Posts

Consulting Firm Finance and AI: The Billable Hour Is Just the Beginning

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Consulting Firm Finance and AI: The Billable Hour Is Just the Beginning 19 June 2026  |  By Timothy, CPA — Managing Director, Professional Financelink (PFL) Consulting firms have a finance problem that looks simple from the outside and is genuinely difficult to manage well. The model appears straightforward: people bill time, clients pay invoices, revenue follows. But anyone who has worked inside a professional services finance function knows that the gap between the billing rate on a proposal and the margin that lands in the management reporting pack is where all the pain lives. Work in progress that ages. Utilisation that looks healthy until you subtract non-billable time. Project budgets approved in the proposal stage that bear no resemblance to actual resource consumption six weeks in. Invoicing that lags delivery because someone forgot to submit their timesheet. Debtor days that stretch uncomfortably when a client dispute...

Stop Going to AI Conferences. Start Riding the Bike.

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Stop Going to AI Conferences. Start Riding the Bike. 18 June 2026  |  By Timothy, CPA — Managing Director, Professional Financelink (PFL) I haven't been to a single AI conference. Not one. While colleagues have been booking seats at summits, paying registration fees for full-day events, and collecting lanyards with printed agendas, I've been sitting at my desk building things — badly at first, then less badly, then pretty well. A portfolio tracker. Automation tools. Finance workflows that I've described elsewhere on this blog. All of it learned through what I'd call the least elegant method imaginable: watching a few YouTube videos (including one from a neuroscientist at KAIST that I'll come back to) and then just starting. I want to be direct here, because I think there's a genuinely unhelpful pattern in how finance professionals are approaching AI right now. The pattern is: attend conference → feel informed → re...

The NDIS Crackdown Is Here: Why AI Is Now Essential for Provider Compliance and Fraud Prevention

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The NDIS Crackdown Is Here: Why AI Is Now Essential for Provider Compliance and Fraud Prevention 17 June 2026  |  By Timothy, CPA — Managing Director, Professional Financelink (PFL) ⚠️ Compliance Alert — 1 July 2026: Mandatory registration for SIL and NDIS digital platform providers commences in two weeks. Providers delivering Supported Independent Living supports should review their registration status and transition obligations with the NDIS Commission immediately — transition arrangements vary depending on your current registration status. Two news items landed in the NDIS space this month that, taken together, send a signal that every provider finance team should be reading clearly. On 10 June 2026, an Adelaide woman was arrested and charged over an alleged plot to defraud more than $5 million from the NDIS. The same week, the 2026–27 Federal Budget confirmed the NDIS Commission's staffing would increase to ...

25 Versions Later: What Building My Own Investment Tracker Taught Me About AI (And Finance)

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25 Versions Later: What Building My Own Investment Tracker Taught Me About AI (And Finance) 16 June 2026  |  By Timothy, CPA — Managing Director, Professional Financelink (PFL) It started with a broken pivot table. One Saturday morning I was staring at a portfolio spreadsheet that had decided to stop refreshing. Twenty minutes in, it hit me: I'm a CPA. I work with AI every single day. Why am I sitting here fighting a pivot table? I'll just build my own tool. Twenty-three deployment versions later, I have a fully working personal investment portfolio tracker — live prices in AUD, ATO-style capital gains estimates using the FIFO method, analyst ratings pulled from Yahoo Finance, technical buy/sell signals, a watchlist with timing verdicts, and a viewer mode for my partner. Built entirely through vibe coding with AI. Zero traditional development experience. I'm not writing this as a tutorial. I'm writing it because what ...

Childcare Finance in 2026: How CCS Reform Is Reshaping Cash Flow for ECEC Operators

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Childcare Finance in 2026: How CCS Reform Is Reshaping Cash Flow for ECEC Operators 15 June 2026  |  By Timothy, CPA — Managing Director, Professional Financelink (PFL) If you run the finances for a childcare or early childhood education and care (ECEC) service in Australia right now, the ground has shifted under you — and it shifted fast. The 3 Day Guarantee that came into effect in January 2026 wasn't just a policy tweak. It fundamentally changed how subsidy entitlements flow, how you model occupancy, and how your cash lands each fortnight. Layer on top of that the Federal Budget's $3.6 billion wage commitment for the sector, and you've got a finance function that needs to be sharper than ever — at precisely the moment when cost pressures are squeezing hardest. I've worked across childcare and ECEC finance for a long time, and the current environment is unlike anything I've seen before. The upside is real — more familie...

Finance Reads of the Week — 14 June 2026

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Finance Reads of the Week — 14 June 2026 14 June 2026  |  By Timothy, CPA — Managing Director, Professional Financelink (PFL) Finance Reads of the Week — 14 June 2026 Payroll compliance, NDIS, aged care, and one thing I built — the finance and operations updates worth reading this week. ⏰ Payroll Compliance Payday Super: The Clock Is Running Out for Small Business — and the Clearing House Problem Is Still Not Solved From 1 July 2026, superannuation must be paid within 7 business days of each pay cycle — ending the current quarterly payment model that many small businesses have relied on for years. The ATO's Small Business Superannuation Clearing House (SBSCH) closes permanently at 11:59pm AEST on 30 June 2026 — the night before Payday Super begins. Businesses that have used it as their default super payment mechanism need to be on a SuperStream-compliant alternative before that date, not after. The compliance gap in th...

Weekly AI News Wrap-Up — 13 June 2026

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Weekly AI News Wrap-Up — 13 June 2026 13 June 2026  |  By Timothy, CPA — Managing Director, Professional Financelink (PFL) Weekly AI News Wrap-Up — 13 June 2026 The AI and technology stories that matter for finance professionals — with Tim's take on what they actually mean. A significant week — arguably one of the most consequential in AI since GPT-4's release. Anthropic put its most capable model ever into general release, filed for IPO, and the Australian AI story got louder with local infrastructure and retail announcements demanding attention. Here's what stood out. 🔥 Main Story — AI Models Anthropic Releases Claude Fable 5: Mythos-Class AI Now Available to Everyone On June 9, Anthropic launched Claude Fable 5 — the first publicly available version of its Mythos-class model, previously restricted to a small number of vetted partners due to its advanced capabilities. Fable 5 sits above the Opus family in Anthropi...