The Latest Breaking News from PwC

The 'Good Growth for Cities Index' examines issues such as commuting times, number of business start-ups and housing

The Transport Workers Union is calling on Qantas to repay $2.7 billion in government handouts it got during the COVID-19 pandemic as the airline forecasts what the union calls an "obscene" record annual profit. And the Australian share market runs out of steam as US debt ceiling talks drag on.

A Treasury investigation into the impact of a PwC tax expert's use of confidential information — sold to clients seeking to minimise tax — could lead to the firm being referred to the Australian Federal Police, the assistant treasurer warns.

The federal government remains under pressure to ban contracts with consultancy giant PwC after the firm leaked confidential government information to clients.

Big supermarkets increased margins on food through the pandemic and cost-of-living crisis; Labor celebrating strong jobs growth; Ukraine rejects Russian claims to have captured Bakhmut

The PwC scandal reveals appalling behaviour by an individual consultant and his company that provided consulting services to the federal government.

The PricewaterhouseCoopers partner also said that when the dust finally settles, most of the biggest names in finance won’t be going anywhere.

Legal experts say those at the heart of the allegations could escape the Nacc’s scrutiny on a technicality

Despite the tax advice scandal rocking the Australian business community, experts say the symbiotic relationship between the big four accounting firms and the New Zealand Government is apparently no cause for concern.

After the Standard revealed links between Javad Marandi and a ‘dirty money probe’, Katie Strick tells the story of the rise of a tycoon

Australia’s Treasurer Jim Chalmers called it “an appalling breach of trust”. But the scandal involving the local arm of PricewaterhouseCoopers (PwC), the world’s second-largest professional services firm, is much worse than that.