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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| Deloitte.com rated the best |
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25 January 2007 |
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Deloitte.com has been recognised as the global leader for professional services websites and was one of the only two sites to pass Forrester’s web site review, Best & Worst of B2B Website Design 2006, which evaluated the customer experience of major business-to-business (B2B) sites. The Forrester report noted that professional services edged out all other B2B categories “bolstered by the strong performance of Deloitte.com”. The report evaluated sites in four industry sectors: financial services, logistics, software, and professional services industries. In total, 300 websites across 22 industry categories were evaluated... |
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| Applications invited for 2007 Peter Corrigan International Exchange Awards |
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10 January 2007 |
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The Australian and New Zealand Institute of Insurance and Finance (ANZIIF) and professional services firm Deloitte have opened applications for the Peter Corrigan International Exchange Awards for 2007 totalling $10,000. The annual awards were launched in 2004 to support outstanding young insurance professionals and to strengthen insurance industry links throughout Asia Pacific. The awards were established by Deloitte and ANZIIF to honour the legacy of the late Peter Corrigan, a leader in the insurance industry and former managing partner of Trowbridge Deloitte, the actuarial arm of Deloitte. Peter... |
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| New head appointed as Deloitte Energy, Infrastructure and Resources group expands |
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18 December 2006 |
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Ron Loborec, a specialist in energy trading risk management, strategic advice and sustainable solutions has been named the new national leader of Deloitte’s Energy, Infrastructure and Resources team. “With the current sectoral boom creating both opportunity and challenge for industry participants the energy and resources sector is now rivaling the financial services sector in terms of the need for consultancy advice, with revenues from the sector this year only marginally behind financial services, said Ron Loborec. “Our Energy Infrastructure & Resources team now has over 400 professionals across Australia and has grown... |
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| Australian Tech' firms lead record growth |
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18 December 2006 |
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Australian firms are leading a very robust Asia Pacific tech industry according to Deloitte’s latest ranking of fast growing technology companies and its survey of their CEOs. Deloitte Partner in Charge, Technology Fast 500 Asia Pacific Program and Lead Partner TMT, Australia, Ian Thatcher, said Australian revenue growth when compared regionally was impressive, with seven local companies ranked in the top 20. “This year Australia leads the pack, with three companies ranked in the top five and seven in the top 20 — the most for any country — and the highest recorded average revenue growth of 687 %,” Mr Thatcher... |
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| Voluntary journey for CR is better value for corporates and stakeholders |
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15 December 2006 |
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Voluntary Corporate Responsibility (CR) practices and reporting delivers better value for corporates and stakeholders, Deloitte CR partner, Craig Mitchell said. Mr Mitchell, who represents G100 on the ASX Corporate Governance Council (Council) Review of its Principles of Good Corporate Governance Practice and Best Practice Recommendations, welcomed the Corporations and Markets Advisory Committee (CAMAC) findings. He said further regulation could reduce accountability and the ultimate value of the reports, with organisations deciding only to meet minimum requirements, rather than stakeholder needs. “Some leading... |
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| Deloitte expands superannuation practice with new merger |
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14 December 2006 |
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Deloitte announced today it has merged with the Melbourne based actuarial consulting firm Buttler Walker Actuaries. Buttler Walker is a specialist management and actuarial consultancy with a traditionally strong focus on superannuation as well as wider capabilities and experience within the broader financial services industry. |
| Insurance industry cycle continues to deteriorate |
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07 December 2006 |
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The JPMorgan Deloitte 2006 General Insurance Industry Survey released today highlighted that industry profitability is extremely high with combined ratios of 84.7% and warned that intense competition would constrain future top-line revenue growth and continue to put pressure on margins. At the launch of the JPMorgan Deloitte 2006 General Insurance Industry Survey, Shane Fitzgerald, Senior Insurance Analyst at JPMorgan said, “The current levels of profitability are extremely high. Any moderation in profitability that may occur would be coming off a very high base. And any fall in profitability is still likely to see the industry... |
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| Retirements likely to be bought forward |
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07 December 2006 |
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The announcement today of a 1 July 2007 start date for new rules on employer termination payments is likely to bring on a rush of retirements according to Deloitte Tax and Superannuation Partner, John Randall. “Employers and employees have been waiting anxiously for details on the effective start date for the application of the new rules, as the tax consequences are likely to be significant,” Mr Randall said. “Under the current rules, an employee could roll over an employer termination payment to a superannuation fund (or similar entity), and have the superannuation fund pay tax on the roll-over at 15 per cent, and so... |
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| Contribution averaging may be compulsory |
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07 December 2006 |
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Deloitte Tax and Superannuation Partner, John Randall, says that today’s draft legislation on superannuation reforms means that people will need to be on their guard when making contributions because the new proposals change the way undeducted contributions are treated.
“The proposals will mean that undeducted contribution averaging will be imposed in certain cases and will no longer be a matter of choice by the individual,” Mr Randall said.
This draft legislation will automatically impose three-year averaging where ‘non-concessional’ contributions exceed the annual $150,000 cap.
“If a person... |
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| Employees need to beware employer contributions above the age-based limits |
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07 December 2006 |
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Superannuation contributions made by employers above the age based limits prior to 1 July 2007 will be counted towards the undeducted contribution cap and possibly attract penalty rates of tax in a superannuation fund according to Deloitte Tax and Superannuation Partner, John Randall. “Detail in the legislation is contrary to indications in the publications released by Treasury in May and September this year,” Mr Randall said. “Employer contributions up to the age based limits are generally deductible, with the amount of contribution in excess of those limits being non-deductible to the employer. “Before the... |
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