Novus Capital Limited is an investment and financial services company specialising in Investment Banking, Corporate Advisory and Share Trading services for Australian corporate and private clients, and overseas corporate clients.
News and discussions from Novus Capital
NSW Budget 2023-24On 19 September 2023, the NSW Treasurer, the Hon. Daniel Mookhey MLC, handed down the 2023-2024 NSW State Budget (September 2023 NSW Budget).Under the September 2023 NSW Budget, the NSW Treasury are forecasting a budget deficit of A$7.8 billion in the 2023-24 financial year. Thereafter, the NSW Treasury...Read More
While below the extraordinary levels of activity in recent pandemic years, Australia has seen significant public merger and acquisition (M&A) activity so far in 2023.Amidst a subdued initial public offering (IPO) market, reduced levels of venture capital investment, a volatile share market and other current economic circumstances, there have been...Read More
IPO Watch Australia Mid-Year ReportAnalysis of IPO activity for the first half of 2023The IPO market in Australia has ground to a halt in 2023, with just 14 new listings in the first six months of the year. The first half of 2023 has been one of the quietest six-month periods...Read More
Duties of directorsTop TipsA director must exercise their powers and discharge their duties with the degree of care and diligence that a “reasonable person” would be expected to exercise. The ‘business judgment rule’ recognises this risk and protects directors against breaches of their duty of care and diligence.A director of...Read More
The start of a new financial year presents an ideal opportunity to reassess your tax goals and ensure that you are complying with all relevant reporting requirements. With easy-to-follow sections, our guide will help you to:Strategically navigate year-end issues to achieve positive tax outcomes and position yourself for success in the 2023 financial year.Produce...Read More
The Federal Treasurer, Dr Jim Chalmers, handed down the 2023–24 Federal Budget at 7:30 pm (AEST) on 9 May 2023.The Budget forecasts the underlying cash balance to be in surplus by $4.2 billion in 2022–23, the first surplus since 2007–08, followed by a forecast deficit of $13.9 billion in 2023–24.A...Read More