July
- Opinion
- Consulting
Why bigger bills equal better value for consulting clients
This ‘designer handbag effect’ is well known in consumer goods, but the same could apply to large professional services firms.
- George Beaton
KordaMentha makes play for Canberra consulting work
KordaMentha has joined Oliver Wyman in setting up a Canberra office to take advantage of the gap left by the big four.
- Maxim Shanahan
September 2022
Consultancies join forces to tap into casino riches
Consultancy Grant Thornton has acquired boutique anti-money laundering specialist firm Initialism as it seeks to cash in on a jump in financial crime work.
- Hannah Wootton
June 2022
Debt chaser Collection House goes bust
Once one of Australia’s biggest debt collectors, and which made millions of dollars for its founders, Collection House has called in administrators.
- Liam Walsh
This one website tweak ‘smashed’ Holey Moley’s sales targets
The company behind Strike Bowling and Holey Moley mini-golf explains how a revamp of its booking system led to a 30 per cent jump in website sales conversion.
- Edmund Tadros
- Updated
- Carbon challenge
Iluka urges shareholders to back demerger after independent approval
Iluka has plans to split its Sierra Leone mineral sands business after sustained production problems, equipment challenges and personnel issues.
- Colin Packham
ASX extends timeline for outage review
Independent expert EY says ASX won’t meet the June deadline for 80 per cent of its work to address the IBM action plan.
- Ayesha de Kretser
Refunds to flow as discount breaches mount for insurers
Another insurer has had to tell the corporate regulator of errors in discount disclosures, coming amid a wider industry review.
- Liam Walsh
‘Insolvent from inception’: collapsed property investment firm probed
Administrators say the property investment firm raised millions of dollars from hundreds of investors over five years for property developments.
- David Marin-Guzman
May 2022
KPMG tax spat with lab giant ALS reaches settlement
The dispute spilled back to 2014, and tax work on a Canadian subsidiary of Brisbane-based ALS.
- Liam Walsh
Labor won’t cancel big four consulting contracts
Finance Minister Katy Gallagher says the federal government will target expensive labour-hire spending as it seeks to rein in budgetary spending.
- Tom McIlroy and Edmund Tadros
Boral razor gang ramps up with hundreds more jobs to go
Under ‘Project Next’, Boral is sharpening the axe faster, with the help of PwC, with more job cuts before June 30.
- Simon Evans
- Updated
- Construction
Metricon says it is paying bills, hires Sayers to advise on future
Australia’s largest home builder said it was not facing financial problems before a meeting with a key government client on Thursday.
- Michael Bleby and Andrew Tillett
Macquarie, Aware ready Vocus break-up play
There are no flies on Macquarie Asset Management’s Vocus Group.
- Anthony Macdonald, Sarah Thompson and Kanika Sood
April 2022
- Exclusive
- Mergers & acquisitions
Founders collect $20m from sale of flower delivery start-up
LVLY has been acquired by an Asian tech firm for $35 million – a deal in which founders Hannah Spilva and Verity Tuck will take in a combined $20 million.
- Jessica Sier
Carbon farming ‘scorecard’ shows need for more ambition
Queensland is Australia’s “standout” carbon farming jurisdiction, according to an industry scorecard.
- Jacob Greber
- Updated
- Company mergers
Woodside deal with BHP boosted as independent expert sees value
The assessment boosts the likelihood that Woodside shareholders will next month vote to approve the $41 billion merger with BHP.
- Updated
- Colin Packham
LEK: Sustainability moves from niche to key purchase driver
Consumers are driving the sustainability agenda - making purchasing decisions and offering new loyalties to brands that understand why it matters.
- Carrie LaFrenz
March 2022
Class action splits Noumi from its auditor
If anyone knows where the bodies are buried it’s the person signing off the books.
- Myriam Robin
When ‘fake coal’ alarm bells rang for EY auditors
A letter to ASIC shows how auditors became concerned about a mining company’s handling of a PwC investigation into allegations of faking coal results.
- Liam Walsh