Yesterday
Ex-KPMG consultant lands global VC funding for AI start-up
California-based venture capital firm Aliavia Ventures and No Brand Holdings led InsightWise’s $1 million oversubscribed pre-seed round.
Deloitte’s job cutting CEO takes partners on Queensland retreat
As job losses climb into the hundreds, partners enjoyed the Cairns sun.
This Month
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.
PwC spin-off Scyne Advisory to slash staff and restructure
The public sector consulting specialist now owned by Allegro Funds told employees it would cut about 10 per cent of its headcount and focus on tech work.
March
Pemba Capital-backed Rennie Advisory hits the acquisition trail
People briefed on the deliberations described the pool of money that the firm wanted to spend as in the “tens of millions” over at least two deals this year.
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.
PwC spin-off Scyne loses one of its most senior executives
David Sacks said he had decided to leave the professional services industry entirely and “apply my energy to provide more leading and doing”.
Accenture warns that Musk-DOGE cost cuts are hurting sales
The Department of Government Efficiency has taken aim at consulting deals as an example of what the administration deems wasteful spending.
Dan Andrews’ fixer is in the weeds of the CFMEU administration
Self-styled “solutionist” Steve Palmer has a habit of popping up wherever there’s a risk of scandal for Labor and its comrades.
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”.
McKinsey solves the gender pay gap this International Women’s Day
Once women have earned their own equality, Elizabeth Arden will also help them celebrate with free lipstick applications.
From coding to leading the nation’s largest consulting firm
As chief executive Adam Powick prepares to leave Deloitte Australia, the kid from Heidelberg is struck by how much hasn’t changed.
Sayers Group the latest beneficiary in Newington co-ed tussle
The Sydney boys school may be winning its battle to admit girls by 2026, but it’s clocked up some expenses doing so.
‘Unsatisfactory’: US-based firms book biggest gender pay gaps
Law and consulting firms run out of the United States are grappling with the effects of an anti-DEI drive from the US government.
Saudi wealth fund blocks PwC from advisory work for one year
The firm’s auditing projects will not be affected, but the move will still halt the firm’s progress in one of the world’s most lucrative markets.
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.
Accenture and Telstra sign AI joint venture deal
Accenture and Telstra have formally signed a $700 million joint venture deal to create a new company to roll out artificial intelligence across the telco.
FTI Consulting reels from staff exodus after rainmaker launches rival
The firm fired Jonathan Orszag in 2023 in a dispute over profit-sharing and control. He has since taken potentially tens of millions of dollars of business with him.
PwC spin-offs feast on taxpayer consultant addiction
Granting Scyne more than $12 million in taxpayer contracts this year alone doesn’t sound like the government is cutting consultant spending.
‘Ninja-level’ skills: How to pack like a consultant
Plane-hopping professional services consultants know how to pack a bag, including carrying a spare set of the essentials – preferably in colour-coded cubes.