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  1. PwC to cut 300 jobs, close Adelaide support hub

    cuts were 75 staff unable to join Scyne Advisory, the reborn government consulting arm of PwC, who were put on leave last week. A total of 1,300 staff and 100 partners would move to Scyne Advisory. “We attempted to find alternative positions for these...

  2. PwC takes total partner number to 734

    on parental leave, with plans to return part-time. “The idea of how a ‘typical’ partner works has come a long way in the last few years, influenced by our all roles flex policies, and supported by technology which enables our people to work seamlessly...

  3. PwC splits UK audit business

    split to ensure that the audit arms are under separate management from the rest of the firms’ business. “Over the last year, we have been listening to the views of a wide range of stakeholders about the future of audit, exploring how it needs to change...

  4. PwC snares top Suncorp marketing exec

    former group executive for customer, data and marketing, and chief customer experience officer, left his position earlier last month after 14 years with the bank. PwC’s chief creative officer Russel Howcroft welcomed Mr Reinke as “one of the most...

  5. PwC slashes pay, hours by up to 40%

    support our clients as the economy powers back up.” Mr Seymour did not specify how long the new working arrangements would last, but he said the goal was to return to usual conditions “as soon as possible”. While the change follows a drop in client...

  6. PwC shuns ‘expensive growth’ as 2017 results released

    105 lawyers. Mr Sayers flagged a shift away from billable hours in its advisory work as key to delivering for clients in the last year. “PwC delivered a fully integrated advisory service that utilised more than 60 staff across different professional...

  7. PwC set to review CPA Australia Advice

    is in line with recommendations from former auditor-general Ian McPhee’s report into the association and its subsidiaries last year. “Until the review is complete and the report is received and considered, the directors will continue to operate CPA...

  8. PwC scandal shows ‘biggest is never best’

    four’s vast partnerships incapable of regulating governance and ethical failures. Panellists at the IPA’s National Congress last week, including Labor senator Deborah O’Neill and IPA group president Cheryl Mallett, agreed bigger firms habitually...

  9. PwC scandal goes deeper than a few bad apples, academic says

    Dr Anesa, when the advisory panel to the Board of Taxation – the body charged with advising the federal government on tax – last published a list of its members, 43 out of 48 members were current or former practitioners of advisory firms. “Don’t get me...

  10. PwC review uncovers up to $25m in underpayment by jewellery chain

    for a number of the company’s store-based workforce in Australia. The remediation of these issues, which occurred over the last six financial years, is estimated to be a one-off cost in the range of $10 million to $25 million. “It is not presently...

  11. PwC reforms a disproportionate response: CA ANZ

    and administrative changes progressively over a two-year period. Treasury published the first batch of proposed changes last month in draft legislation on tax promoter penalties, tax secrecy laws, whistleblower laws and the Tax Practitioners Board....

  12. PwC pushes further into legal services

    a shift in the way that big four firms have approached an expansion into the legal sector. “If I can be bold, maybe the last time the accounting firms or the big four entered the market, they didn’t always go into the legal sector at the right level or...

  13. PwC probes ‘racist and offensive’ internal staff event

    an internal trivia event, with the firm expediting a review into the incident. The virtual trivia event, which took place last Thursday, saw one HR executive allegedly dressed up as a “bat from Wuhan” during a sketch, while another mocked Chinese...

  14. PwC posts double-digit revenue growth

    its full-year results to 30 June 2019, delivering 11 per cent revenue growth to $2.6 billion, up from $2.35 billion last year. Its assurance business had its strongest year of growth in the past seven years, with its audit business growing by 9 per cent...

  15. PwC posts $2.2bn revenue for FY21

    well as our core business offering in assurance and tax.” Partner profits were up as well, 18 per cent higher than they were last year, when the firm booked a 15 per cent reduction. The firm said better-than-expected profits enabled it to make...

  16. PwC partners fined, staff stood down over ‘racist and offensive’ internal event

    Seymour says. PwC Australia mounted an expedited investigation into the behaviour of staff at an internal trivia night late last month after one HR executive allegedly dressed up as a “bat from Wuhan” during a sketch, while another mocked Chinese...

  17. PwC partners failed to self-disclose, CA ANZ admits

    tax secrets scandal unfolded this year, the professional body admitted at the parliamentary inquiry into financial services last week, even though this is required under the body’s rules. Senator Deborah O’Neill (pictured) said the CA ANZ bylaws created...

  18. PwC partner finds significant refund hold-ups

    more Australian companies to engage in R&D, by providing a targeted tax offset. It is a self-assessment programme. For the last six to 18 months, and particularly coinciding with the release of two taxpayer alerts which warn against deliberate misuse of...

  19. PwC outlines next steps for AI transformation program in annual report

    There was also a reduction in the number of partners at the firm, with PwC reporting a total of 575 partners at the end of last year, down from 628 in the previous year. Average partner income increased to $814,000 for 2025, up from $767,000 in the...

  20. PwC ousted acting CEO Kristin Stubbins ‘against her will’, inquiry hears

    after it used its management powers to seize control of the local arm in response to the tax leaks scandal. During a hearing last month, they accused it of “thumbing its nose at Parliament” by withholding a key report on international partners’...

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