Our latest insights

With rising supply chain costs and disruptions on a global scale as a result of the pandemic, Australia has been a prime example of resilience by increasing reliance on domestic products to minimise shortages. Although we’ve increased the supply of Australian products, some organisations struggle to compete with global sellers. As supply chains slowly ease back into a pre-pandemic rhythm and import capabilities open back up to their full potential, to compete on a global scale more efficiently, this creates an opportunity to consider where trade policies via tariffs and quotas could be applied to even out the playing field.

There have been pressure systems gathering momentum along two fronts. Whilst they have largely gone unnoticed by many in the industry, collisions between the two have occurred and left some casualties in the M&A space. Previously, it was regarded by many deal-makers that employer obligations were quite low in risk. However, multiple enforcement agencies are focusing on unpaid employee entitlements and contract hire labour. The uptick in compliance activity has coincided with growth in the M&A space, leading many to believe there are huge levels of unquantified risk in the market – often not covered by warranty and indemnity insurance.

Australia is sitting on an untapped pot of money, potentially $34 billion, that could be recouped from the shadow or black economy. The Government set up a shadow economy taskforce in 2016, but will this year’s Federal Budget shine a light on the issue again?

New COVID-19 variants remain a risk for all world economies and this uncertainty has the potential to impact business confidence and investment decision-making. This will be weighing on the Australian Government as it fine-tunes the 2022-23 Federal Budget.

M&A activity has had a significant uptick during the pandemic, with cashed-up buyers capitalising on opportunities for strategic investments. With any investment, it is important to properly assess the level of tax risk that a target investment entity presents.

Aged care providers are tasked with delivering services to care recipients that exhibit quality and safety attributes. This means that services must have a degree of excellence attached to them and be physically, mentally, emotionally and psychologically safe. In order to achieve this level of quality and safety, the human interactions between carers and care recipients must be kind and attentive, and carers must enjoy the same sense of being safe in all of these dimensions.

Across all industries and at all levels of employment – from CEOs to backpackers – businesses are looking to this year’s Federal Budget for incentives to make working in Australia more attractive.

Grant Thornton’s Women in Business 2022 research tracked women in senior management across the world, through flexible working and supporting gender equity.

A question we often hear is ‘what is a family office’? While any family can think about these same issues and investment goals, our family office start up allows families with a minimum of $2 million to invest to start a family office.

When COVID-19 hit Australian shores, and businesses across all industries started to feel its impact, state and federal governments began to release a wide range policy updates and initiatives.

There have now been some developments in how medical practice entities are affected by Payroll Tax, which is expected to have a long-term – and backdated – impact on providers.

A family’s legacy – or wishes for its legacy – are as unique as each family itself.