it's cheap labour. 1k salary, no insurance, no bonus. just pay for the 9 months peak, 3 months off peak no need to pay salary. fat margins for partners at the cost of clueless students.

i dunk on the aussies for being sloths but at least they are required to pay interns at least minimum wage so full time interns there earn as much as a full time staff. I don't mind a HCOL if it means everyone gets it better.

at this rate, business grads should just do sales or operations instead of accounting. much better payoff