Media Centre 2012

GAME Australia: Diablo III stock update - 15 May

The Administrators of GAME Australia have today announced the limited release of Diablo III to customers who have pre-ordered in certain GAME stores across the country.

PwC appointed as Voluntary Administrators of GAME Australia - 14 May

PwC partners Kate Warwick and Greg Hall have been appointed Voluntary Administrators of TGW Pty Limited – trading as GAME.

Private businesses better planners but carbon price could catch them out - 14 May

According to PwC’s Private Business Barometer, released today, nearly two thirds of private businesses (64%) believe the introduction of the carbon pricing mechanism will impact their business.

Major Banks Analysis: Banks deliver solid, not spectacular growth - 10 May

Australia's four major banks delivered combined underlying cash earnings of $12.6b for the half year, a 4.7 per cent increase on the previous corresponding half, according to PwC's Major Banks' analysis.

Budget Prefers Handouts over Serious Money for Infrastructure - 9 May

The total amount allocated to new infrastructure projects in this Budget is more modest than previous years due to the quest to return to a surplus position and the provision extra payments to low income households.

States the key to NDIS roll-out - 9 May

The Australian Government's commitment to invest an additional $1 billion in a National Disability Insurance Scheme (NDIS) is welcomed but is considerably less than what the Productivity Commission (PC) recommended.

Superannuation complexity could cause crisis of confidence - 9 May

According to PwC partner Alice Kase people's confidence in superannuation will be put to the test following last night's Budget.

Some relief but not when loss making businesses need it most - 9 May

While the loss carry back rules announced last night will benefit some there are many for whom these changes will be too late or whose structure doesn't make them eligible.

LAFH changes to hurt business and constrain mobility - 9 May

Businesses that rely on employees moving between locations will face higher costs as a result of changes to the Living Away From Home (LAFH) rules announced last night, according to PwC Partner Norah Seddon.

Economic Overview: PwC Response to the 2012-13 Federal Budget - 8 May

The Labor Government's fifth Budget focuses largely on delivering the promised surplus and a reallocation of spending, according to PwC Economics and Policy Partner, Jeremy Thorpe.

Celebrating honest reporting in the Not-for-Profit sector - 19 April

The Cancer Council NSW and Opportunity International were named as winners of the fifth annual PwC Transparency Awards last night, in the $30 million or more and the $5 million-to-$30 million categories, respectively.

Australian PMI®: Manufacturing loses ground in March - 2 April

The manufacturing sector moved into negative territory in March as the strong Australian dollar and softer demand continued to affect growth in the sector.

Productivity bounces back, but mining skills shortage intensifies - 14 March

National Labour productivity grew 0.7 per cent, recovering from a 0.6 per cent decline in the first quarter of FY12, according to the PwC Productivity Scorecard released today.

PwC Awarded 2012 EOWA Employer of Choice for Women Citation
- 13 March

The war for talent is heating up, according to Equal Opportunity for Women in the Workplace Agency (EOWA) Director, Helen Conway, with 125 organisations qualifying for the Agency's national EOWA Employer of Choice for Women (EOCFW) citation this year.

PwC announces new Australian CEO - 12 March

PwC Australia Chairman, Bruce Morgan, today announced the appointment of Luke Sayers as the next CEO of the Australian firm. His appointment will take effect from 1 July 2012.

The West and The Rest: Risk & Reward Reassessed - 5 March

More than 2600 deals worth $149 billion in 2011 overcame economic weakness, falling commodity prices and declining share prices to make the year the second busiest in history.

Business crime the norm, while cybercrime starts to byte - 1 March

The theft of assets or funds remains the number one economic crime affecting Australian businesses with cybercrime a rapidly rising second according to PwC's Global Economic Crime Survey released today.

Administrators to wind down Sleep City and Everyday Living - 26 February

The Administrator of Furniture and Bedding Concepts Ltd (trading as "Sleep City" and "Everyday Living") and four related entities, PwC Partner Michael Fung, today announced a decision to wind-down the businesses over the course of the next six to eight weeks.

PwC appointed as Voluntary Administrators of Furniture and Bedding Concepts Ltd (trading as "Sleep City") - 13 February

PwC partners Michael Fung, Greg Hall and Guy Edwards have been appointed Voluntary Administrators over Furniture and Bedding Concepts Ltd. and four other related entities.

The growing role of PPPs in Australia's healthcare system - 9 February

Demand for better healthcare is growing in South East Asia's emerging economies, putting pressure on governments to increase health spending on par with the developed world.

Australian PMI®: Manufacturing holds positive territory in January - 1 February

Manufacturing activity remained in positive territory in January, according to the latest Australian Industry Group - PwC Australian Performance of Manufacturing Index (Australian PMI®).

Renewable energy deals hit record high - 31 January

Deal activity in the renewable energy sector is providing a rare spot of sunshine amid the gloom in world markets and the global economy.

Investors Look to Global Healthcare Market for Long-Term Growth, Near-Term Safe Haven, Says PwC - 30 January

The healthcare sector is well positioned to see an increase in mergers and acquisitions (M&As) globally due to its perceived benefit as a safe haven both in the near and long-term future, according to PwC in its first edition of Global Healthcare Deals Quarterly.

Banking Banana Skins - Anxiety at Record Levels - 30 January

Australian banks are more anxious than overseas counterparts about what the future holds in store.

CEOs gloomy on global economy - 25 January

Nearly half (48%) of the 1258 CEOs polled worldwide believe the global economy will decline even further in the next 12 months, according to PwC's 15th Annual Global CEO Survey.

Australia well positioned as global power M&A shifts from Europe to Asia Pacific - 24 January

A major shift in global power M&A is occurring, ending European dominance in power deals and confirming the Asia Pacific as a hub of global activity, according to PwC's annual Power Deals report released today.

Australian PMI®: Manufacturing nudged positive territory in December - 3 January

The manufacturing sector nudged positive territory in December with the latest Australian Industry Group - PwC Australian Performance of Manufacturing Index (Australian PMI®) rising by 2.4 points to 50.2 (readings above 50 indicate an expansion in activity).