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Finance Reinstates PwC Australia for Government Contracts Under Strict Conditions

PwC’s procurement freeze ends with an ongoing consultancy ban until 2028 alongside biannual culture-change monitoring through June 2027.

Overview

  • The Department of Finance has lifted its 16-month ban on PwC Australia bidding for general government services effective 15 July 2025.
  • A non-compete clause linked to the $1 spin-off of its advisory arm, Scyne, bars PwC from government consultancy engagements until 2028.
  • PwC must submit six-monthly reports on its internal cultural and governance reforms to the Finance Department through 30 June 2027.
  • Senators Barbara Pocock, Deborah O’Neill and Richard Colbeck criticized the decision as premature as significant AFP probes and unacted inquiry recommendations remain.
  • The Australian Federal Police continue investigating former PwC Australia partners over the 2023 misuse of confidential Treasury documents.