Our latest insights

2016 is shaping up to be the year of mobility in retail. This will drive opportunities and raise challenges as we operate businesses in a global and borderless environment. Today’s customers expect to be at the centre of your retail decision-making with personalised attention both in store and online, 24 hour access through multiple channels, choice, and engagement with their favourite brands via social media.

The IFRS Viewpoint series provides insights from Grant Thornton's global IFRS team on applying IFRSs in challenging situations. Each edition focuses on an area where Standards have proved difficult to apply or lack guidance.

Recent budget announcements will see residential care providers struggle to remain viable. While there was some good news with the announcement of 1,286 new places and increased viability supplements for rural and remote providers, this will mean little to the large number of providers already operating on slender margins.

The 2016/17 Federal Budget is a step in the right direction to recognise and support growth for Australia’s 54,000 mid-size businesses. Read our detailed commentary here.

The new social security agreement between Australia and India (the Agreement) came into effect on 1 January 2016.

Banking through the eyes of Gen Y

Grant Thornton is the voice of Australian mid-size business

Tackling the commercial and operational challenges of a move to VAT/GST.

For Australian mid-size businesses, among their most important and valuable assets are intangible assets. Broadly speaking, depreciation of these assets allows for some of the cost of acquisition and use to be recouped over the life of the assets in the form of tax deductions.

While IFRS 9’s mandatory effective date of 1 January 2018 seems a long time into the future, ADI’s should consider evaluating the implications of the new Standard now.

The gender diversity issue has been on the business agenda for many years now, yet a third of businesses still have no women at a senior management level. Something is not working.

The global tax landscape is going through a period of fundamental change. Governments are now rethinking how taxes are levied. These changes have been triggered by the rapid spread of technology, new supply chains, debt pressures, and an increased scrutiny of multinational tax practices.