All service lines delivered an increase on the strong growth results achieved in FY21.

The Consulting practice achieved 24 percent year on year growth, Strategy and Transactions 26 percent, Tax and Law 18 percent and Assurance 8 percent. We also created more than 900 new jobs.”Īcross our service lines, growth was strong in all parts of the business. We also granted an additional 3 ‘EY Unplugged’ leave days throughout the year which involved proactive engagement with our clients and teams to shut the firm and give our people more time to focus on their wellbeing. “These results have enabled us to invest an additional $150M in our people, including upwards of $70M across record bonuses, bringing forward promotions and salary rises by 3 months, additional COVID leave, parental leave and home office assistance. EY Australia also appointed 24 associate partners during the year, 38 percent of whom were women.ĮY Australia completed a number of strategic acquisitions throughout the year including consulting firms Blackdot Consulting Pty Ltd and Cadence Australia Pty Ltd, cyber security company SecureWorx Pty Ltd and forensic accounting specialists Axiom Forensics Pty Ltd.ĭavid Larocca, who has just had his first anniversary as EY’s CEO in Oceania, says EY Australia’s continued focus on its people has been a major factor in its successful year. Forty-five percent of newly promoted partners are women. “We are extremely proud of this result and grateful to everyone at EY for the role they played in achieving it.”ĮY Australia appointed 90 new partners, including 48 promotions to partner and 42 direct appointments.

The results we’ve achieved in recent years demonstrate the very strong momentum we have at EY Australia.” It is a testament to the hard work, innovative-thinking and dedication to exceptional client service from all of our people. Ernst & Young Australia (“EY Australia”) has announced revenue has grown to a record $2.75 billion – a 19 percent increase over the prior year.ĭavid Larocca, EY Region Managing Partner and CEO Oceania said, “By any measure this is an outstanding result, particularly given the ongoing disruptions caused by the COVID pandemic.

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