A fast-acting antidote to accounting sector hiccups

Australia’s big four accounting firms are under pressure from restless mid-tiers, changing technology and regulation, and weak demand. But the shift to consulting should underpin a fast revenue rebound.

The revenue of Australia’s big four accounting firms has come under pressure as demand for traditional services such as auditing weakens. But a move into strategic consulting and the potential for more wide-ranging ties with Asian clients should mean the slippage is short-lived.

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