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Increasing risks of foreign bribery, is your business ready?

22 Nov 2018

This is our third client alert in a series on proposed law reforms, the previous regarding Whistleblowing and Modern Slavery.

Foreign purchaser stamp duty surcharge on residential property

13 Nov 2018

WA is the latest State to levy a surcharge on direct and indirect acquisitions of residential property by foreign purchasers.

Grant Thornton advises on the successful sale of AudioXtra to AUTOBACS SEVEN

07 Nov 2018

Grant Thornton is pleased to congratulate the shareholders of AudioXtra Pty Ltd (AudioXtra), a leading specialist mobile and car electronics manufacturer, wholesaler and distributor, on their sale to the Japanese listed automotive wholesaler and retailer, AUTOBACS SEVEN Co. Ltd. (AB7).

Is your business leveraging government support?

05 Nov 2018

If you are planning to invest in your business there may be a role for government co-funding support to achieve bigger, better of faster outcomes.

South Australia State Budget 2018-19

05 Sep 2018

The new South Australian government handed down its first State budget on 4 September 2018.

Is your business ready for Modern Slavery legislation?

21 Aug 2018

Modern Slavery, in its simplest terms, refers to exploitation of a person for the gain of another person/group and often leaves the person feeling trapped in unethical conditions.

Hybrid Mismatch rules passed by Parliament

20 Aug 2018

On 16 August 2018, the Federal Parliament passed new legislation on Hybrid Mismatch arrangements, targeting Australian entities operating within a multinational group, with hybrid instruments in place, or plans to restructure such arrangement.

Change in fuel tax credits from 1 August 2018

07 Aug 2018

The ATO has announced a change in the fuel tax credits (“FTC”) rate from 1 August 2018. This FTC rate change is reflective of the bi-annual indexation of rates which are made in line with the consumer price index (“CPI”).

Has your trust acquired residential property since 9 May 2017?

16 Jul 2018

New laws apply to implement a property vacancy fee and annual reporting by foreign owners of Australian residential property. This is part of the Government’s comprehensive housing affordability plan which was announced in the 2017-2018 Federal Budget.

Do you have Employee Share Scheme reporting obligations?

03 Jul 2018

Has your company (or parent company) provided free or discounted shares or rights to receive shares to employees, directors or individual consultants (Employees), or their nominees, during the 2018 income year?