Industry issues

Increasing costs

How it affects your business

Rising commodity prices, fuel and transport costs, and the high Australian dollar continue to create problems for many businesses.

Exploration and production are entering more remote regions, thereby increasing both risks and costs.

How Grant Thornton can help

Have you reviewed costs across your operations? Are your IT systems holding you back? We can help:

  • review your business to ensure the lowest possible costs
  • monitor the financial health and stability of suppliers
  • examine how you process raw materials
  • manage or reduce waste
  • outsource non-core services
  • find new markets
  • meet your regulatory obligations
  • review your corporate tax structure to find new savings and rebates
  • reduce risks, cut costs, and improve reporting.