Sayers Group News Today

The former chief executive came off badly from a Senate inquiry, undermining years spent carefully cultivating a reputation for integrity.

US-based venture capital fund McLaren Strategic Ventures has agreed to reduce its investment in the consultancy set up by the former PwC chief Luke Sayers by $2.5 million as part of a “capital reduction” approved by shareholders, according to documents lodged with the corporate regulator.

Implausible? Possibly. But on the record? Absolutely.

A complaint has raised allegations against the former PwC CEO. The firm’s ethics department has started an investigation.

Allan government releases summaries showing meetings with lobbyists, stakeholders and other external organisations

The new revelations follow Luke Sayers admitting that his new firm Sayers Group granted Cormann some shares before he took the OECD job.

The ombudsman’s report will reveal the findings of a two-year investigation into the influx of political operatives into senior public service ranks and the centralisation of decision-making within then-premier Daniel Andrews’ private office.

In responses to questions about the PwC tax leaks scandal, former CEO Luke Sayers revealed how much he had been fined for violating the firm’s independence policies.

The Virgin CEO has put her $18 million base in the Victorian capital on the market. In Brisbane, her predecessor, Paul Scurrah, and wife Nicole have sold in Ascot.

The trophy home paper trail has connected three big luxury sales in Sydney, while ex-Virgin boss Paul Scurrah and wife Nicole are selling their Brisbane home.