Hood Sweeney

Hood Sweeney Professional services firm offering Accounting, Business Advisory, Financial Planning & Consulting.

Professional services firm offering Accounting & Business Advisory, Financial Planning, Technology, Finance & Consulting.

Congratulations to Daniel and Rosy Gaskin on the launch of Midday Eatery by Phat Head - a vibrant new addition to Beverl...
13/07/2026

Congratulations to Daniel and Rosy Gaskin on the launch of Midday Eatery by Phat Head - a vibrant new addition to Beverley’s lunch scene that’s already thriving.

Building on the success of their flavour‑packed dumplings, Daniel and Rosy have created a new home base offering hearty bánh mì, nourishing rice bowls and rich homemade cheesecakes. The menu is intentionally concise, designed to deliver bold Vietnamese flavours and fast, satisfying meals for people on the go.

Midday Eatery marks an exciting next step as they expand beyond mobile catering and continue strengthening their connection to the local community.

We’re proud to support Daniel and Rosy on their journey and celebrate this milestone with them. 👏

EOFY is here. Across the market, we see recurring decisions that create friction for organisations heading into a new fi...
01/07/2026

EOFY is here. Across the market, we see recurring decisions that create friction for organisations heading into a new financial year. The businesses that move early on these issues set themselves up for a cleaner, more focused start to FY27.

1. Not reviewing pricing or margin drivers: Businesses often wait too long to reassess pricing, cost pressures or margin performance. A small shift in how value is priced can have a significant impact on the year ahead.
2. Ignoring capability gaps: Teams know where the gaps are. Leaders often know too. The regret comes from waiting until recruitment becomes urgent rather than planned.
3. Deferring technology decisions: System upgrades, cyber improvements and process automation often get pushed into “next year’s plan”. Those delays usually create operational drag that compounds over time.
4. Delaying structural changes: Many organisations wait until Q2 to adjust roles, reporting lines or responsibilities. By then, momentum has already been lost. The right structure at the right time changes performance more than any new initiative.
5. Holding onto projects: that should have been closed Teams often carry projects into a new financial year simply because time or money has already been invested. The cost of keeping a stalled project alive is usually higher than the cost of ending it.

These are the decisions that shape the next financial year more than any compliance deadline. They influence performance, culture, delivery and risk.

If your organisation is reviewing priorities for FY27, Hood Sweeney can help turn these insights into a practical plan for the year ahead.

New AML/CTF requirements: What you need to know as Hood Sweeney clientImportant changes are coming for Australian busine...
30/06/2026

New AML/CTF requirements: What you need to know as Hood Sweeney client

Important changes are coming for Australian businesses and professional service providers.

From 1 July 2026, AML/CTF obligations will extend beyond banks to include accounting firms providing certain services.

For most clients, not much will change.

In some cases, we may ask you to confirm details like your identity, business ownership or the nature of the services we provide. In many instances, we already hold this information.

These requirements are being introduced to strengthen Australia’s financial system and help detect and prevent financial crime, and they apply across the entire accounting profession.

At Hood Sweeney, we’re preparing early to make this as simple and seamless as possible. If we do need anything further, we’ll explain what’s required and why.

We’ll continue to share updates in the coming weeks.

If you have any questions, please reach out to your Hood Sweeney adviser.

Most businesses don’t fall short because of poor planning. They fall short because of inconsistent follow‑through. Disci...
29/06/2026

Most businesses don’t fall short because of poor planning. They fall short because of inconsistent follow‑through.

Discipline is the quiet differentiator in both budget and tax performance. It shows up in the small, consistent behaviours that compound over time:
reviewing variances monthly
adjusting early instead of waiting for year‑end
keeping tax planning active, not reactive
protecting time for the work that moves the business forward

The gap between a plan and a result is rarely capability. It is discipline.

As we head into FY27, the organisations that will perform best are the ones treating discipline as a leadership behaviour.

Strong budgets don’t start with numbers. They start with a clear set of priorities. When organisations anchor their plan...
28/06/2026

Strong budgets don’t start with numbers. They start with a clear set of priorities.

When organisations anchor their planning to what matters most, both budget and tax decisions become easier to align.

The strongest FY27 plans we are seeing come from businesses that:
define what they need to achieve before allocating a dollar
set priorities in a clear order
link investment to outcomes
build tax planning into the year, not just in June.

A plan built this way is easier to explain, easier to defend and easier to deliver.

If FY27 needs to be a year of progress, start with the framework. The numbers will follow.

A budget is more than a financial document. It reflects how a business sees itself. The same is true for tax planning.Ho...
27/06/2026

A budget is more than a financial document. It reflects how a business sees itself. The same is true for tax planning.

How a business sees itself shows up in the way it allocates resources:
A conservative organisation plans for stability.
A growth‑focused organisation plans for opportunity.
A people‑focused organisation plans for capability.
A risk‑aware organisation plans for protection.

These choices often happen without anyone naming the mindset behind them.

One question consistently shifts the conversation: If the business was operating at its best, what would it choose to invest in, and how would it manage its tax obligations along the way.

Budgets become far more effective when they reflect the organisation you are building, not the one shaped by old habits.

Every business has a story behind its numbers. When we sit down with clients for budget and tax planning, the conversati...
26/06/2026

Every business has a story behind its numbers.

When we sit down with clients for budget and tax planning, the conversation is rarely just about revenue lines or cost centres. It’s about the assumptions and habits that shape financial decisions, often without anyone noticing.

Teams often carry last year’s story into the new year:
“We’ve always budgeted this way.”
“That cost is fixed.”
“We can’t grow that line.”
“We forgot to add in our tax payment commitments"

But when those stories go unchallenged, they limit what is possible.

The most effective planning happens when leaders step back and ask: Is this number based on what the business needs now, or on an old pattern we have never questioned.

As we move toward FY27, the organisations gaining the most traction are the ones willing to re‑examine the narrative behind their numbers and bring budget and tax planning together.

Developing the next generation can feel complex, but it doesn’t need to be.Start by involving them in financials, decisi...
25/06/2026

Developing the next generation can feel complex, but it doesn’t need to be.

Start by involving them in financials, decision-making and advisory conversations.
Small steps early can build meaningful capability over time.

This article outlines practical starting points for developing future leaders.

Read the full article here: https://www.hoodsweeney.com.au/news/growing-the-next-generation-of-farm-leaders

The most successful transitions don’t begin at handover, they begin years earlier.Building capability over time reduces ...
24/06/2026

The most successful transitions don’t begin at handover, they begin years earlier.

Building capability over time reduces pressure and uncertainty when the moment arrives.

Starting before it feels necessary can make all the difference.

This article explains why timing matters in leadership development.

Read the full article here: https://www.hoodsweeney.com.au/news/growing-the-next-generation-of-farm-leaders

Address

167 Fullarton Road
Adelaide, SA
5065

Opening Hours

Monday 8:30am - 5:30pm
Tuesday 8:30am - 5:30pm
Wednesday 8:30am - 5:30pm
Thursday 8:30am - 5:30pm
Friday 8:30am - 5pm

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