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The Latest Breaking News from PwC

Consultancy workplace culture 'not perfect': EY chief

One of the big four consultancy firms says workplace culture needs to change, as a parliamentary committee probes the embattled sector.

AAP

‘I’m incredibly privileged’: Deloitte Australia’s CEO says he’s not worth his $2.3 million pay package at public hearing

Adam Powick admitted to being overpaid at a public hearing that is part of a larger inquiry into the integrity of consulting firms following a tax scandal at PwC.

Fortune

Australian government spending on big four consultancy firms up 1,270% in a decade, analysis shows

PwC, Deloitte, KPMG and EY face scrutiny as critics warn core functions of democracy should not be outsourced

The Guardian - AU

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Afternoon Update: climate crisis hits as temperatures soar above 50C; Australian rescued after two months in Pacific; and a Women’s World Cup guide

China and US meet to begin climate talks in Beijing to address a ‘challenge to all of humanity’

The Guardian - AU

Morning Mail: School funding bias revealed, Djokovic dethroned on centre court, Australian women claim Ashes

Government funding since the landmark Gonski education review has gone to the schools ‘least in need’; Carlos Alcaraz wins the Wimbledon title

The Guardian - AU

Dealmaking dearth and UK stock slowdown stokes fears over the City

London third in European IPO rankings behind Istanbul and Milan

Evening Standard

Deloitte admits misuse of government information as scandal engulfing PwC widens

Another big four consultancy firm confirms a conflict of interest breach during Senate inquiry, which could prompt further investigations

The Guardian - AU

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Penny for her thoughts on China

Foreign Affairs Minister Penny Wong had ‘frank’ talks with her Chinese counterpart Wang Yi about jailed Australians and lifting trade bans, and Treasurer Jim Chalmers is expected to announce the ‘lucky’ man or woman to be the new governor of the Reserve Bank.

Crikey

The mystery of the vanishing robodebt report and a 0.03% hit to PwC’s revenue

Why would the government hire PwC to write a report, then scrap the work, but still pay the firm nearly $1 million? The answer is in the fine print of the robodebt royal commission report.

Crikey

PwC admits to another conflict of interest breach

The 2018 breach is separate to the existing scandal over tax policy information that has triggered a reputation crisis for the firm

The Guardian - AU

Partners and staff at Australia’s big consultancy firms sacked for misconduct including sexual harassment

Senate inquiry told about firings at KPMG, Deloitte and EY in wake of tax scandal at PwC

The Guardian - AU

Robodebt haunts Stuart Robert in Fadden

Labor goes hard at former Coalition minister Stuart Robert in attack ads about robodebt before Saturday’s Fadden byelection, and 115 people were illegally held in detention for a total of 2946 days because of Home Affairs Department administrative errors.

Crikey

KPMG and Deloitte refuse to join PwC in banning political donations in Australia

Analysis finds PwC, Deloitte, KPMG and EY donated $4.3m to Labor and the Coalition over the past decade

The Guardian - AU

Professional services group PwC announces South West team updates

The firm has named four new partners in the region in its July promotions round

Birmingham Post

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Crikey

Crikey and The Mandarin’s ‘revolving door’ list: how power bleeds between politics and the big four

Keep track of the major players moving between politics, the public service and the major consulting firms with our rolling list.

Crikey

PwC donations ban recognises a sordid truth others refuse to accept

PwC is halting political donations. Other large consulting firms need to follow suit — and political parties need to stop taking them.

The Guardian - AU

PwC announces it will cease donations to political parties as part of attempt to rebuild reputation

Consulting firm’s self-imposed ban follows scandal over misuse of confidential government tax information

Birmingham Post

The Lowry, Merseyrail and PwC: The 45 latest North West hires and promotions

BusinessLive rounds up the latest hires and promotions across the North West

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The Guardian - AU

PwC to repay $800,000 for work on robodebt after damning royal commission report

Embattled consulting firm also reveals it no longer employs partner involved in work on the scheme for the Department of Human Services

AAP

Google defends tax action after PwC leaking scandal

Google says PwC's inappropriate sharing of information has had no bearing on its compliance with multinational tax laws.

Crikey

As the list of funds rejecting PwC grows, should anyone employ PwC at all?

A look at PwC’s recent international history shows an enthusiasm for kleptocrats and allies of Vladimir Putin. Why would you want this firm auditing you?

The Guardian - AU

Former KPMG partner urges royal commission into consulting industry following damning report into PwC scandal

Whistleblower tells Senate inquiry into federal government’s use of consultants that ‘self-regulation is failing’ across the industry

Belfast Live

Male inter-county GAA captains give their backing to female players as protests continue

Strike action has been considered by female players, but is not on the table right now

Insider UK

PwC promotes 226 across Scotland

The latest round includes one new partner and 12 new directors

The Guardian - AU

BoM explains El Niño call – as it happened

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