Our latest insights

On Tuesday 29 June the NSW Treasurer Dominic Perrottet announced a major grants package for businesses affected by the recent COVID-19 outbreak and ensuing two week lockdown.

Australia has the second largest reserve volumes of lithium in the world, yet only 4% of it is refined or processed in Australia – we send it all offshore.

Recently passed by Parliament is the Treasury Laws Amendment (More Flexible Superannuation) Bill 2020.

Single Touch Payroll (STP) has been mandatory for all Australian employers since 1 July 2019. After two years of embedding, the ATO has confirmed that Phase 2 of STP reporting will commence on 1 January 2022.

While Modern Slavery Statement reporting periods have gone back to their normal schedule, now is a timely reminder to collate your Modern Slavery Statements and submit in time with the regular deadlines.

JBS Foods International is the largest meatpacking company in the world – but also in Australia. Operating 47 sites across the country, some sub-brands you might recognise include Primo and Hans.

Department stores have long been a popular hub for convenience, variety and discovery. However, the explosion in online shopping, continued expansion of floorspace and now the challenges of Covid-19 have seriously challenged their business model.

The G7 this week has reached what has been described as a seismic agreement on global tax reform. The new rules, yet to be truly formulated, are meant to ensure that the world’s largest multinational technology companies will pay “their fair share” of tax in the countries in which they operate.

With the end of the financial year only a few weeks away, now is an opportune time to review your business affairs as part of your year-end tax planning. As we countdown to 30 June, here are some considerations as you wind up another financial year.

In our podcast, Alex Bell, partner and National Head of Forensics at Grant Thornton, unpacks the complexities behind payroll and awards, the unexpected ramifications of getting it wrong, and what companies can do to protect themselves.

As the end of the 2021 financial year approaches, we outline new and existing measures for consideration around Superannuation Tax Planning.

A favourite instrument for start-ups and companies about to list – Employee Share Schemes are used far more widely than most people think.