SproutX launches first regional agtech hub in Mildura

Mildura, 28 February, 2018– SproutX, Australia’s national agtech innovation hub, has launched its first regional agtech centre in Mildura to ignite entrepreneurship across the Mallee region.

In partnership with Mildura Regional Development (MRD), SproutX will open a co-working space at The Mill, Mildura’s newly established innovation space, and will mobilise a community to support startups in the agricultural space in the region.

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Crowe Horwath Maintains Focus on the Medical Sector and Assists with Mundipharma Acquisition

Findex and Crowe Horwath are pleased to share a recent transaction delivered for Mundipharma.

Mundipharma Pty Limited has acquired Tolmar Australia Pty Limited, which is a company specialising in medicines and support for men in the advanced stages of prostate cancer. Crowe Horwath advised Mundipharma during the financial due diligence stage of this acquisition process.

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Impact of AASB 124 Related Party Disclosures on Public Sector Entities

AASB 124 Related Party Disclosures came into effect on 1 July 2016 for not-for-profit public sector entities. The purpose of disclosures about related parties is that knowledge of an entity’s financial relationships with related parties may affect how a user of the financial statements assesses an entity, including the appropriateness of its transactions with, and exposures to, related parties.

Although many public sector entities, such as departments and statutory bodies, have been disclosing compensation paid to key management personnel (KMP) for many years, these disclosures will be new for some entities such as local governments.

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Australian businesses urged to seek protection following global cyber attack

The recent global cyber-attack has sent shockwaves around the world, and the impacts are being felt close to home.

More than 200,000 people in 150 countries have been affected by the unprecedented ransomware attack which occurred on Friday. The Federal Government has confirmed that several Australian businesses have fallen victim, and we’re being warned that more is yet to come.

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Findex to move to fee-only risk model

Findex is pleased to confirm that the group will transition away from the current hybrid commission model to a fee-for-service model from 1 July 2015.

The news alert below is taken from Risk Adviser.

Findex has confirmed it will move its dealer groups away from its current hybrid commission model and move to a fee-for-service model for all risk advice.

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Findex restructures, refines brand

Findex has announced a major restructure to its operating model and an associated rebranding to signal this change. The new branding initiative heralds the group’s formal adoption of a comprehensive service model that will see all businesses in the group offering a wide range of financial services including wealth advice, accounting and tax, and a range of related services, regardless of the traditional speciality of that individual business.

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