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Federal Budget 2022-23
Queensland Land Tax Reform
The Revenue Legislation Amendment Bill 2022 includes amendments to the Land Tax Act 2010) previously announced in the 2021-22 Budget Update to enable the value
COVID business hub
2022 Fringe Benefits Tax updates
As the Fringe Benefits Tax year finishes and we run down to the EOFY, it is a good time to update and recap on FBT developments.
MMI
Modern Manufacturing Initiative
Applications are open under the $1.3bn Modern Manufacturing Initiative (MMI). This is the most generous funding program the Government will embark upon to
Cash flow
Preserving cash flow and unlocking capital
Cash management is the most critical issue for businesses right now.
Podcasts
The Last Great First
In our first episode, we meet Drs Gareth Andrews and Richard Stephenson from The Last Great First, who in October will attempt to become the first polar
Events & Webinars
Events & Webinars
The latest events & webinars held by Grant Thornton Australia

Latest insights

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Client alert Final round of funding for medtech commercialisation 09 Aug 2022
The second and final round of the Clinical Translation and Commercialisation Medtech (CTCM) program opens on 9 September 2022.
Insight CPS 234 Tripartite Review – Considerations for APRA-regulated entities 09 Aug 2022
Following the announcement of the CPS tripartite audits in November 2021, APRA began issuing notices to regulated entities to undergo the independent
Client alert Draft Legislation: Adjustment to relieve Indian firms from Australian tax on technical services income 08 Aug 2022
On 1 August 2022, Treasury released draft legislation to prevent the taxation by Australia of Indian resident firms providing certain technical services
Client alert ACT economy faring better than expected in state budget 03 Aug 2022
Yesterday the Australian Capital Territory’s (ACT) Chief Minister Andrew Barr handed down the ACT budget.
Client alert Increased superannuation release authorities for excess non-concessional contributions (ENCC) 03 Aug 2022
The ATO has recently announced that they have now re-commenced issuing requests to release excess contributions and other charges for superannuation fund
Insight Sustainability and ESG in Family Businesses 03 Aug 2022
Correctly adopting a sustainable element as part of a supply chain leads to environmental, customer, cultural and community benefits. It also enables family
Insight APRA consults on new prudential standard to strengthen operational resilience 03 Aug 2022
APRA has now released draft Prudential Standard CPS 230 Operational Risk Management for comment. CPS 230 establishes APRA’s expectations regarding operational
Client alert Preparing for Government Grant opportunities in FY23 02 Aug 2022
Prepare your business and project pipeline for government grant funding opportunities in the new financial year with our learnings from FY22.
Client Alert The penalty free period is over. Payment Times Reporting just got more real. 02 Aug 2022
The Payment Times Reporting (PTR) Scheme was introduced on 1 January 2021, requiring large businesses to report on the payment terms, and invoice payment times
Client Alert Payroll tax in the health care sector 28 Jul 2022
Last week the NCAT Appeals Panel released their decision on a recent payroll tax case, Thomas & Naaz, likely to have a significant impact on medical and allied
Client alert Australian Tax Office reminds taxpayers not to undertake treaty shopping arrangements 27 Jul 2022
On 20 July 2022 the ATO released its Taxpayer Alert TA 2022/2 to remind taxpayers not to undertake “treaty shopping” arrangements in order to reduce Australian
Client alert Electric Cars – FBT Exemption Confirmed 27 Jul 2022
The Government today introduced draft legislation to give effect to a pre-election promise to exempt (non-luxury) electric cars from fringe benefits tax (FBT).
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