Our latest insights

Rising labour costs, increasingly complex supply chains, higher expectations and the demands of omnichannel retail are becoming embedded structural costs that are reshaping how retailers operate and scale

Delivered against an uncertain economic backdrop, the 2026-27 Federal Budget reflects a government navigating competing pressures.

AASB S2025-1 Amendments to Greenhouse Gas Emissions Disclosures, issued by the Australian Accounting Standards Board (AASB) to amend AASB S2 Climate-related Disclosures (AASB S2)

This report is Grant Thornton's independent assessment of whether those conditions exist. It examines the key financial, structural and regulatory factors constraining investment in residential aged care and what needs to be in place for investment to follow at the scale the sector requires.

Western Australian Treasurer Rita Saffioti MLA handed down the State Budget on Thursday 7 May 2026, alongside Premier Roger Cook MLA. The economic outlook continues to be influenced by global uncertainty and ongoing inflationary pressures.

Australia’s R&D policy is back in focus ahead of the Federal Budget, with the SERD review highlighting declining investment and the need for reform. While no immediate changes to the R&D Tax Incentive have been announced, businesses should watch for potential policy shifts and ensure strong governance, compliance, and documentation under the current framework.

Enterprise Resource Planning systems automate and integrate core business processes across HR, finance, supply chain, inventory and operations and like any major technology, they evolve over time. Sometimes this is through incremental upgrades, and other times it is through large‑scale transformation projects that introduce an entirely new platform.

For overseas property developers investing in Australia, early funding decisions can have a material impact on tax outcomes, deductibility and overall returns. Where debt, equity and related party funding are treated differently under Australian tax rules, the structure chosen at the outset matters.

From 1 July 2026, two significant changes take effect: Payday Super will require superannuation to be paid with every payroll run, and reforms to the superannuation guarantee charge framework will substantially increase the financial consequences of non-compliance. For real estate and construction businesses that rely heavily on contractors, the pressure to identify and manage super obligations correctly, and early, has never been greater.

The Northern Territory’s 2026–27 Budget delivers record investment in health, infrastructure and housing, alongside increased funding for law and order.

On Tuesday 5 May 2026 Victoria’s Treasurer, Jaclyn Symes, delivered the State Budget alongside Premier Jacinta Allan. Delivering a $727m operating surplus in 2025-26, which would be the first budget surplus in more than 5 years. A $1.05b surplus is projected in 2026-27.

As debate intensifies ahead of the Federal Budget, this insight examines why incremental tax changes are no longer sufficient for Australia. It argues for meaningful, productivity‑focused tax reform that addresses growing reliance on personal income tax, system complexity and long‑term budget sustainability, while carefully considering broader reforms such as the GST to ensure fairness and economic resilience.