This Month
McKinsey, BCG don’t want public to know junior partners earn $700,000+
McKinsey told a Senate inquiry it was “not able to share the remuneration of our individual partners”, while BCG said partner pay was “tied to a global structure in a highly competitive global market”.
- Edmund Tadros
- Exclusive
- Enterprise IT
Atturra’s $90m acquisition spree to help it take on Accenture, IBM
CEO Stephen Kowal says the Cirrus deal will give it the balance sheet and scale needed to compete for projects against foreign-owned IT businesses.
- Tess Bennett
November
- Opinion
- Big four
Why there’s a cash crisis at Armaguard
Armaguard suddenly wants an injection of money to continue to deliver cash to banks and businesses in its armoured vehicles. The banking industry and the Reserve Bank want an urgent solution.
- Jennifer Hewett
PwC cuts hundreds of jobs as scandal, slowdown hit
The nation’s once dominant consulting firm, PwC Australia, will cut more than 4 per cent of its 8000-strong workforce.
- Edmund Tadros
Westpac to dump PwC as its auditor
The bank said it would not invite the embattled firm, its current auditor, to tender for external audit services, citing “best practice for audit firm rotation”.
- James Eyers, Lucas Baird and Edmund Tadros
October
Consultants looking to exit will struggle unless they are ‘top 10pc’
Management consultants will struggle to land new roles until Easter next year, but accounting, tax, audit and cyber experts continue to be sought after by the big consulting firms.
- Edmund Tadros
Why adman David Droga finds most advertising ‘formulaic’ and poor
The Australian chief executive of Accenture’s digital agency leads a $28 billion-a-year behemoth. And he has plenty to say.
- Sam Buckingham-Jones
- Exclusive
- Carbon challenge
Coal miners will find new work without taxpayer splurge
A report by economic advisory start-up Mandala shows poorly targeted government support programs for retrenched workers risks wasting taxpayer funds.
- Ronald Mizen
Accenture hears the lucrative drumbeat of war
Accenture emerged from Canberra’s ‘war on consultants’ unscathed. Now, the company has sought outside help getting in on Defence contracts.
- Mark Di Stefano
Inside the secret Accenture team trying to hack the banks
Jason Ford and his “red teams” have been breaking into banks by fooling workers with the latest psychological tricks targeting the human foibles that leave IT defences vulnerable.
- James Eyers
Major consultancies cut staff, slash spending as market slows
A widespread slowdown in public and private sector demand this financial year has led firms to take a variety of measures to reduce or defer costs.
- Edmund Tadros
L’Oreal’s recipe for capitalising on economic downturns
Aoris portfolio manager Delian Entchev shares why consulting giant Accenture is undervalued and what he liked in the Microsoft numbers.
- Joanne Tran
- Sponsored
Collective action crucial to drive systems-wide change to cut emissions
The 1.5 degree threshold, laid out in the Paris Agreement signed in 2016 was earmarked as “the key tipping point” for climate change globally.
Sponsored
by Accenture
Consultants banned from public service core work
A major revamp of public service outsourcing means consultants will lose out on lucrative contracts as federal agencies take their core work in house.
- Tom Burton
Workplaces backing Yes vote vow to double down
Employers that backed the Voice to parliament expect staff to get more involved in work to promote Indigenous advancement regardless of the referendum’s outcome.
- Euan Black
September
One in five EY, PwC partners earns more than $1.3m
The top-earning 20 per cent of partners at big four consulting firms EY and PwC took home than $1.3 million each year, well above the top managing directors at Accenture who earned from $875,000.
- Edmund Tadros
- Opinion
- PwC tax scandal
No big consultancy left untouched by the taint around PwC
Despite the continually emerging evidence of misconduct, and the thorough airing of these matters through parliamentary committees, it seems the sector is still grappling with exactly what this new era of scrutiny means.
- Deborah O'Neill
Senate publishes EY and Deloitte ‘confidential’ partner pay levels
EY and Deloitte handed over the partner pay on the condition it was ‘confidential’. The Senate inquiry didn’t see it that way.
- Mark Di Stefano
The five things keeping consultants awake at night
Shrinking budgets, job losses, the end of the COVID-19 pandemic and artificial intelligence are all shaking up the industry.
- Andrew Edgecliffe-Johnson, Silin Chen and Anjli Raval
One in eight Accenture MDs earns more than $1m
The average Accenture managing director’s pay worked out at roughly $630,000 in FY23 including base pay, bonus payment and equity vested in the financial year.
- Updated
- Edmund Tadros
