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The Latest Breaking News from Deloitte

Confessions of a Shopaholic: Men are Bigger Spenders than Women

Stereotypes would suggest it's women who love to shop, but new research shows men do too, and they actually spend more than women.

Kiplinger

Deloitte Budget Monitor predicts significant shift in national debt ahead of federal budget

Multi-billion-dollar tax revenue and high commodity prices will likely result in a far healthier federal budget than initially predicted, according to Deloitte's annual Budget Monitor.

ABC News

Covid era grads are getting trained on how to actually work in the same room with other people

It is more than just "student life" that covid grads missed out on - and it's now on employers to plug the "education gap".

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

Covid era graduates struggle with communication, say Deloitte and PwC

Accounting firms offer extra training on face-to-face presentations and in-person meetings

The Guardian - UK

Reframing flexible work as ‘agile working’ could get even the most stubborn bosses onboard

Most women are worried about asking to set their own hours, a new Deloitte report finds. Bosses who rebrand their thinking on flexibility could fix that.

Fortune

Say goodbye to the company retreat: business travel isn’t ever going back to pre-COVID normal, report says

Inflation, economic pressure and new post-pandemic normals are all weighing on employers’ willingness to send their staff on trips.

Fortune

Talk Talk, Pretty Little Thing and CBRE: The 19 latest appointments in the North West

Latest news on key promotions, hires and departures

Birmingham Post

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Cheerier finance chiefs still worried about troubles ahead

Survey of normally cautious CFOs find them at their most bouyant since 2020

Evening Standard

The Cyprus connection: the family firm that helped pour Abramovich’s millions into Chelsea

Exclusive: Limassol accountant helped Russian oligarchs hide their wealth offshore – now the firm is under UK sanctions

The Guardian - UK

Afternoon Update: Coalition reshuffle promotes voice opponents; RBA hints at rate rises; and Ablett Sr sues AFL over concussion

Liberal leader Peter Dutton signals determined approach to thwart voice after parachuting Jacinta Price into shadow cabinet

The Guardian - AU

Immersive Technology Lands in the Spotlight Via the Metaverse

Growth to take off as virtual interfaces transition from tech toys into tech tools

TV Tech

Offshore cash and huge loans: leak reveals how Roman Abramovich funded Chelsea’s success

Exclusive: Network of companies used to route fortune made from the oil fields of Siberia into Stamford Bridge

The Guardian - UK

Did the Reserve Bank's interest rate hikes put Australia's economy on a 'knife-edge'? A major consulting firm thinks so

A major consulting firm forecasts a "consumer recession" in 2023, warning hundreds of thousands of Australian households are bleeding cash every month.

ABC News

Brexit a big factor in companies snubbing London for New York, says senior economist

UK stock market valuations have slumped since the 2016 vote to leave the EU

Evening Standard

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The Guardian - UK

THG receives buyout proposal from private equity, FTSE 100 posts best run since December 2020 – as it happened

Rolling coverage of the latest economic and financial news, as UK’s blue-chip index heads for seventh day of gains in a row

Fortune

50% of Gen Zers and Millennials say online experiences are meaningful replacements for the real thing

Gen Xers and Boomers are less satisfied with digital substitutes.

ABC News

Jessica Watson shares how lessons learnt at sea helped her navigate the waves of grief over losing partner

Jessica Watson faced life-threatening storms and a collision with a tanker as "the girl in the pink boat" who sailed the world solo, but nothing would be as hard as the tragedy she would face 11 years after her record-breaking voyage.

The Guardian - UK

EY plan to break up consultancy and audit divisions blocked by US office

Accountancy firm confirms work has stopped on radical scheme after internal concerns about structure

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news in one place.

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Fortune

Occidental's Vicki Hollub on what future CEOs need to know before moving into the C-suite

She also recounts what it was like to call Warren Buffett to talk about a deal.

Daily Mirror

Anger as ministers shell out £10,000 a DAY on consultants to stop small boats

Labour's shadow immigration minister Stephen Kinnock said the Government is paying pricey consultants to 'do their job for them' after agreeing a £3.9 million contract for 'leadership services' to end small boat crossings

Financial Times

China truce with business — for now

Worried about decelerating growth, Xi Jinping has launched a charm offensive to convince investors the country is open for business

The Independent UK

Prospective Sheffield United owner publishes audit of his company’s finances

Nigerian billionaire Dozy Mmobuosi has published an independent review by auditors from Deloitte.

The Independent UK

No economic growth forecast until next year as outlook ‘exceedingly uncertain’

The Scottish economy is forecast to shrink by 0.7% in 2023.

Insider UK

Outlook 'now less certain' given mixed economic picture

Latest economic commentary highlights persistent inflation and recent banking collapses

The Guardian - AU

As Australia faces a ‘hydrogen tipping point’, the energy industry needs smart policies, not huge handouts

The US pouring billions into new technology is a ‘global gamechanger’ Australia must swiftly capitalise on, according to analysts

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