News Articles for Deloitte

Startups will have access to reams of information on early-stage innovation courtesy of a European database paid for by the state government's new industry fund.

The leaders of global accounting firm EY have decided to hold a vote on their planned split into stand-alone audit and consulting businesses, each with revenue of about $US20 billion.

Creditors of Griffin Coal are no closer to an insolvency appointment, as the clock runs down on customer Bluewaters' rights to step in and run the miner.

Griffin Coal has delayed a control bid by power generator Bluewaters after a mystery creditor emerged with a rival plan, amid revelations the miner's debts could be close to $US1 billion.

Aqura Technologies was crowned best tech company while VentureX HQ co-founder Sheryl Frame received the Achiever of the Year title at the 2022 Incite Awards on Friday night.

When administrators from Deloitte walked into the West Perth offices of WBHO Infrastructure in February, they knew speed would be critical to rescuing the business.

Budget: Mark McGowan wants the federal government to extend a COVID-19 health funding deal; cost of living relief praised; Deloitte says budget “short termism to the extreme”.

Creditors to WBHO Infrastructure have approved a deal to sell the business to SRG Global.

A dispute with Mondium, a $202 million loss on a Melbourne road project, and an overrun at Stockyard Hill Windfarm helped sink WBHO Infrastructure, with unsecured creditors set to get $11.7 million.

Creditors of WBHO Infrastructure will decide next week if they accept a bid by SRG Global to buy the collapsed company, with administrators warning the alternative is liquidation.

Multiplex heir Andrew Roberts' construction company Roberts Co is set to expand its operations after offering to take over most of the Victorian-based assets of its embattled rival Probuild.

The corporate watchdog has taken to the Federal Court in a bid to appoint provisional liquidators to Applecross-based Ascent Investment just months after having its assets frozen.

About $14 million is owed to Probuild employees, while Main Roads is among those grappling with potential project delays.

Administrators were appointed to 18 WBHO Australia entities overnight, including West Perth-based WBHO Infrastructure, and Probuild, which could be expected to owe at least $250 million.

The Department of Health is stepping up its investment in human resources management, awarding two contracts worth a combined $220 million to Deloitte and SAP Australia.

Our weekly appointments wrap includes Anthea McKinnell, Ryan Taaffe, Matthew Howard, Valerie French, Clare Thompson, Adam Levine, Kellie Properjohn, Hayden Groves, Damian Collins, Pauline White, Emma Jack, Prue Campbell, Gemma McGrath and Susan Downes.

Rising consumer spending has helped Western Australia's domestic economy grow 0.6 per cent in the September quarter, while the national economy shrank 1.8 per cent.

Two recent acquisitions have helped Deloitte extend its lead as WA's largest accounting and consulting firm.

Ramelius Resources is on track to complete a $180 million takeover of Apollo Consolidated, having acquired more than half of the explorer's issued capital.

Apollo Consolidated shares ascended after receiving an off-market takeover offer from WA gold player Ramelius Resources as the company ramps up pursuits for feasible gold assets.

About one third of West Australian workers will need to be vaccinated to comply with government directives and the number is set to grow as private businesses follow suit.

Retail spending will drop 1.4 per cent in WA in the financial year ahead, Deloitte expects.

Sport could play a role in hastening moves towards hitting broader gender equality targets.

Pindan's Singaporean owner wrote a letter to the group last year confirming it would support all Pindan companies to remain solvent until at least October 2021.

Consulting firm Deloitte has been selected to lead the proof-of-concept testing for what is likely to be one of the state government's largest IT projects.

KPMG has selected its global head of mining Trevor Hart to chair its WA practice, with Matthew Woods stepping down from the role after just over two years.

Scott Morrison has talked up the recovery in employment, which has seen the unemployment rate shrink to 5.8 per cent, while WA's rate was 6 per cent.

Retail spending could grow 10.6 per cent this financial year in Western Australia, Deloitte forecasts, nearly double the national rate.

Decisions on two big gas projects are due, $12 billion of chemical projects are under consideration, and a decommissioning timebomb awaits.

Josh Frydenberg says economic indicators are all pointing in one direction and to an Australian economy that is bouncing back strongly.

The state government has hailed the findings of new research from Deloitte Access Economics purporting to show Ningaloo Coast as an economic powerhouse of northern WA.

Resources Minister Keith Pitt has ruled out slapping tariffs on Australian iron ore exports to China as a trade war worsens by the day.

InteliCare has joined the winners list in this year's Deloitte Technology Fast 50 Rising Star Awards. The coveted program is in its 20th year and looks to rank Australia's fastest-growing public or private technology companies, providing international recognition for local innovation. InteliCare is successfully harnessing artificial intelligence to provide smart home monitoring solutions to help care for the elderly and disabled people.

Household spending rocketed up 11.7 per cent in WA in the September quarter, while national GDP grew 3.3 per cent.

Perth's major accounting firms have about 70 per cent of their staff back in the office after COVID, but lots of variation sits behind that number.

Staff numbers at WA's accounting firms have experienced their largest fall in more than 20 years, though the change was highly variable.

National stockbroking firm Ord Minnett has finalised an agreement to buy competitor EL&C Baillieu, which was put up for sale in June this year.

Australia could lose $3 trillion and 880,000 jobs over the next 50 years if climate change is not addressed, according to a report by Deloitte.

Sustainability and social responsibility were on the agenda at Diggers & Dealers.

Retailer Colette by Colette Hayman will keep only a third of its Australian and New Zealand stores open after securing a new owner.