Embattled consultancy firm PricewaterhouseCoopers (PwC) is shedding more than 330 jobs and will close one of its major offices in South Australia. The Adelaide-based “skilled services hub” that supports government and private clients will be axed, with 141 roles there to be made redundant. On top of that, a furtherContinue 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
Law-breakers will face eye-watering penalties and regulators will get sweeping new powers in what is being called the “biggest crackdown” on tax misconduct in the nation’s history. The federal government has touted the overhaul as a response to the “severe shortcomings” in regulatory frameworks, exposed by the scandal engulfing beleagueredContinue Reading
The CEO of the Australian arm of a major multinational consultancy firm admits he’s not worth his pay packet, which is seven times that of the Prime Minister. Four executives with Deloitte Australia fronted the public hearings into consulting firms on Monday, where they were grilled over employee misconduct andContinue Reading
The CEO of the Australian arm of a major multinational consultancy firm admits he’s not worth his pay packet, which is seven times that of the Prime Minister. Four executives with Deloitte Australia fronted the public hearings into consulting firms on Monday, where they were grilled over employee misconduct andContinue 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
PwC has completed the $1 sale of its government operations to Allegro Funds, with its new owners pledging more than $100m to revitalise the business. The new business name was revealed on Tuesday to be Scyne Advisory, which will be led by leadership teams from of PwC’s Government Health InfrastructureContinue 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