Who Guards the Guards? Big Four prepare for war as beach-side senator brings corporate inquiry – Michael West

Paradise Papers: media ignores the real tax culprits

Facebook Twitter Linkedin Email High in their opulent CBD eyries, the architects of global tax avoidance must be indulging in a quiet chuckle, a nervous chuckle perhaps, because the media has once again missed the forest for the trees. The Queen, Michael Hutchence, the Russians, Lewis Hamilton, Nicole Kidman and Keith Urban have had thousands … Continue reading

 

A former school teacher from Copacabana Beach has just locked horns with the four most powerful private institutions on the planet. And they don’t like it. The shoddy audit standards, massive government consulting business and global tax avoidance operations of the Big Four accounting firms, EY, KPMG, Deloitte and PwC, now finally face government scrutiny. Michael West reports.

A key factor in the outcome therefore will be media, which has yet almost entirely ignored these things. In its defence, the Big Four play a suave media game. Yet the spate of global document leaks such as Panama Papers, LuxLeaks and Paradise Papers, while focussing on celebrity tax avoiders, has ignored the Big Four perpetrators.

 Who Guards the Guards? Big Four prepare for war as beach-side senator brings corporate inquiry – Michael West