Ashfords Officially Partners with South East Melbourne Phoenix

Ashfords Accountants & Advisory Announces Major Partnership with South East Melbourne Phoenix NBL Team

9 November 2020

Ashfords is proud to announce a new major partnership with South East Melbourne Phoenix (SEMP) as the club heads into their second season in the NBL.

As one of the largest Accounting and Advisory firms in the South-East, Ashfords made the strategic move to partner with SEMP, the national basketball league’s ninth and newest team, as a major sponsor through to the end of the NBL22 season.

Ashfords CEO, Greg Cusack (pictured above left), says “Ashfords see this as a great opportunity to support a new business in our local area and be involved alongside them as we both continue to grow our connections in the hard-working and passionate “basketball heartland”.

SEMP aligns with our corporate values so we feel proud to be associated with them. We are excited to see where this opportunity takes both Ashfords and SEMP.”

Ashfords will take pride of place on the SEMP jersey and will also become the presenting partner of the PNX Network, the club’s business networking program.

Phoenix CEO Tommy Greer (pictured above right) says joining forces with Ashfords is a perfect alignment for the club.

“We often speak about building meaningful connections with the South-east community and forming a strategic partnership with Ashfords is a huge step in the right direction for us as we embark on our second season in the competition,” Greer said. “We welcome Ashfords to the Phoenix family and look forward to forming a strong relationship for many years to come.”

Currently located in Dingley Village, Ashfords are set to re-locate to a brand-new office in Dandenong South early in 2021, ensuring they are well-placed to service their vast network of clients into the future.

Ashfords wide range of professional services includes business management & advisory, wealth planning, taxation, superannuation, business services, audit and Ashfords Digital (IT solutions)

South East Melbourne Phoenix are the NBL's newest franchise, based in Australian basketball's Heartland. Their first season saw them set records for the highest attendance for a home debut, first NBL franchise in history to win their first three games and highest first year average attendance for a brand-new franchise in the NBL.

Commercial and Industrial Property Tax Reform: Bill Introduced - to be effective from 1 July 2024

11 Apr

What’s this new tax:

On 20 March 2024, the Victorian State Government introduced the Commercial and Industrial Property Tax Reform Bill 2024 (legislation.vic.gov.au). The Bill is expected to become law and to take effect from 1 July 2024.

The Victorian Government, as announced in the 2023-24 Budget, is progressively abolishing stamp duty on commercial and industrial property and replacing it with an annual tax.

The annual tax, to be known as the Commercial and Industrial Property Tax (CIPT), will be set at 1% of the property’s unimproved land value.

The tax will replace land transfer duty (stamp duty) that is currently payable on the improved value of the land when you purchase or acquire a commercial or industrial property in Victoria.

The new tax system will start to apply to commercial and industrial property if the property is transacted on or after 1 July 2024.

Ashfords Building Business Value Seminar Recap.

5 Oct '23

Last week, Ashfords hosted the latest Building Business Value seminar. Maximising Business Value: Break Through the Barriers brought together a diverse panel of experts, featuring specialists from talent, marketing and finance to help businesses identify and overcome common barriers to enhance their business value.

How a chance encounter changed the fortunes of Down’s Community Farm

20 Sep '23

A conversation at a community event kicked off productive philanthropic relationship between Ashfords and Down’s Community Farm. Twelve months on, we reflect on some of the key outcomes, including a successful grant submission that secured $200,000 in funding.