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The Latest Breaking News from PwC

Leicester ranked best in region in Demos/PwC city survey

Mayor says city’s position reflects inward investment in areas such as Space Park and Waterside, and focus on jobs and skills

Birmingham Post

Lack of detail stopped Australian Federal Police initially investigating PwC breach

The Australian Taxation Office raised concerns about a confidentiality breach at PwC to Australian Federal Police in March 2018, but a lack of detail meant no investigation was launched.

ABC News

Treasury referred PwC to AFP after ‘clearly disturbing’ emails revealed, Senate hears

Senator Barbara Pocock has requested PwC release the names of partners understood to be involved, saying she is ‘confident they will reach the public’

The Guardian - AU

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Treasury not worried about existing PwC contracts

The head of Treasury says there is "no cause for concern" over government contracts with disgraced firm PwC, despite calls for a ban.

The New Daily

'Clearly disturbing': Treasury referred PwC to police after emails exposed by Senate

Treasury boss Steven Kennedy says he was able to refer PwC to police for investigation thanks to a push by senators to expose the depth of the firm's tax leak scandal.

ABC News

Treasury boss coy on future direction of PwC action

The head of Treasury has told a Senate estimates hearing he cannot comment in detail on action being taken against PwC because it may impact on a police probe.

The New Daily

Treasury officials set to be questioned on PwC scandal

Senior Treasury officials are set to be grilled on the PwC tax advice scandal when Senate estimates hearings resume.

The New Daily

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Crown fined $450m for money laundering breaches, ASX flat as building approvals slump to 11-year low

April's building approvals data shows 11,594 homes were approved for construction last month — down 24.1 per cent on the previous year. Meanwhile Treasury officials fronted Senate Estimates to answer questions about PwC.

ABC News

Ruapehu skiers to decide fate of mountain

The value assigned to each life pass holder means they are kingmakers in upcoming vote.

Newsroom.co.nz

PwC Australia sidelines 9 directors as leak of tax information investigated

The Australian branch of the PricewaterhouseCoopers consultancy network has ordered nine partners to go on leave while an inquiry examines the leaking of confidential Australian tax avoidance policy changes to corporate clients who could benefit from the information

The Independent UK

Afternoon Update: ‘exhausted’ Mark McGowan resigns as WA premier; David Koch leaving Sunrise; and China’s achilles heel

Western Australian politician to end nearly three-decade career, including six years as the state’s leader

The Guardian - AU

PwC Australia stands down staff amid tax plans leak scandal

Accounting firm pledges to do ‘everything it takes’ to regain trust after leaking government information to clients.

Al Jazeera

PwC failing to name all 53 partners in tax leak scandal would amount to ‘coverup’, Labor senator says

Deborah O’Neill made the warning after the consulting firm claimed to have ‘ringfenced’ its government work

The Guardian - AU

PwC orders nine partners to go on leave amid tax scandal fallout

Under-fire accounting and consultancy firm PwC directs nine of its partners to take leave pending the outcome of an internal investigation into the leaking of confidential Australian government tax information.

ABC News

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The New Daily

PwC stands down nine partners amid widening tax scandal

Embattled consultancy firm PwC has stood down nine partners as its head issued a public apology over the widening tax advice scandal.

Crikey

Race to the bottom

Focusing on race in the Voice to Parliament debate is ‘dangerous’ and will embolden racists, Australia’s race discrimination commissioner says, and a 3.8 magnitude earthquake shook Melbourne’s CBD late last night.

ABC News

Senator alleges 'perception of contamination' as police investigate firm working inside its buildings

The Australian Federal Police has reasserted its ability to effectively investigate a former member of PwC, as the firm completes millions of dollars worth of contracts working alongside AFP staff.

The Guardian - UK

Firms fined most by regulators still on UK government’s list of top suppliers

Observer reveals that companies are getting big contracts in spite of paying penalties for corruption or fraud

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AAP

PwC advice scandal points to corporate culture issues

As the PwC tax leak scandal rumbles on, there is no evidence Australia's corporate culture has evolved past the failings of the banking royal commission.

AAP

Greens seek to release list of names in PwC tax leak

A Greens attempt to publicly release a list of names of people the party says were involved in the PwC tax leak has been temporarily stymied pending advice.

Crikey

PwC hid behind bogus legal privilege for years as it sought to stifle the truth

A Federal Court decision offers context to the battle for information from PwC — one that’s been raging a long time.

AAP

New government unit to save millions on consultants

The federal government has set up a new unit to check government programs are delivering as promised, that could save millions in private consultancy fees.

Crikey

PwC scandal only the tip of a chummy, collusive consultancy iceberg

The PwC scandal is a symptom of a much larger problem: the outsourcing of core government functions to a cartel of professional services firms.

The New Daily

Top cop’s dressing down over text from Morrison’s mate about bigger problem

The sheer size of PwC and the $250 million in government contracts it has already won this year makes this investigation far from ordinary.

The Guardian - AU

PwC tax scandal: staff stood down over concerns problem ‘significantly broader’ than one partner

Former NSW police commissioner and now PwC partner Mick Fuller contacted his friend the AFP commissioner after scandal broke, Senate estimates told

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