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The Guardian - AU
The Guardian - AU
Business
Peter Hannam Economics correspondent

PwC chief’s $1.2m bonus kept ‘secret for more than a year’, inquiry told

PwC Australia CEO Kevin Burrowes received a $1.2m payment from the consultancy giant’s international arm that he did not initially reveal to a parliamentary inquiry.
PwC Australia CEO Kevin Burrowes received a $1.2m payment from the firm’s international arm that he did not initially reveal to a parliamentary inquiry. Photograph: Lukas Coch/AAP

The chief executive of PwC Australia, Kevin Burrowes, received a $1.2m payment from the consulting company’s international arm which he did not initially reveal to the parliamentary inquiry into the 2015 leaking of confidential government tax reform information.

A parliamentary inquiry was told on Friday that Burrowes first told the corporations and financial services committee that he was paid an annual salary of $2.4m. That was later corrected to $2.8m.

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