Our latest insights

The pandemic, the global shipping crisis and the shock of Russia’s invasion of Ukraine drove hard-pressed customs and trade professionals to focus almost entirely on reducing risk and ensuring continuity of supply. But recent evidence of improving supply conditions means that pressures on customs teams are finally beginning to normalise.

In today’s world, sustainability is a business imperative. Mid-sized businesses have a unique opportunity to make a significant impact on the environment while also reaping substantial benefits. Here are some actionable strategies to help reduce your carbon footprint and enhance your business’s sustainability.

Discover the latest insight on FBT for employee car parking outside the CBD areas. Learn about the recent Federal Court decision, its implications for employers and how Grant Thornton’s experienced Employment Solutions team can help you navigate changes.

Having funds in superannuation is a great financial structure from a tax perspective. Despite this being a great vehicle to invest your money, you should be aware of the potential tax that applies to certain beneficiaries of your super upon your death.

The Australian Government announced in the 2023-2024 Mid-Year Economic and Fiscal Outlook measures now contained in Treasury Laws Amendment (Tax Incentives and Integrity) Bill 2024, which from 1 July 2025 will result in any GIC / SIC incurred by a taxpayer being non-deductible for income tax purposes.

In its Budget Reply, the Opposition commits to key spending on healthcare and energy but plans to cut 41,000 public servants and repeal $17.1B in tax cuts, citing fiscal concerns.

With the 2025 Federal Budget confirmed for 25 March, we've got you covered. Check out our Federal Budget hub for our Budget coverage, and make sure you register for our virtual seminar where our panel of experts will dissect the Budget and tax implications for your business.

For accounting experts, one of the key factors surrounding any valuation assignment stems from the concept or meaning of value (often referred to as the Basis of Value) to be applied, as these can have different meanings depending on the context or circumstances where it is applied to a valuation engagement.

Treasurer Jim Chalmers has delivered the Federal Budget 2025-26 – the Government’s fourth since taking office.

In a few days, the Treasurer will present a budget that few of us expected. While in the shadow of the upcoming Federal election, it’s important that the Government takes the opportunity to set a platform to support Australian business in an environment of major global uncertainty.

Aligning automation with business strategy is crucial for creating future-ready supply chains. Emphasising flexibility, scalability, and simplicity in automation solutions enhances efficiency and adaptability while meeting evolving customer demands.

Starting April 1, 2025, the ATO will require small businesses with GST non-compliance history to switch to monthly reporting.