This Month
KordaMentha raids KPMG to create new defence advisory business
The new consulting offering will be established as the big four firm’s once-mainstay defence practice continues to erode under a broader government crackdown.
- Daniel Arbon
Sayers Group considers name change amid lewd photo scandal
The firm was built around Sayer’s personal brand and gathered high-profile Melbourne businesses identities to bankroll the venture when it launched.
- Hannah Wootton, Mark Di Stefano and Zoe Samios
Sayers’ boutique firm loses key partner as departures mount
Tom Considine, a former senior public servant, left Sayers Group in December and has joined KordaMentha’s real estate team.
- Lucy Dean
- Opinion
- Chanticleer
Telstra’s Vicki.ai a glimpse into the future of Australian business
Telstra’s decision to hive off its AI projects and staff will make other companies take notice. The big consulting groups and tech companies must be loving it.
- Anthony Macdonald
- Exclusive
- Telecommunications
Telstra spends $700m on massive AI rollout
The telecommunications giant is bringing in Accenture to apply the technology across its entire business as it tries to cut costs and boost returns.
- Jenny Wiggins
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
- Opinion
- Chanticleer
How Formula 1 engineers turbocharged a $200b public company
Australian CEOs are often shy to talk about how and when they use external consultants. The boss of this big French company, which plays an important role in Australia’s health system, isn’t.
- Anthony Macdonald
December 2024
Are you guilty of using this year’s most awful jargon?
Here’s the past 12 months in words and phrases that professionals love to use, and what they’re really saying. We hope to never see any of them again.
- Updated
- Edmund Tadros
- 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
‘Powerful message to consulting’: McKinsey to pay $1b for opioid crisis
The business consulting giant has agreed to pay the money to end a US Justice Department criminal probe into its role in bolstering sales of pain pills.
- David Ovalle
Boutique consultancy thrives in difficult market for major firms
Specialist advisory firm Lumenia has quickly built up a roster of clients thanks to its ability to take on smaller projects and adapt to changing customer needs.
- 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
McKinsey pays $190m to resolve probes into South Africa bribes
The firm participated in a years-long scheme to bribe government officials in South Africa, according to US officials.
- Stephen Foley
- 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
MinterEllison raids PwC, KPMG to build up consulting arm
Consultants now make up almost 10 per cent of fee-earners at the firm, as clients prove increasingly willing to seek non-legal advice from law firms.
- Edmund Tadros
Former Melbourne mayor appointed CEO of fast-growing Create Advisory
Sally Capp will head the consulting firm set up by the former Sayers Group partner and Labor staffer Nicole Scurrah.
- Patrick Durkin
November 2024
Fewer super funds means more business for this tech consultancy
The ongoing merger activity in the superannuation sector has supercharged growth at Wollongong-headquartered IT services company Novigi.
- Edmund Tadros
Canberra’s in-house consultants notch up 15 government projects
The federal government’s internal consulting service has completed 15 projects, including policy development, analytics assessments and strategy work.
- Edmund Tadros
Tracking and decoding corporate jargon
A tracker of our growing list of corporatespeak – and our suggestions for plain-language alternatives. Consider it your jargon dictionary.
- Updated
- Edmund Tadros
Alvarez & Marsal lands advisory role on $4b Novotech sale
Bain and Kohlberg are both running hard at the asset and are expected to submit binding offers at the end of this month.
- Sarah Thompson, Kanika Sood and Emma Rapaport