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AI Demand Boosts Accenture Australia's Revenue to $3 Billion Amid Consulting Sector Downturn
Australian Financial Review
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Details
- Date Published
- 19 Jan 2026
- Priority Score
- 2
- Australian
- Yes
- Created
- 19 Jan 2026, 11:16 pm
Authors (1)
- Edmund TadrosENRICHED
Description
The results, driven by demand for advice about artificial intelligence, contrast with the weaker performance of major rivals Deloitte, EY, KPMG and PwC.
Summary
Accenture Australia has achieved significant revenue growth, reaching nearly $3 billion, due in large part to rising demand for AI-related consulting services. This success contrasts with the declining revenues of the local consulting divisions of competitors such as Deloitte, EY, KPMG, and PwC. While the article highlights the financial performance of Accenture, there is an implicit indication of how AI is propelling business growth even during industry downturns. However, there is limited direct exploration of catastrophic AI risks or related policy discussions.
Body
CompaniesProfessional ServicesConsultingPrint articleEdmund TadrosProfessional services editorJan 19, 2026 – 8.00pmSurging demand for advice about artificial intelligence from telecoms businesses, banks, insurers and the public service helped boost Accenture Australia’s revenue to almost $3 billion in the past year.The results, which include a 20 per cent increase in post-tax profit to $124 million for the year, contrast with revenue falls at the local consulting divisions of the big four: Deloitte, EY, KPMG and PwC.Loading...Edmund Tadros leads our coverage of the professional services sector. He is based in our Sydney newsroom. Email Edmund at edmundtadros@afr.com.auSaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginLicense articleFollow the topics, people and companies that matter to you.Find out moreRead MoreConsultingAccenturePwCDeloitteKPMGNational Australia BankANZ BankTelstra CorporationWestpac Banking CorporationTelecommunicationsAISoftwareOpenAIData Centre Gold RushMergers & acquisitionsFetching latest articles