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PwC

This Month

CEO of Chartered Accountants ANZ Ainslie van Onselen.

CA’s Ainslie van Onselen joins the $1 million club

The head of the accounting body has been trying to prove she’s worth every cent of her new $1 million salary.

  • Mark Di Stefano
Assistant Treasurer Stephen Jones says banks, telcos and social media companies are behaving like pubs that take no responsibility for criminal behaviour on their premises.

Rules to rein in rogue tax agents poised to become law

The laws are designed to prevent a repeat of the PwC tax leaks scandal and tighten self-regulation of the sector.

  • Edmund Tadros
Back to work. The Lloyd’s of London skyscraper in London’s financial district.

Lloyd’s of London tracking Monday office attendance

It comes amid growing concerns across businesses that workers are either flouting demands to come into the office more regularly or effectively extending the weekend.

  • Adam Mawardi and Luke Barr
Planning to move to to FTI Consulting (from left): Nathan Schlesinger, Rowan Strain, Tricia Tebbutt, Luke Mitchell and John Forsythe.
LinkedIn 
Supplied 4th OCtober 2024

FTI Consulting in talks to bring on five partners from PwC, Scyne

Boutique advisory firm FTI Consulting is planning to bring on a former PwC partner and four managing directors from PwC spin-off Scyne as part of a push to beef up its healthcare team.

  • Edmund Tadros
Star’s chairwoman Anne Ward at the second Bell inquiry in April.

Star Casino’s bloodied shareholders still paying top dollar

The corporate basket case released its remuneration report, which shows leaders are being paid like it’s an ASX major.

  • Updated
  • Mark Di Stefano
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Recruiters and consultants say our people skills are getting worse the more time we spend on our own in front of screens.

How office workers are losing their social skills

Consultants say incidents of inappropriate workplace behaviour are becoming more common as increasing technology use erodes our people skills.

  • Euan Black

September

The Essential Ingredient sells a range of food ingredients, cookbooks and cookware. PwC has been appointed administrator.

Gourmet grocer The Essential Ingredient falls into administration

The high-end retailer, which has three stores and a big online operation, failed to recover from a difficult trading period during the COVID-19 pandemic.

  • Simon Evans
New PwC chairman John Green writes thrillers and is a fan of mentalism.

PwC chairman sells family publishing business

Hardie Grant has bought up John Green’s family business. Here’s hoping it doesn’t signal an end to his writing.

  • Myriam Robin
Told you it was a cult: PwC’s “The Outside” festival.

The unlikely silver lining to PwC’s $820m scandal

One in five staff appear to have used the opportunity to find and prioritise other means of identity and fulfillment. And succeeded in the quest.

  • Myriam Robin
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PwC’s $820m plunge; China cuts rates; Thousands flee in Lebanon

Read everything that’s happened in the news so far today.

PwC revenue slumps $820m after tax leaks scandal

Takings fell by more than a quarter to $2.35 billion in 2023-24, making it PwC Australia’s worst decrease ever, as the fallout from the crisis continues.

  • Edmund Tadros
Tom Seymour (left) and Luke Sayers appear at a parliamentary hearing into the structure of the big four consulting firms in Canberra on August 2.

Luke Sayers gets dragged into technicolour

Former PwC chief counsel Meredith Beattie colours in the lines of her former boss.

  • Mark Di Stefano
Former PwC general counsel Meredith Beattie testifying at the joint inquiry into the structure of the big four consulting firms in Canberra on Friday.

Former PwC general counsel contradicts former CEOs Sayers, Seymour

A former senior leader at PwC Australia has contradicted former CEO Luke Sayers about whether he was directly warned that allowing Tom Seymour to succeed him would cause the firm problems in future.

  • Edmund Tadros
xx

PwC grilled; ASX hits yet another record; Myer’s rescue plan

Read everything that’s happened in the news so far today.

Opposition Leader Peter Dutton and former senior PwC partner and Liberal minister Jamie Briggs.

Dutton to bring ex-minister back from consulting land

Former senior PwC partner and Liberal minister Jamie Briggs is returning to politics after he leaves his role as corporate affairs leader at professional services start-up Scyne Advisory.

  • Edmund Tadros and Myriam Robin
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PwC China is reeling from financial sanctions from the Chinese government.

PwC China stops work on $210m campus as Evergrande crisis mounts

A lavish training institute on the tropical island of Hainan is under review as the firm reels from fallout from its audits of the failed property developer.

  • Eleanor Olcott, Stephen Foley and Chan Ho-him
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ASX touches record; Regal’s Platinum play; Trump blames Harris

Read everything that’s happened in the news so far today.

PwC US is cutting staff, while growth is down at Deloitte.

Deloitte global revenue growth slows to 3pc, PwC US cuts staff

Deloitte global revenue growth slows to 3 per cent; PwC US cuts 1800 roles; PwC spin-off Vialto to restructure $2.2 billion in debt

PwC general counsel Kylie Gray, Australia chief executive Kevin Burrowes, chief risk and ethics officer Jan McCahey, global board member Paddy Carney and tax and legal leader Chris Morris (on screen).

PwC still has its brass neck

The firm wants new blanket regulations to cover consultancies in an attempt to prevent an event itself caused.

  • Mark Di Stefano
PwC in Shanghai faces a substantial fine and suspension over its failings with Evergrande.

PwC banned from China for six months and fined record $92m

Chinese authorities imposed a huge fine on PwC and suspended the accounting firm from operating over failures in auditing the collapse of real estate giant Evergrande.

  • Trista Xinyi Luo