Australia’s leading super funds halt future contracts with PwC amid tax scandal fallout

AustralianSuper, Australian Retirement Trust, Hesta and Aware Super say they won’t enter into new contracts with the firm

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Australia’s biggest superannuation funds have either frozen, or are reviewing, future work contracts with PricewaterhouseCoopers Australia, as the fallout from the tax leaks scandal proves costly for the embattled firm.

Four of the country’s biggest funds, AustralianSuper, Australian Retirement Trust, Hesta and Aware Super, say they will not enter into new contracts with PwC, after the professional services firm used confidential information obtained through its work for the government for commercial gain.

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