News Articles for KPMG

Hastings Technology Metals has secured a letter of support for up to $100 million in government funding to develop its proposed Yangibana rare earths project.

A joint venture between Tianqi Lithium and IGO has acquired an early-stage growth opportunity by striking a deal to purchase ASX-listed explorer Essential Metals.

Documents filed as part of a restructure of Chevron's Australian operations have given a glimpse into the finances of the $13 billion-a-year oil and gas producer.

Staff recruitment, digital transformation and cyber security were among Australian business executives' main concerns for 2023.

More than three quarters of the world's biggest miners have pledged net zero, but a lack of clear reporting guidelines and the right leaders to hit their targets are areas of concern.

The buoyant WA economy is creating plenty of opportunities for accounting firms, but their growth has been highly varied.

The commercial side of life sciences may have reached a critical mass in WA.

Ecocene blends a traditional environmental consultancy with new technology.

Sev.en Global Investments has bought the Lake Way project from the wreckage of Salt Lake Potash.

The liquidators of Brierty have been given the all-clear to pursue $8.7 million in alleged preferential payments made before the contractor's 2017 collapse.

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.

Wesfarmers boss Rob Scott and FMG founder Andrew Forrest are likely to be the only Perth-based business leaders at next week's jobs summit in Canberra, with Meg O'Neill a conspicuous absentee.

The family behind food producer Mrs Mac's is lying low amid rumours about the future of the business, after the pandemic took its toll on the company's bottom line.

The state government has awarded KPMG a $500,000 contract to investigate a faster rail service between Perth and Bunbury.

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.

An in-depth study profiling indigenous employment practices in Australia has thrown down a challenge.

Consumer confidence has barely moved in response to the federal election result, which has seen Labor secure sufficient seats to run a majority government.

A new study has highlighted the lack of progress in closing the ‘indigenous employment gap' in Australia and the near complete absence of indigenous people from senior management.

Environmental risk has emerged as the leading area of concern for global miners according to a new KPMG report, while the war for talent intensifies.

An Australian company commercialising revolutionary gold testing technology has lodged a prospectus for what is shaping up to be the largest initial public offering of the year.

The apartment developer says it has a comprehensively new plan for the site that sent an M/Group subsidiary into administration.

Unsecured creditors of Avid Resources are likely to receive nothing, but liquidators have said they will consider an insolvent trading claim.

Alinta Energy believes it can cut small business power costs by up to 12.5 per cent if competition is expanded in the state's electricity market.

Western Areas and its independent expert are reviewing terms for a planned takeover from IGO in light of volatile nickel pricing.

Preserving the state's mineral wealth will be of paramount importance in the months ahead.

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

AvidSys Group's engineering subsidiary, which comprises three businesses formerly part of RCR Tomlinson, has laid off more than 100 employees after falling into administration.

Receivers have been appointed to Salt Lake Potash after the embattled business was unable to repay creditors and raise further funds needed for its Lake Way project in the Goldfields.

Global law firm Clifford Chance is relocating to ground floor offices at 235 Saint George's Terrace from its current offices at number 190.

University students are looking for better value for money from their tertiary experience.

KPMG has been fined, disciplined more than 1,000 staff and cut the pay of 16 partners after it found staff shared the answers for internal tests.

Private equity group Five V Capital has made its second WA-focused investment this year, becoming a shareholder in share registry Automic Group.

Two reports this week have highlighted concerns that commodity prices have peaked, with UBS saying iron ore is approaching an inflection point and set to fall sharply.

Preventing workplace sexual harassment requires action from leadership.

The man at the centre of a $126 million alleged betting scandal has been placed in bankruptcy by the Federal Court, forced to represent himself amid what he described as a “media frenzy”.

Updated: The Department of Finance has confirmed it will audit potential underpayments to federal political staffers, revealed by Business News late on Wednesday afternoon.

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.

In the last chapter of the Business News' Great for the State series, leaders from energy, mining, the arts and sport shared their insights on shaping the state's future.

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.