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The Latest Breaking News from PwC

PwC tax scandal: firm engaged in a ‘calculated’ breach of trust, Senate committee finds

Consulting firm used confidential government information to help private clients avoid tax, interim report tabled in parliament finds

The Guardian - AU

Report labels PwC tax scandal as ‘egregious breach of trust’

A Senate committee has labelled embattled consultancy firm PwC's conduct in the tax advice scandal as an "egregious" breach of trust.

The New Daily

PwC tax scandal an 'egregious breach of trust': report

A parliamentary report has urged consulting firm PwC to publish the names of people involved in the tax advice scandal.

AAP

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PwC’s ‘once-in-a-generation PR disaster’: most Australians want contract bans

Four in five respondents to a new survey believed PwC should be banned from any new government work.

Crikey

Playing with power

The energy regulator warns Australia is too slow investing in a new, clean electricity supply, and NDIS Minister Bill Shorten describes last week in Parliament as ‘worse than shambolic, it was toxic’.

Crikey

Report Sees Traditional TV Revenue Shrinking as OTT Gains

PwC: Streaming growth shifts from subscriptions to advertising

Multichannel News

How to capture a state: lessons from PwC and the fossil fuel giants

State capture enables powerful firms to strongly influence government policy. But as PwC found out, don’t confuse yourself with what you’ve captured.

Crikey

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APSC considers guidance for staff moving to consultancies

Questions on confidentiality and conflicts of interest are rising to the surface.

The Canberra Times

Nottingham City Council’s spend on single consultancy firm now totals £2m

The Labour-run authority had already approved spending around £1.1m

Nottingham Post

Michael Pascoe: IKEA and Netflix tax scandal overshadows shameful PwC saga

IKEA and Netflix are just two quick examples of the ongoing, massive and very successful tax minimisation industry here.

The New Daily

Welsh Rugby Union appoints first ever independent chair

Richard Collier-Keywood previous roles include being managing partner of PwC in the UK

Birmingham Post

PwC cops NSW ban as inquiry hears admin work outsourced

Treasury outsourced work on public sector accounting and used consultants for administrative tasks, an inquiry into NSW's $1b outsourcing bill has been told.

The New Daily

Stark asks for more time for special audit report

Stark Corporation has asked the Securities and Exchange Commission (SEC) to delay the deadline for the submission of its special audit report by another 30 days from Friday, but indicated it is prepared to file its 2022 financial statement on July 16, as required by the regulator.

Bangkok Post

Another Thorpedo

Independent Senator Lidia Thorpe accused Liberal Senator David Van of sexual assault, then later withdrew the claim and said she’d elaborate today, and there’s speculation Rupert Murdoch is eyeing off buying The Spectator magazine.

Crikey

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The Conversation

Who needs PwC when consultancy work could be done more efficiently in-house?

The Senate inquiry into the PwC scandal has prompted the New South Wales Legislative Council to launch an inquiry into the NSW government’s use of management consulting services.

AAP

PWC banned from future NSW tax advice after scandal

As NSW MPs prepare to examine the $1 billion spent on external advice since 2017, the government has banned PwC from further work on tax matters.

The Guardian - AU

NSW government temporarily bans all PwC work on tax projects

Inquiry into the state’s use of consultants to examine why local health districts paid firms $124m since 2011

Newsroom.co.nz

Ruapehu ski fields file for ‘prepackaged liquidation’

A draft report reveals the Govt has already moved to seal the fate of Whakapapa and Turoa, ahead of next week's big creditors' meeting. Andrew Bevin reports.

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The Guardian - AU

‘Slavish obsession’ with outsourcing and consultants has demoralised public sector: NSW union

Exclusive: A NSW parliamentary inquiry will examine how an operating model based on consultants left the public service ‘infantilised’

Crikey

Time for political parties to hand back their PwC cash

Political parties should regard PwC donations as tainted money.

Newcastle Herald

Private hands would derail high-speed train

Email letters@newcastleherald.com.au or send a text message to 0427 154 176 (include name and suburb).

Belfast Live

Businesses take to the track for Mary Peters Trust Corporate Games

They helped raise £23,000 to support promising young athletes

Crikey

Conflict of interest should kill off the big four consulting industrial complex

It’s in the very nature of large consulting firms to have conflicts of interest. It’s how they work, and it won’t stop.

The New Daily

Taxpayers slugged $671m in consultancy costs: Data

Scandal-hit consultancy PwC and other firms have reaped more than $670 million from Victorian taxpayers over the last half decade, new data shows.

The Conversation

Blacklisting PwC won't stop outsourcing: here are 3 reasons it has become embedded in the Australian public service

Labor had pledged to wind back the use of the big four consulting firms by the public service well before the scandal engulfing PricewaterhouseCoopers over the sharing of confidential government information.

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