Latest
Luke Sayers takes an ATO epiphany to the chest
The Tax Office’s disclosure lets off a stink bomb against the former PwC chief executive.
- Myriam Robin and Mark Di Stefano
- Exclusive
- Hong Kong protests
Crosby Textor advised pro-Beijing HK officials
The Australian political consultancy provided advice used by pro-Beijing officials in Hong Kong ahead of the start of national security laws that dramatically curtailed free speech.
- Kylar Loussikian
G+T targets Melbourne, start-ups with new partners
The firm is banking on continued growth in Melbourne corporate activity, and is taking a punt on start-ups and venture capital as a new source of clients.
- Maxim Shanahan
Late-paying clients are causing headaches for law firms
Firms are turning to fee funders and alternative billing arrangements to solve their cash flow problems.
- Maxim Shanahan
- Exclusive
- Defamation
Former PwC partner sues firm for allegedly linking him to tax scandal
Richard Gregg alleges people have shunned and avoided him because of an implication by PwC that he was involved in the tax leaks scandal, when he was not.
- Updated
- Max Mason
Data Trackers
Financial Review consulting salary guide 2022-23
The full guide to how much you can earn at Accenture, Deloitte, KPMG and PwC.
- Edmund Tadros
PwC seeks absolution but can it really change?
The publication of two documents and a video apology for the tax leaks scandal this week was meant to be a circuit breaker. But it won’t be that easy.
- Edmund Tadros
Professional Moves
G+T targets Melbourne, start-ups with new partners
The firm is banking on continued growth in Melbourne corporate activity, and is taking a punt on start-ups and venture capital as a new source of clients.
- Maxim Shanahan
Minters picks up seven partners in PwC raid
MinterEllison is set to hire seven consulting partners from PwC in the largest single raid on the big four consulting firm since the tax leaks scandal.
- Maxim Shanahan
Cost-cutting advisers the bright spot in professional services
Advisers are being increasingly asked to conduct cost-cutting programs, from upskilling and reducing staff numbers to digitisation and automation.
- Edmund Tadros
May
Payroll tax for big four partner profits, inquiry urges
A NSW upper house inquiry into consultants has called for a radical reshaping of the taxation and oversight of the major consulting firms.
- Maxim Shanahan and Edmund Tadros
Consultant to take reins at Geelong in AFL succession
Boston Consulting Group’s local managing partner Grant McCabe will succeed Craig Drummond as the president of the Geelong Football Club.
- Patrick Durkin and Edmund Tadros
Consulting downturn ‘great for us’ as PiP joins Accenture
Partners in Performance head Skipp Williamson says the firm will continue to do “more than PowerPoints” when it joins Accenture.
- Maxim Shanahan
Consulting rookies: how to absorb the data deluge
Selina Liang has spent much of her first 15 months at consulting firm Oliver Wyman learning how cope with the reams of information typical of new projects.
- Edmund Tadros
Why McKinsey wants to send its consultants back to class
McKinsey has launched an internal training academy to develop that most sought-after of modern executives: a leader who understands a company’s business and technology needs.
- Edmund Tadros
KPMG to merge British and Swiss operations
Partners voted to merge the professional services firm’s UK and Swiss businesses, creating a unit with about $6.6 billion of revenue.
- Irina Anghel
Minters picks up seven partners in PwC raid
MinterEllison is set to hire seven consulting partners from PwC in the largest single raid on the big four consulting firm since the tax leaks scandal.
- Maxim Shanahan
Bullying allegation at Corrs prompts regulator to get involved
SafeWork is “making inquiries” into a complaint at the law firm and has requested access to documents, but Corrs says the regulator has no plans to investigate further.
- Maxim Shanahan
Following EY tax advice cost Billabong founder $50m
A Federal Court judge found there were no logical reasons for transactions undertaken by Gordon Merchant, other than to minimise his tax.
- Max Mason
Cost-cutting advisers the bright spot in professional services
Advisers are being increasingly asked to conduct cost-cutting programs, from upskilling and reducing staff numbers to digitisation and automation.
- Edmund Tadros
Auditors failed to raise alarm before 75pc of UK corporate collapses
Audit firms failed to raise the alarm before three-quarters of big UK corporate collapses since 2010, raising concerns they are failing to perform one of their core functions.
- Simon Foy
- Exclusive
- Consulting
Accenture set to buy Partners in Performance
Consulting firm Accenture is set to acquire Partners in Performance, in the most significant consulting market deal in nearly five years.
- Maxim Shanahan
- Exclusive
- Income tax
ATO freezes former Young Rich Lister’s muscle cars, mansion
The flamboyant accountant Steve Di Petta, who has a penchant for Ford Mustangs, is facing allegations he and his wife owe the Tax Office over $3 million.
- Max Mason
Allens to be king of the hill in Sydney’s new legal district
Allens and four other law firms are set to move into the revamped AMP building at Circular Quay as a new legal district in Sydney develops towards the harbour.
- Maxim Shanahan and Campbell Kwan
Law graduates are about to crack a salary record
Top-tier graduates will earn more than $100,000 this year – in Sydney only – but law firms remain tight-lipped on pay rates despite moves towards transparency elsewhere.
- Maxim Shanahan
HWL Ebsworth anoints ‘co-pilots’ to replace the late Juan Martinez
Australia’s largest legal partnership, HWL Ebsworth, has new leaders who are hoping for “not such a combative relationship with the media”.
- Michael Pelly
If AI can do the work of a grad lawyer, what does a grad lawyer do?
As tech increasingly takes on the legal grunt work, MinterEllison is trying to rethink the work and skills of its young lawyers.
- Hans van Leeuwen
EY manager claims he was sacked for complaining about 80-hour week
EY Australia has rejected claims by a manager he was sacked because he complained about being told to put in unreasonable hours.
- Max Mason
Judge chides critics who want to ‘regulate class actions out of existence’
The newest member of the High Court, Justice Robert Beech-Jones, also gave qualified support to competition between courts.
- Michael Pelly
PwC elevates tax and legal into its service line
The new model will also bring together the firm’s deals and private advisory professionals and its consultants into a renamed “advisory” service.
- Edmund Tadros
