PwC Australia

We're passionate about helping to shape the next generation of solvers and giving young people valuable workplace experience.    One of the key ways we do that is through our Vacation Program which offers university students market-leading industry experience and world-class learning across the summer (or winter!) breaks.    Kicking off this week, we welcomed more than 360 eager vacationers to our offices, where they'll learn how we're helping businesses to tackle climate change, develop AI strategies and reinvent ways of working.    Keen to learn more? You can meet some of our vacationers here: https://lnkd.in/g62y47dY

Black Friday is upon us, and our Chief Economist, Amy Lomas, has some thoughts on the macroeconomic environment as we close out 2024 🛍️ #BlackFriday #Retail #ConsumerInsights 

In a rapidly changing regulatory environment, keeping up with compliance can be tough… That’s why we’ve created a new AI-powered solution that’ll give Australian businesses better peace of mind.   Our Regulatory Pathfinder will streamline compliance, making it easier, faster and more accurate for Australian businesses.   𝗦𝗼, 𝗵𝗼𝘄 𝗱𝗼𝗲𝘀 𝗶𝘁 𝘄𝗼𝗿𝗸?   ✨ 𝗔𝘂𝘁𝗼𝗺𝗮𝘁𝗶𝗼𝗻: Using GenAI, Regulatory Pathfinder automates the reading and mapping of an organisation's regulations, policies and controls to quickly identify compliance gaps and issues.     🔍 𝗦𝗽𝗲𝗰𝗶𝗮𝗹𝗶𝘀𝘁 𝗥𝗲𝘃𝗶𝗲𝘄: The solution is overseen by PwC specialists who bring rigour, scrutiny and human oversight to provide accuracy, relevance and adherence to responsible AI.   💡 𝗔𝗰𝘁𝗶𝗼𝗻𝗮𝗯𝗹𝗲 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀: Regulatory Pathfinder proposes targeted actions to enhance compliance outcomes and reduce the risk of non-compliance.   Curious to learn more? Details are in this The Australian Financial Review article: https://lnkd.in/gF3_eWkc   Or on our website: https://lnkd.in/gXSU2gVG   #PwC #AI #Compliance #RegTech #Innovation

Hats off to Senior Associate, Naum Markov, who won the Wellness Advocate Award at this year's AccountantsDaily Rising Stars Awards! 🏆 Naum is the National Co-Chair for our Be Well employee network, our employee-led initiative that fosters activities, initiatives, and connections - embodying the message: Be Well, Work Well. He has has been a driving force for wellness and inclusion in our Newcastle office, initiating the Newcastle Wellness Challenge in 2022, which has continued to flourish in recent years. Naum's passion for promoting wellbeing at the firm is evident every day. Join us in celebrating his achievement 👏

Three reasons Jon Chadwick says Australian businesses should be following #COP29 🌎 Monitoring signposts for new policy and regulation 🌏 Areas for development and investment 🌎 Employee engagement We recently released a report uncovering four hidden opportunities for businesses that take climate action. Learn more from Jon and the team: https://pwc.to/49j2gLf #climate

Welcome back to work, Bianca Barrack (Robinson)! We proudly offer all parents 26 weeks of parental leave, available in a block or flexibly, with enhancements to support parents returning to work. We don’t believe in "primary" and "secondary" carer labels or minimum service requirements, and we pay superannuation for up to a year, including on unpaid parental leave. Becoming a parent is unforgettable, and we don't want our people to miss a moment of it. #PwCProud

We worked with online beauty retailer Adore Beauty Group to improve customer experience through the power of GenAI 🛍️ Combining Adore’s business acumen, our data and machine learning expertise and Amazon Web Services (AWS)’s technical solutions, we rapidly prototyped AI-driven innovations in a four-week build lab. This collaboration unlocked insights from vast amounts of data, enhancing product recommendations and personalising customer interactions to transform the customer experience. Learn more about how our teams worked together here: https://lnkd.in/gM7K6RHU #RetailInnovation #GenerativeAI #CustomerExperience

We've just dropped our 19th annual Aussie Mine report ⚒ Despite some ups and downs, the mid-tier mining sector is holding strong with a market value of $139 billion in 2024.   Our National Mining Leader, Marc Upcroft, highlights the big opportunity for Australian mining companies: the vital link between global decarbonisation efforts and the critical minerals needed for the energy transition.   He says collaboration, innovation, and strategic alignment across stakeholders are essential to harness this potential.   Read and download the full report here: https://lnkd.in/gV4EMqZ7   #Mining #Gold #CriticalMinerals #FutureOfMining

Last week, our Artificial Intelligence Leader, Tom Pagram, won AI Consultant of the Year - Enterprise at the inaugural Australian AI Awards 🏆 Here's a snippet of his speech: "It's an absolute honour to receive this award - but more importantly there is a team of over 200 amazing people behind AI at PwC that this award recognises - not just me. Events like this go a long way in showing the incredible AI talent and businesses we have in Australia." We’re big believers in the rich opportunities available for Australian businesses that adopt AI - we can feel the momentum building. Congratulations to Tom and all of our people across the firm who are delivering for our clients and teams! #AustralianAIAwards #ArtificialIntelligence #PwCProud

We’ve crunched the numbers on the Major Banks FY24 results 📊 Our Banking and Capital Markets Leader, Sam Garland, says the results are “strong but tightening” and highlight the strategic tensions facing banks around the world - as they juggle short-term performance with long-term trends. The takeaway? Aussie banks face a tough balancing act as they optimise their current business models while responding to the call for reinvention. Check out key insights from Banking Matters - Major Banks Analysis FY24: https://lnkd.in/ggVgEzN6 #Banking #Finance