PwC Australia must come clean and name the partners and staff who shared drafts of confidential tax laws leading to the firm’s infamous 2023 tax leaks scandal, a Senate inquiry into the matter has demanded. The parliamentary probe, conducted by the Senate’s Finance and Public Administration Committee, follows revelations thatContinue Reading
One of Australia’s biggest consultancy firms is investigating its own former chief executive, after a whistleblower alleged Luke Sayers had improperly influenced a public company getting the firm’s travel account. PwC Australia fronted up to a Senate inquiry into the management and assurance of integrity by consultancy services in CanberraContinue Reading
The man at the centre of the Pricewaterhouse Coopers tax leak scandal has copped a massive blow to his reputation with the country’s financial watchdog blocking him from the world of finance until the 2030s. The Australian Securities and Investments Commission announced on Friday it had formally banned former PwCContinue Reading
Senior executives at embattled audit and consulting giant PwC Australia have fronted a Senate inquiry over the firm’s infamous tax leaks scandal. The probe follows revelations that the firm’s former tax partner Peter Collins shared confidential information within the firm regarding multinational tax measures it was helping Treasury to developContinue Reading
Consulting giant PwC has been savaged in an independent review that exposed the firm’s “shadow” culture contributing to its infamous tax leaks scandal. The review, run by former Telstra boss Ziggy Switkowski, was tasked with investigating revelations earlier this year that the firm’s former tax partner Peter Collins shared confidentialContinue Reading
One of Australia’s most profitable firms has been forced to reveal what it pays its partners and the numbers are honestly eye-watering. Top four accounting firm PricewaterhouseCoopers, better known by its abbreviation PwC, is a business run as a partnership, rather than a proprietary limited company, which means all theContinue Reading
The former chief executive of consultancy firm PwC is among eight partners sacked for having direct involvement in the leaking, or covering up, of confidential Treasury information. Former head of international tax Peter Collins – and the firm he once worked for – came under fire last month when itContinue Reading
The acting chief executive of beleaguered consultancy giant PwC Australia has been grilled by a NSW parliamentary committee following a tax leak involving the misuse of confidential information. PwC has been in crisis mode following revelations former taxation partner Peter Collins leaked sensitive and confidential government information to fellow partnersContinue Reading
Beleaguered consultancy giant PwC Australia has named its new chief executive officer and announced it will sell off its government operations to a private equity firm for just $1. The big four financial services firm on Sunday announced it would fly in a new CEO from its Singapore team asContinue Reading
Accounting firm PwC has been under siege the past few weeks over a tax scandal and it’s just been dealt another blow as Russian hackers have obtained sensitive data. Late on Monday, the Australian Financial Review reported that PwC had been caught up in a cyber security breach. A notoriousContinue Reading