The maximum penalty for advisers and firms that promote tax exploitation schemes will rise from $7.8 million to more than $780 million.
PwC was not the only one in the firing line this week as a Senate inquiry revealed multimillion-dollar pay packets and a lack of disclosure on wrongdoing.
If Victoria had just listened to PwC years ago,maybe it wouldn’t be in this mess.
Controversial consultant David Milo used material he obtained as a partner at Deloitte to further his private interests after he left the firm.
Two of former Labor premier Morris Iemma’s sons are now working for current Labor premier Chris Minns.
In a senate hearing into the management of consulting firms,former ACCC chairman Allan Fels also argued for the break-up of the major consultancies.
PwC Australia has admitted to dealing with more than 100 complaints of sexual harassment since the 2019 financial year – including 19 last year.
A corrupt culture could permeate the outsourcing of federal government work to the consultant industry and we are powerless to prevent it
The Centre for Public Integrity claims consulting giants are wielding undue influence as a new study finds PwC is now the biggest political donor of the big four.
Australia faces its toughest non-COVID phase since the devastating recession of 1990-91,Deloitte Access Economics has warned.
Amberjit Endow promised high-profile investors – including a former AFL champion – returns of up to 40 per cent in six months for lending him money to purchase what he claimed were Indian government-issued bonds.