Our latest insights

Well over half of all Australian family businesses do not have processes in place to deal with conflict, to clearly express the aim and goal of the business and to allow for transition and succession. Consulting a third party facilitator can assist with the formation of a governance structure. A facilitator provides a layer of independence as they are not emotionally involved, and serve in holding the family accountable, aiding in dealing with more sensitive matters.

Despite facing industry wide challenges, private developers and not-for-profits are attempting to combat the housing affordability crisis. What could the Government do in the Budget to create more affordable housing?

There have been some recent developments from the ATO which are set to impact those using a discretionary trust as part of their financial family arrangements.

In the immediate aftermath of a disaster such as the floods, the focus is on stabilising your business to ensure it can continue to operate or return to operations as soon as possible.

Across all industries and at all levels of employment – from CEOs to backpackers – businesses are looking to this year’s Federal Budget for incentives to make working in Australia more attractive.

Grant Thornton’s Women in Business 2022 research tracked women in senior management across the world, through flexible working and supporting gender equity.

Round two of the Future Fuels Fund is now open to support demonstration and deployment projects of commercial fleet businesses adding Zero Emission Vehicles (ZEV) and associated infrastructure.

There is an increased importance for the boards of family businesses to find the right balance between compensation for the management team working in the business, and earnings for the family shareholders who own the business. It is likely that some family members will be involved in both aspects which heightens the challenge of distinguishing the return. There are several ways for family business owners to approach these challenges.

When it comes to M&A transactions, obtaining a truly clear exit is often a lot harder than it seems.

Focused on post-COVID recovery, Queensland is actively investing in industry to promote growth and create jobs in the state. There are four key funding programs available to growing businesses that operate in the priority industry sectors below.

A range of VIC State Government stimulus packages have been announced to boost the economy starting from March 1.

With Western Australia’s border due to open on 3 March when the State is forecasted to reach its 70% vaccination rate, the McGowan Government has released $67 million in stimulus measures for business affected by COVID-19 on 24 February.