Our latest insights

In addition to the publication of the IFRS quarterly newsletters, the IFRS team at Grant Thornton International releases from time to time special edition newsletters that focus on major IFRS developments. While these newsletters are written from an IFRS perspective, they are relevant to the Australian environment as Australian Accounting Standards incorporate IFRSs issued by the International Accounting Standards Board. If you have any queries regarding these special edition newsletters please don’t hesitate to contact your local Grant Thornton office.

Round three of the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry revealed further examples of where the banking sector is failing its customers.

The professional services industry faces a growing threat of cyber-attacks, making it more important than ever to be able to respond, particularly given Australia’s new privacy laws.

The Common Reporting Standard (CRS) is the global standard for the collection, reporting and exchange of financial account information on foreign tax residents.

Our annual 2018 International Business Report (IBR) survey, released in May 2018, asked 2,500 executives from 35 economies about Engagement Beyond the Boardroom.

While GDPR will impact a broad range of companies, technology companies will face some unique challenges. Tech companies access huge amounts of data from a variety of sources and therefore face significant data inventory challenges.

Finally, we’ve been taking a holistic view to assessing the Federal Budget implications from global, industry and business perspectives.

Mid-sized businesses are the backbone of the Australian economy and it’s crucial this segment is supported by a future-focused, long-term tax environment so they can achieve sustainable growth in what is an uncertain economic environment.

The federal budget in May provides an opportunity for the Turnbull Government to build on Australia’s record-breaking run of economic growth. Such growth is essential to fund vital infrastructure projects and health and education services, and to improve the individual and collective wellbeing of Australia’s people.

Investment in research and development (R&D) is vital to Australia’s economy, and essential to attracting technology-focused organisations, investors and talent to our shores.

After much focus in last year’s Federal Budget, the real estate and construction sector still needs time to implement the raft of changes and assess the incentives under the Housing Affordability banner in 2017, as well as the more recent stapled securities announcements.

Watch Darrell Price, Grant Thornton’s Health & Aged Care National Head, as he shares his views on what the Federal Government needs to focus on in this year’s Budget to genuinely help – and incentivise – those in the sector, including the aged care, disability and general practice sub-sectors, so they can continue to provide solid, sustainable health care to those in the community.