News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Accountancy

PwC Australia allowed ‘rainmakers’ to behave poorly, report finds

PwC Australia’s culture and governance criticised in independent report following tax scandal

Big Four firm is feeling the pressure after sharing confidential information
Big Four firm is feeling the pressure after sharing confidential information Photo: Alberto Gardin/Getty Images

PwC Australia had a culture that prized revenue above all else and tolerated poor behaviour from so-called rainmakers, an investigation into the firm has found.

The independent report follows a scandal over PwC sharing confidential tax information it gleaned from government work with its clients.

WSJ Logo