LEADENHALL APPOINTS NEW DIRECTOR andrew steere

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LEADENHALL APPOINTS NEW DIRECTOR

 

Sydney, Australia: Leadenhall is proud to welcome Andrew Steere as a director, bringing a wealth of experience to business valuation clients.

Prior to joining Leadenhall, Andrew spent 11 years at Deloitte as a director of business and financial modelling, and valuation services. Before Deloitte, he was the executive manager of forensic accounting for Ferrier Hodgson, specialising in damages and litigation support.

“After covering such a broad spectrum over the last 20 or so years, I’m happy to move back into a hands-on valuation role. I was keen on joining Leadenhall for a number of reasons – their specialist focus is aligned with my experience, the team is made up of people I know and trust and it’s a boutique firm but part of a global alliance,” said Andrew.

“I’ve worked with Andrew previously, and knew that he would be a good fit with our values, principles and our plans for growth. He understands our focus on quality, trust and respect – not just being a ‘gun for hire’ that churns through valuations,” said Leadenhall director Dave Pearson. “Andrew’s valuation and financial modelling expertise, as well as his broad accounting background and stellar client portfolio make his experience in the industry exceptional.”

In his most recent role, Andrew was pleased to have the opportunity to work with high quality clients supporting decision making across many industry sectors and asset types – including property, transport infrastructure, communications infrastructure, health infrastructure, pharmaceutical, agribusiness, gas transmission, LNG, energy generation and resources.

“We’re pleased to bolster our team with Andrew’s capabilities, and be able to offer our clients the depth of expertise of a top tier accounting firm, yet with the unique care and hands-on approach that our business is known for,” added Pearson.

OTHER NEWS

Discount Rate 30 June 2026

MARKET DISCOUNT RATES – 30 JUNE 2026

Inflation remains high, although there are signs that inflationary pressures are moderating following three consecutive increases to the cash rate target since December 2025. Global energy supply continues to be impacted by the conflict in the Middle East, with resolution remaining uncertain. The selection of a reasonable discount rate therefore remains a key consideration, whether for the purpose of financial reporting or for any valuation analysis.

31 May 2026 discount rate update

MARKET DISCOUNT RATES – 31 MAY 2026

Markets have been volatile over the last few months as conflict in the Middle East has led to substantial increases in oil prices and higher inflation expectations, at least in the near-term. With government bond yields at their highest levels since 2011 and market conditions continuing to evolve, we have provided an early warning on our assessment of the equity market risk premium (EMRP) as at 31 May 2026 for Australia.

Impairment testing this reporting season: why discount rates matter more than ever

Impairment testing this reporting season: why discount rates matter more than ever

In the current environment, it is not just a compliance exercise. It is a judgement call that can materially influence reported results. At the centre of that judgement is the discount rate, often one of the most sensitive and closely scrutinised inputs in any impairment model. Get it wrong and the consequences are real. Asset values can be distorted, audit challenges can emerge, and confidence in reported outcomes can be undermined.