An independent review of PwC Australia has unveiled a deeply flawed corporate culture that tolerated bad behavior and prioritized the pursuit of profit "growth at all costs." The review, conducted by former telecommunications CEO Ziggy Switkowski, also found a lack of governance that allowed misconduct to persist unchecked for years, ultimately leading to the firm's tax leaks scandal.
"The report highlights that we've had failure of leadership, by individuals and by the firm," said Kevin Burrowes, who was appointed CEO of PwC Australia following the ouster of his predecessor.
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