This Month
The PwC players, the blowback and why it could all happen again
Many current and former PwC partners still don’t believe the tax leaks scandals involved any serious wrongdoing, and regulators can’t be sure there will not be a repeat.
- Edmund Tadros
Market mayhem | PwC tax saga | Stutch’s biggest stories
On a special episode James and Anthony trawl through the greatest hits of the Financial Review’s outgoing editor-in-chief Michael Stutchbury, and look at the sell-off that had global markets in turmoil.
‘Nerds gone wild’: Inside PwC’s last party before it all blew up
It is the days-long party now described as the last hurrah before the storm of the tax leaks. Within six months, the scandal would change the firm forever.
- Edmund Tadros
PwC monetised secret government tax information: O'Neill
Senator Deborah O'Neill raised revelations about PwC divulging confidential tax information in Parliament on May 9, 2023.
- Updated
‘I’ll make you more money’: Inside Seymour’s CEO pitch
The candidates had unofficial campaign managers and developed manifestos. Lobbying was done in the office, over drinks, during the weekend. And like any good election, the voters’ main concern was what was in it for them.
- Edmund Tadros
- Exclusive
- Big four consultants
Big four consultants’ ‘land and expand’ strategy hammered by scandals
The big four consulting firms secured about $90 million worth of contract extensions from Canberra last financial year, down from a record $252 million the year before.
- Ronald Mizen
The Tax Office goes to war with Seymour as Sayers goes big
While PwC tax divisions was mired in a paper war with the ATO, it transformed from a conservative accounting firm to hard-charging, hard-drinking company.
- Edmund Tadros
- Opinion
- Rear Window
With friends like PwC, who needs enemies?
Kristin Stubbins does not seem assured her former employer necessarily has her best interests at heart.
- Max Mason
The emails that almost destroyed PwC Australia
Insiders thought it was a “joke” for PwC to both advise the government on tax reform while helping clients exploit those reforms. One meeting sent the Tax Office over the edge.
- Edmund Tadros
- Exclusive
- Big four consultants
Big four’s river of gold from taxpayers slashed 50pc
The Department of Defence recorded the biggest fall in spending as Labor cuts the public service’s reliance on outside advice.
- Ronald Mizen
- Investigation
- Tax avoidance
‘We couldn’t believe it’: Insiders reveal how PwC unravelled as scandal broke
The inside story of how PwC transformed from dull accountant into a sales-driven firm that would tear itself apart.
- Edmund Tadros
PwC leaders at war over tax scandal
PwC’s former general counsel says she repeatedly advised then chief Luke Sayers and the governance board that legal professional privilege was being misused.
- Edmund Tadros and Maxim Shanahan
- Opinion
- Opinion
Penitence, bravado and rattling the PwC can
The firm’s alumni deploy the “I take full responsibility, it was all the other guy’s fault” defence.
- Neil Chenoweth
Sayers, Seymour round on Burrowes over global conflict
Former chief executives Luke Sayers and Tom Seymour have expressed surprise at Kevin Burrowes’ second role with PwC International. How the day unfolded.
- Updated
- Lucy Slade and Maxim Shanahan
- Opinion
- Chanticleer
PwC hasn’t paid full price for eight years of risk failure
Exactly who deserves the most blame for the PwC scandal remains a subject of fierce debate. But it’s the systemic failures of risk management that really matter.
- James Thomson
Sayers, Seymour round on Burrowes’ global role
Kevin Burrowes’ second role with PwC International, worth $1.2 million, was criticised by past CEOs who said it presented conflict issues and did not align with the firm’s values.
- Maxim Shanahan and Edmund Tadros
PwC clears itself of misleading ATO on FIRB application
Three current and former PwC Australia CEOs will appear before parliament on Friday to testify about the firm’s tax leaks scandal .
- Edmund Tadros
Ex-Macquarie exec named PwC Australia’s first independent chairman
Company director and thriller writer John M. Green will take the role at PwC Australia as part of reforms following the firm’s tax leaks scandal.
- Edmund Tadros
July
ATO expose earns award nomination for AFR’s Chenoweth
The Australian Financial Review’s Neil Chenoweth has been nominated in the top finance reporting category for a series dubbed Cracking the Tax Office Omerta.
- Updated
Scyne to cut 90 jobs amid crunch on Canberra work
Those affected have had a tumultuous year, in which they were obligated to move to the start-up after the firesale only to find themselves unemployed again now.
- Edmund Tadros
