Nuwaru advises Vulcan on IPO

Nuwaru congratulate Vulcan Steel Limited on its successful initial public offering and listing on the ASX, with a foreign exempt listing on the NZX, on 4 November.

Nuwaru is delighted to have assisted Vulcan in relation to the listing, providing both Australian and New Zealand tax advice. Corporate and M&A Tax Partner, Sam Lo Ricco, led the Nuwaru team supported by Angela Melick (Stamp duty), Leslie Prescott-Haar (Transfer pricing), Peter Chiswell (Corporate tax) and Patrick Hunt (GST).

Founded in 1995, Vulcan processes and distributes steel products, including carbon steel, stainless steel and engineering steel. The company has 29 operating sites across New Zealand and Australia, providing a strategic link in the steel value chain between producers, traders and end-users.

About Nuwaru

Nuwaru provides a full suite of tax services blended with a unique and industry leading combination of commercial experience and acumen to help identity, manage and resolve tax risks.
In short, we do tax better, focused on building a partnership with our clients where we strive to be a valued part of their team and at a price point and value that is without comparison.
We have built our firm on our unique mix of experience seamlessly blending ex-Big 4 partners with former Tax Directors and Heads of Tax to provide a differentiated service that prioritises both technical expertise and commercial acumen packaged in a manner that our clients clearly understand, want and need.


Sam Lo Ricco – Partner 
e-mail –
mobile – +61 400 520 382

M&A Solutions

A fresh approach

To generate and protect value in an acquisition, disposal, IPO, or other restructuring, it is important to focus on the execution of the transaction to ensure that efficient capital, financing and operating models are established for the future of the business.

Nuwaru can help guide you through the tax aspects of every step of an M&A transaction, from inception to implementation. We have experienced professionals who have worked inside large organisations, whether global financial institutions, blue chip industrials or top-end professional services firms. We know how to deliver pragmatic M&A tax and transaction solutions that navigate the increasingly complex and regulated taxation environment while meeting the specific commercial drivers of your deal.

Nuwaru works with corporates, private equity funds, fund managers, individuals, and family offices. We collaborate closely with our colleagues and with external advisers in the M&A deals space to help you navigate an efficient, “no surprises”, value creative path that delivers the desired commercial and tax outcomes of your deal.

Our Team

The Nuwaru team of Sam Lo Ricco, Peter Chiswell and James Jobson have deep experience advising on the tax aspects of listings, capital raisings, corporate reorganisations and the acquisition and divestment of shares and assets, each from the perspective of professional advisors and from leading internal tax teams at significant global organisations. What’s more, our team includes Angela Melick, one of the foremost stamp duty specialists in Australia and Patrick Hunt, a GST industry leader.

Angela has extensive expertise, Australia-wide, in all aspects of transactions. Patrick has been advising clients since the implementation of the GST and draws on all of that experience to reach the best GST outcomes. Indirect tax affects almost all M&A transactions in a variety of ways, yet far too often it is raised at the last minute and can cause major headaches, sometimes at a stage when the changes needed to resolve the issues are no longer an option. Our team engages Angela, Patrick and other relevant Nuwaru experts at the outset, so specialist advice is delivered when it’s needed.

Download our M&A Capability Statement to see how Nuwaru can help you

Nuwaru’s William Xu promoted to Tax Manager

The team at Nuwaru would like to congratulate William Xu on his recent promotion to tax manager! 

William started at Nuwaru as a tax consultant over two and half years ago. During his time at Nuwaru, William has grown his technical knowledge, commercial experience and enhanced his professional qualifications (including now becoming a CTA) to become an extremely valued tax advisor for both Nuwaru and our clients. William has taken to becoming a mentor in the business and proudly leads a team of tax consultants.

Whilst we will continue to encourage his bubbly personality, he has carved out a pivotal role in the Nuwaru family and we look forward to further encouraging his growth, ensuring he continues to take a leading role in expansion and development of the firm for years to come.

Please join us in congratulating William on his promotion!

Nuwaru is Seeking: Tax Manager

Life is short. Work somewhere awesome.

Passionate about tax and looking for a change from the everyday? Join the team!

Are you seeking a change from a traditional Tax Consulting or an in-house Tax role? Do you have an entrepreneurial mindset? Are you in a big 4 role looking for a change from the everyday?

Nuwaru is a professional services tax consulting firm that integrates tax consulting with innovation to help transform the tax functions of our clients.

About The Role

In this new opportunity as Tax Manager you will be responsible in ensuring the delivery of a varied and challenging range of tasks from tax advisory, tax compliance, business advisory and technology implementation for our clients.

  • Support our corporate tax, funds management and specialist tax partners with respect to client tax lodgement and compliance deadlines, including work in relation to income tax, GST and FBT.
  • Working with Nuwaru partners to provide support for the corporate income tax provision and tax accounting processes for our clients, which may include secondments to those clients.
  • Working with Nuwaru partners to provide support and assistance on governance and tax reviews of clients.
  • Provide support and assistance to research tax matters for our clients and assist with drafting of advice.
  • Be involved in technology implementation and build outs for our clients.
  • Involvement in marketing and business development initiatives.
  • Ability to provide insight into clients’ tax needs and identify any process improvements.

About You

  • Relevant tertiary qualification or commensurate practical experience. Other professional accreditation is highly desirable (i.e. CA, CPA).
  • 3-6 years of experience in a corporate, financial services or taxation environment. Big 4 and commercial TEA (tax provision) experience is an advantage.
  • Sound demonstrated and technical understanding of Australian corporate tax legislation and compliance matters. 
  • Strong interest in technology and software is desirable. Familiarity with tax software-based business products (such as TR OneSource or CCH Integrator).
  • Strong analytical and problem-solving skills.
  • Strong communication skills and the ability to build relationships with a variety of stakeholders.

Why Nuwaru?

At Nuwaru, our people and our collective experience are our greatest assets. Here are some of the benefits we offer for your personal and professional growth:

  • Competitive package
  • Collaborative and collegiate team culture
  • A progressive co-working environment that offers ongoing flexibility and a work from home policy. 
  • Learning & development opportunities: Monthly tax technical training sessions and career ongoing learning and development.
  • Technology focus to help future-proof your career

Next Steps

Sound exciting? Join us and help shape the future of the tax profession. Apply now via LinkedIn:


We rely on diversity of culture and thought to deliver on our goals. To ensure we can do that, we seek talented, qualified employees regardless of race, colour, sex/gender, including pregnancy, gender identity and expression, national origin, religion, sexual orientation, disability, age, marital status, citizen status, veteran status, or any other protected classification under applicable law.