Australia's Federal Budget 2015-16 is here. Download the report, watch the video overview and explore additional insights.
The second phase of eProfitFocus Next Generation is now live. It makes uploading your data easier and faster and gives you more flexible reports and greater access to information.
With the release of eProfitFocus Next Generation Phase 2 you will need to reset your password. Follow the "Reset your password" link in the Log In box in the top right-hand corner of the screen.
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.
A holiday message and some important updates in relation to eProfitFocus.
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.
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.
Register for the Deloitte MIS Industry Overview today and stay up to date about our upcoming event in February 2016.
Date: October 8 - 9th 2015 Accounting theory in the context of dealership financials and department transactions.