• Investing
  • Stock
  • Editor’s Pick
  • Economy
The Significant Deals
Stock

Australian police search Sydney PwC office over tax leak probe

by November 4, 2024
written by November 4, 2024

By Renju Jose

SYDNEY (Reuters) – Australian police on Monday searched the PwC Australia office in Sydney as part of a probe into a former partner who leaked confidential government tax plans to the firm and its clients.

A parliamentary inquiry earlier this year concluded the firm had shared the data internally and covered up its use.

“This step is part of the existing investigation … regarding the historical tax matter, and is an investigation into individuals who have left the firm,” a PwC Australia spokesperson said in an email.

PwC Australia added that it had been working with the Australian Federal Police (AFP) to help with the searches and will continue to cooperate fully.

“Out of respect for the AFP’s work, we won’t be commenting further,” the spokesperson said.

Police in 2023 began investigating the “big four” accounting firm over the breaches, which forced out several partners including former PwC Australia CEO Tom Seymour, and led to the fire sale of its lucrative government consulting business for A$ 1 ($0.66).

The firm’s current CEO Kevin Burrowes last year apologised to senators during a parliamentary inquiry over the leak.

($1 = 1.5145 Australian dollars)

This post appeared first on investing.com
0 comment
0
FacebookTwitterPinterestEmail

previous post
Australia cancels Lockheed Martin military satellite project
next post
Nvidia’s Huang asked SK Hynix to bring forward supply of HBM4 chips by 6 months, SK’s chairman says

You may also like

Adani, Ambani news units sue OpenAI over copyright,...

March 13, 2026

China’s DeepSeek sets off AI market rout

March 13, 2026

BASF results down on impairments, restructuring

March 13, 2026

Nasdaq futures tumble as China’s AI push rattles...

March 13, 2026

European chipmakers slump as traders gauge DeepSeek AI...

March 13, 2026

Fuji Media, rocked by sexual misconduct allegations, says...

March 13, 2026

China Vanke’s CEO, chairman resign amid growing liquidity...

March 13, 2026

Italy’s MPS shares fall ahead of Mediobanca board...

March 13, 2026

UMG shares rally after new multi-year pact with...

March 13, 2026

British Land stock drops following stake sale

March 13, 2026
Sign up and get the scoop before anyone else—fresh updates, and secret deals, all wrapped up just for you. We're talking juicy tips, fun surprises, and invites to events you actually want to go to. Don’t just watch from the sidelines—jump in and be part of the magic!








    By signing up, you're cool with getting emails from us. Don’t worry — your info stays safe, sound, and strictly confidential. No spam, no funny business. Just the good stuff.

    Recent Posts

    • U.S. crude tops $100 and the S&P 500 approaches correction as Iran war enters second month

      April 1, 2026
    • The world economy is experiencing the most severe oil shock in decades. The worst could still be on the way.

      April 1, 2026
    • Trump says his ‘preference’ would be to ‘take the oil in Iran’

      April 1, 2026
    • Body found in Colombia amid search for missing U.S. flight attendant

      March 31, 2026

    Categories

    • Economy (245)
    • Editor's Pick (3,646)
    • Investing (716)
    • Stock (6,426)

    Latest News

    • U.S. crude tops $100 and the S&P 500 approaches correction as Iran war enters second month
    • The world economy is experiencing the most severe oil shock in decades. The worst could still be on the way.

    Popular News

    • Stocks steady, bond yields up as markets eye Trump’s next move
    • Left-wing’s no-confidence motion against French government fails

    About The Significant deals

    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2026 thesignificantdeals.com | All Rights Reserved

    The Significant Deals
    • Investing
    • Stock
    • Editor’s Pick
    • Economy