Media Centre 2011

Media Centre

Big spending in 2012 for gold mining companies - 21 Dec

Rising gold prices, more acquisitions, and further project development expected in 2012: PwC Report. More…

Productivity slips as tourism stalls - 12 Dec

National labour productivity grew 0.3 per cent in the past 12 months, but actually fell 0.2 per cent compared to the June quarter, according to the PwC Productivity Scorecard released today. More…

Australian PMI®: Flat conditions persist in manufacturing - 1 Dec

Manufacturing activity remained flat in November according to the latest Australian Industry Group - PwC Australian Performance of Manufacturing Index (Australian PMI®). More…

Australia's disability experience - 30 Nov

Quality of life for Australian's with a disability is at a level which is unacceptable, according to a report released by PwC today, Disability expectations - Investing in a better life, a stronger Australia. More…

Intelligent business: PwC expands consulting practice - 29 Nov

PwC has announced today it will further expand its consulting practice with the acquisition of Business Intelligence market leader, Avantis. More…

Australian mid-tier miners flex their muscle - 15 Nov

Net profits for Australia's top-50 mid-tier miners leapt from $38 million in 2010 to $2.4 billion in 2011, underpinning a remarkable year for the sector with demand surging for iron ore, coal, gold and copper, lead by developing markets such as China and India. More…

Australia's silent killer: Heat Waves - 11 Nov

According to PwC's report: Protecting human health and safety during severe and extreme heat events, extreme heat has taken more lives than any other natural hazard in Australia's 200 year history. More…

Banks remain resilient despite ongoing global volatility - 4 Nov

Australia's four major banks (ANZ, CBA, NAB and WBC) delivered strong combined underlying cash profit of $24.4 billion for FY11, a 12.8 per cent increase on the previous year, according to PwC's Major Banks Analysis. More…

Australian PMI®: Pace of manufacturing decline eases in October - 1 Nov

The latest seasonally adjusted Australian Industry Group - PwC Australian Performance of Manufacturing Index (Australian PMI®) contracted in October, albeit at a slower rate than recent months, rising 5.1 points to 47.4. More…

Australian PMI®: Tough trading conditions continue for manufacturers in September - 3 Oct

Manufacturers experienced another tough month in September with the Australian Industry Group - PwC Australian Performance of Manufacturing Index (Australian PMI®) down 1.0 point to 42.3, indicating a further weakening in the sector. More…

Australian companies among the world's best for greenhouse gas emissions reducation - 15 Sep

The 2011 edition of the annual Carbon Disclosure Project (CDP) Global 500* report, has found that Australia and Europe are the strongest performing regions globally. More…

Labour productivity puzzle presents more than one challenge - 12 Sep

National labour productivity grew by less than half a per cent (0.4%) in the year to June 2011, down from 1.7 per cent in the previous year. More…

Reforms aimed at economic growth - 9 Sep

The first budget of the new NSW Government features a set of reforms designed to stimulate growth during challenging economic times and falling Commonwealth revenues. More…

Australian PMI®: Manufacturing weakens further in August - 1 Sep

Manufacturing contracted further in August with the Australian Industry Group - PwC Australian Performance of Manufacturing Index (Australian PMI®) down slightly by 0.1 points to 43.3 to remain below the 50 points level separating expansion from contraction. More…

Franchise Sector mixes up ingredients for growth third year running - 29 Aug

For the third consecutive year, the franchise sector has met or exceeded ambitious targets to deliver double digit revenue and profit growth according to PwC's Franchise Sector Indicator (FSI) released today. More…

Wealth Management CEOs call for certainty - 4 Aug

A survey of CEOs from Australia's 31 leading wealth management companies has found they are frustrated by the uncertainty regarding the Government's regulatory change agenda. More…

Partnerships key to meeting digital challenges - 3 Aug

Australian entertainment & media growth profile is closer to mature economies than faster-growing Asia Pacific economies. More…

Australian PMI®: Manufacturing contracts in July - 1 Aug

The manufacturing sector ticked-up in June on the back of improved performances across the textiles, construction materials, basic metals and chemicals, petroleum and coal sub-sectors. More…

Australian PMI®: Manufacturing ticks up in June - 1 Jul

The manufacturing sector ticked-up in June on the back of improved performances across the textiles, construction materials, basic metals and chemicals, petroleum and coal sub-sectors. More…

Global Miners deliver record earnings, but challenges ahead - 7 Jun

Revenues for the world's 40 largest Miners leapt 32 per cent to a record $435 billion from surging commodity prices and strong production output in 2010. More…

Australian PMI®: Manufacturing continues to contract in May - 1 Jun

The manufacturing sector continued to contract in May with only three of the twelve sub-sectors experiencing growth according to the latest Australian Industry Group – PwC Australian Performance of Manufacturing Index (Australian PMI®). More…

PwC insight at private businesses' fingertips - 26 May

The ninth edition of PwC's Private Business Barometer is now available at the touch of a screen as an iPad app. More…

Survival of the fittest: businesses put to the test - 17 May

The agility of Australian and New Zealand organisations will come under the microscope for the first time in a study launched today by the University of Melbourne and leading professional services firm PwC. More…

Budget builds talent pool for private businesses - 11 May

Plans to build Australia's workforce, unveiled in last night's Budget are a step in the right direction for private businesses. More…

Health response to Federal Budget - 11 May

Healthcare is potentially in 'good shape' for the next few years following the Federal Government's Budget announcement, according to PwC partner John Cannings. More…

Tax reform response to Federal Budget - 11 May

The Federal Budget was tax reform 'light' but paves the way to drive fundamental change to the tax system at the national tax forum in October, according to PwC tax partner Tim Cox. More…

PwC Federal Budget Response: High net wealth individuals (Personal) - 11 May

The 2011-12 Budget has failed to address a substantial inequity with the Fringe Benefits Tax (FBT) rate remaining at the top marginal rate (46.5 %). More…

Budget brings only partial relief for excess super contributions - 11 May

Australians' Superannuation arrangements will be largely unaffected by last night's Federal budget according to PwC Partner Mike Forsdick. More…

Budget no game-changer for Infrastructure - 11 May

While the Federal budget brought some positive changes in terms of transparency, taxation and policy development for infrastructure, it will not deliver a game changer in terms of investment in new projects says PwC Partner Joseph Carrozzi. More…

Economic overview: PwC response to 2011-12 Federal Budget - 10 May

The Labor Government's fourth Budget focuses on microeconomic reform aimed at boosting skills formation and labour force participation rather than macroeconomic reform, according to PwC Advisor, Economics and Policy Saul Eslake. More…

Banks deliver record interim performance but future earnings growth challenging - 5 May

Australia's four major banks (ANZ, CBA, NAB and WBC) delivered a record combined underlying cash profit of $12.0 billion for the first half of FY11 – a rise of 16% over the prior corresponding period (pcp), according to PwC's Major Banks' Analysis. More…

Australian PMI®: Manufacturing remains in negative territory - 2 May

Significant declines across transport equipment, textiles and miscellaneous manufacturing, largely due to the strong Australian dollar, kept the manufacturing sector in negative territory in April according to the latest Australian Industry Group - PwC Australian Performance of Manufacturing Index (Australian PMI®). More…

Growing transparency in NFP sector - 14 Apr

Undertaken in collaboration with the Institute of Chartered Accountants in Australia (the Institute) and the Centre for Social Impact (CSI), the Awards recognise and encourage improvement in the quality and transparency of reporting in the Australian not-for-profit (NFP) sector. More…

Slow reform taxing Australia's competitiveness - 11 Apr

Two years after the GFC Australian businesses remain burdened by a complex and uncompetitive taxation system, according to PwC's fourth Total Tax Contribution report, released today. More…

Australian PMI®: Strong exchange rate restricts manufacturing growth in March - 1 Apr

The strong Australian dollar together with weak domestic demand, rising overseas competition and the increasing cost of raw materials pushed the manufacturing sector back into the red in March according to the latest Australian Industry Group – PwC Australian Performance of Manufacturing Index. More…

Australian PMI®: Manufacturing lifts in February - 1 Mar

Manufacturing was back in growth territory in February with the seasonally adjusted Australian Industry Group-PwC Australian Performance of Manufacturing Index rising 4.4 points to 51.1. More…

Relief for Westpoint investors - 1 Feb

Westpoint Group investors may recover an additional $67.45 million through the liquidation process following the settlement of legal actions conducted by ASIC on behalf of the Westpoint Group of Companies, said PwC partner Derrick Vickers Liquidator of the Westpoint Mezzanines companies. More…

Australian PMI®: Manufacturing remains subdued in January - 1 Feb

Manufacturing had a soft start to 2011 with the January Australian Industry Group - PwC Australian Performance of Manufacturing Index relatively unchanged at 46.7 points, up 0.4 points and remaining below the critical 50 point level for the fifth consecutive month (readings below 50 indicate a contraction in activity). More…

Australian CEOs Upbeat And Poised For Growth - 27 Jan

Australian CEOs are no longer looking for signs of the GFC in their rear view mirror. Their sights are now set squarely on the road to growth ahead in the next 12 months according to PwC's 14th global CEO surveyed released today. More…

Australian PMI®: Soft end to year for manufacturing sector - 4 Jan

There was continued softness in the manufacturing sector in December with few signs of any pick up according to the latest seasonally adjusted Australian Industry Group - PwC Australian Performance of Manufacturing Index which fell 1.3 points to 46.3 to remain below the 50 point level separating expansion from contraction. More…