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The Latest Breaking News from Deloitte

Australian academics apologise for false AI-generated allegations against big four consultancy firms

Case studies created by Google Bard AI as part of submission to parliamentary inquiry proven to be factually incorrect

The Guardian - AU

Holiday gridlock. Nearly half of America plans to travel between Thanksgiving and mid-January

Holiday gridlock. Nearly half of America plans to travel between Thanksgiving and mid-January

Get ready for a frantic holiday season.

More UK consumers planning to increase spending this Christmas, survey suggests

More UK consumers planning to increase spending this Christmas, survey suggests

Some 26% of consumers intend to spend more this festive season, up from 19% last year, according to Deloitte’s Consumer Tracker poll.

The Independent UK

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Companies are focused on cost reduction in case of a recession–but they should be preparing for the recovery that will likely happen

'A soft landing may be possible, if not likely.'

These CEOs are rising to the occasion–and condemning the brutal Hamas attack on Israel. The rest of civil society is MIA

More than 75 multinational companies have issued statements with strong condemnation of Hamas’s terrorism, write Yale's Sonnenfeld and Tian.

The average American shopper will drop $1,652 worth of holiday cheer this year, Deloitte predicts

Spending is expected to surpass pre-pandemic levels.

Modern companies need a purpose. Execs share advice

“It’s so incredibly powerful [to] have a very clear sense of your objectives.” Angela Hwang, Pfizer’s chief commercial officer said during a MPW panel.

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When and how to speak out, according to these execs

When and how to speak out, according to these execs

“We want to advocate for certain things; we don’t want to agitate,” Mattel’s executive vice president and chief brand officer said at Fortune’s Most Powerful Women Summit.

Consulting firms' problems fuelled by pursuit of growth

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".

Making corporate social impact sprawl work for you

Making corporate social impact sprawl work for you

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

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

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

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

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.

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

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

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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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.

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.

Biden advisor tells CEOs to ignore backlash against climate action

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

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.

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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.

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.

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.

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.

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.

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.

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