• Business decisions for growth are rarely black and white

    Dynamic organisations know they need to apply both reason and instinct to decision making. Learn more from your local Grant Thornton office.

    Learn more
  • Business decisions for growth are rarely black and white

    Business decisions for growth are rarely black and white

    Dynamic organisations know they need to apply both reason and instinct to decision making. Learn more from your local Grant Thornton office.

    Learn more
  • Business decisions for growth are rarely black and white

    Business decisions for growth are rarely black and white

    Dynamic organisations know they need to apply both reason and instinct to decision making. Learn more from your local Grant Thornton office.

    Learn more
  • Business decisions for growth are rarely black and white

    Business decisions for growth are rarely black and white

    Dynamic organisations know they need to apply both reason and instinct to decision making. Learn more from your local Grant Thornton office.

    Learn more

Press room

16 July 2014
Pioneer charities reap rewards of social media governance
Charities require a significant increase of board level understanding of social media, in order to govern the opportunities and risks, and achieve the best outcome for charity funding and strategic goals.

18 June 2014
Food & beverage sector relishes ripe acquisition opportunities
Now is the time for mid-sized food and beverage businesses to formulate growth plans or exit strategies, in order to maximise the benefit of the increasing number of acquisition and divestment opportunities available in the sector. 

13 May 2014
Fine line in downsizing achieving public sector productivity gains
A delicate balancing act will determine Government success in achieving public sector productivity gains following the announcement that the Government will reduce the size of the public sector through the abolishment and consolidation of agencies and a reduction of 16,500 public servants over three years

13 May 2014
Save now, benefit in the future
The Coalition’s 2014 Budget announcement is based on the premise that if we need to take our medicine now it will ensure Australia is best positioned to address future health needs.

13 May 2014
Changes to the R&D tax offset do not encourage growth
The announcement that the Government will reduce the Research & Development (R&D) tax offset by 1.5% in line with the reduction in the corporate tax rate was one of the surprises of the Coalition Government’s first budget. This will not be welcomed by mid-sized businesses and will not encourage the growth the Government is seeking.

13 May 2014
Government announces $11.6 bn infrastructure investment to build our nation
The Government continues to focus on long term growth and “nation building” through the contribution of $11.6 billion through its “Our Growth Package” announced in the Federal Budget tonight. This package, which now increases the Government’s commitment to infrastructure spending over the next decade to $50 billion, is forecast to stimulate investment of up to an additional $125 billion in the sector by the end of the decade.

13 May 2014
The Sweet and Sour for the Life Sciences Industry
Celebrating the boost from the Government’s commitment to the $20 billion Medical Research Future Fund (MRFF), life sciences are cautiously optimistic following not so favourable tax reforms.

13 May 2014
GST reform left out in the cold on budget night
Is the silence in tonight�s Federal Budget on either the base or rate of GST a mechanism to push the State and Territory governments to the bargaining table on GST reform?

13 May 2014
Affordable Housing backbenched
The development sector took a hit to affordable housing in the 2014 Budget, with the announcement that the Government will not proceed with the final round of the National Rental Affordability Scheme (NRAS) and scrap the First Home Saver Accounts Scheme.

13 May 2014
Industries of the future given the slip as Federal budget overlooks the ICT sector
Australian innovators can be expected to continue to look offshore for commercial opportunities to realise their full potential.

13 May 2014
Manufacturers suffer structural imbalances inhibiting long-term growth
Australian manufacturers� diminished capacity to invest in capital and innovation will severely impede the industry�s ability to revive itself to a position as a strong contributor to Australian GDP.

13 May 2014
R&D Rate Reduction will hurt vital product development in F&B sector
The announcement that the Government will reduce the research and development (R&D) rate by 1.5% will further stifle product innovation in the food and beverage sector.

13 May 2014
Talk of a budget emergency won�t boost consumer confidence
The announcements made by the Federal Treasurer this evening are unlikely to have a positive impact on consumer confidence. Initiatives that reduce disposable income, such as the "Budget Repair Levy" won't be welcomed by the retail sector. Overall it's a tough budget, but unlikely to significantly negatively impact business.

Latest submissions

Not-for-profit
03/05/2013 - Submission - The Treasury – A Statutory Definition of Charity
26/04/2013 - Submission - Australian Charities and Not-for-profits Commission – 2014 Annual Information Statement (AIS)

AASB - Australian Accounting Standards Board

AASB - Australian Accounting Standards Board
26/06/2013 - Exposure Draft ED 238 Consolidated Financial Statements – Australian Implementation Guidance for Not-for-Profit Entities
28/03/2013 - Exposure Draft ED 233 – Australian Additional Disclosures – Investment Entities (proposed amendments to AASB 1054)
25/03/2013 - Exposure Draft ED 234 – ED/2012/7 Acquisition of an Interest in a Joint Operation (proposed amendment to AASB 11) - December 2012 - Open for Comment
25/03/2013 - Exposure Draft ED 232 – ED/2012/6 - Sale or Contribution of Assets between an Investor and its Associate or Joint Venture (proposed amendments to AASB 10 and AASB 128)

AUASB - Australian Auditing & Assurance Standards Board
04/04/2014 - IAASB Strategy 2015 - 2019 - Comment letter
03/02/2014 - ASAE 3000 to AUASB
22/11/2013 - GTIL IAASB Comment Letter - Auditor's Report

The Treasury
15/03/2013 - Exposure draft – Corporations Legislation Amendment (Remuneration Disclosures and Other Measures) Bill 2012

Chartered Accountants and Business Advisory

Grant Thornton is one of the world's leading organisations of independent assurance, tax and advisory firms. These firms help dynamic organisations unlock their potential for growth by providing meaningful, forward looking advice. Grant Thornton Australia has more than 1,040 people working in offices in Adelaide, Brisbane, Cairns, Melbourne, Perth and Sydney. We combine service breadth, depth of expertise and industry insight with an approachable 'client first' mindset and a broad commercial perspective.

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