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.
Leading indicators are designed to flag potential problems early, so that preventive action can be taken. It also helps to identify your areas of improvement, where you can focus resources in time to prevent undesirable business outcomes.
Dealer profitability as measured by net profit as a percentage of sales (NP%S) was 2.5% for the average Australian dealer in December 2015. The result was the highest of the months in the last quarter of the calendar year. The YTD NP%S for the average dealer has gone up by 0.4% in 2015 as compared to 2014 and now measures 2.3%.
In August, the average dealer’s profitability dropped away slightly, driven by an increase in expenses per new vehicle sold, to reach 1.6% for August. This was measured at 0.6 percentage points below the YTD NP%S for August of 2.2%.
Dealer profitability as measured by net profit as a percentage of sales (NP%S) was 2.3% for the average Australian dealer in September 2015.