An analysis by the Centre for Public Integrity found taxpayers forked out $1.8 billion more than initially expected for big four consultancy contracts awarded over the past decade.
Staff at the biggest firms complain of sexual harassment by untouchable executives and workloads so excessive that some contemplate suicide.
PwC could be facing a hefty legal bill by a former partner who has also flagged defamation action against the firm after being named in a press release.
The Tax Office met PwC’s then chief executive,Carlton Football Club president Luke Sayers,in August 2019 – nearly two years after it suspected a PwC partner of leaking confidential Treasury tax plans.
The maximum penalty for advisers and firms that promote tax exploitation schemes will rise from $7.8 million to more than $780 million.
The Australian corporate regulator’s chair and deputy chair have both been accused of inappropriate workplace behaviour.
Jim Chalmers has blocked access to correspondence between the tax office and the federal police over the decision not to launch a criminal probe into the consulting firm. Greens senator Barbara Pocock says the “cone of silence approach” is expected from PwC,not from Treasury.
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.
Multinational consulting firm PwC may not be having the best time of late,but they did have some decent advice about hosting the Commonwealth Games.
Award-winning Australian ad agency Thinkerbell has agreed to a “corporate conscious uncoupling” with the embattled professional services firm.