Social Justice Australia

Big Four Accounting Corruption on Aussie Govt

Big four accounting corruption on Aussie government.

Description: Big Four Accounting Corruption

Uncover the influence of the Big Four accounting corruption on Australian government and their impact on public spending. Demand action against corruption now!

Introduction: The Expanding Influence of the Big Four in Australian Governance

In recent years, the Big Four accounting firms—EY, Deloitte, KPMG, and PwC—have secured an influential role in Australian governance through extensive contracts for consulting services, auditing government departments, and advising on major policy decisions.

While their specialized ability is valuable, this growing dependence raises concerns about potential corruption and the efficient use of public funds. A robust and independent public service could mitigate the need for such external consultancy, ensuring decisions are made with public interest as the primary focus, rather than profit-driven motives.

The Growing Concern Over Big Four’s Practices

Questionable Contracting and Overcharging

Reports from watchdogs like the Centre for Public Integrity have shed light on some concerning practices:
– Lack of Competitive Tendering: There are numerous instances where the Big Four have been awarded contracts without a competitive or transparent tender process, raising concerns about fairness and favouritism in public procurement.
– Exorbitant Fees: These firms are often criticized for charging significantly higher fees than might be expected for comparable services, which not only strains public coffers but also raises questions about the justification for such excessive costs.

Scandals and Misuse of Power: Big Four Accounting Corruption

The Big Four’s involvement in public sector governance has not been without controversy:
– Misuse of Confidential Data: There have been instances where confidential government data managed by these firms have been misused, either accidentally or, allegedly, for gain.
– Misleading Advice: Reports have surfaced of some firms providing advice that led to poor governmental decisions, potentially to help their other private sector clients or to secure further government contracts.

Addressing Corruption and Enhancing Public Sector Integrity

Government Initiatives to Curtail Corruption

The government needs to take decisive steps to address these growing concerns:

Corruption in Australia.
– Transparent Tender Processes: By implementing stringent tendering processes that ensure transparency and fairness, the government can mitigate the risks of favouritism and corruption.
– Regulating Consulting Fees: Setting up guidelines for reasonable consulting fees can help prevent financial exploitation.
– Robust Monitoring Systems: Introducing advanced monitoring systems to oversee and audit government contracts and the use of public funds can ensure that these resources are used appropriately.

The Public’s Role in Safeguarding the Sector

The public also has a crucial role in supporting the integrity of the public sector:
– Vigilance and Reporting: Citizens should be encouraged to stay informed about how public funds are being used and to report any irregularities or suspected corruption.
– Supporting Anti-Corruption Initiatives: Public support for organizations that check, and fight corruption can lead to more robust enforcement of existing laws and the development of new anti-corruption legislation.

Restoring Public Service Expertise

Enhancing Internal Capabilities

Integrity in the Australian Public Service.


Investing in the public sector’s own capabilities is essential to reduce dependence on external consultants:
– Training and Development: Enhancing the skills and knowledge of public servants through continuous professional development can diminish the need for external consultants.
– Innovation and Risk-Taking: Encouraging a culture of innovation within the public service can lead to more internally generated solutions, reducing reliance on the private sector.

Promoting Transparency and Collaboration

Creating an environment of openness and teamwork within the public service can lead to more effective governance:
– Transparency Standards: High standards of transparency can help ensure that public servants are accountable to the public.
– Collaborative Work Environments: Helping better collaboration among public servants can lead to more effective and efficient public service delivery.

Conclusion: A Call for Ethical Governance

The deepening involvement of the Big Four accounting firms in the Australian public sector is a double-edged sword, offering both valuable expertise and potential risks of corruption. It is imperative for both government and citizens to vigilantly oversee and regulate this involvement to ensure it helps the public good.

Call to Action: Demand Transparency and Integrity

What more can be done to ensure that public funds are managed ethically? How can we better regulate the influence of large accounting firms in public governance?

Take part in safeguarding our public sector. Share this article, discuss these issues with your peers, and push for reforms that ensure transparency and integrity in public governance.


Shadow States: How consultants infiltrated government:
How the big four accounting firms infiltrated governments:
A strong Australian Public Service benefits us all:

Leave a Comment

Your email address will not be published. Required fields are marked *

The maximum upload file size: 1 MB. You can upload: image, document. Links to YouTube, Facebook, Twitter and other services inserted in the comment text will be automatically embedded. Drop file here

Scroll to Top