News releases December 2012 - Global IPO activity expected to pick up in second half 2013
Tuesday, 18 December 2012 The global outlook for IPOs in 2013 is better but low business confidence and sentiment continues to cloud the picture for Australia. - Private capital pursuing mining and metals investments
Monday, 10 December 2012 Financing for junior and mid-tier miners may be challenging but it is not impossible, according to Paul Murphy, Ernst & Young’s Australia and Asia-Pacific Mining & Metals Transaction Leader. - Ernst & Young remain committed to audit quality improvement but caution interpretation of ASIC report
Wednesday, 5 December 2012 Ernst & Young Oceania Assurance Managing Partner Tony Johnson has encouraged readers of the Australian Securities and Investment’s (ASIC) report on its audit inspection program to understand its context and the detail behind some of the key findings. - Ernst & Young appoints Deputy Vice Chancellor to lead national education practice
Tuesday, 4 December 2012 Ernst & Young has today announced the appointment of Monash University Deputy Vice Chancellor, Professor Stephanie Fahey as its Oceania Education Lead Partner based in Canberra. - Supporting local online stores just lip service for Australians – price number 1 consideration
Tuesday, 4 December 2012 Competitive prices and fast, reliable delivery top the list of ‘must-haves’ for shoppers on online retail sites, according to a new survey. - Ernst & Young congratulates AACTA Awards nominees
Tuesday, 4 December 2012 Ernst & Young today congratulated all the nominees announced by the Australian Academy of Cinema and Television Arts for the 2nd annual AACTA Awards. - Cost competitiveness, project execution top priorities for miners
Monday, 3 December 2012 Cost competitiveness and project execution will remain the focus for global mining and metals companies going into 2013, in stark contrast to 12 months ago when fast-tracking production was still top of the agenda. - Perceived benefits of hedge fund regulation deteriorates among investors
Monday, 3 December 2012 Despite increasing regulatory requirements for hedge funds, only 10% of investors feel that the regulations effectively protect their interests and 85% do not believe these requirements will help prevent the next financial crisis, according to Ernst & Young’s sixth annual survey of the global hedge fund market. - Director Reports need further scrutiny
Monday, 3 December 2012 The Australian Securities and Investments Commission (ASIC) should focus on reviewing the requirements of Directors Reports, says Ernst & Young. - Ernst & Young hosts second Sydney Cycle Day with Cadel Evans
Monday, 3 December 2012 Ernst & Young today hosted 100 business and government leaders at our second annual Sydney Cycle Day with Cadel Evans. November 2012 - China media and entertainment industry continues to experience exponential growth as consumer spending rises and technologies converge
Friday, 30 November 2012 The staggering economic growth-rate of mainland China has created unprecedented opportunities for Chinese and global media and entertainment companies, according to an Ernst & Young report, Spotlight on China. - Out of the classroom and onto the world stage: McMillan Shakespeare founder named 2012 Australian Entrepreneur Of The Year
Friday, 30 November 2012 Anthony Podesta, founder and Non Executive Director of McMillan Shakespeare, a market leader in outsourced remuneration and asset management services, has been named the 2012 Australian Ernst & Young Entrepreneur Of The Year®. - Ernst & Young hosts third Melbourne ‘Cycle Day’ with Cadel Evans
Thursday, 25 November 2012 Ernst & Young will host up to 80 business and government leaders in Melbourne’s third annual ‘Cycle Day’ with Cadel Evans, cycling along a new regional route from Werribee Mansion. - Ernst & Young business immigration service expanded
Thursday, 15 November 2012 A growing demand for business immigration services, has led Ernst & Young to expand a key area of its Human Capital practice with Katie Malyon & Associates joining the firm. - Ernst & Young launches Perth ‘Cycle Day’ with Cadel Evans
Monday, 12 November 2012 Ernst & Young hosted 90 business and government leaders in Perth’s first ‘Cycle Day’ with Cadel Evans, cycling in a loop from North Fremantle through Perth’s city centre and returning to the beach. - Australians more productive than 12 months ago: now wasting 15 minutes less time at work everyday
Monday, 12 November 2012 Australian workers are more productive and wasting 4% less time at work than 12 months ago, with the average amount of time wasted falling from 18% to 14% since October 2011. - Australian banks keep the hatches battened down, but where to next?
Monday, 5 November 2012 Ernst & Young has analysed the 2012 full-year results of Australia’s largest banks and found the challenges around cost of funding and low levels of growth, which have been a flashing amber traffic light for the industry over the past 12 months, appear set to continue. - Australian REITs recovery continues but future growth still a challenge
Monday, 5 November 2012 Real Estate Investment Trusts (REITs) around the world continue to show signs of recovery but still face some challenges, especially in raising fresh capital, according to Ernst & Young’s Global perspectives: 2012 REIT report. - Getting on with the business of climate change
Monday, 5 November 2012 Over the past 12 months many Australian businesses have implemented the processes required to comply with the clean energy legislation, but many have not gone far enough with many businesses still believing that ‘trading’ or other market based activity is risky, according to Ernst & Young. - Mining and metals M&A: inbound investment remains strong
Monday, 5 November 2012 Deal volume and value in the Australian mining and metals sector for January-September 2012 has dropped 17% and 50% respectively compared to the same period last year. - COOs more relevant than ever, but struggle to win support of executive
Friday, 2 November 2012 Forty per cent of Chief Operating Officers (COOs) aspire to be promoted to CEO within the next five years, according to Ernst & Young’s DNA of the COO report released today. - Ernst & Young supports landmark arts event, Francis Bacon: five decades
Thursday, 1 November 2012 Ernst & Young is adding another high-profile event to its long-standing commitment to the arts, with its principal sponsorship of the upcoming exhibition of the work of Francis Bacon at the Art Gallery of New South Wales. October 2012 - 91% of Australian organisations see escalating level of external security threats
Wednesday, 31 October 2012 While the vast majority of Australian organisations believe the risk environment has changed significantly as a result of rising security threats, 63% of organisations say that the number of actual security incidents has remained the same in the past 12 months. - Global mobility policies, processes and systems being pushed to the limit
Monday, 29 October 2012 Despite the influx of people being sent to work in emerging growth and emerging markets, 68% of surveyed companies in Ernst & Young’s Global Mobility Effectiveness Survey 2012 – Driving business success do not have adequate frameworks to manage payroll, tax and social security risks. - M&A deals attracting more scrutiny from tax authorities
Monday, 29 October 2012 Two-thirds of tax directors globally surveyed by Ernst & Young say their companies’ deals are attracting more scrutiny from their national tax authorities, up from 49% in 2011. - Australian universities on the cusp of profound change: Ernst & Young report
Wednesday, 24 October 2012 Time is running out for traditional university business models. New technologies, increased competition and flat-lining government funding will force universities to fundamentally reinvent themselves in the decade ahead, according to an Ernst & Young report. - Australian companies taking a ‘wait and see’ approach
Tuesday, 16 October 2012 Australasian corporate are taking a “wait and see” approach to growth and a greater number intend to sit on the sidelines when it comes to M&A, the results of Ernst & Young’s latest six-monthly Capital Confidence Barometer show. - Ernst & Young: CIO critical for driving growth and productivity
Monday, 15 October 2012 The dramatic shift towards a digital economy has put significant pressure on the leadership of many businesses to embrace technology as more than a support function and ensure the CIO is a key member of the executive. - Innovation and collaboration key to productivity gains in oil & gas sector
Tuesday, 9 October 2012 Preliminary findings from the first year of a three year joint research study by Ernst & Young and The University of Queensland Business School suggests that collaboration is a key enabler of productivity. - Time to switch? Two-thirds of mortgage customers say they’re not getting the best deal from their bank
Monday, 8 October 2012 Only a third of Australian mortgage holders believe they are getting the best possible deal from their bank, with 66% of people saying they think there are better deals available, according to new research by Ernst & Young. - Bill Banks appointed Ernst & Young’s Global Infrastructure Leader
Friday, 5 October 2012 The appointment reflects the increased need by governments globally to invest in infrastructure to drive economic growth — particularly in emerging markets — and the expected need for higher quality services as more countries around the world urbanize and require upgrades to existing infrastructure. September 2012 - Crunching the numbers: Australian accountants, it’s time to be counted!
Wednesday, 26 September 2012 While the last Saturday in September might belong to AFL fans, Ernst & Young is again staking a claim for the last Friday of the month to be dedicated to accountants everywhere. - Impact of removing the LVT on GST revenues
Corporate statement Friday, 14 September 2012 An Ernst & Young report commissioned by the National Retail Association Ltd has quantified the significant and growing loss of GST revenues to the States and Territories resulting from the Low Value Threshold (LVT). - Media and entertainment CEOs see digital media as driver of future growth
Thursday, 13 September 2012 Global media and entertainment CEOs are optimistic about the digital future and expect digital revenue will be a rapidly increasing percentage of overall revenue for companies, according to Ernst & Young’s latest CEO study. - Mining services sector battles funding gap
Tuesday, 11 September 2012 The next six months will see an increase in distressed businesses, M&A and consolidation in the capital-constrained mining services sector as miners focus on reducing costs and protecting margins in the wake of softening commodity prices. - Final proposals on accounting for risk management activities
Monday 10 September 2012 Ernst & Young have welcomed the International Accounting Standards Board’s (IASB) release of a review draft on new proposals for hedge accounting that will allow many entities to better reflect their risk management activities in financial statements. August 2012 July 2012 - Outstanding entrepreneurs honoured at Adelaide awards night
Friday 27 July 2012 The top entrepreneurs from across South Australia and the Northern Territory were announced last night at the 2012 Ernst & Young Entrepreneur Of The Year® Central region awards ceremony in Adelaide. - Foreign direct outflows from Asian markets to hit US$400b by 2020
Wednesday 25 July 2012 The importance of Asia to global trade will continue to increase steadily over the next decade with foreign direct outflows reaching US$400b by 2020, according to Ernst & Young's report, Beyond Asia: strategies to support the quest for growth. - Nick Sherry joins Ernst & Young superannuation team
Tuesday 24 July 2012 Ernst & Young today announced former Senator Nick Sherry will be engaged as a senior advisor to its superannuation practice. - Mining & metals deal volume and value down in 1H 2012
Monday 23 July 2012 Deal volume and value in the Australian mining and metals sector for 1H 2012 has dropped 20% and 31% respectively compared to the same period last year. - Ernst & Young Brisbane increases partner numbers
Monday 23 July 2012 Ernst & Young’s Brisbane office partner numbers are at an all time high, following the promotion of six new partners and two new external recruits. Brisbane Managing Partner, Jenny Parker, says the growth reflects the depth of talent in the organisation as well as the strong resources-fuelled economic outlook for Queensland. - Top entrepreneurs honoured at Melbourne ceremony
Friday 20 July 2012 The top entrepreneurs from across Victoria and Tasmania were announced last night at the 2012 Ernst & Young Entrepreneur Of The Year® Southern region awards ceremony in Melbourne. - Ernst & Young joins the Brisbane CBD skyline
Monday 16 July 2012 Ernst & Young is the latest addition to the Brisbane skyline, with the firm today officially taking up residence in its brand new offices at One One One Eagle Street and seeing its sky sign illuminated for the first time. - Resource nationalism remains number one risk for miners
Monday 9 July 2012 Resource nationalism remains the number one risk for mining and metals companies around the world, as ranked by Ernst & Young’s annual Business risks facing mining and metals 2012-2013 report, released today. - The customer takes control – power in banking relationships shifts dramatically
Tuesday 3 July 2012 Australian consumers are taking control of their banking relationships and expect to be able to choose between a range of service levels and costs according to new research from Ernst & Young’s 2012 Global Banking Customer Survey. - ASX 100 response to ASIC's disclosing non-IFRS information guide
Monday 2 July 2012 An Ernst & Young report has found that ASX 100 companies have made significant changes to their December 2011 financial reports in response to the Australian Securities and Investments Commission’s (ASIC) regulatory guidance about non-IFRS information. . June 2012 - Strong foundations for sustainable local infrastructure
Monday 18 June 2012 Corporate Statement An Ernst & Young report commissioned by the Department of Regional Australia, Local Government, Arts and Sport to review the prioritisation and financing of local government infrastructure, has recommended a series of initiatives towards creating strong foundations for sustainable local government infrastructure. May 2012 - Young men’s mental health costing the Australian economy $3 billion
Thursday 31 May 2012 Young men’s mental illness in Australia is costing the economy more than A$3 billion each year in lost productivity according to the landmark report from the Inspire Foundation and Ernst & Young. - A third of Australia’s workforce falls below national productivity average - costing business more than $40 billion in wasted time.
Monday 28 May 2012 While two-thirds of Australia’s workforce is ‘productive’, more than 3.5 million workers are falling behind the ‘national productivity average’ as well as wasting an average of 23% of their time at work. - Drive for revenue growth ignores risk of prosecution for senior executives
Thursday 24 May 2012 Ernst & Young’s 2012 Global Fraud Survey, Growing Beyond: a place for integrity, shows fifteen percent of senior executives polled at leading companies around the world, including Australia, are willing to make cash payments to win or retain business, up from 9% in 2010. - Nominees announced for 2012 Australian Entrepreneur Of The Year® awards
Tuesday 15 May 2012 Australia’s best and brightest entrepreneurs are in the spotlight today with the announcement of the nominees for the 2012 Australian Ernst & Young Entrepreneur Of The Year® awards. - Australian banking environment: the rise of the deposit
Thursday 10 May 2012 In a fortunate turn of events for the banking industry, it seems deposits have become ‘the new black’, as challenging global economic conditions increase competition for more diversified and cheaper funding options. - Federal Budget 2012-13: Is this the surplus we had to have?
Wednesday 9 May 2012 The Treasurer has kept his long standing promise and delivered a forecasted budget surplus against all odds, but it is hard to argue this is the surplus we had to have, Ernst & Young says. April 2012 - Confidence grows - is now the time for M&A?
Monday 23 April 2012 Corporate confidence in the global outlook is steadily improving and Australasian companies are positioned for growth, according to Ernst & Young’s latest six-monthly Capital Confidence Barometer. March 2012 February 2012 January 2012 - And the award goes to...
27 January 2012 Ernst & Young lends support to Australian film and television’s night of nights. |
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