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Innovators more confident to undertake research as R&D incentives in question, finally remain untouched

04 May 2016

Australia’s life sciences sector breathed a sigh of relief, welcoming the fact that the Government left the main support for innovation in Australia, the R&D tax incentive, untouched.

Junior miners and explorers not forgotten in the 2016 federal budget

04 May 2016

Grant Thornton is pleased to see that the federal budget includes some support for the junior mining sector, which has suffered significant challenges in recent years. The 2016 federal budget provides A$100 million to Geoscience Australia for mapping mineral, petroleum and groundwater potential in targeted areas across northern Australia and South Australia, with the aim of identifying new greenfield sites for future development.

Manufacturers match made in heaven with invigorated workforce

04 May 2016

Manufacturers have been given a unique opportunity to attract Australia’s youth to the sector which has recently struggled to break down the stereotypical perception about where a manufacturing career might take them.

Agribusiness receives critical infrastructure investment which lays foundation for continued growth in Asia

04 May 2016

Agribusiness receives critical infrastructure investment which lays foundation for continued growth in Asia

Changes uncork competitiveness in the wine industry

02 May 2016

After a two-year industry campaign the Australian Government has agreed to tighten the definition of what constitutes a wine producer and to crackdown on companies making multiple claims under the wine equalisation tax (WET) scheme.

Flex-appeal goes a long way towards workplace happiness: Grant Thornton breaks the mould

27 Apr 2016

It’s no surprise priorities have clearly shifted across all demographics in the workplace* and businesses are rapidly changing to keep up with meeting the challenges around work life balance as well as achieving diversity and workforce participation.

$300bn in cyber breaches: Mid-size business welcomes Cyber Security Strategy

23 Apr 2016

As leading advisors to mid-size business we applaud the Turnbull government for the investment in boosting Australia’s cyber defence, following yesterday’s announcement of its Cyber Security Strategy and investment.

Statement re: Arrium Voluntary Administration

13 Apr 2016

The Voluntary Administrators Grant Thornton have today supported an application that sees KordaMentha appointed as replacement Voluntary Administrators of Arrium Limited and 93 of its Australian subsidiaries.

Arrium Limited appoints Grant Thornton as Voluntary Administrators

08 Apr 2016

Paul Billingham, Said Jahani, Michael McCann and Matt Byrnes, all of Grant Thornton, have today been appointed as Voluntary Administrators of Arrium Limited and the majority of its Australian subsidiaries* (“Arrium” or “the Group”), following resolutions passed by the Boards of the affected companies. The Australian and global Moly-Cop business is not affected by the appointment.

Highest economic contribution; yet mid-size business goes cap in hand on budget incentives

25 Mar 2016

With more than 54,000 mid-size businesses contributing to Australia’s economy compared to just 1,600 large corporates, they’re still under-represented in the national debate and this year’s federal budget shows no sign of reprieve.