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Grant Thornton named one of the 50 'World’s Most Attractive Global Employers'

02 Jul 2015

A survey of more than 240,000 business and engineering students from 12 of the world’s largest economies named Grant Thornton one of the 50 'World’s most attractive global employers'. The survey was conducted as part of the Universum Annual Student Survey.

Automation is the way of the future

17 Jun 2015

Just under half (49%) of businesses in Australia are planning to automate business practices over the next 12 months, according to data from the Grant Thornton International Business Report, this number is only slightly behind the global average (56%).

Incentives to invest in innovation hang in the balance

27 May 2015

Mid-size businesses stand to lose research and development (R&D) incentives and miss out on promised company tax rate reduction as a new bill was introduced to Parliament today.

Mid-size food producers looking for fair share of the federal budget exports pie

20 May 2015

The $24.6 million to promote Australian products in markets where free trade agreements have recently been signed; is a step in the right direction. However more could have been done.

Grant Thornton bolsters its digital advisory offering through acquisition of the Consult Point Group

18 May 2015

Grant Thornton Australia today announced the acquisition of the Consult Point Group for an undisclosed amount. The Consult Point Group businesses, currently trading as Consult Point and C9 Solutions will form part of Grant Thornton’s expanded digital advisory offering.

Crack down on entertainment salary packaging following changes to FBT

12 May 2015

Many Not for Profit organisations have long valued salary packaging as a tool to competitively attract and retain talent across the sector. This muscle has been slightly weakened following measures announced in the Federal Budget that will see a crackdown on the treatment of Fringe Benefit Tax.

Federal Budget overlooks Australia's Life Sciences sector

12 May 2015

Australia's Biotechnology and Life Sciences sector is crying out for further support on innovation and commercialisation if it wants to remain a corner stone of an economy operating in a post mining boom environment. Unfortunately this was overlooked in the 2015 Federal Budget with a lack of any significant measures to encourage commercialisation in Australia.

R&D in the firing line again

12 May 2015

Grant Thornton is disappointed that hidden in depths of the Budget papers was the signaling of the Government to proceed with the rate reduction of the R&D tax offset by 1.5% . The potential new rates would be 43.5% for the refundable tax offset and 38.5% for the non-refundable tax offset.

Changes to the GST base marks the beginning of much more to come

12 May 2015

Changes in GST announced tonight, may well only impact offshore digital service companies, but it does signal the start of a long journey that will see GST applied to as many aspects as possible across the broader economy.

A friendly outcome for Financial Services

12 May 2015

While the 2015 budget has not been directly focused on financial services, it has taken some clear steps towards supporting growth and competition in the industry through encouragement of innovation, fair competition and technology.