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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| Eclipse launches Tri-nations Tournament with a ‘Try For Your Team’ |
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27 July 2006 |
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The point scoring in this year’s Gillette Rugby League Tri-Nations tournament has begun with fans in Australia, New Zealand and Great Britain readying to join in the excitement via a new online fantasy football game ‘Try For Your Team’. Deloitte’s ebusiness consulting practice, Eclipse, engineered and launched the interactive marketing initiative today for the 2006 Gillette Rugby League Tri-Nations tournament on behalf of the Australian Rugby League. Eclipse CEO Peter Williams said the new campaign follows on the outstanding success of the ‘Origin Invasion’ campaign which helped inspire a packed house for this year’s... |
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| Boys will be boys - even when it comes to their superannuation investments |
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27 July 2006 |
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Paper after paper at the recent 14th Australian Colloquium of Superannuation Researchers in Sydney reported on evidence that some members of superannuation funds made irrational investment decisions and lost money doing so. And that men were worse than women. However there was less agreement on what to do about it. Trowbridge Deloitte actuary Anthony Asher, previously from APRA, suggested that the regulator or the industry should develop a benchmark fund to guide members. More extreme US academic suggestions were that all members of every fund should be forced to choose one fixed asset allocation. Whether expert... |
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| Deloitte and ANZIIF announce the winners of the Peter Corrigan International Exchange Awards 2006 |
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25 July 2006 |
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The panel of the Peter Corrigan International Exchange Awards announced its two winners at the Australian and New Zealand Insurance Industry Awards, on Monday 24 July. The awards recognise and support talented young insurance professionals in developing their leadership abilities and international business links in Australia, Asia, New Zealand and the South West Pacific. The two winners, selected from a short list of 12 outstanding applicants, share $10,000 to support their work, study, research and cultural exchange in the region. They are: |
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| Security not keeping pace with technology and the growing threat from the ‘enemy within’ |
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24 July 2006 |
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Technology, media and telecommunications (TMT) companies are finding it hard to keep up with security threats presented by new technology and the growing risk of intellectual property theft by employees, according to a new Deloitte security report: Protecting the Digital Assets. Deloitte TMT Risk Services Partner, Craig Mitchell, said more than half the 150 companies surveyed across 30 countries, including Australia, have experienced security breaches in the past year, with internal breaches representing half of these. The survey was conducted in the first half of... |
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| Wickenby result sends warning to financial institutions |
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19 July 2006 |
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The arrest of three company directors today by the Australian Crime Commission highlights a number of key trends in international law enforcement and puts financial institutions on notice about knowingly receiving and processing the proceeds of crime, according to Deloitte Forensic Partner, Chris Cass. "The government is now demonstrating an increased use of the Proceeds of Crime legislation to hit criminals where it hurts and the effectiveness of multi-agency investigations particularly in large and complex financial crimes," Mr Cass said. "This issue will become... |
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| Revised AML legislation welcomed |
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14 July 2006 |
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The changes to reduce the level of prescription in the new anti-money laundering legislation release today and the move to a more risk based approach were welcomed according to Deloitte Forensic AML Partner, Chris Cass. “The government has listened to industry and moved away from a one-size fits all approach,” Mr Cass said. “Now organisations will be able to identify where their own potential risks lie and then decide how they are going to manage those risks. “It is far less prescriptive but organisations should not view this risk based approach as a lesser challenge. “With the flexibility of how to... |
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| Deloitte appoints new ‘reward’ partners |
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12 July 2006 |
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Deloitte has appointed two new partners, Stephen Cornwell and Joe Tropeano. Both Stephen and Joe join Deloitte from PricewaterhouseCoopers where they were instrumental in their Reward and Performance practice. “Stephen and Joe bring significant experience around reward strategies and governance, performance management and reward disclosure within the corporate environment,” said Deloitte’s Melbourne Managing Partner, Frank Ford. Re-branded Deloitte Reward and led by Stephen and Joe, the practice provides strategic-level advice and support to businesses on a broad range of remuneration and related employment... |
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| Australian mortgage sector under increasing pressure |
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10 July 2006 |
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Deloitte's second annual Australian mortgage report – Broadening the Horizons - notes growth in Australia's residential mortgage market reached 13% p.a. in 2005. Deloitte actuarial and advisory partner James Hickey, who co-ordinated the authors' contributions to the report said, "While 13% growth appears reasonably solid, it actually represents the lowest level of system lending growth since 2001. "Mortgage growth peaked in early 2004 when it reached almost 22%. "Housing approvals fared little better in 2005 calendar year, with overall growth in mortgage lending approvals increasing only 8% over 2004," said... |
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| Government rebate boosts small wineries |
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06 July 2006 |
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Profitability for wineries with less than $1 million of revenue has improved significantly in the last year survey according to the Deloitte annual financial benchmarking survey of the Australian wine industry: Vintage 2005. The survey examines the financial performance of wineries located across Australia for the 2005 financial year, and provides the wine industry with data upon which to benchmark results. According to Deloitte Partner and leader of the Deloitte Wine Industry Group, Mr Stephen Harvey, this improvement for smaller wineries appears to be driven by... |
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| Deloitte joins forces with BDO Melbourne |
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03 July 2006 |
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Deloitte, one of Australia’s largest professional services firms, is merging with the Melbourne office of professional services firm BDO, making it one of the largest professional services firms in Melbourne with revenues in excess of $200 million. The merger will take place in July 2006. Across Australia, Deloitte will now have 321 partners, 3200 people and revenue of $600 million. Commenting on the merger, Deloitte’s CEO Giam Swiegers said, "It is a friendly merger with both firms recognising the cultural fit and growth opportunities for this new partnership.... |
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