The Latest Breaking News from PwC

9 disastrous rebrands, from WH Smith to Royal Mail

As the retailer moves into a new era, we look back at other marketing fails

The Independent UK · Jul 30, 2023

University of Sydney urged to ‘come clean’ on payment to company it part-owns with PwC

Greens say the university’s payment to Innowell is a ‘scandal’ and shows the need for an overhaul of uni governance

The Guardian - AU · Jul 30, 2023

Company insolvencies in England and Wales jump to 14-year high

Insolvency Service data revealed that there were 6,342 company insolvencies over the three months to June 2023.

The Independent UK · Jul 28, 2023

22 years after the $63 billion Enron collapse, a key audit review board finds the industry in a 'completely unacceptable' state

In 2001, the Big Five became the Big Four, and now the PCAOB again finds "audit quality is moving in the wrong direction"—a 40% error rate.

Fortune · Jul 26, 2023

PwC promoted firm it part-owned in ‘independent’ mental health report for Australian government

Exclusive: Report referenced key findings from trials by Innowell, in which PwC had a 45% shareholding

The Guardian - AU · Jul 26, 2023

PwC tax leak made it harder for Australian firms to win government IT contracts, Senate hears

Vault Cloud CEO tells inquiry whole-of-government tech contracts rigged in favour of multinationals

The Guardian - AU · Jul 26, 2023

PwC scandal: PwC Australia reached confidential settlement with ATO months before tax scandal fallout revealed

Embattled consultancy would not divulge details of deal, which was struck two months before the federal government referred the matter to the AFP

The Guardian - AU · Jul 26, 2023

Turnbull government’s $33m grant went to company part-owned by mental health commissioner after lobbying

Exclusive: Funding to Innowell in 2017 without competitive tender was for mental health app and followed months of lobbying by Prof Ian Hickie. There is no suggestion of wrongdoing by Hickie

The Guardian - AU · Jul 25, 2023

Essential poll: sizeable support for Daniel Andrews’ decision to scrap Commonwealth Games

Almost 60% of people support players receiving equal pay in the Women’s World Cup

The Guardian - AU · Jul 24, 2023

Data stolen in MOVEit breach leaked by notorious ransomware gang

Russian ransomware group Clop is estimated to make up to $100 million from its MOVEit campaign.

TechRadar · Jul 24, 2023