RSM Australia

Engineering

The engineering industry in Australia is poised for significant growth in the next five to 10 years. With more large-scale infrastructure projects getting the go ahead, engineering construction alone is expected to grow to around $140 billion by 2018. This is more than double what it was in the last decade. The continued growth in the oil and gas sector, transport infrastructure, electricity generation and supply, sewerage and water supply projects will mean boom time for the industry.

We work closely with engineering companies to help them make strategic decisions in an environment with converging markets. We understand the complexities faced by the industry’s players, from the demand for lower-priced contracts to shorter completion times to environmentally sound designs and increased competition.
Speak to one of our advisors specialising in the engineering industry today to find out what we can do for you and your business.

Concern over complacency on new revenue standard

23 September 2016
With virtually every industry set to be affected, companies should be doing more to prepare for new rules on how revenue is recognised, according to accounting firm RSM Australia (RSM).

WA state tax exemption for charitable bodies or organisations

10 April 2015
How will the changes affect your organisation?

Is your business ready for sale?

1 April 2015
There are many reasons you might sell your business, including to capitalise on your investment and start a new business or another venture. Whatever the reason, the decision to sell your business does not come easily, and as the business owner, you want to make sure that you get the most out of the sale.

How to minimise the risk of aquisitions

30 March 2015
Merger and acquisition activity is soaring in some sectors such as healthcare, while it is taking a backseat in other sectors such as mining services. In this climate, businesses must take a step back and evaluate the benefits and risks of making acquisitions in their sector.

Fringe benefits tax – tax tips for year end

16 March 2015
With 31 March just around the corner, many businesses are focusing on ways to reduce their fringe benefits tax (FBT) liability. We have therefore provided the following strategies that may help in reducing FBT.

Payroll tax update for WA

5 March 2015
Payroll tax threshold The Western Australian payroll tax threshold went from $750,000 to $800,000 on 1 July 2014. Plans to raise it to $850,000 have been delayed to 1 July 2016 (at this stage!).

Case study: Pindari

1 January 2015
The vital and booming resources sector in Western Australia generates more than $100bn a year in revenue and inspires tens of billions of dollars in new resource investments. Pindari is one company that has swiftly grown from strength to strength through the boom.