close
MENU

PwC NZ mulls board independence following Aus tax leaks scandal

‘Very disappointing’ breaches ‘something we’ve needed to navigate through here,’ outgoing CEO Mark Averill says.

Outgoing PwC NZ chief executive Mark Averill, his replacement Andrew Holmes, and chair Keren Blakey.

Key points
  • What's at stake: The 151-strong partnership at Big Four accounting firm PwC NZ has elected a new CEO in a year following a major tax leaks scandal across the Ditch.
  • Background: Outgoing PwC NZ CEO Mark Averill says local clients have questioned the firm's processes and systems in the wake of the Australian scandal, the ramifications of which included the sale of PwC Australia's lucrative government business division for A$1.
  • Main players: PwC New Zealand, Mark Averill, Andrew Holmes.

The outgoing chief executive of PwC New Zealand says the fallout from the PwC Australia tax leaks scandal has been a big focus this year and that the firm is giving serious thought to establishing independence on the board in response.

But Mark Averill adds that while clients and stakeholders have

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace
NZ Aviation News

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Aviation News - Monthly

NZ$14.95 / monthly

Already have an account? Login
Contact the Writer: Hmcnicol@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Key points
  • What's at stake: The 151-strong partnership at Big Four accounting firm PwC NZ has elected a new CEO in a year following a major tax leaks scandal across the Ditch.
  • Background: Outgoing PwC NZ CEO Mark Averill says local clients have questioned the firm's processes and systems in the wake of the Australian scandal, the ramifications of which included the sale of PwC Australia's lucrative government business division for A$1.
  • Main players: PwC New Zealand, Mark Averill, Andrew Holmes.
PwC NZ mulls board independence following Aus tax leaks scandal
Professional Services,
102023
true