KPMG
KPMG boss takes a pay hit as deal flow slows
Consulting giant KPMG Australia boss Andrew Yates’ pay packet has shrunk by $600,000 in the past financial year, as a softer local economy took its toll on available consulting work.
- by Colin Kruger
Latest
Big four consulting firms accused of ‘lowball quoting’ to win government contracts
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.
- by Angus Thompson
Exclusive
Home Truths
The refugees left, but the millions kept coming for Nauru contractor
Documents reveal how Australian company Canstruct made big profits servicing refugees on Nauru, and they only got bigger as time went on.
- by Michael Bachelard and Nick McKenzie
PwC scandal prompts government crackdown on tax adviser misconduct
The maximum penalty for advisers and firms that promote tax exploitation schemes will rise from $7.8 million to more than $780 million.
- by Angus Thompson and Millie Muroi
PwC and rivals Deloitte, KPMG air dirty laundry in Senate inquiry
PwC Australia has admitted to dealing with more than 100 complaints of sexual harassment since the 2019 financial year – including 19 last year.
- by Colin Kruger
PwC tax scandal disturbing and unacceptable, says KPMG boss
KPMG boss Andrew Yates publicly rebuked PwC while apologising for his own firm’s failings.
- by Colin Kruger
Editorial
PwC tax scandal
PwC’s self-immolation prompts concern the fire has spread
A corrupt culture could permeate the outsourcing of federal government work to the consultant industry and we are powerless to prevent it
- The Herald's View
Exclusive
Political donations
Big four consultancies win $1.4 billion a year in taxpayer-funded contracts
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.
- by David Crowe and Matthew Knott
Builders delay thousands of homes over high costs, lacklustre property prices
Victorian property developers are holding off on construction of new homes because of soaring costs and flat property prices – despite being given the green light to start work by local councils.
- by Josh Gordon
Exclusive
Development
Half of new homes in Sydney have one thing in common
Up to 430,000 homes were added in Greater Sydney between 2006 and 2021, with West Pennant Hills, Mascot and Zetland adding the highest number.
- by Matt Wade
Updated
Business confidence
‘Short, sharp disruption’: Business leaders look beyond China COVID outbreak
KPMG chairman Alison Kitchen believes China’s latest outbreak, the scale and severity of which is not known, will not create new problems for local retailers.
- by Jessica Yun