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The Latest Breaking News from PwC

PwC to face scrutiny over advice to clients that might allegedly ‘mislead or subvert’ foreign investment review board

ATO discloses concerns that date back to 2019 in response to questions from Greens senator Barbara Pocock

The Guardian - AU

U.K. Gen Z women probably won’t close the gender pay gap before they retire

U.K. Gen Z women probably won’t close the gender pay gap before they retire

The gender pay gap is likely to persist for at least 45 years as progress proves to be stubborn.

Members only: are loyalty card discounts a good deal for UK consumers?

Members only: are loyalty card discounts a good deal for UK consumers?

The number of retailers offering special prices for members has soared. We asks if the price cuts are as good as they seem

The Guardian - UK

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PwC becomes OpenAI's biggest customer - and first official enterprise reseller

OpenAI had 600k ChatGPT Enterprise users last month – this month, it added 100k more in one single hit.

Ban? What ban? PwC and ‘Scyne Advisory’ $138m federal bonanza

After one of the biggest corporate scandals in Australian history, PwC and Scyne Advisory still have millions in government contracts.

AI skills that pay the bills: Tech-savvy knowledge workers looking at significant wage boosts

Financial analysts could receive a premium of up to 33%, according to a new report.

You don't have to be a programmer to cash in on artificial intelligence. AI skills in these non-tech professions come with massive wage increases

Job postings in the U.S. that seek lawyers with AI skills promise wages that are 49% higher than ads for lawyers without AI skills.

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Paramount And Disney Grapple With The Rapid Rise Of Streaming

Paramount And Disney Grapple With The Rapid Rise Of Streaming

Buyout chatter hit Paramount stock recently as media giants grapple with changing consumer tastes and the rise of streaming.

Investors Business Daily

Secretive review paves the way for PwC partner to sell business

Secretive review paves the way for PwC partner to sell business

The Department of Finance refuses to release its review, say who conducted it, or even reveal what specifically it looked at or found.

PwC has a secret weapon when it comes to rolling out AI within the company: Meet the ‘super users’

PwC has a secret weapon when it comes to rolling out AI within the company: Meet the ‘super users’

The consulting firm has an informal team of workers to help upskilling for all staffers.

AI skills are increasingly sought after, and could bump up your pay

AI skills are increasingly sought after, and could bump up your pay

Businesses are prepared to pay more for AI-skilled workers – these are the best industries for a pay rise.

Productivity soars in sectors of global economy most exposed to AI, says report

Productivity soars in sectors of global economy most exposed to AI, says report

Employers in UK, one of 15 countries studied, willing to pay 14% wage premium for jobs requiring AI skills

The Guardian - UK

Expert says employers can be found liable for sexual assault outside of work hours as PwC fights case

Expert says employers can be found liable for sexual assault outside of work hours as PwC fights case

Accountancy firm argues it is not liable since it had taken ‘all reasonable steps’ to prevent such behaviour

The Guardian - AU

Australia green-lit PwC days before Senate report into tax leaks scandal dropped

Australia green-lit PwC days before Senate report into tax leaks scandal dropped

The Australian government inexplicably rubber-stamped PwC just days before a cornerstone inquiry into the tax leaks scandal was to deliver its findings.

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The Guardian - UK

‘Big four’ accountancy firms PwC and EY fined over LC&F audit failures

Firms fined millions after London Capital & Finance’s 2019 crash wiped out customers’ savings

QLD police removes Indigenous advisory

The First Nations advisory group to Queensland’s police force has been sacked, Josh Frydenberg wants campus protests cleared out, and China has fired flares at an Australian Navy helicopter.

Government restarts PwC gravy train with $700,000 cash splash

New contracts with PwC’s Indigenous Consulting were published last week — the same day the Finance Department issued a surprise notice indicating PwC Australia could soon resume federal government work.

‘Too soon’ to call Perth stabbing terrorism

WA police are reticent to call the recent Peth stabbing a terrorist attack, Meta says nobody reads news on Facebook anymore anyway, and student workers on placement will get weekly payments from next year.

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Government paves the way to resume handing contracts to PwC Australia

A surprise procurement note says the Finance Department is undertaking an ‘examination’ as to ‘PwC Australia’s ethical soundness’.

The Guardian - UK

‘No dividing line’: consultants advising private water companies also work for their regulator, Ofwat

Campaigners call for the whole regulatory system to be replaced after Observer analysis finds watchdog spent more than £25m with consultancies

In India’s richest state, exam scams kill escape from farm crisis

Ganesh Kale took three dozen exams but was robbed of a fair shot because of corruption. So he tried to take his life.

The Guardian - AU

Senate committee report accuses PwC of trying to cover up tax leaks scandal

New claim follows earlier report by the committee accusing the firm of a ‘calculated’ breach of trust

China Investigates Pwc In Evergrande Fraud Case

China investigates PwC's role in Evergrande fraud case, raising concerns over financial stability and global market impact.

The Guardian - AU

Afternoon Update: Record increase in net migration; PwC won’t share tax leaks report; and the hot cross buns taste test

Australia’s population grew to 26.8 million in September thanks to a larger than expected rate of immigration

The Guardian - AU

PwC chairman refuses to share tax leaks scandal investigation with Australian parliament

Firm cites legal professional privilege after request for copy of report but provides more detail about scope of investigation

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