In focus: Australian super funds cut ties with PwC over tax leaks
Australia's biggest asset owners have effectively cut business ties with the Big Four firm, while government guidance warns explicitly of engagement with ethically dubious companies.
It is hard to quantify the damage done to the reputation of big four consulting firm PriceWaterhouseCoopers (PWC) in Australia, but with major asset owners and institutions now boycotting the firm, industry personnel who spoke with AsianInvestor have speculated that it will be a difficult road back from here.
PwC’s Australia business has become the centre of a scandal over its leaking of confidential government tax plans to its client base. In 2016, PwC charged $2.5 million in fee…
Please sign in or register
for free access to 1 article per month from AsianInvestor’s content and archives of over 16,000 articles.
¬ Haymarket Media Limited. All rights reserved.