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PwC tax leaks: Graeme Samuel says big four should be banned from providing consulting services to their audit clients

Former competition watchdog Graeme Samuel also said ASIC should resume naming and shaming firms with poor audit quality.

ASIC hopes threat of criminal sanction enough to force good audits

The regulator this year slashed the number of audits it reviews in its annual quality inspection regime from 45 to 30, even amid wider scrutiny on the sector.

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