Australia's Federal Budget 2015-16 is here. Download the report, watch the video overview and explore additional insights.
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Are you aware of the latest rates and thresholds that will affect your FBT liability? Click for a summary of the latest rates and thresholds for the year ended 31 March 2015.
Healthy sales figures show new motor vehicle sales rose by 3.2% - are you overlooking your aftersales?
Dealer profitability as measured by net profit as a percentage of sales (NP%S) was 1.8% for the average Australian dealer in July 2015 and 2.5% for the calendar year-to-date (YTD).
Dealer profitability as measured by NP%S was 4.3% for the average Australian dealer in June 2015 - one of the strongest monthly results seen across the industry over the past few years – driven by bonus income payments.
In May 2015, dealer profitability strengthened off the back of April, with the average Australian dealer recording net profit as a percentage of sales at 1.9%. This strong growth was positively reflected in the YTD NP%S results, with the national average as at May at 2.1%.
Date: November 23 - 26th 2015 Learn the financial dynamics of a dealership, key drivers of profitability and the relationship between departments.
Deloitte will again be teaming with AADA to attend a study tour of the National Automotive Dealer Association Convention in 2016. This year the event moves to Las Vegas from March 31 to April 4 and we are seeking interest to attend the tour group. Register your interest early to guarantee your place.
Date: October 8 - 9th 2015 Accounting theory in the context of dealership financials and department transactions.