Groupon has laid off another 500 employees in a bid to cut costs, the company said in an SEC filing last week. The e-commerce company had cut 500 jobs — nearly 15% of its workforce then — in August 2022. The company said this new set of layoffs will be spread across the first two […]

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If we continue to ignore the rising economic success of our Asian neighbours we will lose our place as a G20 economy by 2030.

Governments must apply renewed focus to achieve fiscal balance and sustainably reduce the cost of delivery.

Australia dropped six places to 15th position - the largest drop out of the 27 OECD countries measured.

PwC has acquired infrastructure advisory firm Appian Group, bolstering the firm’s focus on health and social infrastructure, PwC Managing Partner, Deals Sean Gregory announced today.

Greater Sydney generates 23% of the Nation's GDP and will be a city of 8 million, up from 4 million, in the next 40 years.

PwC Chief Executive Luke Sayers today announced the members of an external advisory board charged with moving the firm towards greater diversity and inclusion among its people.

Early reports of what is in next Tuesday’s Federal Budget indicate “more carrot and less stick” to help lift productivity and tighten the fiscal gap.

Australia’s four major banks delivered combined underlying cash earnings of $15.5 billion for the first-half to March 2015.

Driving workforce participation, support for small businesses and much needed investment in infrastructure make this a pragmatic budget.

The pace and scale of disruption in the power and utilities sector is happening faster than expected.

Young leaders from Australia and China are working together to provide creative solutions to issues facing both countries as part of the China Australia Millennial Project (CAMP).

The needs of all Australians - affordable housing, a secure job, a decent education for their children, a good health system and a comfortable retirement - will not be met if we don't achieve major tax reform.

The Abbott Government's tough negotiations in an effort to seal an Indian Free Trade Agreement (FTA) next year should see 70 per cent of Australia's two-way trade covered by a free trade agreement.

Australian entertainment and media market is forecast to grow to $43.4 billion by 2019, a compound annual growth rate of 4.2 percent.

PwC Australia has appointed David Smorgon OAM as the Executive Chairman of its Family, Business & Wealth practice in Private Clients.

Unique granular modelling of over 2,000 locations across Australia uncover how fragmented and concentrated our economy is.

Two young Australian innovators are ready to take their ventures to the next level after sharing in $20,000 in seed funding from PwC during a live pitching event held by the Foundation for Young Australians.

At PwC we have put significant effort into generating a national conversation about Australia's tax system and the need to improve it.

PwC Australia today announced its full year results to 30 June 2015 with revenue growth of 10.1% to $1.73b, supported by another year of strong profit growth.

Cyber risk, political interference, and macro-economic volatility rank among the top sources of anxiety for Australian insurers, according to a joint PwC and Centre for Financial Innovation (CSFI) report released today.

Regulation, compliance, and price pressure are slowing access to potentially life-saving new medicines, and undermining industry confidence in the current listing process.

The PwC network reported total global gross revenues of US$35.4 billion for the fiscal year ended on 30 June 2015.

The economic impact of obesity will reach $87.7 billion and affect one-third of Australians by 2025 based on current trends and without further intervention.

PwC partner and financial services leader Julie Coates said the Federal Government's response to the Financial System Inquiry Report was encouraging.

The number of detected cyber security incidents in Australia was the highest worldwide in the last 12 months with an increase of 109 percent, compared to a 38.5 percent increase globally.

PwC Australia is pleased to announce it was selected by The Workplace Gender Equality Agency WGEA as one of 90 organisations in Australia as an Employer of Choice in 2015.

Australian CEOs are less confident about domestic growth than their regional peers, and less certain of their ability to capture a return in Asia Pacific markets.

Major tax reform is the most sensible lever to pull to combat a projected $48 billion in lost revenue in our new low growth economy.

Australia has slipped four places to 17th in OECD rankings for employment of under 25-year-olds with a focus on STEM skills.

Violence against women and their children is costing Australia $21.7 billion each year, with Governments carrying more than a third of the cost burden; as shown in the report A high price to pay: the economic case for preventing violence against women.

If the company tax rate was reduced from 30 to 25 per cent over the next five years gross domestic product (GDP) would grow $291 billion and income tax revenues would generate $4 billion up to the year 2025, PwC modelling released today shows.

PwC has joined forces with leading not-for-profit food safety agency SSAFE to develop a new industry tool to help fight food fraud and protect consumers.

Australian CEOs are less confident about their companies' growth prospects than a year ago, and less optimistic about growth in the global economy, according to a PwC report released today.

Chairman of the Board of Partners of PwC Australia, Michael Happell, has announced that Luke Sayers will continue as Chief Executive Officer of the Australian firm for a further four years.

Providing every primary school in the country with access to at least one specialist science, technology, engineering and mathematics (STEM) teacher could be possible if teachers are incentivised to acquire STEM specialisations and collaboration between schools is prioritised.

A standalone plebiscite with a compulsory vote on marriage equality could cost the Australian economy $525 million according to modelling released by PwC Australia today.

Australian oil and gas companies will need to think bigger and embrace customers in Asia, rapidly evolve their business models, and become much more responsive to emerging trends, if they are to thrive in a challenging new global marketplace.

Modest personal tax cuts, tighter superannuation concessions, and a pathway to lower corporate tax rates make this a responsible if not spectacular budget.

Australias four major banks delivered combined cash earnings of $14.9 billion for the first half to March 2016.

An enhanced Singapore-Australia free trade agreement (SAFTA) represents the biggest step-forward in over a decade in our economic relationship with Singapore.

The emerging global market for business services using drone technology is valued at over US$127 billion with the drone revolution disrupting industries ranging from agriculture to filmmaking.

Australian organisations are experiencing a significantly higher rate of economic crime than the rest of the globe according to a PwC survey released today which finds 52 percent experienced economic crime in the last 24 months compared to the global average of 36 percent.

PwC Australia has recruited former CEO and Managing Director of David Jones Limited, Paul Zahra as Global Retail Advisor to add fuel to its growing retail and consumer practice.

PwC has today been announced as the first employer partner for a new Pathways in Technology (P-TECH) style pilot at McCarthy Catholic College, Emu Plains.

A lack of diversity in Australia's media and entertainment workforce in terms of ethnicity, gender, age and thinking is dragging on the industry's growth, according to a PwC report released today.

Atlassian first showed off Rovo six months ago. Rovo is what the company calls its “AI teammate” that combines smarter search and chat-based AI tools with agents that can help users automate some of their workflows in tools like Jira and Confluence. At its Team ’24 Europe event in Barcelona, the company has now announced […]

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Atlassian recently announced its plans to combine its Jira Software tools for developers and Jira Work Management tool for business teams into a single product. Jira was originally for developers and the teams that directly support them, but over time, it also became popular with business teams. That’s a trend Atlassian quickly capitalized on with […]

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Arne Schepker, the CEO of the popular Berlin-based language learning platform Babbel, is stepping down, and the company’s co-founder and former CEO Markus Witte is stepping back in to lead the company “into a new phase while searching for Arne’s successor with patience,” the company said. This new phase, unsurprisingly, will involve AI. Witte will not […]

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Early is a Tel Aviv-based startup that uses generative AI to generate unit tests, helping programmers catch potential bugs early in the development cycle. The company, which launched in August, today announced that it has raised a $5 million seed funding round led by Zeev Ventures, with participation from Dynamic Loop Capital. In its current […]

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