The ICAC is investigating how the conflict of interest between interim vice-chancellor John Dewar and his consulting firm, KordaMentha, was managed at the University of Wollongong.

The ICAC inquiry has heard a former University of Wollongong executive was dismissed on the day of a disputed salary increase.

The ICAC is investigating how the conflict of interest between interim vice-chancellor John Dewar and his consulting firm, KordaMentha, was managed at the University of Wollongong.