Going West: PwC bolsters Parramatta presence with a new office and a new partnership with Western Sydney University

23 June

AUSTRALIA – PwC has today announced that up to 200 staff will work from the new, high-rise Western Sydney University (WSU) Parramatta City campus, cementing PwC’s commitment to greater western Sydney clients and bringing flexible work opportunities to life for staff who live in the area.  

PwC’s new offices in the University’s Parramatta City Campus will consolidate the existing Private Clients business in Norwest and staff from the consulting, economics, deals and infrastructure teams who are working on local engagements. It also provides the opportunity to strengthen relationships with the University, particularly with its School of Business.

PwC Sydney Managing Partner Joseph Carrozzi said the Greater Western Sydney region was a key growth area and PwC was responding to changing market demands and staff needs.

“We’ve been expanding our profile and reach in Western Sydney and this move strengthens our overall footprint and mix of local service offerings,” Mr Carrozzi said.

“In addition to Private Clients, PwC’s strategic focus is on transactions, digital businesses, advanced manufacturing and Science, Technology, Engineering and Maths (STEM) business and education opportunities, as well as our traditional financial, tax and audit service offerings,” Mr Carrozzi said.

The new Parramatta office will be fully linked with PwC’s Barangaroo offices, with teams able to work out of either location, ensuring better client experience and bringing flexible work to life.

“Nearly 1000 staff members live in the Greater Western Sydney region, making this decision a commitment to support their flexibility, with Parramatta clearly seen as the region’s centre. 

“Our ambition is to be embedded into the communities in which we operate and already this year we have hosted business events in Parramatta and formed a new P-TECH pathways partnership with McCarthy Catholic College in Penrith. We will continue to bolster our local knowledge and relationships to best serve our growing client base,” Mr Carrozzi said.

This community commitment was further illustrated today with the signing of a new Memorandum of Understanding between PwC and Western Sydney University.

The MOU will see students and staff from the University’s School of Business work side by side with PwC at the new Parramatta City Campus, with the two organisations working together to explore mentoring and work integrated learning opportunities for students, joint staff and leadership development, and collaboration on mutually beneficial research and innovation projects.  

Western Sydney University Vice Chancellor, Professor Barney Glover said the University’s partnership and co-location with businesses like PwC will make Parramatta City Campus a true innovation precinct - one that will generate significant opportunities for Parramatta and for Western Sydney. 

“To capitalise on the ‘Ideas Boom’ we must grow our connections with innovative industries. Our partnership with PwC will help unlock new areas of research, angel investing and business improvement for the Western Sydney region,” Professor Glover said.

“Not only will our students have access to initiatives and experiences with the largest professional services firm in Australia, our researchers will also be empowered to conduct important research that has a focus on industry impact.”

Mr Carrozzi said PwC was proud to partner with the University and will continue to build alliances with the local council, the state government, the Western Sydney Business Chamber and other stakeholders.

Western Sydney Director of the Sydney Business Chamber, David Borger said, “This is fantastic news for Western Sydney, PwC have seen the value of locating to Parramatta at a time of much public and private investment and will bolster the School of Business at Western Sydney University.

“We welcome PwC to Parramatta as they capitalise on Western Sydney’s youthful, highly educated and multilingual workforce,” said Mr Borger.

The opening of the new PwC offices at the University’s Parramatta City Campus are scheduled for early 2017. 

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