View the media release archives for the last two years. Most recent media releases are listed at the top of the page.
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| Growth requires Deloitte to move to 550 Bourke Street |
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06 March 2008 |
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Exponential growth in recent years will require Deloitte to relocate its Victorian headquarters to one of Melbourne’s newest office towers, Cbus Property’s CBW development, from February 2009. The professional services firm will occupy the majority of the space at the 19-level tower at 550 Bourke Street. Due for completion in October 2008, the A Grade building is designed to achieve a 5-star Green Star and 4.5 Star Australian Building Greenhouse Rating. Since arriving at its current location, QV in Lonsdale Street in 2004, the Melbourne office of Deloitte has almost doubled in size from 787 to 1425 people. Deloitte... |
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| Changed tax structures in Germany offer opportunities for Australian property investors |
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05 March 2008 |
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Recently changed tax structures in Germany provide significant opportunities for healthy returns for Australian property investors, according to professional services firm, Deloitte. David Brown, Deloitte partner from the UK practice and currently seconded to the Australian firm, said the coming months provide some of the best value opportunities seen in Germany for years. “As the market environment has changed, tax strategy has also been evolving to deal with the changing tax regulations in Europe. The state of the market means that there are likely to be great value opportunities for superannuation and managed funds to invest... |
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| Telco networks underpin digital communication |
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04 March 2008 |
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March 4, 2008 In 2008, telco networks will underpin digital communication, the credit crunch will drive Asia-Pac acquisition of global telcos and the mobile GPS industry will undergo rapid transformation according to Ian McCall, lead Telecommunications Partner for Deloitte’s Technology, Media & Telecommunications industry group (TMT) following the release of Deloitte’s annual global report, Telecommunication Predictions –Trends 2008. Ian McCall comments, “Most of the contention in our previous telecommunication predictions has been around which protocols and technologies will set the scene for the foreseeable... |
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| Federal Court opens floodgates to $300m of GST refunds |
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29 February 2008 |
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The Federal Court decision yesterday in favour of car dealer KAP Motors Pty Ltd against the Tax Commissioner could mean the Tax Office has to pay up to $300 million in retrospective refunds. Deloitte Indirect Tax Leader Jon Graham said KAP Motors Pty Ltd had been successful in arguing that the Tax Office had to honour a GST refund in respect of ‘holdback’ payments received from their manufacturer. “All car dealers across Australia now have an opportunity to request similar GST refunds,” Mr Graham said. “The refunds are worth, on average, about $100 for every new car sold in Australia dating back to the introduction of the... |
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| Some industries to be hit hard by payroll tax harmonisation |
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29 February 2008 |
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The harmonisation of payroll tax between the Australian states is moving forward according to Deloitte Employment Taxes Partner, Frank Klasic, following the introduction of a new payroll tax Bill in Queensland this week. “Changes to payroll tax legislation will largely be welcomed by the business community, who often operate across state borders, but there is also a downside of the harmonisation,” Mr Klasic said. “The changes will lead to a significant increase in payroll tax liabilities for a number of employers, with some industries hit harder than others. “Industries that engage a large number of contractors, such as the... |
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| Deloitte appoints new leader for energy, infrastructure and resources group |
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28 February 2008 |
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Professional services firm, Deloitte, recently appointed Phil Hopwood as the new leader of the energy, infrastructure and resources (EIR) group in Australia. Mr Hopwood’s background is in consulting professional services, mostly in the resources and manufacturing space. His specialisation is in operational improvement, supply chain, large technology engagements and extracting value from IT. Based in Melbourne, Mr Hopwood has been with Deloitte for 12 years. Passionate about the resources sector, he believes there is room to develop Deloitte’s eminence in the industry. “Deloitte has a role in connecting the Australian... |
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| Technology to revolutionise low value transactions |
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28 February 2008 |
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The launch of Brisbane public transport’s ‘go card’ frequent user scheme across South East Queensland’s bus, rail and ferry services this week could herald the takeup of a revolutionary non-cash payment scheme in Australia, Deloitte partner and distribution channel expert Chris Wilson said. “Going ticketless is the way contactless payments technology started in Hong Kong, the UK, Japan, Singapore and the US,” he said. “For instance the Octopus stored value card has now more than 16 million users in Hong Kong, with close to 95% penetration of the 16-65 age group, generating 3.8 billion transactions per annum.” “Brisbane’s... |
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| Palandri Wine Group appoints Voluntary Administrators |
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27 February 2008 |
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Perth, 27th February, 2008: Neil Cussen, John Greig and Gary Doran from professional services firm Deloitte have been appointed as Voluntary Administrators of all the companies within the Palandri Wine Group (the Group). On the 15 February, the same Voluntary Administrators were appointed to Palandri Finance Pty Ltd. The purpose of the appointment is to provide a moratorium period to assess the viability of the business, to evaluate and if possible complete the refinancing proposals the Palandri directors have been pursuing and in the alternative explore all the other restructuring options for the Group. The... |
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| Current and future wealth leaders to consider industry hot issues – 2008 award opens |
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26 February 2008 |
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Sydney: Tuesday 26 February: Talent management has shifted to the top of the agenda for most Boards and financial organisations in Australia and across the world said Sarah Woodhouse Deloitte’s Wealth Management leader as she launched this year’s IFSA/Deloitte Future Leaders Award. At the IFSA Industry Agenda 2008 luncheon, the IFSA Board and the who’s who of Australia’s investment and financial services industry agreed that talent management was a top priority in the Australian FS sector, requiring senior leadership support. For the third year running the investment and financial services industry leaders... |
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| Palandri Finance appoints Voluntary Administrators |
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20 February 2008 |
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Perth, 19 February, 2008: Palandri Finance Limited has appointed Neil Cussen, John Greig and Gary Doran from professional services firm Deloitte, as joint and several Voluntary Administrators. The Voluntary Administrators have taken control of the company’s operations and have commenced a review of the business. In the meantime the Voluntary Administrators are continuing to trade Palandri Finance Ltd’s business as usual. They are also working collaboratively with the management of the broader Palandri Group and the Queensland Public Trustee and their appointed representatives to develop the best options to protect and... |
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