RSM

Perth-based chauffeur company Luxe Charters has gone into liquidation.

An entity related to a developer with plans for a 146 block-estate in the suburb of Southern River has been placed into liquidation.

SPECIAL REPORT: Accounting firms are widening their services into new areas as they seek a competitive edge.

Over the course of two decades, Deloitte has overtaken all its major rivals to become the largest accounting and consulting firm in Western Australia, helped by multiple acquisitions.

Multinational accounting firm RSM says thousands of small businesses across the country are likely to collapse as a result of the COVID-19 pandemic, as government stimulus packages fail to address the financial challenges faced by a large number of affected operators.

Concerns have been raised that eligibility criteria for Prime Minister Scott Morrison’s $130 billion bailout plan for business is too restrictive and many businesses with spiralling revenue projections could miss out, and with Parliament in recess, first payments are unlikely to be available until May at the earliest.

ASX-listed funds manager and retail landlord Primewest has offered to cover the cost of professional advice for its retail and commercial tenants affected by COVID-19, in a partnership with multinational accounting firm RSM.

Accounting firm RSM Australia has recruited Pippa Hobson and some of her risk consulting team, shortly after Ms Hobson left competing firm BDO.

The company formerly known as HotCopper has reported a big increase in its investments in clients’ shares, with revaluation gains leading to a modest annual profit.

Few people are aware of a tax scheme that makes startup investments an attractive opportunity.

Staff numbers at WA’s accounting firms have experienced their largest fall in more than 20 years, though the change was highly variable.

Perth’s major accounting firms have about 70 per cent of their staff back in the office after COVID, but lots of variation sits behind that number.

Brett Cohen has been appointed partner-in-charge at Clayton Utz’s Perth office, while Justin Audcent has been promoted to partner Perth corporate finance at RSM.

Embattled residential construction company Mener Group has launched legal action against its former directors in a bid to recover the $1.27 million it owes its creditors.

Two recent acquisitions have helped Deloitte extend its lead as WA’s largest accounting and consulting firm.

Perth-based mining consultant Process IQ has been sold to global mining and product services business Molycop.

The lithium sector has a major role to play in broadening the appeal of Western Australia’s resources offerings, a recent RSM forum has heard.

The buoyant WA economy is creating plenty of opportunities for accounting firms, but their growth has been highly varied.

Firm Construction has fallen into administration, with director Mark O'Gorman saying the business had been doing everything it could to overcome financial challenges.

Potential buyers are assessing bids to rescue Firm Construction, which entered administration in late November.

The Department of Finance has asked WA Police to investigate Firm Construction, while the company’s administrators say Firm may have misrepresented its financial position.

A WA firm chosen to build a workforce village in Kalbarri has gone bust one month after being dropped as preferred proponent by the state government.

Simone Grogan and Jack McGinn discuss the view ahead for those in the restructuring and insolvency industry.

The state government has stepped in to secure the future of Bunbury’s Dolphin Discovery Centre, putting up $1.5 million to pull the tourist attraction out of administration.

The industry has largely welcomed the federal budget’s investment in housing, but say more needs to be done if the country is to reach its housing targets.

Indigenous firm IPS Management Consultants is the big winner from the latest round of state government contracts to provide small business advisory services across WA.

Our weekly appointments wrap includes Hayley Vale, Murray Fong, Sherry Duhe, Carl Askew, Sharon Wood-Kenney and Anthony Miller.

A list of notable businesspeople has weighed in on the future of Perth, including Wesfarmers chairman Michael Chaney, property developer Adrian Fini, and WA chief scientist Peter Klinken.

WA generally outperformed national office numbers for the big four accounting firms, while mid-tier players bolstered their presence in the state.

The Pastoralists & Graziers Association of WA has entered voluntary administration after discovering ‘serious financial misconduct’ last week.

Administrators of the Pastoralist & Graziers Association of WA have requested police further investigate financial misconduct at the organisation.

A Wheatbelt farmer has spruiked the financial benefits of carbon farming as pressure mounts on the industry to adopt stronger sustainability goals.

Administrators of The Pastoralists and Graziers Association of WA say the group is expected to return to committee hands in coming weeks after a deed of company arrangement was accepted.