Navigating the Australian business landscape involves more than just identifying market opportunities; it also entails a thorough understanding of our country's tax and other regulatory obligations.
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The results of the 2023 Family Business survey showed succession planning is still a topic of high importance to family businesses. The results revealed 72 per cent of family businesses believe succession planning would be an important topic for their business over the next two years.
The controversial Treasury Laws Amendment (Better Targeted Superannuation Concessions) Bill 2023 was released on October 3 for consultation to enact changes to superannuation tax concessions.
In this episode of Navigating the New Normal, Jace Gawne-Buckland, Partner and National Head of the Technology, Media & Telecommunications industry group, and Michael Pittendrigh, National Managing Partner, Consulting & Private Business Tax and Advisory discuss how an outsourced CFO model can complement an in-house finance function.
Diversity, diversity in family business, Grant Thornton , governance in family business, business governance
To ensure effective integration and outputs, alongside financial viability of new renewable projects, developers, owners, asset managers, energy retailers and investors need to understand the impacts for new and existing projects caused by grid congestion and supply and demand fluctuations.
A new financial year brings superannuation changes, and with it comes opportunities to strategise how you can increase your retirement wealth. We summarised the superannuation changes that you should be aware of from 1 July 2023.
To achieve sustainable growth for your business, you need to navigate the complexities of scaling, financial processes, working capital, and more. As such, it’s critical to know whether your advisor is working with you to future-proof your business and plan for growth – or if they’re just ‘doing the books’. Does your advisor truly understand of your business direction, strengths, and provide tangible advice to enable your growth goals?
As we approach the end of FY23 what are the key areas preparers of financial statements need to consider? Preparers of financial statements will breathe a sigh of relief to know there are no major changes to accounting standards applicable for FY23, however there are some amendments to existing standards to think about ahead of year end, as well as some on the horizon where early adoption may be worth considering.
As we approach the Federal Budget on 9 May, we share our insights on the implications of the Government’s recently announced Better Targeted Superannuation Concessions.
Technical knowledge, digital proficiency and human relations are essential skills in our professional services careers – they’re the pillars to the modern workforce, and to thriving in an agile, increasingly technological world. But beyond technical and behavioural skills, qualifications and being entrenched in your advisory service, it’s empathy and understanding your client’s issues that elevate you as a professional. In the pursuit of specialisation, why is it important to also consider developing your industry expertise, and how can you gain it?
Australia is at the pointy end of a long-standing housing crisis. On top of this, the cost of renting a home has escalated rapidly, reaching all-time highs in many cities with vacancy rates the lowest we’ve seen in years. How is the complexity of this problem impacting businesses and investors navigating transaction and investment structures or seeking to attract essential resources, alongside a challenging construction market? Will the May Federal Budget bring any changes to announcements made in October?