This Month
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.
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.
Climate change means Australia has entered the ‘age of the engineer’
Increasing bouts of extreme weather have turbocharged already high demand for engineers across Australia, the incoming head of Aurecon says.
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.
Trump-fuelled policy uncertainty to act as brake on M&A deals in 2025
The White House’s frenetic policymaking will dampen merger and acquisition activity this year, according to consultancy executives.
Luke Sayers’ firm seeks brand experts, but not for itself
Sayers Group is on a hiring spree for brand and customer experts, but its recently returned co-founder appears to be missing from recruitment efforts.
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.
McKinsey considers sale of in-house asset manager after years of controversy
Consulting firm McKinsey is considering spinning off its in-house asset manager MIO Partners, which invests the private wealth of the consulting firm’s senior staff and alumni.
January
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.
Hamilton Locke owner HPX Group leaps into ESG consulting
RSM Australia’s ESG and client services partner Linda Romanovska will head up the effort.
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.
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.
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.
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.