News Articles for Deloitte

Australia's economy will be affected by slower global growth in the next two years, a leading economic forecaster predicts.

A Chinese banking crisis that leads to a significant economic downturn might considerably delay Fremantle harbour reaching its container capacity, while other scenarios might accelerate traffic, according to previously unpublished economic modelling by Deloitte.

Fremantle's port has room to grow container trade, possibly for three decades, according to a new report by the state government's Westport taskforce, but freight infrastructure improvements are needed in the short term at Fremantle, Bunbury and Kwinana.

SPECIAL REPORT: Gold Corporation, Alcoa, Roy Hill and Chevron have all posted higher revenue numbers in Business News' annual analysis of WA's biggest exporters.

SPECIAL REPORT: Accounting firms in WA, from mid-tier players to the 'big four', are positioning to benefit from stronger economic and commercial activity.

SPECIAL REPORT: Business News has been tracking changes among WA's accounting firms for 25 years, including seminal events like the collapse of Andersen and the break-up of the old PKF practice.

SPECIAL REPORT: Gender equity is a key goal for major accounting firms but their track record is varied, especially in WA.

The state government has contracted Deloitte and AECOM to undertake studies on shipping volumes and traffic flows that will be pivotal to its Westport outer harbour project.

Directors of junior miner Kangaroo Resources has given a tick to a bid from Indonesian coal miner PT Bayan which values the company at $515 million.

Deloitte has won a state government contract to prepare a business case for the Morley to Ellenbrook rail line, to be undertaken in parallel with another study looking at route options.

Professional services company Deloitte has recorded a 15 per cent rise in national revenue for the 2018 financial year, including improved activity in Western Australia after four tough years.

A public independent school in Armadale has become the first school in the state to trial a program that partners industry with education to encourage greater adoption of science, technology, engineering and maths subjects (Stem).

Boston leaves arts chamber:

Perth investor Andrew Hopkins' planned $508 million buyout of national panel beating business AMA Group has been cancelled after the group failed to get an expected ruling from the Australian Taxation Office.

Allen & Overy has promoted David Jenaway to partner in its Perth litigation team. Dr Jenaway joined A&O in 2014 as a senior associate, after six years with Herbert Smith Freehills.

Perth-based Andrew Hopkins has led a $508 million buyout of national panel beating business AMA Group, with the deal backed by private equity giant Blackstone.

Western Australia's economic upturn is gathering momentum, according to the latest report from Deloitte, with business investment beginning to recover and exports continuing to perform.

The corporate watchdog has submitted an application to the Takeovers Panel asking it to block certain shareholders of Finders Resources from accepting an offer for their shares.

Indonesian group Eastern Field has taken control of Finders Resources, five months after announcing its takeover deal, which values the copper miner at about $177 million.

The Takeovers Panel has dismissed an application from Indonesian group Eastern Field Developments regarding its takeover target Finders Resources, with the panel determining that appropriate action has been taken by the company in relation to its Wetar project.

SPECIAL REPORT: Hundreds of oil and gas fields to be decommissioned in the next decade across the Asia-Pacific region will create billions of dollars of opportunities for contractors, with a number of initiatives already under way.

Perth-based company Superfunded has been placed into liquidation after the Federal Court made orders to wind-up the business following an application by the corporate watchdog.

Indonesian group Eastern Field Developments has increased its stake in Finders Resources as the major shareholder pursues a hostile takeover of the copper miner valued at around $177 million.

Finders Resources' largest shareholder, Eastern Field Developments, which is currently making a hostile takeover bid for the copper miner, has submitted an application to the Takeovers Panel requesting the company disclose details regarding its Wetar project and revise the independent expert report.

The state government's chief information officer Giles Nunis is moving to the private sector after a recent review recommended sweeping changes to his office, which was established under the Barnett government.

Finders Resources' major shareholder, Eastern Field Developments, has changed its hostile takeover bid for the copper miner to 'unconditional' status, with the Indonesian consortium continuing to raise concerns about the company's Wetar project.

Strategen Environmental has appointed Kane Moyle senior principal. He will lead the mining, audit, government approvals and strategy team.

Backed by South32 and Deloitte, brightly coloured sculptures of dolphins have begun cropping up across the streets of Perth as part of a public art exhibition for mental health.

Indonesian group Eastern Field Developments has extended the offer period for its hostile 23-cents-a-share bid for Finders Resources, while also raising a number of concerns with the copper miner's supplementary target statement.

Western Australia's economy is one year away from a return to normality, according to consultancy firm Deloitte Access Economics, with consumer confidence, exports and dwelling approvals data all pointing towards an upswing.

Finders Resources has urged its shareholders to reject a takeover bid from Indonesian group Eastern Field Developments after independent expert Deloitte valued the copper miner well above the 23 cents offer price, despite Finders' share price continuing to hover near that mark.

Oroton stores will operate as usual after the 79-year-old Australian luxury handbag retailer collapsed into voluntary administration.

Halom Investments has asked the Takeovers Panel to revise MMA Offshore's planned $97 million capital raising, claiming the deal is designed to entrench the control held by the incumbent board.

Western Australia's three largest dairy producers are now under foreign ownership, after Brownes was sold to a consortium of investors that includes Chinese dairy operator Shanghai Ground Food.

The independent directors of Finders Resources have questioned some of the claims and assumptions used by Indonesian group Eastern Field Developments, which has announced a takeover offer for the West Perth company.

Holyoake has developed into an NFP with international reach and self-sustaining social enterprises, and Angie Paskevicius has played a major role.

Local energy producer Empire Oil & Gas has entered voluntary administration today, two weeks after receivers took control of subsidiary Empire Oil, which operates the company's key Perth Basin assets.

Oil and gas software developer Stochastic Simulation has gone into liquidation, about five months after it went into receivership, with secured creditors likely to receive about 4 cents in the dollar in a best-case scenario.

Updated: Empire Oil & Gas has appointed voluntary administrators to its wholly-owned Empire Oil subsidiary, which controls its core Red Gully assets.

SPECIAL REPORT: Businesses in WA are working towards workplace culture and leadership styles that drive employee wellbeing and productivity.