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The role of AI in the valuation profession
Artificial intelligence (AI) is transforming industries worldwide, and the valuation profession is no exception. Much like the introduction of spreadsheets and databases revolutionised processes in the past, AI promises to improve efficiency and accuracy in...
IVSC introduces IVS 300 & 400: Here’s what values need to know
The International Valuation Standards Council (IVSC) is introducing two transformative standards on 31st January 2025: IVS 300, focusing on business and intangible assets, and IVS 400, dedicated to infrastructure assets. These updates represent a significant...
Understanding AASB 2022-10: Fair Value Measurement for Not-for-Profit Public Sector Entities
The Australia Accounting Standards Board (AASB) has introduced a significant update with the AASB 2022-10 standard, focused on the fair value measurement of non-financial assets held by not-for-profit public sector entities. This standard is designed to improve...
Wage growth in the construction industry and it’s impact on project costs
Wages growth in the construction, infrastructure, mining, and defence sectors has been a focal point in recent years. Agreements with unions, such as those involving the Queensland Government and Multiplex, have driven significant wage increases, particularly for...
Ensuring electricity and power security: A comprehensive overview
Ensuring electricity and power security: A comprehensive overview In an era where energy demands continually escalate, securing a reliable and sustainable electricity supply is paramount. The balance between leveraging existing energy sources and transitioning...
Navigating the volatile terrain of nickel and lithium markets amid global supply and demand shifts
Navigating the volatile terrain of nickel and lithium markets amid global supply and demand shifts As the global economy continues to evolve, the commodities market, particularly for nickel and lithium, has witnessed significant fluctuations. Asset Valuation...