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Assistant Treasurer Stephen Jones.

Labor shift over crackdown on tax agents

The new stance was announced after a meeting between Assistant Treasurer Stephen Jones and a coalition of 10 professional associations.

  • Edmund Tadros
Managing partner Gavin MacLaren.

Corrs’ handcuffs aren’t enough to stop the exits

Another well-liked partner has left the law firm, bringing the total number of departures to 10 since the CEO’s contract extension.

  • Mark Di Stefano
King & Wood Mallesons law firm general scenes. Generic legal, lawyer, legal practice, partner, office tower. Thursday 5th November 2020 AFR photo LOUIE DOUVIS

Law firms lift rates as deals return

A rare alignment of transactional and countercyclical demand has kept lawyers busy across most parts of the legal market.

  • Maxim Shanahan

Corrs partner heads to Ashurst in run of departures

Real estate partner Alexandra Peace, who was hired from Allens in 2019, is the tenth Corrs partner to leave in the past month.

  • Maxim Shanahan

Revealed: The sales targets KPMG Australia sets its consultants

Advisers in its consulting division will be forced to put the firm’s interests before their own, as part of a direction to sell profit-generating work.

  • Edmund Tadros

Data Trackers

The final report by the parliamentary inquiry into audit quality has been tabled.

Financial Review consulting salary guide 2022-23

The full guide to how much you can earn at Accenture, Deloitte, KPMG and PwC.

  • Edmund Tadros

Inside the undoing of PwC

For the first time, the Financial Review tells the story from the perspective of the people inside PwC and the Tax Office.

Professional Moves

Incoming Scyne CEO John Ball.

Scyne appoints Google executive as inaugural CEO

Public sector consulting firm Scyne has appointed senior Google executive John Ball as its inaugural chief executive.

  • Edmund Tadros
Amy Lomas is PwC’s new chief economist.

New PwC chief economist’s top tips for business leaders

Managing costs and increasing productivity are even more important while inflation is high and it’s difficult to find the right staff, Amy Lomas says.

  • Edmund Tadros
New Clayton Utz partners (from left) Amanda Story, Geoff Shaw, Suriyaa Rome and Ed Campbell with Cain Sibley, who leads the firm’s public sector team.

Clayton Utz raids MinterEllison office

Clayton Utz has hired four partners from rival MinterEllison as part of a push to bolster its Canberra office and win more government legal advisory work.

  • Edmund Tadros
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This Month

NSW Finance Minister Courtney Houssos.

NSW rules out payroll tax on big four consulting partners

The NSW Labor government has rejected a push by the Greens to apply payroll tax to the profits of big four consulting firm partners.

  • Edmund Tadros
Incoming Scyne CEO John Ball.

Scyne appoints Google executive as inaugural CEO

Public sector consulting firm Scyne has appointed senior Google executive John Ball as its inaugural chief executive.

  • Edmund Tadros
Boston Consulting Group.

BCG admits it paid bribes to win consulting business in Angola

Boston Consulting Group has admitted it paid millions of dollars in bribes to win business in Angola, and agreed to give up more than $21 million in profits.

  • Stephen Foley and David Pilling
A collaborative approach builds trust with clients.

Consulting shift as mid-tiers take the lead

Mid-tier professional services firms say they are now seeing opportunities where they would have been previously overlooked in favour of the big players.

Sponsored 

by Grant Thornton

August

Canberra

Major law firms locked out of government work

Some of Australia’s largest firms have lost appointments to parts of a major government panel, after the Attorney-General’s Department reduced tender prices.

  • Maxim Shanahan
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Dale McQualter.

He investigated murders, then got a law degree. Now he’s coming after bad execs

New Maddocks partner Dale McQualter swapped his gangland beat for a workplace and investigations practice at a big law firm.

  • Maxim Shanahan
Assistant Treasurer Stephen Jones.

Tax agents won’t have to disclose mental health help: government

The government has again denied claims tax agents would have to disclose private mental health information to clients, and is open to tweaking the new laws.

  • Edmund Tadros and Tom McIlroy
CA ANZ chief executive Ainslie van Onselen, columnist Peter van Onselen and mental health expert Professor Patrick McGorry.

McGorry ‘taken out of context’ by CA ANZ chief van Onselen

Patrick McGorry says he was taken out of context in an opinion article by Chartered Accountants ANZ chief executive Ainslie van Onselen about proposed new laws to rein in rogue tax agents.

  • Edmund Tadros and Myriam Robin
PwC Australia chief executive Kevin Burrowes.

PwC Australia cites confidentiality to withhold CEO data from inquiry

The consulting firm has refused to give a parliamentary inquiry the service agreement between local CEO Kevin Burrowes and PwC International.

  • Edmund Tadros

People think our job is boring: accountants lament image problem

Almost half of surveyed accountants and bookkeepers believe their industry has an image problem, and most say the sector is seen as boring.

  • Edmund Tadros
Former PwC chief executives Tom Seymour and Luke Sayers

Luke Sayers lands and expands in the capital

Unburdened by the PwC fallout, Sayers is hiring in Canberra. A look at the federal tenders won by his firm helps explains why.

  • Mark Di Stefano
Amy Lomas is PwC’s new chief economist.

New PwC chief economist’s top tips for business leaders

Managing costs and increasing productivity are even more important while inflation is high and it’s difficult to find the right staff, Amy Lomas says.

  • Edmund Tadros
One of the potential investors is private equity giant Blackstone.

Private equity circles Grant Thornton’s UK business

Carlyle, Blackstone, Permira, CVC Capital Partners and Bridgepoint are among buyout firms that could result in a $2.9 billion valuation for the business.

  • Simon Foy, Alexandra Heal, Ivan Levingston and Stephen Foley
Former PwC partner Richard Gregg.

PwC moves to settle former partner’s defamation action

The firm is close to settling a case brought by a former partner incorrectly and publicly linked to the notorious tax leaks scandal.

  • Max Mason
New McKinsey partner Eleanor Bensley.

McKinsey partner set to pop up at Bankwest

Commonwealth Bank-owned Bankwest is transitioning to a digital-only bank by the end of 2024.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
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Allan Myers KC says membership rules of the Melbourne Club “enable exclusion of all but those of a narrow racial background”.

Allan Myers’ missile letter at ‘racist’ Melbourne Club

The wealthy barrister excoriated the elite gentleman’s club nominations committee over the rejection of a member, calling out the “stench of racism”.

  • Mark Di Stefano
Mark Irving represented the Health Services Union at the royal commission into Trade Union Governance and Corruption in 2014.

Kathy Jackson’s ‘charity shag’ to administer CFMEU

Melbourne silk Mark Irving is a man deeply familiar with the toss and tumble of union politics.

  • Myriam Robin
New Clayton Utz partners (from left) Amanda Story, Geoff Shaw, Suriyaa Rome and Ed Campbell with Cain Sibley, who leads the firm’s public sector team.

Clayton Utz raids MinterEllison office

Clayton Utz has hired four partners from rival MinterEllison as part of a push to bolster its Canberra office and win more government legal advisory work.

  • Edmund Tadros
A former KPMG Law team has moved to law firm Mills Oakley (from left) lawyer Chloe Kennedy, special counsel Paul Wentworth, senior associate Sophie Evans and partner Hoda Nahlous.

Ex-KPMG legal team makes strong start at Mills Oakley

A team of corporate lawyers from KPMG has moved to law firm Mills Oakley, taking most of their clients with them.

  • Edmund Tadros