Grant Thornton Australia

The 2026–27 Federal Budget proposed a minimum 30 per cent tax on distributions from discretionary trusts from 1 July 2028. If introduced, this change is likely to prompt many families to restructure their trust arrangements, including transferring assets out of discretionary trusts into other entities, as the benefit of taxing at the beneficiaries individual marginal tax rate will no longer be a benefit. Read more: https://okt.to/BWdTm0 #stampduty #federalbudget

The EU–Australia Free Trade Agreement is reshaping trade between two major markets. Explore what businesses should be considering now as the agreement moves closer to implementation. https://okt.to/ByPWlK #FreeTradeAgreement #InternationalTrade #GlobalBusiness

From 1 January 2025, wage underpayments were officially a criminal offence under the Fair Work Act. That shift changes everything: 🔹 It’s no longer just a Payroll/HR responsibility 🔹 It’s now a Board-level risk 🔹 And accountability sits higher than ever before In the latest episode of Beyond the Numbers with Grant Thornton, we speak with Payroll Compliance experts Katherine Shamai and David Mintz to discuss the shifting payroll compliance landscape in Australia, understand how businesses should mitigate risk and the importance of proactive, continuous improvement in payroll processes. Listen in now: https://okt.to/0pfNOJ #beyondthenumbers #payroll #compliance

Poor financial oversight can quietly erode value, increase risk and expose businesses to costly consequences. Read more on why credible leadership in finance and tax matters: https://okt.to/NFomgi #FinancialLeadership #RiskManagement #BusinessGrowth

Procurement misconduct rarely presents as obvious risk, often appearing compliant on the surface until patterns in behaviour, relationships and spend reveal deeper issues driven by weak controls and undisclosed conflicts. Understanding these hidden signals is critical to protecting value and strengthening governance. Read more here: https://okt.to/qovf3z #RiskManagement #Governance #Forensics

Engaging someone as a contractor does not automatically remove superannuation obligations. Under the superannuation guarantee rules, the definition of “employee” is broader than many expect. Where an arrangement is wholly or principally for an individual’s labour, super can still apply – even if the individual invoices through an ABN. This is a common risk area in project-based industries like real estate and construction, where contractor models are widely used but not always reviewed against the extended definition. With Payday Super bringing reporting and payment closer to real time, these issues are more likely to be identified earlier. In this clip, Anika Reside and Kimberley Stefan unpack why contractors remain a key superannuation risk area and what to consider ahead of 1 July 2026. Watch the full conversation here: https://okt.to/N0KgsM #Paydaysuper #superannuation #ContractorRisk #realestate #construction

The 2026-27 Federal Budget introduces some of the most consequential tax changes in decades, with clear implications for private enterprise. While measures such as loss carry-back and the permanent instant asset write-off offer greater certainty and cashflow support, broader reforms to investment taxation and trust structures signal a tighter operating environment ahead. Private enterprises should be actively reviewing ownership structures, capital decisions and long-term planning. Read more: https://okt.to/o01Zym

Thank you to everyone who applied, met us on campus, joined our events or participated in assessment centres. We’ve loved connecting with so many talented students and hearing your stories. Additional opportunities will open later this year. If you're interested in exploring a remarkable start to your career journey at Grant Thornton, learn more: https://okt.to/OEZAc8 #earlyincareer #graduatejobs #professionalservices #gradopportunities

Proposed changes to Fringe Benefits Tax may significantly change how employee benefits are structured and delivered. Key proposals include: • Scaling back the current FBT concession for electric vehicles, reducing the benefit of salary‑packaged EVs • Removing salary packaging for laptops, mobile phones and other work‑related expenses, with employees relying on tax deductions instead • Potential flow‑on impacts for remuneration structures and employee take‑home pay With 2027 on the horizon, employers may need to reassess salary packaging and remuneration strategies sooner rather than later. Read our client alert to understand what’s proposed and what it could mean for your business: https://okt.to/07UplJ #FBT #SalaryPackaging #EmploymentTax

We are excited to share that Grant Thornton Australia has been recognised in the Australian Association of Graduate Employers (AAGE) 2026 Top Intern Programs – Large Program list. The AAGE’s Top Intern Programs list recognises the organisations which provide the most positive experience for their interns as determined by the interns themselves. Explore how you can build a remarkable career here: https://okt.to/4hi0jG #earlyincareer #graduatejobs #professionalservices #gradopportunities