This Month
- Exclusive
- Retail
Internal figures show true cost of Endeavour’s split with Woolworths
The retailer behind BWS and Dan Murphy’s has never disclosed the cost of its 2021 separation from the supermarket giant, but it seems more than many expected.
- Carrie LaFrenz
PwC managing partner taps out after 18 years
Street Talk understands highly regarded consultant Adam Lai lobbed his resignation on Tuesday and already has another leadership role lined up.
- Sarah Thompson, Kanika Sood and Emma Rapaport
BGH Capital approached PwC for its private tax business
Demerging teams and even entire divisions from big four consultancy firms was once highly unusual, but for the PwC at least it has become more regular.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Lewd photo scandal sparks AFL investigation for Melbourne’s Mr Teflon
Is this how Luke Sayers, PwC’s youngest CEO and the head of one of Melbourne’s most popular football clubs, finally comes undone?
- Hannah Wootton
Adamantem bets on commercial solar with Microgrid deal; CBA adds debt
The investment manager will sink $24 million in via its environmental opportunities fund, in a deal advised by Corrs and PwC.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Exclusive
- Accounting
PwC partner Rob Silverwood to exit
The internal announcement comes after the senior M&A partner was linked to a breakaway firm being funded by private equity. He will depart by the end of June.
- Edmund Tadros
BDO poaches big-four talent as partnership hits record high
The country’s fifth-largest accounting firm by revenue has surpassed the 300-partner milestone as it ropes in staff from larger rivals.
- Daniel Arbon
Carlton president Sayers caught in lewd pic scandal
The former PwC boss Luke Sayers claims a hacker was responsible for a nude picture sent to a female executive on social media.
- Gus McCubbing
Disciplinary body drops investigation into former PwC tax partner
CA ANZ has discontinued an investigation into Wayne Plummer, but says other former partners are still being investigated.
- Maxim Shanahan
Government floats loosening ATO secrecy on money-laundering, takeovers
The proposals are the latest in the government’s ongoing response to the PwC tax leaks scandal.
- Maxim Shanahan
The skills you need to thrive at work in 2025
Experts say critical thinking, problem-solving and using generative AI ethically and productively are among the top skills for knowledge workers this year.
- Euan Black
December 2024
- Exclusive
- Accounting
BGH targets PwC dealmakers for new M&A advisory
Under the proposal, more than a dozen top transactions partners would leave for a new firm that would be overseen by Rob Silverwood, currently PwC’s deals boss.
- Edmund Tadros, Sarah Thompson and Emma Rapaport
- Exclusive
- Big four accountants
EY sues five partners who left for Alvarez & Marsal
The civil action comes as EY’s leadership asks at least eight partners to leave as part of a cost-cutting exercise.
- Edmund Tadros
‘Eat what you kill:’ how this consultancy is taking on the big four
Alvarez & Marsal’s remuneration model means managing directors can potentially earn multiples of the average big four partner pay.
- Edmund Tadros
- Exclusive
- Big four consultants
What Defence spent on consultants could run submarine fleet for a year
What would Defence’s $811 million in spending on the big five consulting firms in 2022-23 buy? Turns out the answer is quite a lot.
- Ronald Mizen
PwC in talks to offload insolvency unit to Teneo
Insolvency teams have a long history of moving in and out of the big four firms as they become frustrated at being constantly conflicted out of work.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Is this the year of the sober office Christmas party?
Employers are ditching traditional drinks for team building events such as crafts and sports.
- Emma Jacobs and Eri Sugiura
Why PwC global put its own man in to run PwC Australia
PwC International parachuted in UK partner Kevin Burrowes to run the Australian firm after becoming frustrated with the local firm’s “failure to co-operate”.
- Edmund Tadros
November 2024
- Exclusive
- PwC tax scandal
PwC Australia to cut payments to retired partners by at least 25pc
About 700 former partners will have their retirement payments cut after profits dropped due to hundreds of partners leaving after the tax leaks scandal.
- Edmund Tadros
David Di Pilla’s favourite chairman applies some whitewash
The prodigious dealmaker tapped Joseph Carrozzi to be chairman of DigiCo REIT. Just don’t mention his former employer.
- Mark Di Stefano