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The long-standing and close bilateral relationship between Australia and Singapore is built on mutual trust, respect and shared strategic outlook. Singapore is Australia’s largest two-way trading partner in Southeast Asia and the fifth largest source of foreign direct investment.
Singaporean investment in Australia has traditionally been more focused on real estate but has become more diversified in recent years. Building on the strong trade and business ties between Australia and Singapore, there are significant opportunities for Singaporean companies to expand into Australia.
Our Asia team works alongside Singaporean companies, and collaboratively with our Grant Thornton Singapore office, to achieve growth through investment and market expansion into Australia. This support ranges from new entrants at the very beginning of their Australian growth journey to helping existing investors expand their market footprint or diversify their portfolios.
By engaging our team, clients are given access to our full breadth of tax, accounting and advisory expertise in Australia and Grant Thornton’s global and regional network.
Whether you’re opening a business for the first time or looking to expand, Australia is one of the most attractive business locations in the world with a relatively deregulated and open economy.
Treasury is taking steps to ensure fairer tax treatment for foreign resident investors by tightening Australia's foreign resident Capital Gains Tax (CGT) regime. Proposed changes aim to broaden the CGT base and enhance integrity, impacting infrastructure, energy, agriculture, and more.
Following the recent removal of tariffs on Australian wine by China, the industry is keen to rebuild relations and explore the right export markets. This presents Australian wine producers with a chance to reassess their position in the global market.
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