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The Latest Breaking News from PwC

‘We remain concerned’: Senate inquiry into PwC tax scandal calls for reform, but overuse of consultants will likely continue

The final report of a Senate inquiry kicked off by the PwC scandal has finally been released.

The Conversation

Billions spent on consultants amid integrity concerns

Australia is spending billions on consulting services despite transparency issues and conflicts of interests, prompting calls to regulate the industry.

AAP

Women have the edge on soft skills to succeed in the age of AI nd break glass ceiling

LinkedIn says progress on female seniority has stalled. AI could change things.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

The PwC scandal sparked scrutiny of advisory firms. Is Australia’s consulting sector about to see a reckoning?

Accountability and regulation are set to be prominent as the federal inquiry releases its final report on Wednesday

The Guardian - AU

Kawasaki New Jet Ski Ultra 160 And 310 Are Ready To Make A Splash

Kawasaki has unveiled the 2025 lineup of Jet Skis consisting of the Ultra 160 and Ultra 310. Both models get fancy tech that put them a cut above the rest.

RideApart

PwC to face scrutiny over advice to clients that might allegedly ‘mislead or subvert’ foreign investment review board

ATO discloses concerns that date back to 2019 in response to questions from Greens senator Barbara Pocock

The Guardian - AU

U.K. Gen Z women probably won’t close the gender pay gap before they retire

The gender pay gap is likely to persist for at least 45 years as progress proves to be stubborn.

Fortune

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Members only: are loyalty card discounts a good deal for UK consumers?

The number of retailers offering special prices for members has soared. We asks if the price cuts are as good as they seem

The Guardian - UK

PwC becomes OpenAI's biggest customer - and first official enterprise reseller

OpenAI had 600k ChatGPT Enterprise users last month – this month, it added 100k more in one single hit.

TechRadar

AI skills that pay the bills: Tech-savvy knowledge workers looking at significant wage boosts

Financial analysts could receive a premium of up to 33%, according to a new report.

Fortune

You don't have to be a programmer to cash in on artificial intelligence. AI skills in these non-tech professions come with massive wage increases

Job postings in the U.S. that seek lawyers with AI skills promise wages that are 49% higher than ads for lawyers without AI skills.

Fortune

Paramount And Disney Grapple With The Rapid Rise Of Streaming

Buyout chatter hit Paramount stock recently as media giants grapple with changing consumer tastes and the rise of streaming.

Investors Business Daily

PwC has a secret weapon when it comes to rolling out AI within the company: Meet the ‘super users’

The consulting firm has an informal team of workers to help upskilling for all staffers.

Fortune

AI skills are increasingly sought after, and could bump up your pay

Businesses are prepared to pay more for AI-skilled workers – these are the best industries for a pay rise.

TechRadar

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The Guardian - UK

Productivity soars in sectors of global economy most exposed to AI, says report

Employers in UK, one of 15 countries studied, willing to pay 14% wage premium for jobs requiring AI skills

The Guardian - AU

Expert says employers can be found liable for sexual assault outside of work hours as PwC fights case

Accountancy firm argues it is not liable since it had taken ‘all reasonable steps’ to prevent such behaviour

The Guardian - UK

‘Big four’ accountancy firms PwC and EY fined over LC&F audit failures

Firms fined millions after London Capital & Finance’s 2019 crash wiped out customers’ savings

The Guardian - UK

‘No dividing line’: consultants advising private water companies also work for their regulator, Ofwat

Campaigners call for the whole regulatory system to be replaced after Observer analysis finds watchdog spent more than £25m with consultancies

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Al Jazeera

In India’s richest state, exam scams kill escape from farm crisis

Ganesh Kale took three dozen exams but was robbed of a fair shot because of corruption. So he tried to take his life.

The Guardian - AU

Senate committee report accuses PwC of trying to cover up tax leaks scandal

New claim follows earlier report by the committee accusing the firm of a ‘calculated’ breach of trust

Top News

China Investigates Pwc In Evergrande Fraud Case

China investigates PwC's role in Evergrande fraud case, raising concerns over financial stability and global market impact.

The Guardian - AU

Afternoon Update: Record increase in net migration; PwC won’t share tax leaks report; and the hot cross buns taste test

Australia’s population grew to 26.8 million in September thanks to a larger than expected rate of immigration

The Guardian - AU

PwC chairman refuses to share tax leaks scandal investigation with Australian parliament

Firm cites legal professional privilege after request for copy of report but provides more detail about scope of investigation

The Guardian - AU

Liberal senator demands PwC executives ‘bare their necks’ at inquiry into consultancies

Richard Colbeck says PwC International must clarify reports it took control of Australian firm after tax leaks scandal

The Guardian - UK

Nearly 5,000 UK chain stores closed last year at rate of 14 a day

Pharmacies, banks and pubs retreat from town and city centres knocked by failure of Wilko last year

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