News Articles for KPMG

KPMG insolvency practitioners have been called in to take control of 54 pharmacies operated by a major Priceline franchisee, including four stores in Western Australia.

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

Australia's unemployment rate has remained steady at 4.2 per cent in August, despite population still climbing at double the pre-pandemic average rate.

Perth has recorded the strongest growth in births of any Australian capital as affordability and lifestyle concerns drive families west.

Financial risk has climbed to the top of KPMG's annual survey of the factors worrying Australian mining company bosses, as inflationary pressures and financing challenges bite.

Growth in Perth's younger adult population last year bodes well for the city's economic growth in the year ahead, according to recent analysis from KPMG.

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

Former NT chief minister Michael Gunner brings plenty of experience to a new role as KPMG partner in WA.

Fashion retailer Mosaic Brands Group will close 160 of its stores by next month, cutting almost 500 jobs across the country.

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

Realtek has filed a motion in the Federal Court to recover a $2.5 million loan from a Perth hearing tech company once celebrated by Time Magazine, but now in administration.

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.

Consultancy giant KPMG has unveiled a new practice based in its Perth office, offering a dedicated Microsoft Dynamics 365 technology implementation practice.

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.

A Perth hearing tech company once touted by Time Magazine has fallen into administration after failing to nail down a deal with a major foreign semiconductor company.

KPMG Australia will undergo a restructure of its legal arm by axing its separate commercial law practice, announcing the move a month after flagging hundreds of job cuts.

Australia has set a stretch cyber security target, but local industry players are concerned about funds and a lack of clarity around messaging.

KPMG's Australian arm will shed around 200 staff from its consulting business as part of a comprehensive restructure, in a move expected to save it around $80 million a year.

The likely new owner of the Perth Wildcats is an Edith Cowan University graduate who started his working life at Telstra before building a global tech success story.

Some of Australia's largest companies will implement new Aboriginal heritage protection measures which would grant Traditional Owners powerful rights of consent over Country.

Climate change risks have overtaken concerns around commodity prices among top ASX-listed mining companies, according to a report by KPMG.

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.

The issue of cyber security has overtaken skills shortage as the number one business concern of hundreds of senior executives in a KPMG survey.

BCI Minerals has secured a syndicated facility agreement for its Mardie salt project near Karratha, with nearly $1 billion locked in for the under-construction asset.

Fallout from a tax scandal lingers over the top end of town as the skills shortage becomes endemic.

In this podcast: Mark Beyer and Mark Pownall discuss accounting action; WeWork; Qantas; exporters; hydrogen; coal; biofuels, and skills shortages.

Government-owned electricity network utility Western Power has expanded its board of directors by two, as it navigates the state's energy transition.

Peta Slocombe and Kaylene Gulich have been appointed to the board of the Western Australian Institute of Sport as the state government commences its review into the sporting body.

The state government has appointed KPMG to lead a review into the culture at the Western Australian Institute of Sport after the minister overhauled the organisation's board.

Kerry Stokes-backed BCI Minerals has secured an increased loan from a federal government agency for its $1.6 billion Mardie salt project as it continues negotiations with commercial lenders.

Consulting giant PwC has been suspended from two WA government procurement panels as fallout from its tax advice scandal continues but competitors KPMG and Deloitte face no such problems.

Receivers have been called in to manage struggling potash developer Kalium Lakes, which grappled with myriad technical and supply-related issues before running aground.

Speculation of a tie-up between two companies in an emerging lithium province scoped by Hancock Prospecting has surfaced after the pair entered a trading halt flagging a joint venture announcement.

A Senate inquiry will explore the interaction of consultants and government departments at a public hearing, as the PwC tax advice scandal continues.

PwC is under attack on multiple fronts with the federal government ordering consultants to stand down and tightening procurement rules after police launched a criminal probe.

Almost 80 per cent of mining executives believe the industry can meet growing demand for clean energy minerals, according to a recent global survey from KPMG.

Business leaders are becoming less worried about hiring and keeping workers as some wiggle room starts to appear in the labour market.

An insolvency specialist who previously managed the estate of Lang Hancock will take control of the bankrupt estate of Russell Moran, which include debts of more than $120 million.

Mineral Resources has taken up a substantial stake in ASX-listed Essential Metals, a lithium explorer currently in the crosshairs of Tianqi Lithium and IGO.

Our weekly appointments wrap includes David Edwards, Laura Benger, Simon Taylor, Nathan Charles, Mark Davies, Teck Lim, Dirk Adams, Josh Robertson, Ben Bradstreet, Chris Wyhoon, Nicole Batten and Debbie Gillam.