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Big four consultants

Yesterday

KPMG partner fined for using AI to cheat – on an AI test

More than two dozen KPMG Australia personnel have also used artificial intelligence to cheat on internal exams since July.

Igor Sadimenko and Bryan Marsal.

Alvarez & Marsal plots major expansion with big salaries – and demands

The global advisory firm came to Australia in 2023 and has plans to keep hiring and increase revenues rapidly even as the industry’s biggest players shrink.

Bryan Marsal, co-founder of Alvarez & Marsal.

Alvarez & Marsal ‘vikings’ come for Australia’s consulting giants

Bryan Marsal has plenty to say about the New York-headquartered firm’s local prospects. Just don’t suggest it’s an “eat what you kill” operation.

This Month

Luke Sayers’ reign was very successful at PwC, but also controversial.

Luke Sayers’ history of soft-touch probes

The AFL’s rather perfunctory investigation wasn’t the first time the ex-PwC CEO has faced workplace questions of a personal nature.

Horizon Nexus’ new leadership team: Wayne Plummer, Fiona Oliver, Rob Silverwood, Julie Galligan, Steve Clark and Raj Tapper in Melbourne.

BGH-backed Horizon Nexus lands its Big Four-stacked leadership team

Australia’s newest private professional services firm is off to the races and eager to go toe-to-toe with the sector’s leaders.

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Labor senator Deborah O’Neill and Greens senator Barbara.

Labor dodges push to cap big four partnerships at 400

The government has also sidestepped a bipartisan proposal to force Deloitte, EY, KPMG and PwC to separate the management of their audit and non-audit practices.

KPMG Australia will cut the majority of its executive assistants.

KPMG to outsource hundreds of executive assistants to the Philippines

The cut of 200 of its 260 support staff represents about 2 per cent of the big-four consultancy’s almost 9000-strong workforce.

January

Jody Burton is retiring after a lifetime career at the firm.

After three decades, Deloitte’s local chief financial officer bows out

Jody Burton has managed partners, overseen risk mitigation and run the firm’s finances. In 2003, she thought her career might be over before it really took off.

The annual Eye-Roll Award highlights the year’s best/worst jargon.

‘Promoted outwards’: The year’s most indigestible jargon

Artificial intelligence has made the world of corporate guff even more horrific. Here are the worst words of 2025 – we hope to never see any of them again.

The end of the golden era of consulting (and 8 other trends for 2026)

Artificial intelligence is striking fear into the heart of management consultants everywhere. It is one of nine key business trends to watch this year.

December 2025

Three members of EY’s financial due diligence team are on their way out.

BGH-backed consulting venture secures first big four partner hire

Two members of EY’s financial due diligence team, led by partner Steve Clark, are set to join ex-PwC partner Rob Silverwood’s new operation.

Deloitte has been under pressure over its botched AI report.

Deloitte partner exits over AI error-riddled report

The Finance Department is investigating whether other public sector agencies have quality complaints after the firm’s botched report.

Former PwC Australia chief executive Tom Seymour.

Former PwC CEO fined, suspended by Chartered Accountants ANZ

The decision came after the Tax Practitioners Board found Tom Seymour failed to act on signs that secret government information was being shared among partners.

At least some KPMG staff know how to use AI to their advantage.

KPMG auditors caught using AI to cheat on tests

Using AI for assessments is already rampant among schoolkids and uni students, so it was only a matter of time before staff at consulting firms jumped on board.

November 2025

EY has cut staff from its advisory arm.

EY Oceania cuts 90 from consulting arm

The firm continues to hire many graduates, with almost 600 joining during the past year, and is relying on these recruits to bring AI skills into the business.

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KPMG has scored a major victory by winning the Macquarie Group audit.

Macquarie win puts KPMG on track to dominate ASX20 audits

The Macquarie audit is the most coveted and valuable auditing gig in the country, worth almost $75 million in annual fees.

Scyne chief operating officer Richard Gwilym.

Allegro-owned PwC spin-off Scyne slides to big loss in first full year

Accounts lodged with the corporate regulator show the private equity firm injected another $50 million into the public sector consultancy in the 12 months.

Treasurer Jim Chalmers and Finance Minister Katy Gallagher.

$841m public service pay blowout

The budget in March forecast a $42 billion deficit this financial year, though that does not include unbudgeted election promises or the soaring cost of wages.

October 2025

Len Nicita.

The mystery behind sacked EY partner’s missing $4000 jacket

Leonard Joseph Nicita not only lost his coat, but also his job. Though at least he got the former back.

Finance Minister Katy Gallagher and Treasurer Jim Chalmers.

Labor to promote SMEs, women-led firms in overhaul of contracts rules

The new rules will raise the threshold for foreign companies to win government work in a bid to help smaller, local firms win taxpayer-funded contracts instead.