The Australian Federal Budget for 2026-27 will be handed down in May 2026, the first budget since Labor's re-election in 2025.
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Artificial intelligence is accelerating and amplifying traditional business risks, from cyber threats to fraud and decision-making integrity. This article outlines five emerging risk patterns and highlights why organisations must rethink risk management approaches to remain effective in an AI-driven environment.
On 10 June 2026 the High Court found that a trust’s unpaid present entitlement (UPE) to a company is not treated as a ‘loan’, and potentially subject to tax as a deemed dividend under Division 7A.
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Grant Thornton Bharat and Grant Thornton Australia hosted a joint webinar on the correlation between transfer pricing and customs for various sectors in the India-Australia business corridor.
On 21 March 2024, the Federal Treasury released a package of Exposure Draft bills and Explanatory Memoranda in respect of the OECD Pillar Two global/domestic alternative minimum tax rules.
If you performed eligible Australian-based R&D activities during the financial year ended 30 June 2023, the 30 April 2024 deadline to register your activities with AusIndustry is fast approaching.
Tax & legal considerations for financial settlements in relationship breakdowns
The transition to Expected Credit Loss (ECL) modelling under AASB 9 revolutionises financial accounting. Success relies on understanding ECL principles, ensuring data quality, robust methodologies, and effective governance.
The Aged Care Taskforce (ACTF) has released its final report. Its clear focus is on improving sustainability and ensuring fairness. The final report described twelve funding principles which fall into the categories of supporting older people as they age, equitable and sustainable funding, quality innovation, and transparency.
Discover APRA's proposed new guidelines on Interest Rate Risk in Banking Book (IRRBB) through APS 117, impacting non-significant financial institutions (non-SFI). Learn about key requirements, including risk management framework integration, technology capacity assessment, and data quality evaluation, ensuring compliance and effective risk management.
Read more for insights from the latest APRA statistics and ICAAP reviews highlighting the Australian banking sector's strengthened capital management. Learn key considerations for ADIs to balance risk and growth effectively, including data quality, operational risk focus, and leveraging automation.
In the latest episode of Beyond the Numbers with Grant Thornton, Kristina Popova, State Taxes Partner and Bei Bei Han, Private Business Advisory Partner discuss increases in land tax assessments, potential avenues for appeal, and the impact of the current and proposed changes on businesses and individuals.
The choice between EBIT or EBITDA as the basis for the Future Maintainable Earnings (FME) of a business is encountered by business valuation professionals in each new matter which presents itself.
The explosion of artificial intelligence (AI) tools such as ChatGPT and Google Gemini (formerly Bard), has created a shift in mindset across all industries. The Internal Audit sector has considerable upside in leaning into this technology both in using AI and reviewing the use of it.
In this episode John Picot, Chairperson of the Grant Thornton Foundation, Christina Molina and Jennifer Lobb from headspace, and Sean Douglas from Special Olympics discuss what makes them so passionate about the social sector, how the community can support their organisations, as well as the stigmas and misconceptions around mental health and diversity and inclusion.