PwC Australia’s profit slumped 17 per cent to $619 million in the year to December 2024, according to the first-ever audited accounts of the local big four firms.
The accounts, published on Friday, show that revenues contracted 6 per cent to $2.17 billion. The firm’s 628 partners, who receive the profits of the firm and pay tax as individuals, earned an average of $767,000 in income, up slightly from the firm’s most recent disclosure.
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