent and length of any impact remains unknown, both retailers and consumers (as...

Advisory COVID-19 Restructuring Report 8 April 2020
Forecasting in an environment of uncertainty and rapid change

8 April 2020 | Sean Wiles & Adam Blogg

Having a robust financial forecast is an important tool during a time of crisis, significant change or uncertainty.  Management teams must be looking forward at what might play out over the coming weeks and determine the likely...

Advisory COVID-19 Strategy & Business Improvement Insight 8 April 2020
From panic buying to mass store closures – looking...

3 April 2020 | Damien Pasfield & Jason Ireland

The retail environment is changing on a daily and even hourly basis as a result of COVID-19, with consumer responses to the pandemic being felt across the industry and impacting retailers in very different ways. The extremes...

Advisory COVID-19 Insight 3 April 2020
Managing investigations remotely

3 April 2020 | Graham Newton, Matt Fehon, Michael Shanahan, Robin Tarr & Shane O'Keeffe

As business and the broader economy seeks to adapt to a changing world, it’s worthwhile considering how we can maintain a level of vigilance and appropriately respond to financial crime or unwanted events, when or if they...

Advisory COVID-19 Forensic Insight 3 April 2020
Rational people do bad things in uncertain times

30 March 2020 | Matt Fehon & Cameron Gray

Fights over toilet paper, security guards protecting supermarkets, rationing of basic goods and medicines due to panic buying – has the world gone crazy? In uncertain times, ’rational’ people can do irrational...

Advisory COVID-19 Forensic Insight 30 March 2020
ABC News Interview – Keith Crawford

27 March 2020

Buying time and conserving cash is crucial in the current environment. McGrathNicol Restructuring Partner, Keith Crawford speaks to Australian Broadcasting Corporation (ABC) about the announcements made by the Australian...

COVID-19 Insight 27 March 2020
Cyber-attacks through outsourced IT

26 March 2020 | Rob Brown, Blare Sutton, Darren Hopkins & Shane Bell

We are responding to a large number of urgent requests for clients who have been victims of cyber-attacks and the common fault can be attributed to trusted third party service providers. As we quickly change our working...

Advisory COVID-19 Technology & Cyber Insight 26 March 2020
Seven step COVID-19 plan for businesses

25 March 2020 | Sean Wiles & Adam Blogg

The COVID-19 outbreak is impacting businesses in many ways including reduced trade, temporary business closures, staffing issues and supply chain interruptions. It is therefore important that Boards and management teams are...

Advisory COVID-19 Strategy & Business Improvement Insight 25 March 2020
COVID-19: The case for a comprehensive risk assessment and...

6 March 2020 | Keith Crawford & Andrew Wharton

The ongoing spread of the Coronavirus (COVID-19) has created a myriad of unique challenges for corporate Australia. Most organisations (including state and federal governments) are currently focused on supply chain dependencies...

Advisory COVID-19 Forensic Governance, Risk & Compliance Restructuring Strategy & Business Improvement Technology & Cyber Transactions Insight 6 March 2020
Coronavirus themed attacks are being used to socially engineer...

5 March 2020 | Darren Hopkins & Rob Brown

In the past month there have been an increased level of coordinated and aggressive cyber-attacks targeting Australian businesses, individuals and Government agencies. These attacks have leveraged the news and hysteria around...

COVID-19 Cyber & Information Risk Forensic Insight 5 March 2020