News Articles for Deloitte

This week's appointments include Robert Shaw, Jacinda Papps, Andrew Wallis, Bill Johnston and more.

There's a talent crisis for professional services firms during a period of economic strength and a rising regulatory tsunami in WA.

The Conservation Council of Western Australia has slammed the state government following the leak of a report which warned new gas investment could slow the energy transition.

Several groups are concerned after reports found a decline in the number of international students.

Defence and gold drove the growth in value of Western Australia's listed companies last financial year, fueled geopolitical uncertainty and economic instability.

Australian shoe brand Wittner has changed hands after private retailer The Shoe Group acquired majority of the business, which was under administration.

The Reserve Bank of Australia has kept the cash rate unchanged at 3.85 per cent, shocking markets which predicted a 90 per cent chance of a 25 basis point cut.

Century-old Australian shoe brand Wittner is set to be sold to a national shoe retailer after it buckled to rising costs and called in administrators earlier this year.

A Deloitte report shows Perth's A-class reserves have collectively contributed $1.7 billion to the Western Australian community.

Professional services firms are going all in on a new kind of AI in an effort to revolutionise the way we work.

Employees from Shell, Chevron, Deloitte and Western Power will be playing at Amplifier Bar to raise funds for Perth Children's Hospital Foundation.

WA's strategic partnerships in the Asia-Pacific put the state in a strong position to drive the development of carbon-capture projects.

A third of this year's winners were WA companies, making it the state's best showing since the program began in 2019.

New figures released by the Australian Bureau of Statistics show Australia has passed the lowest point of its economic cycle, according to Deloitte.

The Reserve Bank of Australia has cut the cash rate for the first time since November 2020, but governor Michele Bullock has warned the inflation fight isn't over.

The Reserve Bank of Australia has held the cash rate steady at 4.35 per cent as expected but economists have noted a shift in the board's tone.

Mining, government and supermarkets continue to dominate WA's jobs figures despite upheaval in some sectors.

Economic challenges have dominated discussion in a hydrogen sector where driving ideology and market need are yet to align.

WA generally outperformed national office numbers for the big four accounting firms, while mid-tier players bolstered their presence in the state.

BGC Australia has returned to the black after two years of big losses, helped by major asset sales, but acknowledged its continuing operations are still trading in the red.

PwC Australia has reported a sharp decline in annual revenue and staff numbers and a second big fall in partner income after a period of major restructuring.

Switching energy or mortgage providers could soon be as easy as ordering a rideshare, thanks to recent reforms to federal Consumer Data Right legislation.

The country's economy only grew by 0.2 per cent in the recent quarter or 1.5 per cent annually, which the ABS found to be the weakest yearly growth since the 1990s.

WA Institute of Sport chief executive officer Matt Fulton has praised the state government for listening and backing its vision for the future.

KPMG says a 3.9 per cent decline in revenue was largely due to poor conditions in its consultancy business, as it revealed a drop of more than 570 jobs during FY24.

The combined value of Western Australia's listed companies fell to $349.7 billion last financial year, propped up by the resurgent performance of the state's gold sector.

The country's annual inflation rate has increased to 3.8 per cent, up from the 3.6 per cent recorded in the previous quarter, recent Australian Bureau of Statistics data shows.

Deloitte Australia has posted a 2.4 per cent revenue decline and revealed 700 job losses - but the WA arm of the business has bucked the trend with an 18 per cent uptick in revenue.

The Reserve Bank of Australia has again held the country's cash rate steady at 4.35 per cent, meeting economists' expectations.

The Federal Court of Australia has dismissed Bluewaters Power's bid for an inquiry into the alleged misconduct of Griffin Coal's receivers despite finding an element of mistrust between the parties.

A new Deloitte report has highlighted Australia's “she'll be right” attitude towards generative AI risks the nation falling behind our neighbours in the Asia-Pacific region.

Generative AI is being used in the mining sector to simulate realistic training and identify hazards.

The Reserve Bank of Australia continues to hold the cash rate steady at 4.35 per cent at its third board meeting of the year.

Accounting firm Deloitte Australia has made a “small number of redundancies” across its national practice in response to challenging market and economic conditions.

Our weekly appointments wrap includes Carl Parlongo, Marius van der Merwe, Riaan Piek, Alexandra Turner, Steve Harris, Nick Yeo, Ashlee Harrison and Lee Schofield.

The nation's economy grew 0.2 per cent in the December quarter but the country's annual GDP rose at the slowest rate since the pandemic, according to recent ABS data.

The Workforce Gender Equality Agency has published gender pay gap data on more than 400 WA private sector companies, shedding a light on remuneration disparities.

Inflation continues to fall with the Australian Bureau of Statistics recording a 4.1 per cent rate nationally and 3.6 per cent in Perth for the past year.

WA Labor raised more than $6.7 million last financial year across the board, almost $2 million more than the Liberal Party's state division.

Medical research could be worth more than $2.1 billion per year to the WA economy by 2045, according to fresh research crunching the industry's numbers for the first time.