Our latest insights

Australia has a reputation as one of the world’s leading destinations for life sciences, developing life-changing innovations that have real social benefit – from the world’s first anti-cancer vaccine to spray-on skin for burns victims.

Many of us that work in the sector talk about the post-Royal Commission world. It’s a pivotal moment that has shaken Australia’s trust and confidence in our financial services sector.

The Health & Aged care sector is one of the largest employers in Australia and is dominated by small and mid-sized enterprises.

The Australian retail landscape is not only fascinating and dynamic, but highly prospective, with significant growth in the size of market forecast over the next five years.

Innovate or perish – if not the motto for the Technology & Media sector, it is at least the theme song to which most businesses in this space dance to. The sector is dynamic and fiercely competitive – and having a great product doesn’t guarantee success.

There is a particular opportunity in Australia for the energy sector. The global trend towards renewable and alternative energy, aligned with a local appetite for a better energy mix, is providing a ripe environment for project development and investment.

There is a lot of noise around the property sector at the moment – and it’s not all positive. Prices are down – but this shouldn’t be a surprise when some markets (namely Sydney & Melbourne) saw unprecedented hikes in recent years.

A comprehensive review of the future challenges and opportunities for delivering accessible, affordable and high quality services for people with disabilities in Australia life.

The 2019 Biotechnology Industry Position survey conducted by Ausbiotech and supported by Grant Thornton has revealed that new technologies across regenerative medicine and medicinal cannabis are disrupting the industry, and Australia's global strength in clinical trials continues to drive contributions to the economic and social fabric of the country.

Financial reporting thresholds for ‘large’ proprietary companies have been doubled following a recent Australian legislative change which is effective for financial years commencing on or after 1 July 2019.

On 5 April 2019, the ATO released Draft Taxation Ruling, TR 2019/D2 to clarify how entities should utilise the ALDT (“the ALDT Draft Ruling”). This ruling applies retrospectively.

Practical Compliance Guide (PCG) 2018/9 provides a transition period for foreign incorporated companies to change their governance arrangements so that they do not become Australian residents solely because their central management and control (CM&C) is located in Australia.