KPMG is the only ‘big four’ firm operating on the Gold Coast.
The accountancy and audit business has diversified its client base to cater to mining services firms operating in the Bowen and Surat Basins.
“It has been a difficult couple of years, particularly in construction, and retail which no-one really saw coming and is one of the largest employers. However there are positives to come and in the next two years we will see the effects of the light rail and the Commonwealth Games,” says Gold Coast managing partner Paul Steer.
Steer sits on the board at Gold Coast Tourism and is convinced that increased visitation in leisure and corporate events will help spur economic activity.
“The Gold Coast is well placed to take advantage of this increased visitation and Events Queensland is doing a wonderful job in attracting people here for a range of events,” he says.
Steer says a change of the guard at Gold Coast City Council will also bring about a sense of renewal and help to improve sentiment.
KPMG employs around 5200 people Australia-wide, including more than 380 partners, operating out of 13 offices.