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| Cut the commute: Deloitte Parramatta office is recruiting top talent |
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06 June 2006 |
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The Deloitte Parramatta office is recruiting top talent in Tax, Business Services, Enterprise Risk and Assurance & Advisory services to cater for the growing number of local, regional and multinational companies that are located within the Greater Western Sydney Region. The continuous growth of our Parramatta office reflects our commitment to our Western Sydney clients by becoming even more accessible and providing the best locally based talent in Western Sydney. The Greater Western Sydney region is recognized as the third largest marketplace in Australia - after Sydney and Melbourne, and is well placed to become an internationally... |
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| Private Equity Confidence Stratospheric |
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06 June 2006 |
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With confidence levels continuing to soar at record highs, the investment market remains awash with Private Equity funds according to the latest Deloitte Private Equity Confidence Survey. The survey of over 140 private equity funds (PEFs) in Australia and New Zealand shows that although vendor price expectations remain high, investment activity is expected to increase. Deloitte Corporate Finance partner, Richard Young said 86% of respondents expect to be net buyers, which is 9% increase to the previous quarter and the highest response since the inception of this survey 5 years ago. “A record 61% of respondents,... |
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| Deloitte appoints new partner to cater for growing market demand |
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05 June 2006 |
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The Melbourne office of Deloitte has appointed a new partner, Gerard Belleville. Gerard is a lateral hire, previously he was Service line leader of the Audit &Advisory division within William Buck. His predominant areas of expertise include publicly listed companies, family businesses, private companies and fast growing organisations. Gerard will focus on the Middle Market space. Gerard has experience and a demonstrated ability in providing leadership in the delivery of professional audit & accounting services. Gerard’s Business Advisory advice includes providing wider business advice in areas such as value... |
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| Do IT executives have the right IQ? |
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25 May 2006 |
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Pouring billions of dollars into information technology does not help business if chief financial officers (CFOs) and chief information officers (CIOs) don’t have the right information quality (IQ), according to a new global research report launched today by Deloitte and CFO Research Services.
Donal Graham, Deloitte Consulting Partner and leader of its CFO Services, said the research, Do executives have the right IQ? highlighted poor information quality as one of the most critical problems facing businesses today.
"We found that of the 140 finance and IT decision makers surveyed in Australia and New Zealand, 82... |
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| John R Burton Contractors Pty Ltd wins 2006 Deloitte Growth Award |
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11 May 2006 |
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The 2006 Deloitte NSW Family Business Growth Award has been given to John R Burton Contractors Pty Ltd. They are a NSW- based business which provides contracting services for civil infrastructures, road maintenance and construction and utility services. Given the recent investment from the NSW Government in public works including roads, this has enabled John R Burton Contractors to grow by 20% during the year. The award was announced today at the NSW & ACT Family Business Australia (FBA) Conference. The Deloitte 2006 NSW & ACT FBA Growth Award has been established to recognize and reward the... |
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| Deloitte Actuaries & Consultants expands actuarial expertise |
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11 May 2006 |
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Professional services firm, Deloitte announced today the appointment of high profile actuary Elaine Collins as a partner of Deloitte and General Insurance Practice Leader for Deloitte’s actuarial practice Actuaries & Consultants. "With the introduction of the Australian Prudential Regulation Authority (APRA) Stage 2 General Insurance reforms and its Financial Condition Reports (FCRs), Elaine’s extensive actuarial experience in areas such as valuations, financial reporting, solvency and capital and risk management will be highly valued," Deloitte Actuaries &... |
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| Budget 2006: Business tax reforms half baked |
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10 May 2006 |
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Depreciation and Fringe Benefits Tax reforms will make Australia more internationally competitive, but only goes half way by failing to address key observations of the Warburton-Hendy report, according to Deloitte International Tax Partner, Paul Glover. “The improved depreciation deductions will save business $3.7 billion on new plant and equipment allowances and $900 million of FBT through reductions in the top personal income tax rate,” he said. The Warburton-Hendy international tax benchmarking study, released last month, demonstrated that Australia is at risk of becoming one of the least attractive countries in which... |
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| Budget 2006: Younger boomers miss the ‘super’ boat |
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10 May 2006 |
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Those who had put off funding their superannuation to later may have missed the boat, Deloitte Tax and Superannuation Partner John Randall said. “As the proposals now stand, they seriously disadvantage those who up till now have not been able to fund at their desired levels, particularly those currently in their late 40s.” “While the Treasurer’s proposals for tax free benefits will be a boon for those with retirements looming, only those who have been funding at maximum levels will get the fullest advantage of the changes,” he said. If implemented, then the level of undeducted contributions will be capped at... |
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| Budget 2006: Corporate Australia snubbed in Budget |
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10 May 2006 |
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Canberra’s increasing reliance on corporate Australia for its total tax take demonstrates it is still not taking business tax reform and international competitiveness seriously, according to Deloitte tax policy partner Miquel Timmers. “The Federal Government has become over-reliant on corporate Australia to fund strong budget surpluses. In 2004-05 the Government collected 23% of the total federal tax revenues from corporate Australia. This is set to increase to 27% in 2006-07, representing an increase of $15 billion. “The recent Warburton-Hendy international comparison of Australia’s tax system to the OECD weighted... |
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| Budget 2006: Depreciation boost for hardware providers, but software providers miss out |
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10 May 2006 |
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IT hardware providers stand to be one of the big winners from the flow on effects of the increase in accelerated depreciation rates to 200% of the base rate announced in last night’s Federal Budget. Deloitte Corporate Tax Partner Stuart Osborne said hardware providers could see an uptake in sales as the higher up front tax deductions become more attractive. “The new depreciation rate will secure deductions which will more appropriately align to the decline in value of the assets with factors such as technological obsolescence. “For example a laptop computer purchased after 9 May 2006 will attract a deduction of... |
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