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    PwC

    Today

    Panthera Finance has purchased more than $5.5 billion in receivables from banks, telcos, utilities and the like.

    Panthera Finance administration prompted by founder stoush: PwC

    The Brookfield-backed company collapsed into administration after the twin brothers who founded the debt collection business fell out with one another.

    • Kylar Loussikian

    This Month

    Sin Yin Long

    Boutique firms prove attractive in big four exodus

    Management consultant Sin Yin Long has joined Rennie Advisory, as boutique firms capitalise on instability at the large operators.

    • Maxim Shanahan
    PwC International’s $4 million man Kevin Burrowes.

    PwC’s pay cuts cast grim shadow on secret Burrowes payment

    Partners’ pay is a delicate topic at the consultancy right now.

    • Myriam Robin
    New Scyne managing director Jessica Lambous.

    Scyne hires from public service, new KPMG role for former OECD exec

    Public sector consulting firm Scyne has appointed its first new managing director, while KPMG has brought on former Labor minister David Bradbury as a partner.

    • Edmund Tadros and Tom McIlroy

    Alvarez & Marsal poaches PwC, EY partners

    Transaction services is the highest-demand business unit for Alvarez & Marsal locally, ahead of management consulting and tax advisory.

    • Sarah Thompson, Kanika Sood and Emma Rapaport
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    Scyne CEO Richard Gwilym wants the firm to be profitable by the end of this financial year.

    Sold for $1, Scyne claws back a third of PwC’s revenue

    Scyne, spun out of PwC a year ago, is heading towards $200 million in revenue, rebuilding a third of the roughly $600 million earned by its predecessor firm.

    • Edmund Tadros
     Kevin Burrowes.

    How PwC conjured a FIRB crackdown

    PwC continues to answer the bare minimum, opening doors to meaning and revelation.

    • Myriam Robin and Mark Di Stefano
    The big four firms have been hardest hit by the drop in client demand.

    Consultants face decade-low growth slump

    Annual growth in the sector is forecast to fall to its lowest level – apart from the short-lived pandemic slump – since 2015.

    • Edmund Tadros
    Boston Consulting Group managing partner Grant McCabe.

    Path to Cats presidency goes through Boston Consulting Group

    Critics have labelled Geelong a “boys’ club”. But the board of the Geelong Football Club has tended to draw from an even narrower pool.

    • Myriam Robin
    Lindsey Ruster has joined the PwC partnership after her promotion was delayed due to the tax leaks scandal.

    PwC makes first partner promotions since tax leaks scandal

    The smaller-than-usual partner intake is the first since January 2023, and includes those whose promotion was deferred by the tax leaks scandal.

    • Maxim Shanahan
    Former PwC partner Richard Gregg.

    PwC still paying for bungled tax leaks response

    PwC is now paying the price for forcibly ushering several partners out the door.

    • Max Mason

    June

    PwC Australia CEO Kevin Burrowes.

    PwC’s agent Kevin Burrowes revealed as a $4m man

    The revelation PwC Australia’s CEO is also paid by PwC International adds further texture to the firm’s intransigence with the Senate.

    • Myriam Robin and Mark Di Stefano
    Sydney University student Cynthia Huynh: “Now everything has changed because of the exposure to the companies and professors at Berkeley and Stanford.”

    Why Cynthia’s uni trip to Silicon Valley was life-changing

    Study-abroad programs have become something of a rite of passage for Australian university students, and it can be a life-changing experience.

    • Julie Hare
    Panthera Finance has purchased more than $5.5 billion in receivables from banks, telcos, utilities and the like.

    PwC appointed VA at parent company of Brookfield-backed Panthera

    Panthera’s parent entity’s shares are controlled by the administrator, who may be seeking a buyer.

    • Sarah Thompson, Kanika Sood and Emma Rapaport
    OECD secretary-general Mathias Cormann.

    Global tax war fears as landmark deal set to fail

    Champions of digital taxes have started taking unilateral steps after losing faith in the OECD-backed treaty to overhaul taxation of multinationals.

    • Emma Agyemang, Paola Tamma and Claire Jones
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    Deshnee Naidoo: “We are always taken back to the way things were rather than where they need to go.”

    Mining’s push for gender diversity threatened by ‘Andrew Tate’ effect

    A belief that women are being promoted based on gender, not ability, has permeated to middle management and board level, according to some female leaders.

    • Harry Dempsey
    Jeremy Thorpe hsa left PwC after almost 17 years as a partner and is now a director a Sapere in Sydney on June 14, 2024. Photo: Dominic Lorrimer

    Economist Jeremy Thorpe goes boutique after PwC Australia

    The long-time PwC partner said there had been a clear shift in client demand “away from the big four consulting firms”.

    • Edmund Tadros
    The Senate inquiry has been met with relief inside the sector.

    Consulting pile-on wound back

    The argument for a more company-like corporate form and regulation of professional services partnerships raises two questions that will need thinking through.

    • The AFR View
    Former PwC partner Wayne Plummer.

    Former PwC Australia partner flags legal action against firm

    A former senior partner, Wayne Plummer, has indicated he will sue the firm after being publicly linked to its tax leaks scandal.

    • Edmund Tadros and Maxim Shanahan