Our latest insights

In the latest episode of Beyond the Numbers with Grant Thornton, Financial Advisory Partners John McInerney and Cameron Crichton discuss the current economic climate, what SBRs are, eligibility criteria, and how businesses have successfully turned around using this regime.

The Taxation Ruling TR 2023/4DC1 has been updated to include a draft appendix that expands the definition of ‘employee’ specifically for superannuation guarantee purposes.

The manufacturing sector has demonstrated remarkable resilience and adaptability, achieving steady growth through effective cost management and strategic investments despite economic challenges.

One of the fundamental rules for a self-managed superannuation fund (SMSF) is the general prohibition on borrowing.

In this episode, Director of Operations at Walk Free, Katharine Bryant, discusses the rising wave of socially responsible generations wanting to make a difference, the methodology behind the Global Slavery Index as well as the challenges in collecting data, and what more can be done to eradicate modern slavery.

The current economic environment is challenging for businesses trying to operate when budgets are tighter and profit margins are squeezed. Family businesses are uniquely positioned as they’re used to maintaining a long-term perspective, naturally fostering a transgenerational mindset through knowledge sharing, learning and investment in the business.

When undertaking a valuation of a business or entity for commercial or litigious purposes, a fundamental element of the valuation is considering the available information about the ‘market’ to assist in assessing value.

AASB 18 Presentation and Disclosure in Financial Statements

Businesses are increasingly recognising the importance of sustainable practices to safeguard our planet for future generations. However, as the demand for sustainable products and services grow, so does the prevalence of greenwashing – a deceptive practice where businesses falsely claim to be environmentally friendly.

The ATO’s GST Analytical Tool and data testing has been designed to achieve high assurance in GST governance.

As we enter the final week of the financial year, here are some things to consider when it comes to your superannuation.

In 2015, the Australian government introduced the concept of a Significant Global Entity (SGE). Even if an Australian company has relatively small operations in Australia, it may still be considered an SGE if it part of a group with large turnover. Watch now as Vince Tropiano and Jessica Brass discuss the key issues to be aware of in respect to SGEs.