No more tinkering, Labor must act on Big 4
No more tinkering, Labor must act on Big 4 | Australian Greens Skip to main content Search Get Involved Join Donate Our plan Tax the 1% Tackle the cost of living Healthcare for all Fix the housing crisis Strong climate action Policy principles & aims Our team Federal MPs State/territory MPs Officeholders Media releases Take action Volunteer Donate Issues & campaigns Events Greens Shop Leave a bequest Our movement About the Greens Become a member Jobs Green Magazine All news Get Involved Join Donate Search Our plan Toggle Tax the 1% Tackle the cost of living Healthcare for all Fix the housing crisis Strong climate action Policy principles & aims Our team Toggle Federal MPs State/territory MPs Officeholders Media releases Take action Toggle Volunteer Donate Issues & campaigns Events Greens Shop Leave a bequest Our movement Toggle About the Greens Become a member Jobs Green Magazine All news No more tinkering, Labor must act on Big 4 2026-07-01 In response to the recent fallout over KPMG’s multiple scandals which followed the PwC scandal, Labor has released a position paper into the accounting, auditing and consulting firms.
The Greens say we don’t need any more delay, we need action. The government must reform the Big 4 structures, subject these massive partnerships to the same rules of tax, transparency and whistleblowing as other large entities through corporations law, separate the functions of consultancy from audit, and regulate and penalise them properly. Lines attributable to Greens finance and public service spokesperson Senator Barbara Pocock: “Labor needs to stop kicking the can down the road.
“Back in 2024, Labor issued a consultation paper and nothing came of it. Submissions were received and nothing came of it. Now we have another paper and the test for Labor is: will it act or will it tinker?
“What we need is action and it's on Labor. “We know what the solutions are: Labor needs to reform the Big 4 and subject these massive partnerships to the same rules of tax, transparency and whistleblowing as other large entities through corporations law, separate the functions of consultancy from audit and regulate and penalise them properly. “The time for talk is over, now is the time for action.
“Until Labor acts, the Big 4 consultancy firms will continue to make a mockery of the parliament. “The Government needs to stop expressing “deep concern” at corrupt practices of the Big 4 while dishing out millions of dollars to them in contracts. “Labor needs to put an end to the Big 4’s special treatment and regulate them like other Australian businesses.” MEDIA CONTACT: Charlotta Lomas - 0466 339 862 Facebook for the Australian Greens YouTube for the Australian Greens X for the Australian Greens Instagram for the Australian Greens Bluesky for the Australian Greens Privacy Members website Your safety Contact us Our plan Tax the 1% Tackle the cost of living Healthcare for all Fix the housing crisis Strong climate action In your language 2025 policy platform Policy principles & aims Our team Federal MPs State/territory MPs Officeholders Federal portfolios Federal media releases Take action Volunteer Donate Issues & campaigns Upcoming events Greens Shop Leave a bequest Green Magazine All news Our movement About the Greens Become a member Jobs Members website State/territory parties Contact us The Greens acknowledge the Traditional Owners of country throughout Australia and recognise their continuing connection to land, waters and culture.
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