The Latest Breaking News from PwC

PwC partner Peter Collins referred to AFP over confidential tax policy disclosure

A PwC partner who shared confidential federal government tax policy information to boost business has been referred to the federal police.

The New Daily · May 24, 2023

Australia refers PwC tax document leak scandal to police

The Australian Treasury has referred a confidential document leak scandal involving professional services firm PricewaterhouseCoopers (PwC) to police, Secretary to the Treasury Steven Kennedy said on Wednesday.

Reuters · May 24, 2023

PwC referred to police over confidential disclosure

PwC has been referred to police by the Treasury Secretary after it shared confidential government policy to try and drum up business.

AAP · May 24, 2023

Global city index sees Edinburgh, Glasgow and Aberdeen move up rankings

SCOTLAND’S biggest cities have moved up a UK-wide league table, which charts a basket of broad economic measures...

The National (Scotland) · May 23, 2023

TWU demands Qantas pay back $2.7 billion pandemic relief as airline sees record annual profit, ASX edges lower on US debt talks — as it happened

The Transport Workers Union is calling on Qantas to repay $2.7 billion in government handouts it got during the COVID-19 pandemic as the airline forecasts what the union calls an "obscene" record annual profit. And the Australian share market runs out of steam as US debt ceiling talks drag on.

ABC News · May 22, 2023

PwC in the firing line and AFP drawn in as Senate asks hard questions about conflict-of-interest drama

A Treasury investigation into the impact of a PwC tax expert's use of confidential information — sold to clients seeking to minimise tax — could lead to the firm being referred to the Australian Federal Police, the assistant treasurer warns.

ABC News · May 22, 2023

Government eyes tougher response to PwC scandal

The federal government remains under pressure to ban contracts with consultancy giant PwC after the firm leaked confidential government information to clients.

AAP · May 22, 2023

Morning Mail: Supermarkets profiteering claim, jobs growth welcomed, the battle for Bakhmut

Big supermarkets increased margins on food through the pandemic and cost-of-living crisis; Labor celebrating strong jobs growth; Ukraine rejects Russian claims to have captured Bakhmut

The Guardian - AU · May 21, 2023

Consultants like PwC are loyal to profit, not the public. Governments should cut back on using them

The PwC scandal reveals appalling behaviour by an individual consultant and his company that provided consulting services to the federal government.

The Conversation · May 19, 2023

Future of Finance: PwC’s Oliver on how 'fintech is becoming crypto'—and approaching the point where 'there is no paper money'

The PricewaterhouseCoopers partner also said that when the dust finally settles, most of the biggest names in finance won’t be going anywhere.

Fortune · May 18, 2023