PwC Financial News

05.09 / 20:20

Provident Booking Manufacturing PwC Aldi Insignia Packaging biz Winson Group hunts for new owner, PwC hired

Family-owned printing, packaging and labelling business Winson Group has its sell-side adviser PwC telling potential buyers to think about $208 million revenue this financial year as its founding family looks for an exit.

05.09 / 05:31

UPS FIVE Art Career PwC performer Former PwC partner becomes a KordaMentha consultant

Former PwC partner Peter Konidaris has become a consultant at advisory firm KordaMentha, making him the first of the named tax leaks partners to take up employment at a new outfit.

05.09 / 03:55

COST UPS PwC Deloitte ANZ show audit ‘Fairly optimal’: Big four earn 99.3pc of top companies’ audit fees

The big four accounting firms earned 99.3 per cent of audit fees paid by Australia’s 200 largest listed companies last year, a proportion described as “to be expected” in any competitive market.

04.09 / 12:22

Lowe's Target Reuters Cooper Action PwC exit Reaching 2% inflation goal necessary for BOJ easy policy exit, says ex-board member Kataoka

By Divya Chowdhury

04.09 / 05:35

UPS Provident Target CEO PwC show Melbourne climate risk consultancy Energetics up for sale; PwC hired

While PwC Australia’s top brass has been busy selling their government consultancy arm to Allegro Funds, its dealmakers have drummed up a consultancy client to show to prospective buyers.

01.09 / 02:15

UPS Provident Target Pool PwC Deloitte PwC revenue rises, as partners take 30pc pay cut

PwC Australia has posted consolidated revenue of $3.2 billion, up 12 per cent, in 2022-23 but profit was flat as the firm’s tax leaks scandal hit the final months of the full-year results.

31.08 / 18:35

COST UPS PwC PINK show track Lost 100,000 startup workers may have lost jobs in past 2 years

MUMBAI : The once-booming startup ecosystem in India is facing a much more severe job crisis than expected. According to staffing firms and headhunters, lay-offs at new-age businesses are estimated to be at least three times higher than publicly disclosed. In the past 24 months alone, more than 1,400 companies have handed out pink slips to around 91,000 employees.

31.08 / 09:35

UPS CEO PwC committee Sebi reconstitutes panel on alternative investment policy advisory committee

PTI. According to SEBI, the committee -- constituted in March 2015 and had 20 members when it was last rejigged by the regulator in February 2022 -- has now 25 members. Chaired by Infosys co-founder N R Narayana Murthy, the committee has submitted three reports on the AIF (Alternative Investment Fund) industry.

31.08 / 09:01

UPS CEO PwC Sebi rejigs panel on alternative investment policy; expands to 25 members

investment policy advisory committee, which advises the capital markets regulator on a range of issues that impact further development of the AIF space.

31.08 / 00:11

Apple Fallout PwC country Inside Australian Can PwC’s Australian business survive the tax leaks scandal?

Before the tax leaks scandal broke this year, PwC was the dominant professional services group in the country.

30.08 / 01:15

UPS Chase PwC show Roc Partners sets the Pace for poultry deals

Roc Partners is now the owner of the country’s second-largest egg supplier in a deal sources say is worth some $350 million, Street Talk can reveal.

29.08 / 12:19

Provident Microsoft Enterprise PwC exclusive OpenAI launches ChatGPT Enterprise for business, featuring enhanced security amid usership decline

OpenAI announced the launch of ChatGPT Enterprise, a business-oriented iteration of its widely acclaimed artificial intelligence system. This move comes as ChatGPT has faced a decrease in user engagement nine months after its groundbreaking introduction. OpenAI's latest offering, ChatGPT Enterprise, will provide business users with an upgraded version of the chatbot, featuring robust security and privacy enhancements, building upon the lessons learned from its previous versions, as detailed in their recent blog post.

29.08 / 01:13

UPS FIVE CEO PwC Accenture Deloitte show The firms with the most misconduct complaints, and the least

Staff at KPMG and Deloitte are most willing to lodge workplace complaints and least likely at Accenture, misconduct data disclosed by the nation’s five major consulting firms show. EY and PwC sit in the middle of the pack.

27.08 / 10:27

UPS Provident BLOCK PwC PwC blocked from questioning lab for fake-coal probe

PwC investigators hired by miner Terracom’s lawyers were refused permission to interview a laboratory business accused of helping fake the coal miner’s quality certificates, documents reveal.

25.08 / 02:03

Provident FIVE Strategy Remark PwC performer track McKinsey about-face reveals misconduct complaints

Strategy consulting firm McKinsey has admitted to 15 workplace misconduct complaints in the past five years at its Australian offices, including one of sexual harassment, and says it has settled a discrimination claim from a fired employee.

24.08 / 06:03

COST UPS Strategy PwC Deloitte EY revenue rises 11pc to $2.7b in ‘challenging year’

EY has posted revenue of $2.7 billion, up a solid 11 per cent, during 2022-23 described as a “challenging year” for the firm as growth slows in consulting and while the wider profession faces increased scrutiny at the federal level due to the PwC tax leaks scandal.

23.08 / 19:13

COST UPS Provident Target PwC cover Scyne targets 1500 more PwC staff after nabbing 117 partners

The 117 PwC partners who will join spin-off Scyne Advisory will get a similar income as before, but be paid like executives in a corporation via base pay, equity and potential bonuses rather than a share of profits per year.

23.08 / 03:57

UPS CEO PwC Deloitte cover NSW Greens push for big four firms to pay tax on partner profits

The NSW Greens have proposed an amendment to force accounting firms structured as partnerships with more than 100 partners to pay 5.45 per cent payroll tax on their partner income.

21.08 / 01:47

Pool Align PwC services EY preparing to cut UK jobs amid slowing demand for services

EY is planning to cut jobs in Britain as a challenging market environment crimps appetite for professional services.

18.08 / 14:21

FIVE PwC awards Photography MAT AFR sweeps the Kennedy Awards for PwC tax leaks

Financial Review journalists Neil Chenoweth and Edmund Tadros have won five awards at the NRMA Kennedy Awards for Excellence in Journalism including Journalist of the Year for their reporting on the PwC tax leaks scandal.

18.08 / 07:39

Provident Manufacturing CEO Strategy PwC Simulation country Sharpen your strategic skills with IIM Kozhikode Strategic Management Programme

Advanced Strategic Management Programme. The 12-month programme is designed for senior to mid-level professionals as well as senior executives who want to sharpen their strategic skills to identify, unlock, and capture disruptive growth for their organisations.The IIM Kozhikode Advanced Strategic Management Programme is one-of-its-kind in the way that it combines leadership thinking, growth strategies, strategy and innovation along with contemporary agendas. According to the 23rd Global CEO Survey - The India Outlook by PwC in 2020, only 40% of Indian CEOs were ‘very confident’ about their revenue prospects and felt the need to re-evaluate their corporate strategy.

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