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The Latest Breaking News from PwC

Federal government suspends major aged care contract with PwC

Exclusive: Suspension of audit program shows existing arrangements in line of fire along with future contracts, as fallout from tax scandal continues

The Guardian - AU

You can't buy much for $1, except maybe a global company. Why PwC could be sold for less than the price of a stamp

In a move that has taken the business world by surprise, PwC Australia this week offloaded its government consultancy business to Allegro Funds for just $1.

The Conversation

The AFR shits all over its own excellent PwC work

The Fin uses the bold strategy of ‘what if everything we spent months helping to expose wasn’t all that big a deal?’

Crikey

From analysis to the latest developments in health,
read the most diverse news in one place.

‘Grossly inadequate’: group claiming to be PwC partners ridicule firm’s response to tax scandal

Anonymous letter demands more transparency and accountability from PwC in Australia

The Guardian - AU

Morning Mail: Australian universities join global top 20, fears for swift parrot, do rent caps work?

Universities of Melbourne, Sydney and New South Wales make list for first time; almost one in six units offloaded for less than they were bought for

The Guardian - AU

PwC walks back report used to claim Australia’s nature repair market could be worth $137bn

Report cited by environment minister in support of offset bill criticised for inflated figures

The Guardian - AU

Britons will soon spend more on streaming than TV, analysts say

UK households forecast to spend £4.2bn on Netflix and other services by 2025, overtaking TV packages

The Guardian - UK

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PwC boss ‘incorrectly’ listed as at meetings after government hired her firm

Acting PwC chief executive Kristin Stubbins said she recused herself and stepped down from attending meetings.

Crikey

Morgan Stanley says commercial real estate will crash harder than during the Great Financial Crisis. Here’s how 5 other top institutions see it playing out

There’s one thing they can all agree on: Office properties are in trouble.

Fortune

PwC says these 4 trends could accelerate dealmaking in the second half of 2023

Business leaders are "looking at any path to grow, make their companies more efficient, and balance that with risk,” says PwC's Neil Dhar.

Fortune

PwC to publicly name all staff involved in tax scandal, inquiry told

CEO Kristin Stubbins says once internal investigation is complete there will be ‘appropriate accountability’ for those found to have acted inappropriately

The Guardian - AU

Out they go! Sale sale sale as PwC offers the bargain of a lifetime!

Want a government consulting firm, going cheap? PWC’s effort to flog off its government consulting arm won’t necessarily fix the fundamental problems of private consultants.

Crikey

How can Victorian Labor justify stonewalling improved lobbying laws?

Despite support from the Coalition, the Greens and other crossbenchers, the Andrews government blocked a bill to strengthen lobbying laws.

Crikey

Deputy PM says Russia uprising ‘a crack in the edifice’ – as it happened

This blog is now closed.

The Guardian - AU

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The Guardian - AU

PwC appoints new Australian CEO with plans to sell off government consultancy work for $1

Scandal-plagued firm announces Kevin Burrowes as new head of Australian division

The New Daily

PwC drops all government business and picks up a new CEO

A new CEO has been parachuted into embattled consultancy PwC Australia, which is offloading its government consultancy business for $1.

Fortune

Gen Z workers came of age amid the pandemic—and now quitting their job is always front of mind

It's a way of life for Generation Quit.

Crikey

ABC restructure and redundancies: Absurd, Barmy and Catastrophic

The national broadcaster has a lot of fans among Crikey readers, and its management should duck now to avoid being hit by flying broadsides.

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The New Daily

Madonna King: PwC is just the latest institution to let us all down

We cannot allow the PwC saga to be a Canberra story, involving a single big misdemeanour by a single big firm.

The Guardian - AU

Afternoon Update: Titan sub oxygen could run out tonight; Australia issues Twitter warning; and ABC ratings tank

The Titan sub could run out of oxygen tonight and Australia issues a warning to Twitter amid rise in online hate

Zenger

Social And Casual Games Dominate US Gaming Industry Revenue

Traditional games account for only 26.7% of revenue, PwC study shows

The New Daily

PwC breach of trust ‘deeply disappointing’: Chalmers

Actions taken by consulting firm PwC have been blasted as "deeply disappointing" by Treasurer Jim Chalmers, who says people are right to be "filthy".

Crikey

ScoMo: I didn’t lie to Macron. I just didn’t tell the truth

Former PM Scott Morrison says he kept French President Emmanuel Macron in the dark over AUKUS because he didn’t trust US President Joe Biden to stick with the deal, and searchers still hold a glimmer of hope for the missing Titanic submersible.

The Guardian - AU

Morning Mail: Titan sub search focuses on underwater ‘noises’, Islanders fight gas plan, house prices to rise

More sounds have been heard in the area being searched for the submersible missing in the North Atlantic

Fortune

You might lose your millennial and Gen Z employees in coming months—here's why

A recent survey from PwC finds employees are looking for new opportunities despite the precarious economy.

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