http://www.pwc.com.au/press-room.html Want to stay up to date with all the latest media releases? Wed, 08 June 2016 10:00:00 +1100 en-usnoPwC,PricewaterhouseCoopers,Australia,price,water,house,waterhouse,coopers,Industry,Services,Asia,Practice,Publications,Media,Centre,Careers,About,UsSubscribe to our RSS feed and stay up-to-date with the latest news and featuresPwC Australia's Media Centre http://www.pwc.com.au/press-room/2016/media-outlook-jun16.html A lack of diversity in Australia's media and entertainment workforce in terms of ethnicity, gender, age and thinking is dragging on the industry's growth, according to a PwC report released today. Wed, 08 June 2016 10:00:00 +1100 http://www.pwc.com.au/press-room/2016/aussie-mine-jun16.html The world's top 40 mining companies were in a race to the bottom in 2015, with falling market capitalisations and net losses leaving them slower, lower and weaker, according to PwC's Mine 2016 report released today. Tue, 07 June 2016 10:00:00 +1100 http://www.pwc.com.au/press-room/2016/top-education-jun16.html PwC Australia has acquired a 15 per cent stake in TOP Education, a Sydney-based private higher education provider, in move that will strengthen the firm's focus on Australia's third largest export - international education. Fri, 03 June 2016 10:00:00 +1100 http://www.pwc.com.au/press-room/2016/pathways-technology-may16.html PwC has today been announced as the first employer partner for a new Pathways in Technology (P-TECH) style pilot at McCarthy Catholic College, Emu Plains. Thur, 30 May 2016 10:00:00 +1100 http://www.pwc.com.au/press-room/2016/paul-zahra-may16.html PwC Australia has recruited former CEO and Managing Director of David Jones Limited, Paul Zahra as Global Retail Advisor to add fuel to its growing retail and consumer practice. Fri, 24 May 2016 10:00:00 +1100 http://www.pwc.com.au/press-room/2016/economic-crime-may16.html Australian organisations are experiencing a significantly higher rate of economic crime than the rest of the globe according to a PwC survey released today which finds 52 percent experienced economic crime in the last 24 months compared to the global average of 36 percent. Mon, 16 May 2016 10:00:00 +1100 --- http://www.pwc.com.au/press-room/2016/drone-technology-may16.html The emerging global market for business services using drone technology is valued at over US$127 billion with the drone revolution disrupting industries ranging from agriculture to filmmaking. Wed, 11 May 2016 10:00:00 +1100 http://www.pwc.com.au/press-room/2016/singapore-australia-may16.html An enhanced Singapore-Australia free trade agreement (SAFTA) represents the biggest step-forward in over a decade in our economic relationship with Singapore. Fri, 6 May 2016 10:00:00 +1100 http://www.pwc.com.au/press-room/2016/major-banks-may16.html Australias four major banks delivered combined cash earnings of $14.9 billion for the first half to March 2016. Thu, 05 May 2016 10:00:00 +1100 http://www.pwc.com.au/press-room/2016/federal-budget-may16.html Modest personal tax cuts, tighter superannuation concessions, and a pathway to lower corporate tax rates make this a responsible if not spectacular budget. Tue, 03 May 2016 10:00:00 +1100 http://www.pwc.com.au/press-room/2016/social-good-apr16.html Every year Australia spends more than half a trillion dollars on social purpose goods and services directed at health, welfare and education, almost one third of the nation's GDP. Thu, 28 Apr 2016 10:00:00 +1100 http://www.pwc.com.au/press-room/2016/airtax-platform-apr16.html PwC and NAB have teamed up to help self-employed and microbusiness customers operating in an emerging more flexible economy to manage their GST requirements. Tue, 12 Apr 2016 10:00:00 +1100 http://www.pwc.com.au/press-room/2016/digital-ambitions-apr16.html Australia's next generation of family business leaders is more confident and better prepared for senior roles than two years ago, but is also experiencing more challenges, both inside the firm and in the wider business landscape. Tue, 12 Apr 2016 10:00:00 +1100 http://www.pwc.com.au/press-room/2016/oil-gas-apr16.html Australian oil and gas companies will need to think bigger and embrace customers in Asia, rapidly evolve their business models, and become much more responsive to emerging trends, if they are to thrive in a challenging new global marketplace. Mon, 11 Apr 2016 10:00:00 +1100 http://www.pwc.com.au/press-room/2016/fintech-fight-march16.html The overwhelming majority of global banks and traditional financial services firms believe part of their business is at risk of being lost to standalone Fintech challengers, according to a PwC report released today. Tue, 15 Mar 2016 10:00:00 +1100 http://www.pwc.com.au/press-room/2016/cost-plebiscite-mar16.html A standalone plebiscite with a compulsory vote on marriage equality could cost the Australian economy $525 million according to modelling released by PwC Australia today. Mon, 14 Mar 2016 10:00:00 +1100 http://www.pwc.com.au/press-room/2016/female-economic-mar16.html Australia has fallen back to pre-2007 performance on female economic empowerment with one of the biggest annual declines among OECD countries according to PwC's annual Women in Work index. Mon, 07 Mar 2016 10:00:00 +1100 http://www.pwc.com.au/press-room/2016/stem-primary-mar16.html Providing every primary school in the country with access to at least one specialist science, technology, engineering and mathematics (STEM) teacher could be possible if teachers are incentivised to acquire STEM specialisations and collaboration between schools is prioritised. Fri, 04 Mar 2016 10:00:00 +1100 http://www.pwc.com.au/press-room/2016/startup-cloud-feb23.html PwC today announced it was collaborating with a range of Australasian startups and emerging technology companies to deliver a purpose-built cloud platform that brings together some of the leading cloud solutions in the market today, all in one place. Tue, 23 Feb 2016 10:00:00 +1100 http://www.pwc.com.au/press-room/2016/ceo-appointment-feb16.html Chairman of the Board of Partners of PwC Australia, Michael Happell, has announced that Luke Sayers will continue as Chief Executive Officer of the Australian firm for a further four years. Mon, 15 Feb 2016 10:00:00 +1100 http://www.pwc.com.au/press-room/2016/tech-talent-feb16.html Twenty tech entrepreneurs have been chosen for a new accelerator program run by PwC and backed by some of Australia's largest corporates that aims to rapidly scale Australia's most promising science, technology, engineering and maths (STEM) education initiatives. Mon, 01 Feb 2016 10:00:00 +1100 http://www.pwc.com.au/press-room/2016/skills-service-jan16.html PwC has been appointed as a Skills Service Organisation by the Federal Department of Education and Training to work with Industry Reference Committees to develop modern and relevant training packages. Fri, 29 Jan 2016 10:00:00 +1100 http://www.pwc.com.au/press-room/2016/power-deals-jan16.html 2016 could be the high-water mark for Australian power and renewables deals following a strong year for transactions in 2015, according to PwC's energy, utilities and mining leader Mark Coughlin. Thu, 28 Jan 2016 10:00:00 +1100 http://www.pwc.com.au/press-room/2016/ceo-survey-jan16.html Australian CEOs are less confident about their companies' growth prospects than a year ago, and less optimistic about growth in the global economy, according to a PwC report released today. Wed, 20 Jan 2016 10:00:00 +1100 http://www.pwc.com.au/press-room/2016/food-fraud-jan16.html PwC has joined forces with leading not-for-profit food safety agency SSAFE to develop a new industry tool to help fight food fraud and protect consumers. Mon, 18 Jan 2016 10:00:00 +1100 http://www.pwc.com.au/press-room/2015/innovation-agenda-statement-dec15.html Australia is facing a growth problem, and the best way to spark growth is to create a bedrock for innovation and support businesses to disrupt themselves and take risks. Tue, 08 Dec 2015 10:00:00 +1100 http://www.pwc.com.au/press-room/2015/aussie-shareholders-ceo-turnover-nov15.html Thirty-five of the ASX 200 companies saw a turnover in Chief Executive Officer (CEO) in 2014, almost 35 percent more than the global average, including 8 unplanned succession events which cost $8 billion in foregone shareholder value Tue, 26 Nov 2015 12:00:00 +1100 http://www.pwc.com.au/press-room/2015/company-tax-cuts-nov15.html If the company tax rate was reduced from 30 to 25 per cent over the next five years gross domestic product (GDP) would grow $291 billion and income tax revenues would generate $4 billion up to the year 2025, PwC modelling released today shows. Tue, 24 Nov 2015 12:00:00 +0900 http://www.pwc.com.au/press-room/2015/violence-against-women-costing-Australia-nov15.html Violence against women and their children is costing Australia $21.7 billion each year, with Governments carrying more than a third of the cost burden; as shown in the report A high price to pay: the economic case for preventing violence against women. Mon, 23 Nov 2015 12:00:00 +1100 http://www.pwc.com.au/press-room/2015/stem-skills-key-leveraging-young-workers-nov15.html Australia has slipped four places to 17th in OECD rankings for employment of under 25-year-olds with a focus on STEM skills. Tue, 17 Nov 2015 12:00:00 +1200 http://www.pwc.com.au/press-room/2015/tax-reform-key-low-growth-economy-nov15.html Major tax reform is the most sensible lever to pull to combat a projected $48 billion in lost revenue in our new low growth economy. Tue, 17 Nov 2015 12:00:00 +1100 http://www.pwc.com.au/press-room/2015/australian-ceos-growth-nov15.html Australian CEOs are less confident about domestic growth than their regional peers, and less certain of their ability to capture a return in Asia Pacific markets. Mon, 16 Nov 2015 08:00:00 +1100 http://www.pwc.com.au/press-room/2015/aussie-mine-going-for-gold-nov15.html In Aussie Mine - Going for Gold, we find that companies holding quality gold assets were the shining lights of 2015 with revenues up by 11% and share of mid-tier revenues growing by 5%. Tue, 10 Nov 2015 08:00:00 +1100 http://www.pwc.com.au/press-room/2015/pwc-2015-employer-of-choice-gender-equality-nov15.html PwC Australia is pleased to announce it was selected by The Workplace Gender Equality Agency WGEA as one of 90 organisations in Australia as an Employer of Choice in 2015. Fri, 06 Nov 2015 09:00:00 +1100 http://www.pwc.com.au/press-room/2015/reshaping-and-innovating-at-big-four-banks-nov15.html With record low margins and stubborn expense to income ratios, the major banks must quickly seize the opportunity of the technology revolution or fail to keep pace with expectations. Tue, 02 Nov 2015 13:30:00 +1100 http://www.pwc.com.au/press-room/2015/cyber-security-risks-oct15.html The number of detected cyber security incidents in Australia was the highest worldwide in the last 12 months with an increase of 109 percent, compared to a 38.5 percent increase globally. Wed, 21 Oct 2015 17:30:00 +1000 http://www.pwc.com.au/press-room/2015/financial-system-inquiry-oct15.html PwC partner and financial services leader Julie Coates said the Federal Government's response to the Financial System Inquiry Report was encouraging. Tue, 20 Oct 2015 17:30:00 +1000 http://www.pwc.com.au/press-room/2015/digital-disruption-oct15.html Australia lags behind the world's best corporate performers in all ten indicators of digital intelligence needed to drive financial performance. Tue, 20 Oct 2015 11:30:00 +1000 http://www.pwc.com.au/press-room/2015/australian-and-allies-oct15.html As global challenges increase, Australia’s defence budget is growing, while the US and most other allies have been decreasing their defence resources. Thu, 15 Oct 2015 10:30:00 +1000 http://www.pwc.com.au/press-room/2015/australian-obesity-report-oct15.html The economic impact of obesity will reach $87.7 billion and affect one-third of Australians by 2025 based on current trends and without further intervention. Wed, 14 Oct 2015 10:30:00 +1000 http://www.pwc.com.au/press-room/2015/progress-on-carbon-oct15.html Australia will need to nearly double its historic rate of decarbonisation, if it is to meet its goal of a 26 percent decrease in carbon emissions. Mon, 12 Oct 2015 15:30:00 +1000 http://www.pwc.com.au/press-room/2015/global-revenues-increase-oct15.html The PwC network reported total global gross revenues of US$35.4 billion for the fiscal year ended on 30 June 2015. Thu, 8 Oct 2015 11:25:00 +1000 http://www.pwc.com.au/press-room/2015/pharma-industry-sep15.html Regulation, compliance, and price pressure are slowing access to potentially life-saving new medicines, and undermining industry confidence in the current listing process. Wed, 23 Sep 2015 09:00:00 +1000 http://www.pwc.com.au/press-room/2015/joint-ventures-china-sep15.html A new PwC survey has found that 70 per cent of major Australian companies are planning to enter new joint ventures or strategic alliances to drive growth from the Chinese market. Mon, 21 Sep 2015 14:00:00 +1000 http://www.pwc.com.au/press-room/2015/asia-region-funds-passport-sep15.html PwC’s asset management leader, Ken Woo, said Japan’s commitment to creating a regional market for managed funds represents a ‘tipping point’ in terms of momentum for the initiative. Mon, 14 Sep 2015 10:00:00 +1000 http://www.pwc.com.au/press-room/2015/indigenous-sight-aug15.html The eyesight of more than 32,000 Aboriginal and Torres Strait Islander people would be saved if the Government invested just $227 million over 10 years, a new report has found. Tue, 1 Sep 2015 09:00:00 +1000 http://www.pwc.com.au/press-room/2015/insurance-banana-skins-aug15.html Cyber risk, political interference, and macro-economic volatility rank among the top sources of anxiety for Australian insurers, according to a joint PwC and Centre for Financial Innovation (CSFI) report released today. Mon, 31 Aug 2015 09:00:00 +1000 http://www.pwc.com.au/press-room/2015/small-business-aug15.html Australian small businesses can unlock an additional $49.2 billion in output over the next ten years by making better use of existing technology, PwC analysis commissioned by Google released today shows. Mon, 17 Aug 2015 10:00:00 +1000 http://www.pwc.com.au/press-room/2015/pwc-legal-aug15.html PwC Australia welcomes Murray Deakin as a Partner in PwC Australia’s Tax & Legal Practice to drive further growth in their legal team. Tue, 11 Aug 2015 11:00:00 +1000 http://www.pwc.com.au/press-room/2015/pwc-fy15-full-year-result-jul15.html PwC Australia today announced its full year results to 30 June 2015 with revenue growth of 10.1% to $1.73b, supported by another year of strong profit growth. Wed, 28 Jul 2015 14:00:00 +1000 http://www.pwc.com.au/press-room/2015/tom-seymour-tax-reform-forum-jul15.html At PwC we have put significant effort into generating a national conversation about Australia's tax system and the need to improve it. Wed, 15 Jul 2015 12:00:00 +1000 http://www.pwc.com.au/press-room/2015/stem-innovators-jul15.html Two young Australian innovators are ready to take their ventures to the next level after sharing in $20,000 in seed funding from PwC during a live pitching event held by the Foundation for Young Australians. Wed, 1 Jul 2015 11:00:00 +1000 http://www.pwc.com.au/press-room/2015/leveraging-mature-age-workers-jun15.html Australia jumped five places to 15th in OECD rankings for employment of mature age workers. Mon, 29 Jun 2015 11:00:00 +1000 http://www.pwc.com.au/press-room/2015/pwc-welcomes-new-partners-jun15.html PwC today announced their new partners from 1 July 2015. A total of 64 individuals will be admitted to the partnership across all of the firm's businesses and most of its geographies. Mon, 29 Jun 2015 06:00:00 +1000 http://www.pwc.com.au/press-room/2015/gem-jun15.html Unique granular modelling of over 2,000 locations across Australia uncover how fragmented and concentrated our economy is. Thur, 25 Jun 2015 15:00:00 +1000 http://www.pwc.com.au/press-room/2015/family-business-wealth-jun15.html PwC Australia has appointed David Smorgon OAM as the Executive Chairman of its Family, Business & Wealth practice in Private Clients. Thur, 25 Jun 2015 08:45:00 +1000 http://www.pwc.com.au/press-room/2015/sa-budget-jun15.html The South Australian Budget focus on tax cuts is a welcome move by the Weatherill Government to reduce costs to business and grow the economy. Fri, 19 Jun 2015 09:00:00 +1000 http://www.pwc.com.au/press-room/2015/entertainment-media-outlook-grow-jun15.html Australian entertainment and media market is forecast to grow to $43.4 billion by 2019, a compound annual growth rate of 4.2 percent. Mon, 15 Jun 2015 09:00:00 +1000 http://www.pwc.com.au/press-room/2015/free-trade-agreements-jun15.html The Abbott Government's tough negotiations in an effort to seal an Indian Free Trade Agreement (FTA) next year should see 70 per cent of Australia's two-way trade covered by a free trade agreement. Mon, 15 Jun 2015 09:00:00 +1000 http://www.pwc.com.au/press-room/2015/mine-2105-jun15.html The global mining industry's fight for value and free cash flow has descended into a brawl, after 2014 saw the world's 40 largest miners ramp up production, slash capital spending, and rein in costs. Fri, 5 Jun 2015 09:00:00 +1000 http://www.pwc.com.au/press-room/2015/sacred-cows-29may15.html The needs of all Australians - affordable housing, a secure job, a decent education for their children, a good health system and a comfortable retirement - will not be met if we don't achieve major tax reform. Thu, 29 May 2015 10:00:00 +1000 http://www.pwc.com.au/press-room/2015/camp-28may15.html Young leaders from Australia and China are working together to provide creative solutions to issues facing both countries as part of the China Australia Millennial Project (CAMP). Wed, 28 May 2015 16:00:00 +1000 http://www.pwc.com.au/press-room/2015/power-utilities-may15.html The pace and scale of disruption in the power and utilities sector is happening faster than expected. Wed, 20 May 2015 09:00:00 +1000 http://www.pwc.com.au/press-room/2015/pragmatic-budget-13may15.html Driving workforce participation, support for small businesses and much needed investment in infrastructure make this a pragmatic budget. Wed, 13 May 2015 11:00:00 +1000 http://www.pwc.com.au/press-room/2015/credit-growth-may15.html Australia’s four major banks delivered combined underlying cash earnings of $15.5 billion for the first-half to March 2015. Thu, 7 May 2015 09:00:00 +1000 http://www.pwc.com.au/press-room/2015/more-carrot-may15.html Early reports of what is in next Tuesday’s Federal Budget indicate “more carrot and less stick” to help lift productivity and tighten the fiscal gap. Wed, 6 May 2015 15:00:00 +1000 http://www.pwc.com.au/press-room/2015/stem-skills-apr15.html While technology and innovation are transforming our economy, they are also the solution to our workforce and growth challenge. Thu, 30 Apr 2015 09:00:00 +1000 http://www.pwc.com.au/press-room/2015/japanese-corporations-apr15.html The key to Japan's economic future lies in growing it's engagement with the countries on its doorstep, according to a PwC report released today. Tue, 21 Apr 2015 09:00:00 +1000 http://www.pwc.com.au/press-room/2015/diversity-advisory-board-apr15.html PwC Chief Executive Luke Sayers today announced the members of an external advisory board charged with moving the firm towards greater diversity and inclusion among its people. Tue, 14 Apr 2015 09:00:00 +1000 http://www.pwc.com.au/press-room/2015/big-city-apr15.html Greater Sydney generates 23% of the Nation's GDP and will be a city of 8 million, up from 4 million, in the next 40 years. Tue, 7 Apr 2015 09:00:00 +1000 http://www.pwc.com.au/press-room/2015/gender-gap-apr15.html The workplace gender gap is at its widest among the expat community with only one in four Australian females currently working overseas, PwC People Business Partner Jonathan Dunlea said today while launching a new report. Wed, 1 Apr 2015 10:00:00 +1100 http://www.pwc.com.au/press-room/2015/appian-group-acquisition-apr15.html PwC has acquired infrastructure advisory firm Appian Group, bolstering the firm’s focus on health and social infrastructure, PwC Managing Partner, Deals Sean Gregory announced today. Wed, 1 Apr 2015 09:00:00 +1100 http://www.pwc.com.au/press-room/2015/aussie-inclusion-china-bank-mar15.html The Federal Government's decision to be a part of the Asian Infrastructure Investment Bank is a bold move which encourages long term investment in a growing region which will benefit Australia. Thu, 26 Mar 2015 09:00:00 +1100 http://www.pwc.com.au/press-room/2015/widening-gender-pay-gap-mar15.html Australia dropped six places to 15th position - the largest drop out of the 27 OECD countries measured. Wed, 3 Mar 2015 09:00:00 +1100 http://pwc.com.au/press-room/2015/womens-leadership-series-feb15.html On Friday 28 February at 4.30am Sydney time, PwC will host its second global forum to students around the world. Tue, 23 Feb 2015 15:00:00 +1100 http://www.pwc.com.au/press-room/2015/government-focus-feb15.html Governments must apply renewed focus to achieve fiscal balance and sustainably reduce the cost of delivery. Tue, 17 Feb 2015 17:00:00 +1100 http://www.pwc.com.au/press-room/2015/un-women-partnership-feb15.html PwC Australia is delighted to announce a partnership with The Australian National Committee for UN Women in a joint effort to promote gender equality. Tue, 17 Feb 2015 15:00:00 +1100 http://www.pwc.com.au/press-room/2015/asian-century-feb15.html If we continue to ignore the rising economic success of our Asian neighbours we will lose our place as a G20 economy by 2030. Thur, 12 Feb 2015 11:00:00 +1100 http://www.pwc.com.au/press-room/2015/world-in-2050-feb15.html Australia must focus on transitioning out of the mining economy or face falling out of the G20. Wed, 11 Feb 2015 08:00:00 +1100 http://www.pwc.com.au/press-room/2015/public-transport-leader-feb15.html PwC has appointed the former CEO of Transdev Australasia, Jonathan Metcalfe, to lead the public transport practice. Wed, 4 Feb 2015 10:00:00 +1100 http://www.pwc.com.au/press-room/2015/global-power-deals-jan15.html The sale of New South Wales' and Queensland's utility assets will be among the most eagerly anticipated power deals globally in 2015, according to a PwC report released today. Fri, 30 Jan 2015 09:00:00 +1100 http://www.pwc.com.au/press-room/2015/adelaide-entrepreneurs-jan15.html For members of Australia's start up community, Adelaide is fast growing the reputation of a national entrepreneurial hub. Fri, 23 Jan 2015 16:00:00 +1100 http://www.pwc.com.au/press-room/2015/ceo-survey-jan15.html CEOs are more optimistic about growth than international counterparts, despite concerns about over-regulation and the Government's response to Australia's fiscal deficit, according to a PwC report launched today. Tue, 20 Jan 2015 20:00:00 +1100 http://www.pwc.com.au/press-room/2015/iaasb-jan15.html After three years in development, the International Auditing and Assurance Standards Board (IAASB) has released a set of standards that are game-changing for shareholders and the profession, says PwC. Tue, 20 Jan 2015 16:00:00 +1100