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 1,200 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.
A once in a lifetime budget
The Government has delivered a once in a lifetime Federal Budget in response to COVID-19. We saw a significant change in direction from policy makers with a new and renewed focus on sovereign capability and job creation. We invited Phil Coorey, Political Editor at the Australian Financial Review, to share his insights on how the Government has responded throughout COVID. From his privileged position in the heart of Canberra, Phil gives us a sneak peek into the thought processes and policy from Canberra – now and into future. Vince Tropiano, Corporate Tax Partner reflects on what these initiatives really mean for our clients in the mid-sized business space. A key question we ask is what the ‘big kahuna’ Federal Budget in May 2021 may offer businesses before the next Federal Election – which could be as early as October next year, but certainly by early 2022.
The changing shape of retail
COVID-19 has changed the way we shop – perhaps forever. There is no retailer unaffected. But while many in the industry are experiencing hardships they might never bounce back from, it’s not all doom and gloom. Retailers and consumers alike are changing the way they interact and operate. The tenancy mix has changed. We’ve seen a surge to online, and retailers meeting the demand by investing in their online operations. We’ve seen digital innovations adopted at lightning speed. And we’ve witnessed a more health and value conscious consumer, voting with their feet if their expectations aren’t met. The next time you head down to local shopping centre, it might not look exactly like you remember it.
In this podcast, Luke Ritchie, National Head of Retail and Consumer Products at Grant Thornton, highlights how retailers are adapting their services, what the shopping centre of the future looks like and the intersection of the digital and in-person shopping experience.
A green-led COVID recovery: Australia’s energy week
Last week was “energy week” – with a number of policy announcements from the Federal Government, and yesterday’s launch of the Low Emissions Statement signalling the prioritisation of hydrogen storage, low carbon manufacturing and carbon capture on our transition away from coal and towards a more renewable future. The Government is pouring funding into stockpiling fuel, committing to invest in dispatchable energy, and expanding the remit of the Clean Energy Finance Corporation and the Australian Renewable Energy Agency. Investment is one thing, bringing national consistency to energy policy is another. However, get the structure right and investment in energy will mean investment in clean energy technologies that can support a strong economic recovery.
In our podcast, Jannaya James, specialist in Renewable Energy at Grant Thornton, discusses the importance of funding emerging clean technologies, whether gas is the right transitional decision, and the road to hydrogen.
AASB16 Leasing Standard and the Health and Aged Care sector
Did you know AASB 16 Leases has a unique impact on the aged care industry? Hayden Fisk, Senior Manager, Audit & Assurance in our Melbourne office reveals how the new leasing Standard interacts with Refundable Accommodation Deposits.
ASX listings to pick up in the run up to Christmas
When COVID-19 hit, new listings on the stock market took a dive. And while Australia is technically in a recession, we’re starting to see more companies looking to list on the ASX in the run up to Christmas. It might seem counterintuitive, but changing markets and consumer habits has fast tracked some companies on their path to IPO as much as it has stalled others.
We talk to Neil Cooke and Jonathan Mather, Financial Advisory partners specialising in IPOs, about which companies are listing during a global pandemic, how the ASX is pitching itself as a global source of capital, and what the ASX of the future could look like.
Brave new world: new expectations of business in a COVID-Safe environment
The impacts of COVID-19 will continue to be massive on businesses and individuals alike. If what is happening in Melbourne is any indicator, then we can’t wait for COVID to pass – we have to learn to live with it. We ask Dr Ian Norton, Founder and Managing Director of Respond Global to apply his experience as a former World Health Organisation emergency physician to the current COVID pandemic, while our CEO, Greg Keith tackles how businesses – us included – have approached the new normal. So what does COVID Safe really look like? How do you know if you’re responding appropriately? And which of the COVID safe changes are temporary, and what will remain?
Customer ReviewsSee All
Actually so surprised, very knowledgeable guest with useful information. Production quality (sound production) could be better.