Movers and shakers



Over the past few months, we’re pleased to have welcomed new director, Andrew Steere and also to have promoted not one, not two but THREE of our internal top talent, Katy Lawrence, Bruce Li and Fung Yee.

About Andrew

Andrew Steere, who joined Leadenhall late last year, brings a wealth of experience to our 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.

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,” said Director Dave Pearson.

About Katy

Previously Manager, now an Associate Director, Katy Lawrence joined Leadenhall in September 2014 after six years as an adviser at Deloitte in Financial Advisory Services.

During her time at Leadenhall Katy has assisted both small and large clients, providing valuation advice for financial reporting, taxation, transactional and dispute resolution purposes.

Katy has contributed to the preparation and presentation of a number of seminars on valuation theory and practice for legal and accounting professionals.

Overall, Katy has over 10 years of accounting experience in corporate finance and insolvency.

Katy has a Bachelor’s Degree in Business/Commerce from Australian National University, a Graduate Diploma in Applied Finance from Kaplan Australia and is a member of the Chartered Accountants Australia and New Zealand.

About Bruce and Fung

We’re also pleased to announce that both Bruce Li and Fung Yee have been promoted from Senior Analysts to Managers.

Bruce (pictured, right) joined Leadenhall in 2017 after spending several years in the Audit and Assurance industry with Deloitte and PwC in Singapore and Australia.

Since joining Leadenhall, Bruce has been involved in the preparation of a number of independent expert reports, valuations for taxation and financial reporting purposes and providing commercial advice to assist senior management, boards and shareholders evaluate M&A transactions and capital raising alternatives.

Fung (pictured, left) has been part of the Leadenhall team since July 2016. Prior to joining Leadenhall, Fung was a Senior Analyst at Deloitte and an Associate at SJ Grant Thornton in Kuala Lumpur, Malaysia. Fung has a Bachelor of Commerce, Accounting from the University of Adelaide, and is currently undergoing his Master of Applied Finance studies at Macquarie University.

Click here to meet the team and read more about them.


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.