Lachlan Bray


Welcome to the team, Lachlan

Earlier this year, we were pleased to welcome our new Senior Analyst, Lachlan Bray. 

About Lachlan

Prior to Leadenhall, Lachlan was an accountant within the business advisory services division at a mid-tier accounting firm for 3.5 years. It was a broad role that encompassed general tax and accounting advisory as well as consulting services to SME businesses. 

In regards to any specific specialisations, Lachlan says: “I have a strong interest in the infrastructure space, probably stemming from growing up in a family of engineers. I also have a strong interest in the valuation of derivatives and other bespoke assets which I’m looking forward to exploring at Leadenhall.” 

Outside of work, Lachlan loves playing AFL and has recently taken up golf, though he notes: “In hindsight, this may have been a mistake due to how simultaneously addictive and frustrating it is.” 

Why Leadenhall?

When asked why he’s chosen Leadenhall for the next step in his career, Lachlan says, “The most important factor is the team, having a solid group of people that I look forward to coming in and seeing every day (lockdowns permitting), and I see that at Leadenhall. Also, the broad exposure you get across the valuation space is awesome, one day you can be working on a purchase price allocation and the next on an option valuation – as someone who is early on in their career, this type of exposure is essential.” 

Welcome, Lachlan! 


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.