For wine producers and vineyard owners, the recent New South Wales Civil and Administrative Tribunal decision in Zonadi Holdings Pty Ltd ATF Wombat Investment Trust v Chief Commissioner of State Revenue [2025] NSWCATAD 84 may spell trouble for their current primary production land tax exemptions.
ADIs are navigating regulatory reform, digital transformation, and rising fraud risks by strengthening governance, modernising infrastructure, and aligning strategy with compliance to drive resilience and long-term value.
As the regulatory landscape continues to evolve, it's crucial for small businesses in Australia to stay updated on new compliance requirements. One significant area is sustainability reporting due to the Australian government's introduction of mandatory sustainability reporting requirements. While these regulations may not directly apply to small businesses, understanding their implications is essential for maintaining strong commercial relationships and ensuring future compliance.
M&A deal volumes are down, but industry deal composition suggests Australia’s M&A landscape has largely stabilised. IMs led the charge by deploying long-held capital, while IPOs are subdued – likely into the future. Industrials continues to be the sector driving activity, and SMEs again remain some of the most sought-after targets for acquisition.
In this episode, Corporate Tax Partner Vince Tropiano, Global Trade Partner Richard Nutt and Innovation Incentives Director Simone Barker discuss the Australian economy and how tariffs are impacting Australian manufacturing businesses – and what they can do to mitigate risks.
As of April 9, 2025, a minimum universal tariff of 10 per cent has been applied to all imported goods into the United States, while certain countries face higher reciprocal tariffs based on their US trade deficit.
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Skills gaps in customs and trade threaten the bottom line and restrict future growth. While recruitment strategies are the key to solving this challenge in the long term, customs and trade managers can ensure operational tasks and strategic projects stay on track by bringing in a trusted, external partner to act as an extension of their team.
Organisations are bringing cost diligence back into the customs and trade planning equation in response to improving supply chain conditions. But finding cost efficiencies should not lead to higher risk, lower quality, slower delivery times, or detract from customer satisfaction. Instead, the focus should be on strategies that are a win for both the customer and your organisation’s bottom line.
The pandemic, the global shipping crisis and the shock of Russia’s invasion of Ukraine drove hard-pressed customs and trade professionals to focus almost entirely on reducing risk and ensuring continuity of supply. But recent evidence of improving supply conditions means that pressures on customs teams are finally beginning to normalise.
Discover the latest insight on FBT for employee car parking outside the CBD areas. Learn about the recent Federal Court decision, its implications for employers and how Grant Thornton’s experienced Employment Solutions team can help you navigate changes.
Having funds in superannuation is a great financial structure from a tax perspective. Despite this being a great vehicle to invest your money, you should be aware of the potential tax that applies to certain beneficiaries of your super upon your death.