PwC Australia Grows With Strong Consulting, Advisory Performance

PwC Australia saw revenues surge in 2022 on the back of buoyant consulting and financial advisory business, with slower growth in audit.

PwC, also known as PricewaterhouseCoopers LLP, said Tuesday that underlying revenues grew 17% to A$3 billion ($2.1 billion) in its fiscal year to June 30, with profits up 21%. Consulting grew by 21% and financial advisory 20%, with slower 11% growth in assurance.

• “While FY22 has been an incredibly successful year for our firm, it was also a year of continued challenges,” PwC Australia Chief Executive Officer Tom Seymour said in a ...