Over the past 18 months, we have seen a consistent level of deal activity despite significant headwinds which have impacted the Agribusiness, Food & Beverage (Ag, F&B) sector and the broader economy. Through our analysis of 1,466 global transactions for the Ag, F&B sector in the 18-month period to December 2022, transaction multiples have remained strong – a pleasing result for businesses undertaking divestment activity.
Technical knowledge, digital proficiency and human relations are essential skills in our professional services careers – they’re the pillars to the modern workforce, and to thriving in an agile, increasingly technological world. But beyond technical and behavioural skills, qualifications and being entrenched in your advisory service, it’s empathy and understanding your client’s issues that elevate you as a professional. In the pursuit of specialisation, why is it important to also consider developing your industry expertise, and how can you gain it?
Customer expectations are quickly evolving. Unless your business can create a unique value proposition and strong connections with its customers, your relationship with your most important stakeholders is at risk. With demands for personalisation at its core, retailers are no longer encouraged but expected to build a connected consumer experience to support the customer journey and drive loyalty. How can retailers manage this demand for accessibility of products, information, and customer services via their platform of choice, as well as drive brand loyalty in a highly competitive marketplace?
Australia is at the pointy end of a long-standing housing crisis. On top of this, the cost of renting a home has escalated rapidly, reaching all-time highs in many cities with vacancy rates the lowest we’ve seen in years. How is the complexity of this problem impacting businesses and investors navigating transaction and investment structures or seeking to attract essential resources, alongside a challenging construction market? Will the May Federal Budget bring any changes to announcements made in October?
In this episode, Partners and Innovation and Incentives specialists Rebecca Iwanuscha and Sukvinder Heyer discuss the importance of innovation, what to expect in the May Federal Budget, and what we want to see from the Government in terms of support in this space.
As a Trustee (the person who manages the fund) you have many obligations you must adhere to once your self-managed super fund (SMSF) is setup.
At Grant Thornton, we offer a National Superannuation team to support you and your family with the accumulation phase right through to retirement.
To support the Australian Government’s objective of doubling philanthropy by 2030, a Productivity Commission inquiry has been set up to analyse motivations for philanthropic giving in Australia and identify opportunities for future growth. Grant Thornton Australia will be making a submission centred around our observations on this matter. Our submission will include considerations on the Deductible Gift Recipient and broader tax framework, the operation of Ancillary Funds, fundraising laws and other related matters.
While Net Zero targets have been on the agenda for years now, we’ve recently seen a rise in measures along the regulatory landscape. Across the globe, there’s been significant public and private investment to support and encourage sustainable practices, implement carbon policy, develop taxes on carbon footprint and plastic use, and more. In a rapidly changing regulatory environment where exporters need to adapt to new measures implemented across multiple jurisdictions, how can Australian businesses adapt? And what tax reforms can businesses expect domestically?
In this episode, Jodi discusses the importance of empathy in the workplace, how we can continue to change the perception around caregiving, and why they continue to be inspired through their work with Circle In.
Improvements are needed for Government changes to Thin Capitalisation regime’s Exposure Draft (ED) legislation which will apply mainly to multinationals with high interest deductions for income years commencing on or after 1 July 2023. Grant Thornton have identified a number of areas of interest in submissions to Government which reflect our analysis and include the views of our affected clients and their bankers and lawyers.
When it comes to family governance, we often recommend introducing a formal family governance structure while the second generation is being transitioned into the business.