This Month
Deloitte taps ex-speaker Tony Smith for ‘advice’
Is Deloitte trying to get into the Coalition’s good books, or does Tony Smith just really love AI?
PE sinks $350 million into global consultancy firm
Argon & Co is the latest consulting firm to welcome outside capital, and says it will target mergers and acquisitions to grow rapidly.
Deloitte partners gripe over pay unit rumours
Even the Cairns sunshine wasn’t enough to stop a litany of complaints from partners.
Deloitte’s job cutting CEO takes partners on Queensland retreat
As job losses climb into the hundreds, partners enjoyed the Cairns sun.
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.
EY Oceania to avoid merger in global restructure
The firm’s local division will continue to be led by chief executive David Larocca, but job cuts are expected amid a broader reorganisation of the business.
Big four culture makes partner hires unattractive: RSM chief executive
The mid-tier firm prefers to develop its own leaders over hiring from the big four consulting firms – unless those recruits can prove they are team players.
EY and PwC become the outsourcers
Such is the big four’s plight in Canberra that they have started outsourcing their government dealings.
March
New Grant Thornton boss to strike at bigger rivals ‘while iron is hot’
Said Jahani wants to elevate the fast-growing firm’s market position, but is cautious on following his UK and US colleagues in taking private capital.
Former EY partner being sued by ATO challenges tax assessment
Peter White is accused of promoting three illegal tax schemes to seven clients and taking $700,000 in secret commissions.
EY proposes massive restructure, merging divisions to find growth
The accounting and consulting major is proposing to end its overarching geographic groupings and merge regions in a move that will likely result in job losses.
New Deloitte CEO does a night of long knives on consulting partners
The usually revered consulting division has been quietly decimated by sackings.
Post-tax-leak PwC looks beyond profit to measure partner performance
The firm’s first independent chairman, John Green, concedes it has a way to go before it fixes a “growth at all costs” culture where rainmakers are “untouchable”.
February
EY to cut about 100 staff, warns of ‘targeted restructuring’
An Ernst & Young representative said market volatility was continuing to affect business and targeted restructuring may be required.
Scyne Advisory gets ethics and accountability sign off from Finance
After 15 months of monitoring, the Department of Finance concluded that Scyne had “implemented appropriate ethics, accountability and governance arrangements”.
Accenture’s DEI exit could draw disgruntled men from big four
Male consultants who feel gender targets have blocked their paths to partnership might see fresh opportunity at the tech consulting giant.
Another PwC Australia deals partner to leave the firm
Senior partner Sanjiv Jeraj is retiring from the big four firm after almost two decades, and a new partner is helping clients use AI.
McKinsey partners mull China pullout in Trump era
The consulting giant is worried that doing business in China may not be worth the risk.
PwC’s advisory chief has an optimistic outlook for the firm’s finances
Rohit Antao says there is plenty of demand for advice on how to grow sales and cut costs, helping to drive a long-awaited rebound in the consulting sector.
Ashurst expands risk advisory team, adding two new partners
Cybersecurity expert Rachael Falk and KPMG partner Kathleen Conner are joining the division, which now has 23 partners globally.