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The Latest Breaking News from PwC Australia

PwC to cut more than 330 jobs in Australia after scandal over misuse of Treasury information

Consultancy giant will close ‘skilled service hub’ in South Australia with more redundancies across national workforce

The Guardian - AU

Big four consultancy firm partners could be banned from being on board of regulator after PwC scandal

Greens say Labor has agreed to stop senior executives or partners at firms from becoming board members of Tax Practitioners Board

The Guardian - AU

PwC spin-off is 'ready to go' after final approval

Foreign Investment Review Board gives PwC sale approval.

The Canberra Times

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Powerful US and UK committees lobbied to pressure PwC to release report sought in Australia

Exclusive: Richard Colbeck urged counterparts to seek document used to clear firm’s partners of wrongdoing

The Guardian - AU

PwC partner at centre of tax advice scandal banned by Asic for eight years

Financial regulator finds Peter John Collins is ‘not a fit and proper person to provide financial services’

The Guardian - AU

'Totally unacceptable': PwC boss sorry for tax scandal

The new head of PwC Australia has apologised at a Senate hearing for the firm's role in passing on confidential Treasury information to private sector clients.

AAP

PwC Australia blocked from breaking up business by global management in 2018, Senate inquiry hears

Former CEO Luke Sayers says ‘Project Kookaburra’ sought to sell off consultancy business amid concerns about conflicts of interests

The Guardian - AU

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PwC Indigenous gets more taxpayer funds, this time from the Human Rights Commission

The scandal-riddled consultancy firm which owns 49% of its Indigenous arm has managed to be awarded a $121,000 federal government contract.

Crikey

‘This is not over’: Treasury flags further action against PwC Australia over additional breaches of confidence

Exclusive: Move comes after firm admits partner forwarded papers related to confidential consultation with treasury and ATO officials to colleagues

The Guardian - AU

PwC tax leak scandal not isolated to Australia, senators claim

Accounting firm says no evidence confidential information used by partners outside Australia for commercial gain

The Guardian - AU

Beyond the PwC scandal, there’s a growing case for a royal commission into Australia’s ruthless corporate greed

Accounting and consulting group PwC has been front page news ever since its chief executive Tim Seymour stepped down “effectively immediately” in May, when the firm said it had “betrayed the trust” of Australians and promised an independent review of its governance, accountability and culture.

The Conversation

PwC Australia reveals more breaches on heels of scathing report into consultancy scandal

Firm releases ‘statement of facts’ alongside Switkowski review making further admissions about government consultation work

The Guardian - AU

PwC’s ‘rainmaker’ partners often pursue profits ahead of ethics, scathing review finds

Internal review led by former Telstra boss Ziggy Switkowski finds ‘whatever it takes’ culture at accounting firm contributed to serious ethical failure

The Guardian - AU

PwC to restructure board as report into consultancy scandal released

PwC Australia will also commit to publishing audited financial statements

The Guardian - AU

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Crikey

Meet the owners of PwC’s Indigenous Consulting

PwC’s Indigenous Consulting — which has received more than $44 million in federal government contracts — is majority-owned by two individuals.

Crikey

PwC’s ‘Voice’ given $837,000 in new contracts

PwC’s Indigenous Consulting continues to receive government contracts despite fallout from the consultancy’s tax scandal.

Crikey

PwC’s multimillion-dollar ‘voice to Parliament’

Who needs an Indigenous Voice to Parliament when PwC will provide advice on Indigenous issues for a mere $44m?

The Guardian - AU

Consultancy firm used ‘power maps’ of Australian officials to help win government contracts

Accenture’s Peter Burns tells Senate the documents identifying key decision-makers and influence leaders have been used to tender for work

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The Guardian - UK

PwC partners to be paid £906,000 this year

Payment to more than 1,000 UK workers is slight fall on last year’s £1m record as profits decline despite rising revenues

The Guardian - AU

PwC charged health department to provide ‘risk management’ workshop in weeks before scandal

Exclusive: Consultancy firm ran event at Department of Health and Aged Care in December, days before former PwC partner was banned by tax advice regulator

The Guardian - AU

National cabinet announces housing plan – as it happened

This blog is now closed.

The Guardian - AU

PwC did not disclose any conflicts of interest before winning aged care auditing contract

Consulting firm’s contract to audit the Morrison government’s workforce bonus program remains suspended, department confirms

The Guardian - AU

PwC lost track of number of client privilege claims allegedly used to stymie ATO investigations

Consulting firm couldn’t say how many times its former general counsel was involved in privilege claims made to tax office, Senate inquiry hears

The Guardian - AU

Finance department hires consultant to advise on hiring consultants in move compared to ABC’s Utopia

Exclusive: Department’s $32,000 contract, which comes after PwC tax leak scandal, slammed as ‘laughable scenario’

The Guardian - AU

PwC scandal: PwC Australia reached confidential settlement with ATO months before tax scandal fallout revealed

Embattled consultancy would not divulge details of deal, which was struck two months before the federal government referred the matter to the AFP

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