Yesterday
CEOs hate remote working, unless it’s them
When top executives work remotely, it becomes more difficult to drag everyone else to their desks.
This Month
Birmingham new ABA chief; PwC profit slumps; 50 best restaurants
Read everything that’s happened in the news so far today.
PwC Australia’s profit slumps 17pc, inaugural audited accounts show
The firm is the first big four accounting group to publish an audited financial report, part of its reform process following the tax leaks scandal.
Federal Court date looms for Iren crypto bros
The Young Rich Listers fought tooth and nail to prevent being summoned and appearing in the witness box in an Australian court.
Disrupted or displaced? How AI is shaking up jobs
Recent examples of AI-driven lay-offs, from IBM to Duolingo, are fuelling questions about whether a slash and burn of white-collar roles is under way.
How to get from PwC Sydney to the top of the world’s biggest bank
Marianne Lake does not “fit the typical profile” of a top banker at JP Morgan, given she spent her formative years outside the US.
From stopping thieves in the GFC to running a $1b company, via The Star
Scott Wharton had an uneasy stint as CEO of The Star Sydney, but it was nothing compared with trying to stop office break-ins during the Lehman Bros collapse.
AI jobs plateau suggests we’re embracing skills
AI continues to drive jobs growth, says a new report. But the global appetite is bigger, leaving Australian companies in the dust.
McKinsey leans on AI to do junior workers’ tasks
The firm is increasingly drafting proposals and making slides using artificial intelligence, as the new technology reshapes how consultancies operate.
Star chair Anne Ward’s other sharemarket dumpster fire
Ward chairs the ASX-listed Articore (formerly Redbubble), which is facing an audacious putsch.
May
The PwC scandal was bad, the cover-up is worse
The early conclusion to what was already a dubious exercise in scrutiny is exactly what we’ve come to expect.
‘Nothing independent’ about PwC’s reform assessment, MPs say
Independent monitoring of the consulting giant’s “commitments to change” will end almost a year ahead of schedule, but its CEO says there is more work to do.
Private equity, trade buyers line up for Telstra IT Services
Macquarie Capital’s technology, media and telecommunications bankers had been retained to find a buyer for Telstra’s IT services unit.
Trump may be rare good news for the big four consulting firms
Uncertainty stemming from the US president’s unpredictable administration is pushing clients to re-engage with firms for advice on operations and strategy.
Telstra seeks buyer for MTData subsidiary; hires corporate adviser
The IM talked up the opportunity present in the global fleet telematics market, which is projected to grow at 9 per cent compounded over the next eight years to $US170 billion.
PwC dragged into government contracts corruption probe
A former PwC partner’s close relationship with a public servant accused of serious corrupt conduct is under the microscope at ICAC.
April
PwC threatens to sack UK staff who fail to come to the office
The firm’s human resources chief said, “disciplinary action” was possible against employees who failed to work in the office at least three days a week.
Work from home or bring home to work? New trend brings ‘day of relief’
More companies are offering staff the option to bring their children into the office during the school holidays, saving them money and, in some cases, their sanity.
Tax Practitioners Board and former PwC CEO can’t get on the same page
Tom Seymour may be trying to tick every box now, but the tax professionals watchdog isn’t helping.
ASX wipes $38b; Australia’s ‘bizarre’ 29pc tariff; Scyne slashes staff
Read everything that’s happened in the news so far today.