A family of Microsoft presentation graphics products that offer tools for creating presentations and adding graphic effects like multimedia objects and special effects with text.
It's a known problem Aidan.
Apparently PPT does make some sort of change to the file (document properties, I'm fairly sure), so the file date changes whether or not you make explicit changes or not.
There's no way to prevent PPT from doing this. It might be worth making Subversion aware of the problem. They might be able to do something to record the file's date/time when it's checked out and restoring the date if it's not checked back in as changed (assuming the user has that sort of options)