In total, 90% of all funds raised and 75% of all IPOs occurred in the first half of the year.

Preliminary figures released from Deloitte Corporate Finance’s Annual IPO Report for 07-08 found 199 IPOs listed in the year to 30 June 08, down from a record 221 in the previous year. The total value of funds raised from IPO investors almost halved from $10.5...

Mr Greig stated that it became apparent that the terms of the Deed of Company Arrangement (DOCA), as accepted by creditors in January 2007, were not capable of being successfully completed because of the difficult trading conditions being experienced by the business.

The Brothers Neilsen Directors requested that a meeting of creditors be held to vary the terms of the DOCA. In the accompanying report to...

Deloitte banking and finance specialist Phil Hardy said, “The industry believes that a holistic approach recognising the needs of consumers for investment and credit product advice is critical, firstly to ensure consistent consumer safeguards, and secondly to promote a...

“We would like to reassure all interested parties including homeowners, employees, contractors and creditors that the Receivers are confident of a successful sale,” says Mr Campbell.

The Receivers are pleased that the vast majority of homeowners have accepted the advice to be patient until the sale process is finalised. None-the-less, the Receivers recognise that it is a difficult time for all involved. “Homeowners...

19 June 2008: Over half of all respondents to Deloitte 's inaugural legal in-house counsel survey 2007/08 agree that the costs associated with complex discovery is a major factor in reducing recourse to action, according to Deloitte’s Dispute Consulting Partner, Chris Phillips and Forensic Technology Partner, Nicholas Adamo.

“Litigation trends have changed significantly in recent years,” says Mr Phillips. “In order to comply with rules of discovery these days, companies have to consider and undertake extensive discovery exercises. The same can be...

The Deloitte intellectual property delivered through Deloitte Digital includes AMLcheck™, Deloitte’s online anti-money laundering product; AFTnet, a system for managing documents for litigation and large legal actions; Deloitte Leadership Academy, a social network that delivers high e-learning content from partners such as Harvard and Melbourne Universities;  and a...

The sale includes the Margaret River Winery, the Palandri brands and the majority of the wine inventory.

Deloitte Partner Gary Doran, who is one of the Joint Voluntary Administrators for the Palandri Wine Group, said the sale was a positive development for Palandri stakeholders.

The Administrators announced in April that the assets were to be sold to Global Wine Holdings Pty Ltd, following a sale process which...

The report titled, One Size Fits Few: Using Customer Insight to Transform Government, provides a collection of case studies, methods and tools government executives can use to convert an idea on how to improve the customer experience into an actual service enhancement, while reducing operational costs.

It demonstrates how public managers can utilise leading customer management practices to bolster decision-making capabilities, enhance...

4 June 2008 – Deloitte partner Neil Cussen, the Voluntary Administrator of Global College Pty Ltd has successfully sold Global College through a Deed of Company Arrangement to Australian Education Advancement Pty Ltd (AEA Pty Ltd) and Dunnet Properties Pty Limited.

Mr Cussen says that there was significant interest in the purchase of the business, which contributed towards the success of the sale. “The sale will result in a substantial dividend being paid to creditors and could ultimately lead to creditors being paid in full,” says Mr Cussen.

“The...

Bhavesh Morar, Deloitte’s Mining Lead Partner, said skills shortages, infrastructure and logistics planning are three key issues that threaten the mining industry’s production levels. 

He added that current strategies to combat these issues will take several years of implementation before the results are seen.  They continue to remain an immediate focus of the industry to continue its unprecedented earnings...