Tom Seymour conducts PwC’s cluster-fiasco

Australia News News

Tom Seymour conducts PwC’s cluster-fiasco
Australia Latest News,Australia Headlines
  • 📰 FinancialReview
  • ⏱ Reading Time:
  • 62 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 90%

Tom Seymour, CEO of PwC, is imploding before our very eyes, his story is falling apart with every new piece of information that comes to light.

The clients are panicked. There are 900 supposedly intelligent partners of the firm. It is now a matter of days until the key warlords stand up and say, “You are f---ed mate, just get off the throne you bloody knob. You are doing more damage every time you open your mouth.”

Now it’s budget week and PwC is the naming rights sponsor of the headline fundraising dinners. Seymour has paid top dollar, positioned himself beautifully, done exactly what a skilled influence peddler would do. Then he soused himself in accelerant and took up smoking.. They will be looking at the PwC logo on his lectern and whispering among themselves. While Seymour delivers the vote of thanks, someone at his table will mercifully rub Novichok on his fork.

But the show will go on because PwC is embedded. The firm is co-morbid with the Commonwealth, whichever major party is in power. PwC is right now delivering critical contracts, providing government capability long ago denuded from the Australian Public Service. The right penalty here is for Chalmers to ban the firm from applying for future tenders for a period of time. That would really hurt.promised to “change the way that politics operates in this country”. Well, here’s the perfect test.

In May, newly released internal firm emails showed dozens of PwC partners and staff were involved in a plan to exploit, for profit, information Mr Collins had gleaned while advising the government on developing the multinational tax avoidance laws.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

FinancialReview /  🏆 2. in AU

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Vanessa Hudson ‘uniquely qualified’ for CEO role: Richard GoyderVanessa Hudson ‘uniquely qualified’ for CEO role: Richard GoyderQantas Chairman Richard Goyder says incoming CEO Vanessa Hudson was appointed “on her merits” and is a stand-out in the board's view. “Her background across different aspects of the airline make her, I think, uniquely qualified,” Mr Goyder told Sky News Business Editor Ross Greenwood. “I’m super excited that our 13th CEO is a female.”
Read more »

Lionel Richie, Katy Perry and Tom Cruise among the stars to perform at King's coronation concertLionel Richie, Katy Perry and Tom Cruise among the stars to perform at King's coronation concertAn array of international pop stars will join a world-class orchestra and other entertainers at Windsor Castle on Monday for the coronation concert. Here's how and when you can watch.
Read more »

Qantas has revealed its first female CEO's salary. One expert says there's a gender pay gapQantas has revealed its first female CEO's salary. One expert says there's a gender pay gapVanessa Hudson, who will take over as Qantas CEO from Alan Joyce in November, will have a base salary around 25 per cent less than her predecessor.
Read more »

Electric vehicle adoption in Australia ‘accelerates’Electric vehicle adoption in Australia ‘accelerates’Splend CEO Chris King says that Australia's electric vehicle (EV) uptake is rapidly gaining momentum. 'Significant momentum and l would characterise where Australia was 12-18 months ago as one of the slowest out from an EV uptake perspective,' Mr King told Sky News Australia. 'In 12 months, it's done a 360, and it's really accelerating.' Mr King adds that while Australia initially lagged behind, it is now catching up quickly, making the future of EVs in the country exciting as they accelerate and compete with markets like the US and the UK.
Read more »

Central banks are ‘fighting hard’ to manage a stressed customer base in the economyCentral banks are ‘fighting hard’ to manage a stressed customer base in the economyANZ CEO Shayne Elliott says there is “stress across the economy” as bank chief executives are trying to manage stressed customers. “There’s definitely stress across the economy … we’re dealing with an inflation problem across Australia and the world for that matter and of course central banks are fighting hard by raising interest rates, that causes pain,” Mr Elliott told Sky News Australia.
Read more »



Render Time: 2025-02-28 19:58:55