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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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Foreign exchange tax rules catch out expatriates 07 January 2004 New rules for the taxation of foreign exchange gains and losses could trap the assets of inbound expatriates working in Australia, according to Deloitte.

The new rules, in amended legislation passed by Federal Parliament in early December, are designed for the taxation of forex gains and losses recorded by corporate entities.

But Deloitte says the rules also apply to residents with overseas financial assets, with major implications for overseas executives and professionals working in Australia.

Deloitte Tax partner Sally Morton said that under the new rules, realisation of gains and losses would occur whenever...

Qld stocks outperform ASX and overseas indices 08 December 2003 Queensland’s listed companies have outperformed the Australian stock market and some of the world’s leading financial markets in the six months to October 2003, according to the Deloitte Queensland Stock Exchange Index (“Deloitte Qld Index”).

The inaugural Deloitte Qld Index released today shows the market capitalisation of Queensland’s listed companies increased by 24.7% in the six months to 31 October 2003, outstripping the 10.5% gain over the same period by the ASX All Ordinaries.

Buoyed by strong economic and population growth, Queensland companies also logged a more robust performance over the six months than both...

Deloitte Technology Fast 50 names UTS Navigation Systems Australia’s fastest growing technology company 04 June 2003 Western Australian company UTS Navigation Systems (trading as Digital Technology International) – a designer and manufacturer of advanced digital surveillance solutions for a range of mobile applications - has been named Australia’s fastest growing technology company in the 2003 Deloitte Technology Fast 50, achieving three year revenue growth of 1,406%.

The Deloitte Technology Fast 50 ranks the fifty fastest growing technology companies in Australia, public or private, based on percentage revenue growth over three years (2000 to 2002).

The Deloitte Technology Fast 50 is part of a global program which ranks over 1250...

Administrators appointed to National Express companies 10 April 2003 As a further part of the restructure of the Victorian train and tram system operated by National Express its directors today appointed Simon Wallace-Smith and Robert Whitton of Deloitte Touche Tohmatsu as joint administrators of four companies in the group operating as M-Tram (formerly Swanston Trams), M-Train (formerly Bayside Trains), V-Line Passenger and Bayside Train Maintenance.

The administrators have been appointed to represent the interests of creditors of the companies and to determine the companies' financial position.

Mr Wallace-Smith said the administrators would work with the receivers and managers, who had...

Administrators postpone meeting of National Express creditors 10 April 2003 Administrators to the National Express Group of companies have obtained Federal Court approval to postpone the second meeting of creditors to the group.

The next meeting of creditors to the four National Express Group companies will be held on or before 26 March 2003.

The administrators, Simon Wallace-Smith and Rob Whitton of Deloitte Touche Tohmatsu, said the extension of time would give them more time to fully investigate the financial affairs of the National Express companies.

"In addition, the extension of time enables us to be in a better position to present a deed of company arrangement for the approval of...

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