EY cuts 148 staff citing low consulting, financial services demand
The announcement is the latest in a string of industry-wide layoffs following the PwC tax leaks scandal and broader economic pressures.
BUSINESS • Tue, 16 Apr 2024
Accounting firm, related party to pay $26m for ‘usurping’ client investment
Mulcahy and Co breached confidentiality and fiduciary obligations by using confidential client information to capitalise on an investment opportunity.
REGULATION • Thu, 11 Apr 2024
GST, PAYG withholding a ‘significant portion’ of $50bn tax debt
Small businesses are increasingly falling behind on debts, with two-thirds of all debt owed by small business, the ATO warns.
TAX • Thu, 04 Apr 2024
Former White Sky partner sentenced to 6 years of imprisonment
Over 11 years, Damien Luscombe stole more than $2 million from a range of high-profile clients by forging client emails and financial documents.
BUSINESS • Tue, 02 Apr 2024
Payroll errors more likely under Closing Loopholes reforms
More than half of Australian businesses plan to reconsider the way they manage payroll as a ‘direct result’ of the recent industrial relations reforms, research finds
BUSINESS • Thu, 28 Mar 2024
Underpaid, overworked: The audit profession's ‘battle’ for talent
Concerns around work-life balance, remuneration, and predictable career progression models continue to inhibit talent attraction and retention, accounting bodies find.
BUSINESS • Tue, 26 Mar 2024
PwC global chair tells senators he won't share tax scandal report
In correspondence with Australian senators, PwC’s global chair has doubled down on the global organisation’s decision to withhold the findings of its international review
BUSINESS • Thu, 21 Mar 2024
Pitcher Partners Sydney adds 2 new audit partners
The firm says it is tailoring its efforts to cater to clients who are "seeking alternatives" to the big four firms.
APPOINTMENTS • Sun, 17 Mar 2024
Grant Thornton makes job cuts to management consulting group
Chief executive Greg Keith cited “ongoing challenges within the retail market” as contributing to the redundancies.
BUSINESS • Thu, 14 Mar 2024
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