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Consulting

Yesterday

McKinsey pays $190m to resolve probes into South Africa bribes

The firm participated in a years-long scheme to bribe government officials in South Africa, according to US officials.

  • Stephen Foley

This Month

What Defence spent on consultants could run submarine fleet for a year

What would Defence’s $811 million in spending on the big five consulting firms in 2022-23 buy? Turns out the answer is quite a lot.

  • Ronald Mizen
Law Partnership Survey Paul Jenkins, Victoria Hepburn

MinterEllison raids PwC, KPMG to build up consulting arm

Consultants now make up almost 10 per cent of fee-earners at the firm, as clients prove increasingly willing to seek non-legal advice from law firms.

  • Edmund Tadros
Sally Capp AO, has been appointed the CEO of Create Advisory 
Nicole Scurrah, founder of Create Advisory.

Former Melbourne mayor appointed CEO of fast-growing Create Advisory

Sally Capp will head the consulting firm set up by the former Sayers Group partner and Labor staffer Nicole Scurrah.

  • Patrick Durkin

November

The IT consulting area to super and wealth is growing fast.

Fewer super funds means more business for this tech consultancy

The ongoing merger activity in the superannuation sector has supercharged growth at Wollongong-headquartered IT services company Novigi.

  • Edmund Tadros
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The government’s new in-house consulting unit has notched up 15 projects.

Canberra’s in-house consultants notch up 15 government projects

The federal government’s internal consulting service has completed 15 projects, including policy development, analytics assessments and strategy work.

  • Edmund Tadros
Jargon can make listeners zone out.

Tracking and decoding corporate jargon

A tracker of our growing list of corporatespeak – and our suggestions for plain-language alternatives. Consider it your jargon dictionary.

  • Updated
  • Edmund Tadros
TPG has held clinical trial research organisation Novotech since 2017.

Alvarez & Marsal lands advisory role on $4b Novotech sale

Bain and Kohlberg are both running hard at the asset and are expected to submit binding offers at the end of this month.

  • Sarah Thompson, Kanika Sood and Emma Rapaport

Seven PwC partners join MinterEllison

New partner Nicole Salimbeni said law firms make more natural homes for some advisers than big four consultancies.

  • Maxim Shanahan
Bain consultants assisted NAB executives with a strategy refresh.

NAB tapped Bain & Company for its strategy refresh

Consulting firm Bain was called in to help National Australia Bank with its new strategy focusing on customers, it can be revealed.

  • Edmund Tadros
Finance Minister Katy Gallagher.

Labor cuts spending on major consulting firms by $891m over two years

The value of Commonwealth work outsourced to Accenture, Deloitte, EY, KPMG and PWC is down to $1.5 billion since Labor took power in mid-2022.

  • Edmund Tadros
Minister for Women Katy Gallagher says core work includes “developing cabinet submissions, drafting legislation and regulation, and leading policy formulation”.

$500m in Canberra consulting to be slashed

Consulting firms working for Defence, the NDIS and the Tax Office will be hardest hit by a new plan to strip more than $500 million in work from the embattled advisory sector this financial year.

  • Edmund Tadros

October

Franco Santucci is leading the new Arthur D. LIttle operation in Australia.

World’s oldest consulting firm reopens in Australia

Arthur D. Little, the world’s original consulting firm, once again has a dedicated Australian operation that will initially aim to win work in the energy sector.

  • Edmund Tadros
Dawid Naude is co-founder and CEO of Pathfindr.

Start-up deploys AI to slash consultant costs

A company launched by Accenture’s former head of generative AI uses the tools to streamline costly early legwork by consultants.

  • Edmund Tadros
McKinsey may face a criminal probe in the US.

US legislators push to investigate McKinsey over its China work

A group of Republicans are demanding US government officials probe the consulting firm over its work with the Chinese government and state-owned enterprises.

  • Didi Tang
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KPMG Australia

This is the kind of consulting work KPMG Australia will send offshore

The firm’s consulting arm plans to send 44,000 hours of work to employees based overseas this financial year as part of a push to change the way KPMG operates.

  • Edmund Tadros
Revenue at the big four firms was down in 2023-24.

From revenue to partner pay and scalps: Consulting’s bad year revealed

Everything you need to know about how the big four firms fared during the past year, including which firm is now No. 1, how much partners are being paid, and why the firms are all shrinking.

  • Edmund Tadros
KPMG graduate Niamh Tomlinson uses generative AI in her work.

How this consultant saves half a day a week using AI

KPMG graduate Niamh Tomlinson says improved productivity using the firm’s internal AI tool lets her spend more time doing higher value work.

  • Edmund Tadros
EMM Consulting kicked off in 2008 and now has more than 300 employees.

Sydney ESG consultant EMM courts private equity; Moelis on tools

Street Talk can reveal EMM’s shareholders have mandated MA Moelis to seek a buyer for a 45 per cent stake in the business with guidance for $10 million-plus EBITDA.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
Planning to move to to FTI Consulting (from left): Nathan Schlesinger, Rowan Strain, Tricia Tebbutt, Luke Mitchell and John Forsythe.
LinkedIn 
Supplied 4th OCtober 2024

FTI Consulting in talks to bring on five partners from PwC, Scyne

Boutique advisory firm FTI Consulting is planning to bring on a former PwC partner and four managing directors from PwC spin-off Scyne as part of a push to beef up its healthcare team.

  • Edmund Tadros