Last year, the nation’s key players were from the top five firms. This year, they are all outsiders.
The 2022 list of the most powerful people in consulting was populated by consultants including Tom Seymour, then chief executive of PwC, who took out third spot. But the thunderclap ofhas upended the industry and this year’s list is filled with the people who are reshaping it. And that includes just one consultant.
The Finance Department was quick to unveil updated rules reminding procurement officials they must consider previous behaviour, including ethical conduct, when evaluating tenders., estimated before the scandal to be worth almost $1 billion, to private equity investor Allegro Funds for $1.Labor senator O’Neill has had the big four consulting firms – Deloitte, EY, KPMG and PwC – in her sights for years, railing against their conflicts, secrecy and lack of accountability.
The results of the inquiries will be fed into no less than eight new two-year reviews announced by the government into the sector, covering areas such as the structure and regulation of the firms, the Australian Taxation Office’s information-gathering powers and rules around legal professional privilege claims.to agree to the Senate inquiry into consulting, Pocock has been forensic with her interrogation of the often hapless firm leaders.