News & Insights

Insolvency Law Reform Bulletin for FTA Members

Late on the evening of Monday, 10 September 2017, Federal Parliament passed the Treasury Laws Amendment (2017 Enterprise Incentives No. 2) Bill 2017 which contains two very significant reforms to insolvency law in Australia.

Trends in Technology & Treasury

If a treasurer wants to be the go to person for cash forecasting, financial planning, analysis and risk reporting, a modern TMS, efficient interfaces and best practice reporting will make the difference for efficiency, quality and timeliness of analysis.

The 4th issue of the FTA's Exchange Magazine is out now!

This issue features articles on the Evolution of the Australian Dollar Bond Market, Leveraging Free Trade Agreements for Australian Growth and the 2017 Deloitte Global Corporate Treasurers Survey.

Deloitte Biennial Global Corporate Treasury Survey 2017

5 September 2017: Deloitte surveyed more than 200 global companies across all industries to determine the current challenges treasurers and their teams face, and consider the changes since the last global survey undertaken in 2015. Questions included how tax and banking regulations are impacting the Treasury teams, whether their function is evolving strategically and how it is organised to manage ongoing market volatility.

The Right Way to Approach Foreign Currency Net Investment Hedging…

Net investment hedging is an area that is often neglected and misunderstood. Yet ignoring the FX risk in your foreign operations can result in significant losses in shareholder value.

Any investment manager will tell you that when allocating investment capital to foreign assets, FX risk has to be managed just as importantly as any other risk.

So why is there so much variation in practice when it comes to corporations hedging the FX risk in their foreign interests? The following are some of the reasons why.

XVA - Issue Snapshot by Cale Bennett

What is XVA?
Why is XVA important for Treasurers?
Will this have a positive or negative impact?
How can the impact be reduced?
When did this become an issue?

Bitcoin, Blockchain & Distributed Ledgers: Caught Between Promise & Reality

Blockchain’s genesis in Bitcoin: in October 2008, Satoshi Nakamoto proposed a combined digital asset and peer- to-peer payments system in his paper, Bitcoin: A Peer-to-Peer Electronic Cash System. The first Bitcoin was minted on January 4th 2009, the first payment occurred on January 11th, and the software was released as open source on the 15th, enabling anyone with the required technical skills to get involved.

How has South32 streamlined its payments process?

The Australian mining giant has utilised SAP’s In-house Cash module to drive efficiency and reduce costs.

South32 is a globally diversified metals and mining company, with operations mining and producing bauxite, alumina, aluminium, energy and metallurgical coal, manganese, nickel, silver, lead and zinc in Australia, Southern Africa and South America. The focus of the company’s operations is in the Southern Hemisphere, with a head office in Perth and regional hubs in Perth and Johannesburg