Our latest insights

Family businesses are the backbone of the Australian economy, providing stability and employment. However, as these businesses grow and evolve, so do the complexities of their financial landscapes. For the Rising Generation preparing to take the reins, understanding and managing these complexities is crucial.

Last week, the Australian Securities and Investments Commission (ASIC) released a report highlighting issues with the superannuation industry's handling of death benefit claims and the impact these have on grieving Australians.

Organisations are bringing cost diligence back into the customs and trade planning equation in response to improving supply chain conditions. But finding cost efficiencies should not lead to higher risk, lower quality, slower delivery times, or detract from customer satisfaction. Instead, the focus should be on strategies that are a win for both the customer and your organisation’s bottom line.

While APRA has acknowledged the achievements of member-owned and not-for-profit funds to-date, it also noted Boards must do more to ensure long-term sustainability of their organisations.

In this episode, Partner and Head of Digital Assurance Liam Te-Wierik explores how technology is assisting auditors, the guardrails to be considered when using these tools and his thoughts on future trends for the auditing profession.

Post-acquisition disputes can significantly impact the success of a transaction and the ongoing success of the businesses involved. Read about practical insights into common post-acquisition dispute issues and how to address them proactively, particularly through the financial due diligence and deal advisory process.

The pandemic, the global shipping crisis and the shock of Russia’s invasion of Ukraine drove hard-pressed customs and trade professionals to focus almost entirely on reducing risk and ensuring continuity of supply. But recent evidence of improving supply conditions means that pressures on customs teams are finally beginning to normalise.

Discover the latest insight on FBT for employee car parking outside the CBD areas. Learn about the recent Federal Court decision, its implications for employers and how Grant Thornton’s experienced Employment Solutions team can help you navigate changes.

In today’s world, sustainability is a business imperative. Mid-sized businesses have a unique opportunity to make a significant impact on the environment while also reaping substantial benefits. Here are some actionable strategies to help reduce your carbon footprint and enhance your business’s sustainability.

Having funds in superannuation is a great financial structure from a tax perspective. Despite this being a great vehicle to invest your money, you should be aware of the potential tax that applies to certain beneficiaries of your super upon your death.

The Australian Government announced in the 2023-2024 Mid-Year Economic and Fiscal Outlook measures now contained in Treasury Laws Amendment (Tax Incentives and Integrity) Bill 2024, which from 1 July 2025 will result in any GIC / SIC incurred by a taxpayer being non-deductible for income tax purposes.

In its Budget Reply, the Opposition commits to key spending on healthcare and energy but plans to cut 41,000 public servants and repeal $17.1B in tax cuts, citing fiscal concerns.