In Melbourne, that’s what friends are for. PwC, under Sayers’ direction in 2017, wrote the original business case for Andrews’ $125 billion Suburban Rail Loop, but in that instance Sayers handed around cocktail napkins. The first CEO of the Suburban Rail Loop Authority, Tom Considine, now works for Sayers. So does Jaala Pulford, a member of Andrews’ cabinet until nine months ago. Sayers understands that hiring the friends and associates offers a tremendous return on capital. He’s not the first person to do this, he’s just the latest – and he’s good at it. Sayers was the chief executive of...