Observations
Dec 04, 2023The Australian government is set to introduce legislation to impose stringent fines of up to $780 million on companies found undermining tax laws. The move follows the PwC tax leaks scandal, which prompted a reassessment of government use of Big Four firms.
Observations
Aug 22, 2023In the most recent financial year, the Australian government has drastically reduced its spending on external advisory. Top consulting firms — KPMG, PwC, EY, Deloitte, and Accenture — secured contracts worth approximately $1.2 billion with federal government departments, a notable decline from nearly $1.7 billion the previous year.
