Our audit team undertakes the complete range of audits required of Australian accounting laws to help you to help you meet obligations or fulfil best practice procedures.
There continues to be a spotlight on trust and integrity within the professional services industry. From our perspective, these have always been critical considerations.
We help clients understand and address their employment tax obligations to ensure compliance and optimal tax positioning for their business and employees.
We provide independent oversight and review of your organisation's control environments to manage key risks, inform good decision-making and improve performance.
We enable our clients to achieve their strategic objectives, fulfil their purpose and live their values supported by effective and appropriate risk management.
The Federal Court’s $5.8M ACL decision signals a new era for privacy, cybersecurity, and governance in Australia. It reinforces that privacy and cyber obligations start Day 1 of any acquisition, governance failures will be scrutinised, and accountability cannot be outsourced. Boards must ensure robust oversight, deep cyber due diligence, and forensic incident response. With OAIC escalating regulatory enforcement, organisations face heightened legal, financial, and reputational risks.
Our forensics team identifies and obtains relevant information, investigates the financial issue at hand and provides a clear, concise, sustainable opinion as...
Our team advises at all stages of a litigation dispute, taking an independent view while gathering and reviewing evidence and contributing to expert reports.
Our M&A team works with clients to achieve a full or partial sale of their business, to ensure achievement of strategic ambitions and optimal outcomes for stakeholders.
Our operational deal services team helps to ensure the greatest possible outcome and value is gained through post merger integration or post acquisition integration.
Our ESG due diligence process evaluates a company's environmental, social, and governance factors during the pre-investment phase to determine the overall maturity of the entity, manage potential risks, and identify opportunities.
Explore strategies for scaling in Australia’s tech and SaaS sector in this report, covering capital raising, investor expectations, and long-term growth.
Our finance and funding team works to access sources of finance, present your case to potential funders and negotiate a long-term sustainable relationship.
We provide effective and strategic corporate finance services across all stages of investments and transactions so clients can better manage costs and maximise returns.
We work closely with clients and lenders to provide holistic debt advisory services so you can raise or manage existing debt to meet your strategic goals.
Our proven methodology identifies opportunities to improve your processes and optimise working capital, and we work with to implement changes and monitor their effectiveness.
Explore strategies for scaling in Australia’s tech and SaaS sector in this report, covering capital raising, investor expectations, and long-term growth.
Our insolvency teams takes a proactive approach so our clients have access to more business turnaround options and retain the most value for all stakeholders.
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.
We help clients improve commercial performance, profitability and address challenges after internal or external triggers require a major business model shift.
We provide strategic director advisory services in times of business distress to help directors navigate issues and protect their company and themselves from liability.
We work closely with clients and lenders to provide holistic debt advisory services so you can raise or manage existing debt to meet your strategic goals.
The Full Federal Court has handed down its decision in AusNet Services Limited v Commissioner of Taxation. AusNet argued that its 2015 restructure did not qualify for rollover relief under Division 615, despite that it earlier said it did. This case serves as a reminder that once a tax election is made, it is very difficult to unwind. Careful planning and forecasting are critical.
We work with private businesses across Australia – and internationals looking to Australia for their investments and operations – on all accounting and...
Our outsourced CFO services provide a full suite of CFO, tax and finance services and advice to help clients manage risk, optimise operations and grow.
Having a considered and informed ESG response has never been more important for all organisations as we are seeing awareness of the elements of ESG continue to...
Following the introduction of mandatory sustainability reporting requirements in Australia, organisations will need to understand if they are required to report, the disclosure requirements, and if they have the skill set and available data to comply. We can guide organisations through the reporting process end-to-end, from climate-related risks and opportunities identification through to reporting support.
With the ESG and sustainability landscape continuing to evolve, we are focused on helping your business to understand how to shape your sustainability strategy. When designing a sustainability strategy, it’s important to take into consideration your sustainability-related risks and opportunities, relevant standards and frameworks such as the SBTi, and your broader business needs.
The sustainability reporting regulations which have come into force in Australia include assurance requirements which are being phased in over several years. Australia is also the first jurisdiction internationally to adopt the new assurance standard. Whether you are seeking voluntary assurance or meeting your compliance obligations, our sustainability assurance team combines technical expertise and industry insights to provide quality and efficiency in the assurance process.
As ESG and Sustainability-related considerations are becoming pivotal for Australian dealmakers, it is important for investors to feel confident in assessing transactions through an ESG lens. The due diligence process evaluates a company's material environmental, social, and governance topics during the pre-investment phase, flagging risks and identifying opportunities for added value.
The Federal Court’s $5.8M ACL decision signals a new era for privacy, cybersecurity, and governance in Australia. It reinforces that privacy and cyber obligations start Day 1 of any acquisition, governance failures will be scrutinised, and accountability cannot be outsourced. Boards must ensure robust oversight, deep cyber due diligence, and forensic incident response. With OAIC escalating regulatory enforcement, organisations face heightened legal, financial, and reputational risks.
Investment and business opportunities in Vietnam are expanding rapidly, driven by new markets, diverse industries, and Vietnam's growing role in export manufacturing, foreign investment, and strong domestic demand.
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.
The Federal Court decision in Morton v Commissioner of Taxation [2025] FCA 336 (“the Morton case”) provides key guidance on the tax treatment of proceeds derived from land development arrangements. This is particularly relevant to landowners considering development partnerships with third-party developers.
The ATO’s GSTD 2025/1 clarifies the GST treatment of prepared meals following the Simplot case. Learn how the new four-step test and transitional compliance approach affect food suppliers.
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.
From an active natural resources M&A market, a growing energy and renewable energy market, to new technologies and export and trade agreements – we have the...
Mining contractors are operating in an increasingly complex and competitive Australian mining sector. With shifting commodity markets, cost pressures, and evolving contract models, understanding contractor performance, financial strength, and growth opportunities is more important than ever.
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.
The Australian Parliament recently passed legislation to introduce two significant tax incentives aimed at bolstering Australia’s critical minerals and hydrogen production sectors.
The incentives form a significant part of the Government’s ’Future Made in Australia‘ policy.
If government grants are part of your 2025 strategy, take note of the available quarter one funding opportunities. With increasing inflationary pressures, government grants can be an essential alternative funding source for businesses with critical investment projects.
The Full Federal Court has handed down its decision in AusNet Services Limited v Commissioner of Taxation. AusNet argued that its 2015 restructure did not qualify for rollover relief under Division 615, despite that it earlier said it did. This case serves as a reminder that once a tax election is made, it is very difficult to unwind. Careful planning and forecasting are critical.
Australia’s new thin capitalisation rules significantly impact businesses with foreign ownership or offshore operations. If your business has debt deductions (such as interest deductions and borrowing costs) of more than A$2m, tax deductions could be denied under the primary ‘earnings tests’ (particularly if your EBITDA is low or negative due to early-stage losses, especially common in sectors like infrastructure and technology).
To manage the above risk, the legislation offers an alternative test: the Third Party Debt Test (TPDT).
The Federal Court’s $5.8M ACL decision signals a new era for privacy, cybersecurity, and governance in Australia. It reinforces that privacy and cyber obligations start Day 1 of any acquisition, governance failures will be scrutinised, and accountability cannot be outsourced. Boards must ensure robust oversight, deep cyber due diligence, and forensic incident response. With OAIC escalating regulatory enforcement, organisations face heightened legal, financial, and reputational risks.
The Aged Care Act 2024 has been in place for a month. Touted as a ‘once in a generation change’ to improve protections for consumers, it also seeks to stimulate investment in residential care services and improve care in the home with the new Support at Home Program.
The Federal Court’s $5.8M ACL decision signals a new era for privacy, cybersecurity, and governance in Australia. It reinforces that privacy and cyber obligations start Day 1 of any acquisition, governance failures will be scrutinised, and accountability cannot be outsourced. Boards must ensure robust oversight, deep cyber due diligence, and forensic incident response. With OAIC escalating regulatory enforcement, organisations face heightened legal, financial, and reputational risks.
The health and aged care industry in Australia is complex and there are a range of challenges and opportunities for the banking sector which can be explored in relation to its various sub-sectors.
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.
Discover how Australian manufacturers are responding to slower growth, rising costs and tighter margins in our 2025 Manufacturing Benchmarks report, with insights on performance, reinvestment and capability-building.
Against a backdrop of rising cost-of-living pressures and economic uncertainty, Not for Profits (NFPs) are facing increasingly complex challenges to maintain financial sustainability. With public expectations rising, funding pathways under strain, and operational costs climbing, many organisations are being forced to reassess how they operate. While the pressures are real, this also creates an opportunity to rethink collaboration, strengthen governance and build long-term resilience.
Australian charities are feeling the pinch of rising costs and increased demand as over 3.3m people live in poverty. From streamlining operations to diversifying funding streams and using technology like AI, leaders are finding ways to meet rising demand and stay resilient in today’s cost-of-living crisis.
Yalari is a not-for-profit organisation offering secondary education scholarships to Australian schools for First Nations students. The organisation champions the value of education and nurtures an encouraging community for students to thrive in their studies.
The ATO has made it clear that the professional services industry is in the spotlight as we head into 2026. With PCG 2021/4 now fully in effect as of 1 July 2024, the question is no longer if the ATO will review your arrangements, it is now a question of when. Is your firm ready?
The Full Federal Court has handed down its decision in AusNet Services Limited v Commissioner of Taxation. AusNet argued that its 2015 restructure did not qualify for rollover relief under Division 615, despite that it earlier said it did. This case serves as a reminder that once a tax election is made, it is very difficult to unwind. Careful planning and forecasting are critical.
Australia’s new thin capitalisation rules significantly impact businesses with foreign ownership or offshore operations. If your business has debt deductions (such as interest deductions and borrowing costs) of more than A$2m, tax deductions could be denied under the primary ‘earnings tests’ (particularly if your EBITDA is low or negative due to early-stage losses, especially common in sectors like infrastructure and technology).
To manage the above risk, the legislation offers an alternative test: the Third Party Debt Test (TPDT).
Australia has commenced reforming its Anti-Money Laundering and Counter-Terrorist Financing (AML/CTF) regime including the ‘Tranche 2’ reforms, which expand AML/CTF compliance to apply to additional professions including lawyers.
Recent findings from the Family Business Report 2025 reveal that cash-flow management and economic uncertainty are the most pressing concerns for businesses in the construction and real estate sectors.
A global perspective on evolving real estate and construction markets, focusing on housing affordability, emerging asset classes, and sustainability. Gain insights from Grant Thornton’s experts across Australia and the UK help leaders navigate uncertainty and adapt investment strategies.
From 2026, Victoria’s VRLT will apply to long-term undeveloped land in metro Melbourne, targeting land banking and encouraging residential development. The expansion follows 2025 reforms aimed at improving housing affordability and supply.
Australia has commenced reforming its Anti-Money Laundering and Counter-Terrorist Financing (AML/CTF) regime including the ‘Tranche 2’ reforms, which expand AML/CTF compliance to apply to additional professions including real estate agents and conveyancers.
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.
Australian consumers are demanding more from retailers – better value, faster service, and consistently high quality. Discover what drives Australian retail and how to meet rising expectations.
The Federal Court’s $5.8M ACL decision signals a new era for privacy, cybersecurity, and governance in Australia. It reinforces that privacy and cyber obligations start Day 1 of any acquisition, governance failures will be scrutinised, and accountability cannot be outsourced. Boards must ensure robust oversight, deep cyber due diligence, and forensic incident response. With OAIC escalating regulatory enforcement, organisations face heightened legal, financial, and reputational risks.
In this episode, National Head of Corporate Finance & M&A Partner Holly Stiles and National Head of Technology, Media & Telecommunications and Private Business Tax & Advisory Partner Jace Gawne-Buckland discuss the current technology landscape in Australia, evolving expectations of investors, and tangible steps tech leaders can take to strengthen their position for future raises or exits.
Explore strategies for scaling in Australia’s tech and SaaS sector in this report, covering capital raising, investor expectations, and long-term growth.
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The compelling client experience we’re passionate about creating at Grant Thornton can only be achieved through our people. We’ll encourage you to influence how, when and where you work, and take control of your time.
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The year 2025 marked a transformative year for Australia’s international tax landscape, with multiple legislative reforms, judicial decisions and ATO guidance – reshaping how multinational groups are taxed in Australia.
Major global initiatives moved from concept to implementation, including the enactment of Pillar Two and Australia’s Public Country-by-Country reporting regime – both signalling a decisive shift towards stronger tax integrity and transparency expectations for large multinationals.
Alongside these reforms, the ATO intensified its technical guidance and compliance activity, and several significant court decisions further clarified Australia’s approach to cross‑border taxation issues.
Australia’s international tax rules are evolving – creating new compliance obligations and strategic considerations to multinational businesses with an Australian presence.
From the introduction of Pillar Two to increased debt deduction limitations and public reporting obligations, the international tax landscape is shifting rapidly. These changes influence how businesses structure financing, manage risk, and plan for sustainable growth – and the decisions you make today will shape outcomes for years to come. Combined with several high‑profile court decisions, the year underlined that staying ahead of international tax developments is no longer optional for businesses operating across borders.
Key developments shaping the landscape:
Australia’s Pillar Two rules implement a 15 per cent global minimum tax for large MNEs from income years starting 1 January 2024. Businesses in scope face new ATO filing obligations and potential top‑up tax payments, with first filing due on 30 June 2026. Early planning ensures you can manage both compliance and cash flow impacts. Read more
Effective 1 July 2024, the DDCR permanently deny interest deductions for certain related‑party debt, with no transitional relief. For companies with cross-border financing, this means reviewing structures and preparing for new 2025 disclosure obligations. Read more
From 1 July 2024, Australia’s public CbCR regime requires large multinationals to disclose jurisdiction‑level tax and financial data, with first reports due June 2026. The move to public transparency adds both new compliance, commercial and reputational considerations to international operations. Read more
The PepsiCo case showed that genuine goods‑only supply arrangements are less likely to be recharacterised as embedded royalties, reducing exposure to royalty withholding tax and Diverted Profits Tax. Read more
Your guide to navigating change
Our latest Australian International Tax Newsletter brings together the key developments, practical insights, and emerging risks from 2025 – helping businesses make informed decisions across borders.
Understanding how recent international tax changes affect your operations will help you manage risk, optimise structures, and seize growth opportunities. Reach out to our experts for tailored guidance to turn complexity into strategic advantage.
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