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.


leadenhall's market discount rate update 31 March 2024


Markets have declined over the last quarter as persistent inflation and the potential for further rate rises continue to weigh on the ASX 200. These fears have seen a rapid increase in government bond yields over the last month. With market conditions continuing to evolve rapidly, we have provided an update on our assessment of discount rates as at 30 September 2023.

Appraisal Foundation brief Professional Interactions Unique to Fair Value for Financial Reporting

Guidance regarding interactions between auditors and valuers

The Appraisal Foundation recently issued for comment a draft valuation brief titled Professional Interactions Unique to Fair Value for Financial Reporting. The article made several practical recommendations that are applicable to almost all auditor and valuer interaction.

Discount Rate 31 Dec 2023

Market Discount Rates – 31 December 2023

Optimism around the easing of inflation and potential interest rate cuts led to a rally in equity markets towards the end of December 2023. With markets continuing to fluctuate significantly, the selection of a reasonable discount rate remains a key consideration, whether for the purpose of financial reporting or for any valuation analysis.