Big 4 firms share record loot from government after another round of bribes (donations)

by | Feb 1, 2022 | What's the scam?

Is it any wonder the cost of government has never been higher? EY, PwC, KPMG and Deloitte, get a monumental return on their political donations. What’s the scam?

The scam is the Big 4, which are the biggest winners from the outsourcing of the public service, collected $1.74bn for giving advice to government over 18 months. Last year they “donated” $670,570 to the major political parties of $670,570. Job done.

This is the same crew which claims to act as the gatekeepers of commerce – auditing most of the financial statements of the world largest corporations while also advising them how to dodge tax, and while dodging tax themselves but not producing any financial statements. They are partnerships, not companies, you see.

Michael West established michaelwest.com.au to focus on journalism of high public interest, particularly the rising power of corporations over democracy. Formerly a journalist and editor at Fairfax newspapers and a columnist at News Corp, West was appointed Adjunct Associate Professor at the University of Sydney’s School of Social and Political Sciences.

Stephanie is the editor of the Revolving Doors series. She is studying a Bachelor of Communication (Journalism)/Bachelor of Laws at the University of Technology Sydney. She was a finalist for the 2021 Walkley Student Journalist of the Year Award and the winner of the 2021 Democracy's Watchdogs Award for Student Investigative Reporting.

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