Our latest insights

Outrages around quality care shortfalls, COVID-19 outbreaks in residential aged care facilities, coupled with the recent Royal Commission into Aged Care Quality and Safety, have unfortunately painted a bad picture of the Australian aged care sector. This has affected the number of workers in the field and resulted in poor uptake of nursing degrees. That’s why many providers are relying on the approaching Federal Budget for investment to drive better outcomes in aged care by supporting its predominant capital – the workforce.

Succession planning is a key issue that all will eventually have to face. While some businesses would have considered a family business successor, what is often overlooked are internal risks.

The Federal Government’s Jobs and Skills Summit brought Government, employers, unions and the broader community together with the aim of building a bigger, better trained and more productive workforce, boosting real wages and living standards for Australians. But how will it affect businesses in the short term – and the long term?

Australia has relied heavily on businesses and consumers to lead the way on emissions reduction to tackle climate change. Several Australian states have had to develop their own policies and roadmaps to progress the clean energy transition and enable private sector investment outside the national framework. This presents risks and challenges if not managed carefully.

Considering Australia’s significant fintech and financial sector experience, it’s no surprise Victoria’s recent Intersekt Festival focused on leveraging Australia’s fintech market to its full potential.

In this episode of The Remarkables podcast we are joined by one of Australia’s leading sustainability experts, Dr Monique Retamal to discuss sustainability, the environmental cost of fast fashion, and more.

Podcast series by Grant Thornton Australia

If Family Business owners wish for their business to pass on from generation to generation and keep their business within the family, preparation and training should start at birth. This requires a dedication and devotion of education, time and care, and it is important to be proactive with planning.

The term “Family Office” is often misunderstood, so what does it mean? What does it specifically mean to your family and why is it important? Family Office places structure around your investments for the future and ensures that you are asked to consider the important questions.

Across the country, we are seeing a growing trend for shareholder oppression proceedings due to mechanism being used to expediate a deal between disputing shareholders. But how do you value a minority interest held by a shareholder when they have instigated such proceedings? We look at a recent judgment which provides further clarification for valuers in these growing scenarios.

The deadline for existing Directors to apply for a Director Identification Numbers (DIN) is fast approaching. Existing Directors have until 30 November 2022 to obtain a Director ID. New Directors will need to apply for a DIN prior to being appointed as a Director.

The Senate committee charged with reviewing the government’s proposed new legislation for the exemption from fringe benefits tax (FBT) for electric vehicles (EVs) has now handed down its report.