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In this special episode of Beyond the Numbers with Grant Thornton, Private Enterprise Partner Beau Chaperon hosts the show and sits down with Lea Hicks and Richard Fox to discuss resilience, leadership and the relationships that help individuals and organisations navigate change and achieve lasting success for Western Sydney.
Legacy is often associated with the athletes, infrastructure and moments that capture public attention. Yet the foundations of a lasting legacy are built well before the event begins and continue long after it ends.
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The 2022 floods across the east coast have had a catastrophic impact on businesses, many of which are still suffering the lingering effects of the COVID-19 pandemic.
In June 2018, the NSW Modern Slavery Act 2018 (NSW Act) was passed – just ahead of the national approach to modern slavery. The Commonwealth’s Modern Slavery Act 2018 (Cth) (the Commonwealth Act) was introduced to the Commonwealth Parliament a few weeks after New South Wales.
Aged care providers are tasked with delivering services to care recipients that exhibit quality and safety attributes. This means that services must have a degree of excellence attached to them and be physically, mentally, emotionally and psychologically safe. In order to achieve this level of quality and safety, the human interactions between carers and care recipients must be kind and attentive, and carers must enjoy the same sense of being safe in all of these dimensions.
Well over half of all Australian family businesses do not have processes in place to deal with conflict, to clearly express the aim and goal of the business and to allow for transition and succession. Consulting a third party facilitator can assist with the formation of a governance structure. A facilitator provides a layer of independence as they are not emotionally involved, and serve in holding the family accountable, aiding in dealing with more sensitive matters.
Despite facing industry wide challenges, private developers and not-for-profits are attempting to combat the housing affordability crisis. What could the Government do in the Budget to create more affordable housing?
There have been some recent developments from the ATO which are set to impact those using a discretionary trust as part of their financial family arrangements.
In the immediate aftermath of a disaster such as the floods, the focus is on stabilising your business to ensure it can continue to operate or return to operations as soon as possible.
Across all industries and at all levels of employment – from CEOs to backpackers – businesses are looking to this year’s Federal Budget for incentives to make working in Australia more attractive.
Grant Thornton’s Women in Business 2022 research tracked women in senior management across the world, through flexible working and supporting gender equity.
Round two of the Future Fuels Fund is now open to support demonstration and deployment projects of commercial fleet businesses adding Zero Emission Vehicles (ZEV) and associated infrastructure.
There is an increased importance for the boards of family businesses to find the right balance between compensation for the management team working in the business, and earnings for the family shareholders who own the business. It is likely that some family members will be involved in both aspects which heightens the challenge of distinguishing the return. There are several ways for family business owners to approach these challenges.
When it comes to M&A transactions, obtaining a truly clear exit is often a lot harder than it seems.