PwC Australia is caught in a scandal after it has been revealed that in 2014 a partner working for the government broke a confidentiality agreement by leaking planned changes in the tax laws to prevent multinationals avoiding taxes.

https://www.abc.net.au/news/2023-05-23/pwc-in-the-firing-line-as-afp-gets-involved/102376954

As of writing

The finance department of the Australian government has ordered officials to consider confidentiality breaches when evaluating bids. The Australian financial review said this "Effectively banned the firm from winning new work" (I personally think that's a bit melodramatic)

I'll resolve this market yes if any of the following happen in 2023:

1: The federal government announces it will not award new contracts to PwC.

2: The federal government stops awarding new contracts to PwC.

I won't bet in this market.

Created on 29th May.

PwC breached the Australian government’s trust, now it is facing the consequences

A Treasury investigation into the impact of a PwC tax expert’s use of confidential information — sold to clients seeking to minimise tax — could lead to the firm being referred to the Australian Federal Police, the assistant treasurer warns.