Colin Kruger is a senior business reporter for the Sydney Morning Herald and The Age.
The consulting giant has effectively been banned from new federal government work while the Department of Finance reviews its suitability as a contractor.
The spectacular debut of SpaceX paves the way for an unprecedented series of floats this year as AI giants such as Anthropic and OpenAI plan to go public.
The organisation said not all patrols would take part in industrial action, and it had made contingency arrangements to minimise disruption.
Retail kingpin Brett Blundy’s bid to gain control of the iconic lingerie brand’s board met a disastrous reception.
As many as 300 staff will be axed after advertising revenue declines proved to be worse than expected.
Some of Australia’s most powerful people, including former NSW premier Mike Baird, have been ordered to appear at a public inquiry in Canberra into the growing whistleblower scandal at KPMG.
A deal to resurrect the speciality retailer from financial failure has collapsed – a development that will lead to its closure.
The accounting and consulting giant became embroiled in scandal after whistleblower allegations of illicit sharing of data.
The NSW government demanded assurance from KPMG that people under investigation as part of a whistleblower scandal are not working on government contracts, while Victoria said it was reviewing contracts with the firm.
Just days after cutting ties with its CEO, KPMG faces the loss of a major corporate client with Lendlease triggering a process to end a relationship dating back to the 1950s.