WFH Mondays and half-empty offices are OK for office investors
Blind Freddy can see there are fewer people in offices. But, how does work from home impact property demand? This economist has an interesting takeaway.
Welcome to the twilight zone between June 30 and when accounts are finalised, when boards, their chief executives, chief financial officers and auditors have once-a-year difficult conversations about asset values.
New CEOs like to clear the decks. Old CEOs tend to cling to what asset values they’ve got. Accounting standards can be applied subjectively, and audit partners typically play along. Goodwill is always a cracker.
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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
