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PwC has bet on increased demand for financial services advisory and management consulting next year, with most of its new partners from those two areas.

PwC to overhaul ASIC’s structure Jun 9, 2021 – 10.34am Save Share The leaders of the Australian Securities and Investments Commission are braced for a restructure after new chairman Joe Longo tapped consultants PwC to review the regulator. Mr Longo, who formally took over from James Shipton at the start of this month, has also set up his own office of the chairman to help stamp his authority on the corporate watchdog. Appearing at a Senate Estimates committee last week, Joe Longo said he believed ASIC’s “strength and effectiveness as an institution can be enhanced”.Â...

The Treasury has outlined its position on why the repeal of responsible lending is necessary, in the final day of Senate hearings for its inquiry into the matter.