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The Latest Breaking News from Deloitte

Consulting firms' problems fuelled by pursuit of growth

A Senate committee has been told stories of toxic work culture and conflicts of interest, which experts say are driven by the "aggressive pursuit of growth".

AAP

Making corporate social impact sprawl work for you

Corporate social impact sprawl is increasingly a feature of today’s commercial realities, not a bug.

Fortune

Average income of Deloitte UK partners tops £1m for third year in a row

Payouts rose by 5% after operating profits increased to £756m and pension advisory business was sold

The Guardian - UK

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Women drop $15 billion more annually on medical expenses than men. How employers can fix the covert health insurance ‘pink tax’

That's excluding pregnancy costs, believe it or not.

Fortune

Credlin: Indigenous spend of $40bn pa ‘spot on’

Sky News Australia host Peta Credlin says Kamahl’s debunked claim that $40 billion a year is spent on Indigenous peoples is ‘spot on’, and Save the Children says 33 Australian women and children have been held illegally in a Syrian camp for four years.

Crikey

Morning Mail: Court clash over Australians in Syria camp, potential flu breakthrough, Trump goes ‘full fascist’

Activists hope to force government to bring home Australians stuck in ‘dire’ camp; scientists think cell discovery could aid vaccine development

The Guardian - AU

Australia’s corporate watchdog launches ‘confidential proceedings’ against Deloitte partner

The partner has been referred to a disciplinary panel for investigation, the firm tells a NSW parliamentary inquiry

The Guardian - AU

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Deloitte study shows fans frustrations with sports streaming

The live sports streaming landscape is just so vast.

The Street

The Top Dog Salaries At One Australia’s Biggest Firms Have Leaked Online & Yeah, Eat The Rich

One of Australia's top consultancy firms has had the pay packets of its partners published as a result of a Senate inquiry. Eat the rich.

Pedestrian.tv

Another point for remote work: It’s better for the Earth

Remote work is helping offices slash their carbon footprint and killing the commute, resulting in up to 54% lower emissions, new research finds.

Fortune

Biden advisor tells CEOs to ignore backlash against climate action

CEOs at the event expressed their commitment to addressing climate change.

Fortune

Millennials and Gen Z are filled with regret over things they bought because of social media

Younger generations are most vulnerable to the pull of online shopping.

Fortune

Target makes major changes to save you money

The retailer is overhauling its approach to the busy holiday shopping season to make the experience better and more affordable.

The Street

Not a single Fortune Global 500 company made a new net zero commitment last year

"The backlash [against ESG] is having an effect," says Sheri Hickok, CEO of Climate Impact Partners.

Fortune

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Fortune

The 2 questions companies need to ask for social impact

When it comes to social impact, companies "need metrics and data to show that it's working, but you also can't pull out before things actually take hold," says Discovery Education's Amy Nakamoto.

Fortune

ESG proponents are going back to basics by prioritizing employees and customers

They're combating a hostile environment toward ESG by focusing on their bottom line.

Fortune

Managing corporate social impact sprawl: How disparate purpose-related efforts can be assets, not a mess

Whether an organization likes it or not, the social impact genie can’t be put back into the bottle.

Fortune

CFOs are still cautious about generative A.I. and only 15% are incorporating it into corporate strategy

Finance chiefs are weighing the upsides and downsides of the technology, according to a Deloitte report.

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Fortune

There's a housing shortage and an office glut. So why are there only 217 U.S. office-to-resi conversion projects in the pipeline?

Ongoing office-to-residential conversions are just a "drop in the bucket" of the projects to come, CBRE researchers say.

The Independent UK

Premier League summer spending exceeds £2bn for the first time

Deloitte’s analysis showed the 2023 summer transfer window exceeded the previous record of £1.92bn, set only last summer, by almost £440m.

The Independent UK

Premier League’s £2b transfer window shows incredible pace of growth – Deloitte

The milestone was surpassed for the first time in advance of Friday’s deadline.

The Guardian - AU

Deloitte joins RBA in tipping 4.5% Australian jobless rate thanks to slow consumer spending

Slowdown in consumer is finally flowing through to Australia’s jobs market, according to the latest forecasts from Deloitte Access Economics

The Independent UK

Premier League clubs take summer spending to nearly £2billion with week to go

Spending had reached £1.95bn by midday on Friday, Deloitte said.

The Guardian - UK

CBI to step back early from top firms’ boardroom diversity initiative

High-profile companies reportedly discussed cutting ties with the business lobby group

The Canberra Times

The ACT government's biggest 2022-23 contracts revealed

The government also entered into more than 1100 new contracts.

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