Treasury has released the most recent rework of the proposed Division 296 tax. Although it has provided some much-needed relief from the original draft, the rework now includes addition hurdles requiring careful planning and consideration.
Across Australia there are regions experiencing a historic transformation fuelled by a combination of significant investment in infrastructure projects and an increase in population. Western Sydney is an example where the economy has expanded to become the third largest in Australia, contributing $100b to Australia’s GDP or 8 per cent of total GDP.
In this episode of Beyond the Numbers with Grant Thornton, we welcome back AML/CTF experts Neil Jeans and Katherine Shamai. They unpack AUSTRAC’s starter kits, share practical tips for embedding compliance into business culture, and explain why it’s critical to start mapping out your designated services now.
The 2025 Family Business Report explored the mindset of Australian family business leaders as they navigate an increasingly complex and uncertain landscape. While the top challenges varied between incumbent leaders and the rising generation – ranging from staffing and cashflow to succession planning – there was notable alignment with the broader threats identified in the survey.
As this year’s series kicks off in late 2025, continuing through to June 2026, we will bring you virtual on-demand webinars featuring guest speakers, legal and industry experts, and Grant Thornton specialists sharing insights and expectations for the year ahead.
Treasurer Jim Chalmers has announced a significant rework of the Federal Government’s stalled superannuation tax increase proposal following widespread review from industry and stakeholders.
In this episode of Beyond the Numbers with Grant Thornton, family business consulting experts Kirsten Taylor-Martin and Heather Gouveia discuss the survey findings, how the different generations are working together to create legacy and the challenges of thinking about succession planning alongside retirement.
The Treasury Laws Amendment (Payday Superannuation) Bill 2025 has now been introduced into the House of Representatives, with very little change to the original draft released for consultation
On 24 September 2025, the ATO released PCG 2025/3 (‘the PCG’), setting out its compliance approach to arrangements where capital is raised to fund franked distributions. This was after their consultation on the draft PCG.
Australian Securities and Investments Commission (ASIC) and the Auditing and Assurance Standards Board (AUASB) have both recently published FAQs providing guidance on the use of the different auditors for financial reporting audit and sustainability reporting assurance.
Australia’s Country-by-Country (“CbC”) reporting regime has evolved significantly in recent years, reflecting a broader global shift towards tax transparency
During the week of 15 September 2025, the Australian Government released multiple reports that are highly relevant for entities preparing for mandatory climate-related disclosures under the Corporations Act 2001 and AASB S2
Our 2025 Family Business Survey revealed a recurring theme that presents both a challenge and an opportunity: succession planning. Succession is often viewed as a pivotal moment in a family business’s lifecycle.
Recent data from the Class Annual Benchmark Report 2025 reveals a powerful trend, which has seen Australians – especially younger generations – increasingly turning to Self-Managed Superannuation Funds (SMSFs) to take control of their financial futures.
In this episode of Beyond the Numbers with Grant Thornton, Management Consulting Partner, Richard Bycroft, and Director, Primo Danieletto, discuss automation in supply chains, triggers for reviewing an organisation’s current model and the ROI businesses can see from implementation.