Perth corporate adviser Maurice Argento has sold his boutique consulting firm to Deloitte, marking the second time he has sold his business to one of the ‘big four'.
In this podcast Mark Beyer and Mark Pownall discuss Scyne Advisory, Aravina Estate, Primero and Wood wins, Centurion expands, house prices, interest rates, Hancock, Arbor Centre, architects and corporate finance.
Allegro Funds has committed to invest $100 million in Scyne Advisory, the new public sector firm with about 130 former PwC partners, including at least six in WA.
The embattled firm will offload its state and federal consulting business to private equity group Allegro while an international PwC executive will take charge in Australia.
A Senate budget estimates hearing in Canberra has been told $25 million in contracts with PwC are being examined for any conflicts of interest and risks.
The head of Treasury has told a Senate estimates hearing he cannot comment in detail on action being taken against PwC because it may impact on a police probe.
Perth partner Justin Carroll has become interim chair of PwC Australia, which has directed nine partners to go on leave but resisted calls from the prime minister to name all partners involved in its tax scandal.
PwC is under attack on multiple fronts with the federal government ordering consultants to stand down and tightening procurement rules after police launched a criminal probe.
Treasury has referred recent revelations of a tax leaks scandal currently plaguing PwC Australia to the Australian Federal Police to consider a criminal investigation.
The federal government remains under pressure to ban contracts with consultancy giant PwC after the firm leaked confidential government information to clients.
Our weekly appointments wrap includes David Haslett, Pierre Yang, Jackie Jarvis, Sam Vandongen, Natalie Whitby, Stephen Lemonis, Chris Bingemann, Marcus Tan and Jessica Gethin.
Engineering services firm SRG Global is set to buy ALS subsidiary Asset Care for $80 million by raising $51 million in new equity, as it reports an upswing in half-yearly revenue and profit.
The leaders of global accounting firm EY have decided to hold a vote on their planned split into stand-alone audit and consulting businesses, each with revenue of about $US20 billion.
Wesfarmers boss Rob Scott and FMG founder Andrew Forrest are likely to be the only Perth-based business leaders at next week's jobs summit in Canberra, with Meg O'Neill a conspicuous absentee.
A new study has highlighted the lack of progress in closing the ‘indigenous employment gap' in Australia and the near complete absence of indigenous people from senior management.
Analysis into ASX200 companies and their ESG reporting standards yielded encouraging headway, but PwC says the top end of town needs to keep pace with informed stakeholders.
Sun Cable has hired a suite of global companies including PwC, Bechtel and SMEC to deliver a $30 billion solar project designed to supply renewable energy to Australia and Singapore.
Perth-based mining technology company Kinetic Logging Services has been sold for a bumper price of more than $150 million, with local investor Viburnum a big winner.