Australia: Discount Rate Update

Sydney (16 December 2020)

Valuation Research Group (VRG), a leading global provider of independent valuation, advisory and value-related services is pleased to announce that our Australia-based member firm, Leadenhall, has just released a Discount Rate Update.

The 31 December reporting season is fast approaching and the impact of COVID-19 on asset values remains a key issue highlighted by ASIC in its message to companies. With market conditions continuing to evolve rapidly in response to COVID-19 and other news, the goal of our discount rate update is to remove one uncertain element in the raft of subjective assumptions utilized by companies in their valuations and impairment testing. Click here for our discount rates update as of 16 December 2020.