The AFR View
Consulting pile-on wound back
The argument for a more company-like corporate form and regulation of professional services partnerships raises two questions that will need thinking through.
The Senate inquiry into consulting services, which was prompted by the PwC tax leak scandal first revealed by The Australian Financial Review, became a political witch hunt. The Greens senators in particular appeared to be determined to ban the big four firms from doing the work of public servants and to break them up.
Thankfully, under the direction of chairman Liberal senator Richard Colbeck and with the help of Labor senator Deborah O’Neill, the jihad has been wound back in the inquiry’s final report tabled in parliament on Wednesday.
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