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Scandal-hit PwC Australia sells government advisory business

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Consulting giant PwC said Tuesday it had offloaded its lucrative Australian government advisory business for Aus$1, as it tries to move on from a damaging tax leak scandal. | AFP

In a statement provided to AFP, Scyne Advisory partners Tim Jackson and Ben Neal said: “We have a once-in-a-generation opportunity to lead the change required in government advisory in Australia.”

The sale means that Scyne could be liable to pick up new government contracts and continue work that may have been taken from PwC.

 

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