Department of Finance

Briefs Prepared By Procurement Division For 2025-26 Supplementary Budget Estimates

FOI 25-26/147 Released 11 pages PDF

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Finance's August 2025 integrity examination of PwC Australia concluded the firm had implemented sufficient governance, culture, and accountability reforms to re-engage with government as an ordinary supplier. However, significant restrictions apply: PwC is contractually barred from competing for general government work until November 2028 and from PFC/PNFC contracts until November 2025. The firm has won no competitive tenders since the review and holds only one active contract—a court-appointed liquidator role. Finance will monitor PwC for two years with requirements for breach notifications and six-monthly progress updates. The brief notes it is "highly unlikely" PwC will secure substantial government work over the next four years, and the firm remains excluded from the Management Advisory Services panel.

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