There are now less than three weeks before financial services and gaming companies will be forced to actively monitor transactions and manage the legal risk surrounding compliance requirements of the first tranche of the Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) Act, according to Deloitte Forensic Partner, Chris Cass.

Although the previous Australian Government granted a partial honeymoon period from aspects of AUSTRAC...

Budding entrepreneurs at RMIT University are having an impact even before they graduate, developing innovative business proposals through a collaborative project with Deloitte.

The Bachelor of Business (Entrepreneurship) students have teamed with Computer Science students on the industry placement program, which sees groups of students embedded in the Accelerated Innovation Group in Deloitte’s Melbourne office.

Entrepreneurship...

Consumers will be savvier and more price conscious with their 2008 Christmas gifts spending, according to the Deloitte/Australian Retailers Association (ARA) 2008 Christmas retail survey.

The national analysis of the proposed 2008 Christmas spending of 933 consumers (mostly aged between 18 and 40) revealed that almost a fifth of respondents will purchase between 10% to 40% of their presents after Christmas Day to benefit from...

Contact: Vessa Playfair
Head of Corporate Affairs & Communications
Mobile: 0419 26 7676
Tel: 02  9322 7576

Professional services firm Deloitte has been recognised today as Australia’s Leading Organisation for the Advancement of Women (500+ employees) by the Federal Government’s Equal Opportunity for Women in the Workplace Agency (EOWA).

Multi-national companies currently experiencing genuine economic losses should not be deterred from attributing them to their Australian operations where circumstances warrant, according to professional services firm Deloitte.

The ATO late last week released Taxpayer Alert TA 2008/18 ‘Arrangements to shift business losses into Australian branches or resident entities’. It warns taxpayers against aggressively or “inappropriately”...

Employees who salary package cars and have an annual income of $180,000 or less should review these arrangements and could potentially save hundreds of dollars a year, according to professional services firm Deloitte.

Frank Klasic, Deloitte Employment Taxes partner, said changes to the income tax brackets from 1 July 2008 mean employees who are not in the top income tax bracket have scope for a packaging review that could result in more...

Professional services firm Deloitte today announced the winners of Australia’s 2008 Deloitte Technology Fast 50 Program. This year’s leading company was ComTel, a listed mobile network operator with record growth of 1302% over the last year. It was the company’s inaugural entry onto the league table.

Now in its eighth year, the program recognises 50 dynamic and fast-growing technology companies that have shown sustained growth over the last...

The Government’s recent announcement that it will abolish the trust cloning tax concession, will have a significant impact on private businesses, according to professional services firm Deloitte.

Trust cloning involves creating a trust which had the same terms and beneficiaries as an original trust and transferring a capital asset to the cloned trust free without potentially triggering capital gains tax. However the rules have now...

Renee’s paper evaluated the social and economic impacts of underinsurance and proposed a ten point action plan for the industry to follow in order to close the ‘protection gap’.

IFSA’s research in 2005 showed that six in every ten Australian families would be unable to maintain its...

With the Spring Racing Carnival in full swing and Christmas just around the corner, employers should start considering the tax effectiveness of their corporate entertainment, warned professional services firm Deloitte.

An increase in the minor fringe benefits threshold to $300 last year means that more corporate entertainment is now being considered exempt from fringe benefits tax (FBT), said Deloitte’s Employment Taxes partner, Frank Klasic.

“It’s...