Deloitte Australia has acquired leading economics advisory practice Access Economics.
Access Economics has 60 economists, 17 support staff and seven partners. It will now trade as Deloitte Access Economics and joins Deloitte’s economics and infrastructure advisory division, which has 131 staff in Canberra, Sydney and Melbourne.
The acquisition comes two months after Deloitte acquired SAHA Australia, an economic and infrastructure advisory firm that serves the transport, logistics, energy, water and resources sectors.
Deloitte chief executive Giam Swiegers said there is a growing demand for expert knowledge and industry experience in economic consulting, modelling and forecasting for public and private sectors.
“This is driven not only by the pace of regulatory change but also by the critical role that corporate knowledge and expertise is playing in addressing challenging public policy areas, including those that will help shape Australia’s future, such as economic policy, healthcare, financial services, infrastructure development and the delivery of public services,” Swiegers explained.
Queensland suffered one of the worst floods in its history this year, causing damage to much of the state. As a result, the demand for infrastructure advisory services could rapidly grow as the government and private sector rebuilds destroyed roads and buildings.