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  1. EY staff shun internal workplace culture survey due to ID links

    Firm wants to know about racism, bullying, sexual harassment, workload pressure and alcohol at team events in the wake of last year’s suicide. An internal EY survey on workplace culture in the wake of last year’s staff suicide has failed to muster...

  2. EY set for more tax robotics in FY17-18

    are women. However, only 22.2 per cent of the total partnership is female. This is up from 20.6 per cent at the same time last year.

  3. EY scraps plans to split, but recommits to the idea

    plans to split the company after opposition from its US branch and its future now looks uncertain after it emailed partners last night saying it remains committed to the idea. Project Everest, which planned to divide EY into separate audit and...

  4. EY revenue grows 18 per cent, delivers $70m in bonuses

    divisions, EY rebounds despite lingering COVID concerns. EY Australia doubled its revenue growth to 18 per cent over the last financial year, to $2.75 billion, and handed out 70 million in “record bonuses” the company said on Thursday (4 August). That...

  5. EY reveals new chief executive

    strategy and transactions managing partner in 2016. He has been a member of the EY Oceania Executive Leadership Team for the last five years and has been an active member of a number of Asia-Pacific and global leadership committees within the firm. “We...

  6. EY report sheds new light on cybersecurity threat

    happen to us all. “The genie is out of the bottle – and we can’t put it back, we all have to learn to adapt or perish.” Last month, PwC highlighted the “severe and present danger” of cyber risks pertinent to accountants, including those in small...

    • Type: Article
    • Author: James Mitchell
    • Category: Business

  7. EY promotes record number of women to partner

    The firm said the partner intake takes it to 756 partners across Australia, an increase of seven per cent compared to last year, with all being equity partners.

  8. EY moves on pay cuts amid COVID-19 downturn

    significant and prolonged downturn in demand, and re-deployment is not possible, redundancy will be reluctantly applied as a last resort. “We are well aware of how anxious our people are feeling amid this disruption and uncertainty, and we continue to...

  9. EY makes 232 staff redundant as consulting demand plummets

    and uncertain environment, with the market continuing to shift at the fastest pace that we have experienced in the last 15 years,” he said. “This shift in the market is being driven by a range of factors, but is particularly being felt in the demand for...

  10. EY hits out at super changes

    The changes announced in the federal budget last week will pose some challenges to the efficiencies of the superannuation system, according to EY. Superannuation was a key, if not overwhelming, focus of last week’s federal budget. High-income earners...

    • Type: Article
    • Author: Katarina Taurian
    • Category: Super

  11. EY grows revenue by 13% amid downturn

    financial crime, cyber and assurance programs. Mr Johnson also pointed to three of the firm’s acquisitions over the last financial year — Aleron, Cadence Economics and Port Jackson Partners — as one of the factors contributing to its strong results this...

    • Type: Article
    • Author: Reporter
    • Category: Business

  12. EY flags 10 banking risks to look out for

    years. “These issues are akin to those that many, both inside and outside the industry, missed or understated prior to the last financial crisis,” EY wrote. “They are known, crucial issues that banks will need to manage as well as they do now for...

  13. EY finds IPO activity plummets in Q1

    in Q1 2018 raising US$15.4 billion, an increase of 29 per cent in terms of volume and 22 per cent by proceeds compared to Q1 last year. US IPO activity accounted for 36 IPOs raising US$12.8 billion, up 44 per cent in terms of volume and 17 per cent by...

  14. EY cuts 148 staff citing low consulting, financial services demand

    decision" was driven by a “continued downturn in demand” particularly across consulting and financial services. In November last year, the firm cut 232 staff from its headcount, citing similar market pressures. Then, the lion’s share of the redundancies...

  15. EY confirms intention to split, partners to vote

    and stakeholders to share our bold vision for the future that amplifies our purpose of building a better working world.” Last month EY Australia reported revenue growth of 18 per cent to $2.75 billion, putting it second only to PwC among the Big 4...

  16. EY Australia staff in job cuts firing line

    to brace for cutbacks after being “disappointed and embarrassed” by the collapse of the split plan, the Guardian reported last week. It quoted a UK managing partner as saying it would target “inefficiencies” in the business and start cost-cutting in...

  17. EY appoints new strategy and transactions leader

    Cotter has been with the firm since November 2016, when she joined as an infrastructure advisory partner. She has spent the last two years as an infrastructure advisory leader, based in Sydney, and serves on the Infrastructure Partnerships Australia...

  18. EY appoints finance high-flyer before split

    “It is a unique opportunity to be part of what will be one of the most disruptive strategies in any industry this decade.” Last, EY confirmed it planned to split its consulting practice from its audit business to escape conflict of interest rules that...

  19. EY appoints chief sustainability officer

    the appointment of Shannon Cotter as its new Oceania strategy and transactions leader, before announcing 40 new partners last week. Ms Cotter will assume the role from 1 July, taking over from the firm’s incoming CEO, David Larocca. She will also join...

  20. EY announces revenue spike

    market practices grew 8.7 per cent despite tough conditions in a number of emerging markets. This compares to 12 per cent last year. “Emerging markets will continue to drive economic growth for the foreseeable future. By 2020, we’re predicting about 30...

    • Type: Article
    • Author: Michael Masterman
    • Category: Business
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