This Month
- 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
November
Investors cheer TechnologyOne’s earnings surprise
Shares in the Brisbane-based enterprise software firm soared on evidence a new sales model and UK growth were helping it take on giants like SAP.
- Paul Smith
Accenture readies Future Made in Australia ad blitz
The advertising agency that sells lamb on Australia Day will now sell the government’s Future Made in Australia package.
- Myriam Robin
Labor cuts spending on major consulting firms by $891m over two years
The value of Commonwealth work outsourced to Accenture, Deloitte, EY, KPMG and PWC is down to $1.5 billion since Labor took power in mid-2022.
- Edmund Tadros
October
- Analysis
- The Breakdown
These new ‘AI agents’ could change white-collar workforce
A “groundbreaking” development means bots can now work computers like a human, leading people to question whether office workers could be replaced.
- Paul Smith
ASX drops 1pc; Bad news for your super; The cost of being Young Rich
Read everything that’s happened in the news so far today.
Start-up deploys AI to slash consultant costs
A company launched by Accenture’s former head of generative AI uses the tools to streamline costly early legwork by consultants.
- Edmund Tadros
September
Why becoming a chief of staff is good for your career
Three top executives who took on the role early in their careers say the position was a springboard to far bigger jobs.
- Sally Patten
ASX breaks record; Pager bombs ‘were Mossad’; Macquarie’s big bets
Read everything that’s happened in the news so far today.
Accenture to defer most MD promotions by six months
Technology consulting firm Accenture is planning to push back the bulk of its managing director promotions in the latest sign of a prolonged slump in the industry.
- Edmund Tadros and Jennifer Creery
Accenture denied suppression order amid open justice debate
Justice Scott Goodman criticised the consulting firm’s “all or nothing” stance, following recent criticism of “a culture of secrecy” in litigation.
- Maxim Shanahan
August
This Australian creative is taking the top job at global firm Droga5
Mark Green co-founded The Monkeys 18 years ago, selling it in 2017. Now he’s moving to New York to take over as chief executive of the advertising giant.
- Sam Buckingham-Jones
- Exclusive
- AI
This Aussie unicorn is paying millions for a chief AI officer. Should you?
SafetyCulture is on the hunt for its first AI boss as companies scramble to find executives to help unlock billions of value from the hot technology.
- Tess Bennett
July
Consultants face decade-low growth slump
Annual growth in the sector is forecast to fall to its lowest level – apart from the short-lived pandemic slump – since 2015.
- Edmund Tadros
June
KPMG launches radical overhaul, cuts 200 senior jobs
KPMG Australia will overhaul its consulting business to focus on tech-related advisory and software installation as part of an $80 million cost-cutting exercise that will include cutting about 200 roles at the firm.
- Edmund Tadros
Consulting firms soften partner intakes despite rise in exits
The latest partner promotions and appointments at EY, Deloitte and PwC reflect the major downturn in advisory work.
- Maxim Shanahan and Edmund Tadros
May
ChatPwC v KPMG KymChat: Consultants race is on after ‘world’s biggest’ AI deal
The US and UK arms of consulting giant PwC have become the biggest direct corporate client of OpenAI, announcing a deal to use and resell the AI firm’s tools.
- Paul Smith 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
Telstra axes jobs | Hard Rock muddies Star approach | Nine signs of an ASX ‘mini melt-up’
Read everything that’s happened in the news so far today.
- 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