Agribusiness, food & beverage Home
Bite Size Dealtracker
Food, Beverage & Agribusiness industry insights
Key insights for the Australian Food, Beverage & Agribusiness industry.
Consumer products & retail Home
GNC Group Consulting
The Technology Trap: Online innovation in retail
I recently attended the NRF Retail Big Show in New York, an overwhelming smorgasbord of retail technology and new store concepts.
Royal Commission wrap up
Top 10 things for Financial Services providers
Eleven months on from the first round of hearings for the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry, Commissioner Hayne’s final report has been released.
Health & aged care Home
Aged Care Royal Commission
Setting the tone for the Aged Care Royal Commission
Last week’s hearings for the Royal Commission into Aged Care Quality and Safety, introduced the leaders of some of Australia’s peak bodies, unions, consumer organisations and the Secretary to the Department, Glenys Beauchamp. In all 26 witnesses were called.
Life sciences Home
Biotechnology Industry Position survey
Australia's biotechnology industry drives economic growth
The 2019 Biotechnology Industry Position survey conducted by Ausbiotech and supported by Grant Thornton has revealed that new technologies across regenerative medicine and medicinal cannabis are disrupting the industry, and Australia's global strength in clinical trials continues to drive contributions to the economic and social fabric of the country.
Manufacturing Home
mid-sized business report
Manufacturing is critical to our economy – how can we support the sector?
Although the knock-on effects of the Australian automotive industry exiting our country are yet to be fully understood, the industry is evolving, and manufacturing continues to be a major employer and critical to our overall economy.
Not for Profit Home
NATIONAL OUTCOMES MEASUREMENT PROGRAM
A practical framework
Royal Commissions and federal budgets are critical things for Nonprofit human service providers to be thinking about at this point in time.
Real estate & construction Home
mid-sized business report
Supporting affordable housing requires planning, certainty – and tax reform
There is a lot of noise around the property sector at the moment – and it’s not all positive. Prices are down – but this shouldn’t be a surprise when some markets (namely Sydney & Melbourne) saw unprecedented hikes in recent years.
Scaling-up for Growth
From start-up to scale-up
Navigating the complexities of growth and maintaining previous success is a challenge for all mid-size businesses.
The overlooked opportunity in Australia’s mid-sized businesses
There is an overlooked economic opportunity in Australia’s mid-sized businesses – with the right incentives and tax policies in place, they can grow in size, scale and reach. They can employ more people, collaborate with other Australian businesses, and better contribute to Australia’s bottom line.
Now is the time to look at different ways of incentivising Australian business. Our national economy is sluggish. We’ve had two successive quarters of negative growth per capita. Consumer spending is down. The housing market is trending down. The economy needs a kick-start.
Who are the mid-sized businesses?
By mid-sized business we mean Australian businesses with annual sales revenues (turnover) in the range of $50m to $500m.
Would a boost to mid-sized business have an impact?
We’ve asked Economist, Neville Norman, from the University of Melbourne and Cambridge University to look at how a 10% increase in revenue would articulate itself in one and five years in terms of profit and tax revenue, particularly in lieu of the corporate tax cuts that failed to pass last year.
The short answer is yes – for our simulated mid-size company with revenue of $100m – a 10% boost would result in an increase of 35% in company cash flow over five full years, with $26.7m (an increase of 25%) in company tax payable over the same period.
Every industry has their own unique drivers of growth
Our leaders have provided three key recommendations to help achieve the kinds of gains we know are possible with investment and support for mid-size businesses across 11 different sectors.
We need public investment in Australia’s approximately 877,500km of transmission and distribution lines to support the energy network of the future. Incentives are required for the life sciences sector to not only conduct research in Australia, but to also commercialise and manufacture here. Our food and beverage sector are waiting on infrastructure projects like Inland Rail to open up more of Australia for the produce.
Click through to our media release here.
Financial Services
The Financial Services sector will look significantly different in 10 years’ time
Read more
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