Deloitte Australia Sheds Partners as Consulting Market Slumps

Deloitte’s Australian arm has cut some partners, after revenue fell last year amid a consulting slump.

“We have taken some actions across the business which have resulted in the retirement of some Partners,” the Big Four accounting, tax, and consulting firm said in an emailed statement Tuesday.

The cuts were first reported in Australian media; the firm did not say how many partners were affected.

In July 2024, Deloitte Australia blamed a fall in revenue on weaker demand for consulting and advisory services.

The country’s accounting sector has been under intense scrutiny since PwC Australia admitted in 2023 that it ...