This Month
Bridging mid-market productivity gap – why implementing AI is key
Many mid-market firms, the engine room of the economy, feel the pressure to innovate, but at the same time, are wary of wasted investment.
Sponsored
by KPMG
April
Work from home or bring home to work? New trend brings ‘day of relief’
More companies are offering staff the option to bring their children into the office during the school holidays, saving them money and, in some cases, their sanity.
Asbestos victims want compensation assurances from James Hardie
The building materials giant will shift its primary listing to New York under a plan to merge with American group Azek.
December 2024
Auckland self-storage giant hangs up for-sale sign via KPMG
Street Talk understands National Mini Storage’s earnings have stabilised between $25 million and $30 million.
September 2024
Do you know this week’s news? Answer these 10 questions
Have you been paying attention this week? Test your knowledge across politics, business and world news.
August 2024
Creditors owed $22m in Mighty Craft beer collapse
The beverages group, which owns 25 per cent of zero carb brand Better Beer, owes money to Pure Asset Management and KPMG, according to its creditor list.
One consulting firm has more Olympians than the others
In the hyper-competitive world of big four consulting in Australia, one firm stands out in a completely unofficial ranking of which has more Olympic athletes at the Paris Games.
July 2024
What went wrong with KPMG’s legal experiment
Finding top lawyers willing to tolerate relative anonymity and powerlessness in a distant corner of a mammoth multinational proved a challenge for the legal division.
KPMG pay growth slows in tough market
Pay rises for this financial year were minimal, with graduate salaries increasing by an average of just 1.5 per cent.
KPMG axes legal division, dozens of jobs to go
KPMG will undertake its second major restructure in a month, bringing a decisive end to its ill-fated legal experiment.
River Capital nabs Archer Capital’s education roll-up Aspire2
Andrew Larke, Orica’s former star dealmaker, will co-invest alongside the Melbourne-based investment firm and come on as Aspire2’s chairman.
June 2024
Why KPMG sees silver lining to 5pc jobless rate
The big four firm says there is no “productivity crisis” and recent lacklustre results can be explained by the workforce shake-up caused by the pandemic.
KPMG to cut 200 jobs | Musk’s $72b payday | Trump promises tax cuts
Read everything that’s happened in the news so far today.
May 2024
KPMG opens tender process for its Future Group-run super fund
The reasons behind the tender process are unknown, but it’s reasonable to assume KMPG isn’t over the moon with its current provider.
Let ASIC police big four conflicts: Samuel
Former ACCC chairman Graeme Samuel says the big four’s governance changes looked good on paper, but would not fundamentally change the culture of the firms.
April 2024
Scyne settles restraint case, as PwC tax partner jumps to KPMG
Connie Heaney will be free to continue at Downer EDI under the settlement, while a senior PwC tax partner has jumped ship to KPMG.
Consulting clients look elsewhere as trust in big four plummets
Smaller firms have an opportunity to build trust with clients and take work off the previously dominant big four, whose reputation is in tatters.
March 2024
Spotlight on Adgemis as Bain Capital negotiations drag
Sources told Street Talk the deal is drawn out, but not dead, with the pubs baron dragging his feet on Bain’s requests.
January 2024
Mike Baird to join KPMG board
The appointment increases the number of independent directors at the firm, as consultancies continue to face scrutiny over their governance models.
How consultants are using AI for emails, PowerPoint and other odd jobs
Partners at the big consulting firms believe the winners of the lucrative AI race will come from those businesses where staff embrace tools built in-house.