2008 News releases December 2008 - Climate change back on the business agenda
16 December 2008
Yesterday’s release of the Australian Government’s Carbon Pollution Reduction Scheme: Australia's Low Pollution Future White Paper confirms a starting date of 1 July 2010 to establish a national emissions trading scheme. - Growth still on 2009 agenda for some
9 December 2008
Chasing growth opportunities remains firmly on the agenda in 2009 for some of the fastest growing, entrepreneurial companies.
November 2008 October 2008 - A-REITs to survive the storm with back-to-basics approach
30 October 2008
A back-to-basics approach should mean better times ahead for local Real Estate Investment Trusts (REITs), despite being the worst performer of 16 countries in a global analysis by Ernst & Young. - The super iceberg: what’s beneath the surface of Choice?
14 October 2008
With superannuation members facing negative fund returns for the first time in recent memory, many may be considering a change of superannuation fund. Ernst & Young research has found that while choice-of-fund is a boon for employees, it is an administrative nightmare for employers and superannuation funds. - The big dry – IPO numbers tumble
1 October 2008
Initial Public Offerings (IPOs) on the Australian market have sunk to a low of 15 for the first quarter of FY09, with 12 of these in the mining sector, according to Ernst & Young’s quarterly IPO analysis.
September 2008 - Queensland entrepreneurs shine
19 September 2008
Security, coffee, wireless communication and mining are the diverse areas of business behind this year’s Northern Region winners of the Ernst & Young Entrepreneur of the Year program.
August 2008 - Eastern Region’s best entrepreneurs announced
29 August 2008
An agricultural enterprise, a luxury cruise liner operator, a foreign exchange and money transfer provider and a securities trading house are the businesses behind this year’s Eastern Region winners of the Ernst & Young Entrepreneur of the Year program. - Ernst & Young expands tax services in Brisbane
20 August 2008
As part of an overall national build out of Ernst & Young’s Tax Controversy practice seven former staff members of Damien Burke and Associates, a mid-tier Brisbane tax and commercial litigation practice will join Ernst & Young’s tax division in Brisbane, including lawyers, paralegals and executive assistants. - Private equity outperforms public companies
11 August 2008
The first ever study of private equity (PE) exits in Australia has shown PE achieved more than double the returns of public companies and matched the performance of PE counterparts globally. - Sydney toll roads deliver $22.7 billion economic return
11 August 2008
A new Ernst & Young Transaction Advisory Services report shows Sydney’s toll road network is delivering economic benefit of $22.7 billion, well above original estimates for theindividual toll roads and underlining the significant role of transport networks as a driver of economic development. - $500M a year to maintain legacy investment products
8 August 2008
Australia’s wealth management industry is maintaining legacy products at a cost of nearly $500 million each year and product rationalisation could translate this into savings for consumers, according to Ernst & Young report Streamlining for Sustainable Growth released today. - Profit warnings surge with more downgrades to come
6 August 2008
Profit warnings have nearly doubled in the past six months as businesses struggle to deal with the impact of the credit crunch and economic uncertainty, with a further spike in downgrades likely in the next 12 months. - Victoria and Tasmania’s best entrepreneurs announced
1 August 2008
Engineering, software, recruitment and golf are the businesses behind this year’s Southern Region winners of the Ernst & Young Entrepreneur of the Year program.
July 2008 - West’s best entrepreneurs named
25 July 2008
Shipbuilding, fashion design, education and mining are the tools of trade behind this year’s Ernst & Young Entrepreneur of the Year Western Region award winners. - Central Region’s best entrepreneurs announced
4 July 2008
Crocodile farming, property, water recycling and personal budgeting are the businesses behind this year’s Central Region winners in the 2008 Ernst & Young Entrepreneur of the Year awards.
June 2008 May 2008 April 2008 - Ernst & Young announce the 2008 Entrepreneur Of The Year finalists
30 April 2008
This year 83 of the nation’s best and brightest entrepreneurs will compete for the coveted title of Ernst & Young Entrepreneur Of The Year 2008, one of Australia’s leading business awards. - Climate change sparks tax debate
7 April 2008
Tax is a key issue in developing policies to combat climate change, says a report jointly produced by the Institute of Chartered Accountants in Australia (the Institute) and Ernst & Young.
March 2008 - Ernst & Young named Employer of Choice For Women
4 March 2008
The Equal Opportunity for Women in the Workplace Agency (EOWA) has again named Ernst & Young an Employer of Choice For Women. Recruitment and selection processes, promotion and transfer opportunities, training and development programs, conditions of service and benefits, and harassment and discrimination policies were just some of the key areas examined and assessed by the Agency.
February 2008 - Record 2007 for M&A but deals may dry up
25 February 2008
The robust Australian economy and sheer weight of investment funds will not be enough to sustain the high levels of merger and acquisition (M&A) activity of 2007. - Profit warnings drop but storm clouds approaching
3 February 2008
Profit warnings from Australian listed companies continued to decline, with a 27 per cent drop in the July-December 2007 period compared to the same period in 2006.
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