The latest news and media releases from KPMG in Australia.
KPMG Australia’s Energise Accelerator has delivered over A$650,000 in pilot projects and prizes to eight startups looking to bring their disruptive technology to the energy and natural resources sector.
A significant number of ASX200 companies are now ‘cutting the clutter’ from their annual reports according to a KPMG study of financial reports.
Opening address at the Australian Financial Review Tax Reform Summit by David Linke, KPMG National Managing Partner – Tax.
The insurance sector is struggling to innovate, with half already being disrupted by new, more nimble competitors according to a KPMG global survey.
Grant Wardell-Johnson, KPMG Tax Partner, comments on the September 2015 Multinational Anti-Avoidance bill.
Australian companies doing business overseas are facing greater challenges on anti-bribery and corruption (ABC) compliance than ever before.
Companies are slow to move to more profitable value-based pricing, according to KPMG's 2015 Australian Pricing Survey of 161 companies.
KPMG has become the exclusive advisory alliance partner with Matchi.biz, a platform connecting banks and insurance companies with fintech start-ups.
KPMG Australia announces its acquisition of Hands-on Systems strengthening its alliance with Microsoft.
A new set of voluntary reporting guidelines have been developed by KPMG Australia and the Australian Association of Angel Investors (AAAI).
Forty-one of Australia’s highest potential fintech startups have been unveiled as Stone & Chalk opens its doors at 50 Bridge Street in Sydney.
Deborah Jenkins, KPMG Tax Partner responds to state and federal treasurers’ announcement on GST
KPMG Australia has increased revenue by 8 percent to $1.21 billion while continuing to increase profitability, for the full year to 30 June 2015.
Downer EDI's annual report included the first ‘enhanced’ audit report, aligned to new international principles, of a company listed only on the ASX.
KPMG Australia has acquired market-leading human rights and social impact consultancy, Banarra.
Australia’s chief executive officers are indicating a striking rise in confidence in domestic and global economic prospects for the next 3 years.
Presents long-term solutions to deal with ‘bracket creep’ and federation issues.
KPMG Australia reveals the start-ups selected to take part in Energise, Asia-Pacific’s largest energy and natural resources (ENR) accelerator.
Companies now have an ATO-set benchmark to establish a tax control and governance framework – and will be expected to comply.
KPMG’s Head of Financial Services responds to the government’s proposals for one-third of super fund directors, and the fund chair, to be independent.
Good time to be a project owner says KPMG as mega projects experience drives project best practice.
KPMG Australia welcomed a firm-record intake of 51 new partners and executive directors, reflecting the firm’s business growth and market confidence.
KPMG report finds leading practitioners are concerned that regulators will not be able to deliver reform.
A new and larger premises has been announced for independent fintech hub, Stone & Chalk, which has outgrown its first home before even moving in.
The Financial Services Council has released a new Disability Income table in conjunction with KPMG Australia - ADI 2007-2011.
KPMG Australia has launched a digital shopfront aimed squarely at embracing market changes and disrupting its traditional business.
Dramatic structural changes have driven strong shifts in the sector, number and types of deals being made by Chinese investors in Australia.
David Linke will be the firm’s new National Managing Partner Tax, effective 1 July 2015.
The ‘sharing economy’ is the next big area of focus for the tax authorities, KPMG has warned.
The Budget ‘missing link’ is the lack of tax incentive for investors to put money into high-tech start-ups compared with other classes of assets.
KPMG Tax Partners respond to key 2015 Federal Budget measures.
KPMG's Grant Wardell-Johnson and Deborah Jenkins on multi-national tax avoidance and online GST.
The Australian major banks (‘the majors’) reported a mixed financial result for the first half of 2015
KPMG Australia has completed its acquisition of the accounting and advisory business of Hayes Knight (WA).
Start-ups will be significantly assisted by new laws on share scheme taxation, KPMG believes.
One of London’s top fintech architects has been recruited as the CEO of Sydney’s new fintech hub, Stone & Chalk.
KPMG releases its Banking for the future report examining the banking and wealth desires of Gen Y professionals.
KPMG Tax Partner Grant Wardell-Johnson shares his views on the Tax Discussion paper.
In a first for a professional services firm in Australia, KPMG is recruiting graduates by playing games!
Applications are open to tech start-ups to apply for Energise, Australia’s largest technology accelerator for the energy and natural resources sector.
KPMG will acquire ASPAC cyber security technology solutions business, First Point Global, as part of a global strategy to expand cyber capabilities.
KPMG has published a paper aimed at helping private and public sector organisations overcome challenges commonly experienced when issuing green bonds.
KPMG agrees with the government that a better tax system could help to boost the economy and the nation’s finances going forward.
NSW Premier announces location, Chair and corporate partners for Fintech hub, to be known as Stone and Chalk.
The Hon Mike Baird MP, Premier of NSW, opened KPMG’s new Parramatta office, part of KPMG Australia’s expansion of its professional services network.
Cyber security and the pace of technological change are issues which most worry Audit Committees regarding the quality of information they receive.
Traditional approaches to solving business problems within the energy and natural resources sector are set to be disrupted as KPMG announces Energise.
KPMG’s Global China Practice released “China Outlook 2015”, its annual review of and outlook for the Chinese economy.
New and revised IAASB auditor reporting standards represent a significant change that will enhance the nature of communications with stakeholders.
KPMG welcomes the Australian Government’s commitment to improve the tax treatment of employee share schemes.
KPMG Tax Partner Grant Wardell-Johnson and KPMG Head pf Indirect Tax Dermot Gaffney respond to OECD BEPS Action Plan Items.
KPMG comments on tax rulings TR 2014/8 (documentation requirements), practice statements PSLA 2014/2 (penalties) and PSLA 2014/3 (simplification).
Grant Wardell-Johnson, KPMG Tax Partner responds to MYEFO
KPMG Capital has taken a substantial equity stake in Bottlenose Inc., a Los Angeles-based real-time trend intelligence company.
KPMG International today announced record-high aggregated network revenues of US$24.82 billion for the fiscal year ending 30 September 2014.
ASPAC CEOs see a powerful future ahead for the CFO, but almost one-third of those CEOs feel their CFO is not ready for the challenge.
Together with AWI and the Financial Services Council (FSC), KPMG Australia has launched the '50 Best Fintech Innovators’ report.
KPMG and Advance have signed a strategic alliance, aimed at fast-tracking the business growth of Australian entrepreneurs.
KPMG response to tax aspects of the Financial System Inquiry.
Together with GRI Focal Point Australia and CPA Australia, KPMG has launched research into how Australian businesses create value from sustainability.
The Government's move to reduce the R&D tax incentive for large companies is a retrograde step for innovation in Australia, warns KPMG.
KPMG has acquired independent chartered building and environmental firm, SGA Property Consultancy, with the combined group to be known as KPMG SGA.
KPMG Australia and Artesian sign strategic partnership to provide Australian high growth start-ups with a new structure of support and capital.
The Mutuals experienced a challenging 2014 full year, delivering dramatically different results to the major banks.
KPMG responds to tax aspects of G20 Communique.
The primary motivator for Chinese investing in Australia is profitability, reports a survey by KPMG and The University of Sydney’s China Centre.
The Australian major banks (the majors) reported another strong financial result for the 2014 full year, although tensions are rising.
KPMG Australia has announced the hiring of senior lawyers from Maddocks’ tax controversy practice.
Sydney could become a leading Asia Pacific hub for 'Fintech' but, according to new research, Sydney must act now to secure its fair share.
Australia's insurers delivered record post-GFC profit results, but KPMG warns of significant challenges ahead driven by intensified competition.
KPMG International study finds metals, mining and engineering companies are investing in social programs but few are reporting their impact.
KPMG responds to the OECD’s first recommendations to the G20 on its 'Base Erosion and Profit Shifting' ('BEPS') project.
Retailers should rethink the role of loyalty management to improve relevance with their customer base, finds KPMG research.
KPMG International report finds companies need a better understanding of the value they create for society to protect and create corporate value.
KPMG is expanding into Greater Western Sydney, supporting the region’s rapidly-growing economy with the opening of a new office in Parramatta.
The Australian manufacturing sector has a cautious attitude, focusing on existing product lines rather than taking a transformational approach.
KPMG Australia delivered revenues of $1.12 billion and increased profitability for the year ended 30 June 2014.
A global KPMG survey has shown that the majority of countries are not processing GST refunds efficiently.
Australian banks and insurers have avoided the worst effects of an eagerly-awaited international accounting standard on provisioning for bad debts.
KPMG has entered into an agreement to acquire the business of boutique consultancy Momentum Partners as well as a Karratha accounting practice.
KPMG responds to the Murray Inquiry, released today.
KPMG has appointed Paul Howes a director in its market-leading Advisory practice, commencing on 21 July 2014.
KPMG celebrates the appointment of 38 new partners and executive directors, up from 35 last year, reflecting investment across all divisions.
Shareholders in junior mineral exploration companies to enjoy $100m tax credits boost as Minister unveils Exploration Development Incentive scheme.
Companies entering new era of governance responsibilities as revised ASX Corporate Governance Principles and Recommendations apply from 1 July.
KPMG warns of potential difficulties with the automatic exchange of tax information, a key part of the OECD’s and G20’s plans on global tax avoidance.
Noeleen Robertson, KPMG Tax Director, International Executive Services, gives her planning tips ahead of end of financial year.
KPMG International launches KPMG Insights Labs, a virtual R&D center aiming to develop data-driven business solutions for KPMG member firms’ clients.
KPMG International study finds companies are investing in social programs but few are reporting the impact these investments have.
Telecoms, software and construction are some of the sectors which will be most affected by a long-awaited revenue accounting standard.
KPMG's reaction to the 2014 Federal Budget.
Australia's major banks delivered a solid financial result driven by even lower bad debt charges and improved revenues from new home lending.
Australia needs tax reform if the social compact between taxpayers and government is to be maintained over the next decade, KPMG warns today.
Students from around the world competed for the KPMG international title by developing innovative solutions to complex real-world business issues.
KPMG and The University of Sydney Demystifying China interactive website launched by Minister for Trade and Investment, the Hon Andrew Robb MP.
KPMG continues to build its strategy consulting capability, adding the senior Melbourne team of Pacific Strategy Partners to its Australian practice.
KPMG study shows big improvement in corporate reporting of ASX 51-100 listed companies, but there are still many areas for development.
KPMG International (KPMGI) announced today that John B. Veihmeyer’s selection as Global Chairman was ratified by the firm’s Global Council.
KPMG cautions that a new third party data reporting system could burden the financial services industry with considerably more administration.
KPMG today launched the Demystifying Chinese Investment in Australia, March 2014 Update with the University of Sydney's China Studies centre.
John B. Veihmeyer will be KPMG’s next Global Chairman, succeeding Michael Andrew who is retiring after serving as Global Chairman since May 2011.
KPMG today confirmed that its Sunshine Coast regional office will leave the KPMG network on 1 March 2014.
KPMG continues to expand its digital capability, announcing its acquisition of leading Australian social media intelligence company, SR7.
KPMG finds that awareness and take-up of anti-money laundering (AML) measures across the financial services industry is behind the global average.
KPMG Australia has announced that the Cairns regional office will leave the firm’s member network effective 1 March 2014.
Executives see value of data and analytics, but 85 percent face challenges in analysing their existing data.
KPMG International (KPMG) today announced record-high aggregated revenues of US$23.42 billion for the year ending 30 September.
Australia's top 100 companies show a significant rise in the number of companies reporting on corporate responsibility.
KPMG today launched Australia's first Reconciliation Action Plan (RAP) incorporating an assessment of social impact.
KPMG today announced it has signed a 15-year conditional lease agreement with Walker Corporation at Collins Square.
Although Australia’s Mutual Banks faced another testing year in 2012/13, the industry’s confidence for growth in the year ahead is increasing.
KPMG welcomes the International Accounting Standards Board’s new general hedge accounting standard – IFRS 9 Financial Instruments (2013).
Technology is playing an increasingly significant role in fraud, finds KPMG International’s latest study, Global Profiles of a Fraudster.
KPMG International today announced the formation of KPMG Capital, a new investment fund created to help clients unlock the value of their big data.
Australia's major banks continue to deliver recording strong profit results for the 2012-2013 year as they position themselves for future challenges.
Research finds that China is not yet a major agricultural investor in Australia and owns less than 1 percent of Australian farmland.
KPMG and Coupa have signed a strategic alliance to enhance sourcing and procurement efficiency and effectiveness.
After prolonged economic uncertainty, a majority of companies in the global engineering and construction sector have renewed confidence in growth.
KPMG Australia is taking a proactive stance to address gender diversity in its workplace by introducing targets for the first time.
Australia's insurers have posted substantial profit increases in 2013 however significant challenges lie ahead.
Australian family business owners see themselves as more adaptable and resilient to market according to the 2013 Family Business Survey.
KPMG in Australia continued to execute its client-focused strategy, delivering sound revenues of $1.113 billion for the year ending 30 June 2013.
A new study released by KPMG demographer Bernard Salt reveals the lengths some Australians will go to retain their Gold Coast lifestyle.
KPMG International's latest Global M&A Predictor shows that deal appetite are higher than it was 12 months ago.
MVNOs are leading in customer experience in certain key areas Significant opportunities for telcos to differentiate themselves on customer experience.
The OECD's Action Plan on Base Erosion and Profit Shifting is a significant development in global collaboration to modernise international tax.
KPMG International's Chairman, Michael Andrew, has announced a number of changes to KPMG's Global Executive Team.
KPMG has today announced the appointment of 35 new partners and executive directors to its Australian firm, up from 30 last year.
The IASB have issued a revised exposure draft of its proposals for a new insurance contracts financial reporting standard (IFRS 4 Phase II).
Australia's major banks have posted respectable profit growth for the 2012-2013 half year.
KPMG has agreed to acquire Makinson Cowell, one of Europe's leading independent equity markets advisory firms.
KPMG has confirmed John Somerville as its new National Managing Partner, Advisory effective from 1 July 2013.
KPMG has welcomed the publication of the International Integrated Reporting Council's (IIRC) Draft Integrated Reporting Framework.
The Chairman of KPMG Australia, Peter Nash, has announced the board of KPMG Australia will appoint Gary Wingrove as its new CEO effective 1 July 2013.
Top students compete for international title by developing innovative solutions to complex real-world business issues.
Australia is not doing enough to attract the necessary capital it needs to fund its future energy requirements.
Research into Chinese direct investment reveals some new and potentially significant changes to the pattern of Chinese outbound direct investment.
KPMG has appointed senior infrastructure banker Roddy Adams to lead a new regional infrastructure team based in Singapore.
KPMG has released the country's first Reconciliation Action Plan (RAP) App – an interactive iPad App, showing KPMG's journey towards reconciliation.
As more organisations realise significant benefits from the adoption of cloud, the importance of cloud to the CIO agenda can no longer be questioned.
A three-fold increase in major fraud over 15 years is still not enough to prompt senior management to view fraud as a serious problem.
Australian companies rank highly in the 2013 international gold awards table for sustainable business, according to The Sustainability Yearbook 2013.
Journalists looking for comment on a particular subject or sector can contact KPMG's media team.
In Australia, KPMG offers audit, tax and advisory services through around 5,200 professionals in 13 offices.
KPMG’s Australian practice is led by our Chief Executive Officer, Gary Wingrove. The CEO presides over the National Executive Committee.