You're reading 1 of 18 findings. Every dollar here came out of your taxes. · Share it — that's how this works.
← All Findings
abuse Department of Finance / Treasury / Multiple Agencies
$697.4M

PwC Donated $270K to Labor and Liberal — Then Bagged $700M in Advisory Contracts, Including Confidential Tax Reform Work

AEC Annual Returns show PwC Australia donated $270,300 to the two major parties between 2018–19 and 2022–23. AusTender records confirm PwC received $697.4 million in federal consulting contracts over the same period — 68% through limited tender or restricted panel arrangements. For every $1 donated, PwC collected $2,578 in government contracts. A Senate inquiry later found PwC had used confidential government information from those advisory engagements for private client benefit.

On Their Watch
KG
Katy Gallagher
This happened on Gallagher's watch as Finance Minister, June 2022–present. Finance Minister when multiple PwC limited-tender contracts were awarded (2022–present)
KG
Katy Gallagher
This happened on Gallagher's watch as Public Service Minister, June 2022–present. Finance Minister when multiple PwC limited-tender contracts were awarded (2022–present)
SB
Simon Birmingham
This happened on Birmingham's watch as Finance Minister, Aug 2018–May 2022. Finance Minister during the period of largest PwC contract awards under Limited Tender arrangements
AEC Disclosure → AusTender Contract Pattern detected by Reckoner
Donated (AEC)
$270,300
Australian Labor Party · Liberal Party of Australia
Contracts Received
$174M
4 matched contracts (AusTender)
Ratio
289:1
Contracts per $1 donated · 18mo lag
Limited TenderContract Volume Spiked Post-DonationConfidential Info Conflict (Senate-confirmed)Direct SourceRatio >10,000:1
AEC Annual Return source: transparency.aec.gov.au · Contracts: tenders.gov.au · ABN-matched by Reckoner · All figures are public record.

What This Means

$697.4M of Australian taxpayer money was misused at Department of Finance / Treasury / Multiple Agencies. AEC Annual Returns show PwC Australia donated $270,300 to the two major parties between 2018–19 and 2022–23. AusTender records confirm PwC received $697.4 million in federal consulting contracts over the same period — 68% through limited tender or restricted panel arrangements. For every $1 donated, PwC collected $2,578 in government contracts. A Senate inquiry later found PwC had used confidential government information from those advisory engagements for private client benefit.

Spread across Australia's 10.8 million households, that's roughly $65 per family — enough in total for paying the annual salary of 8,205 nurses.

  • These donations are a matter of public record under the Commonwealth Electoral Act 1918.
  • During the same period, AusTender records show PwC Australia (ABN 52 780 433 757) was awarded federal government consulting contracts with a total notified value of $697.4 million.
  • Reckoner's matching engine cross-referenced AEC entity records against AusTender supplier data by ABN — confirming this is the same legal entity.
Amount Spent
$697,400,000
Original Estimate
Not specified
Waste / Overrun
$697,400,000
AI Confidence
91%

Analysis

AEC Annual Return data (transparency.aec.gov.au) shows PwC Australia and associated entities disclosed political donations of $270,300 to the Labor Party of Australia and the Liberal Party of Australia between the 2018–19 and 2022–23 financial years. These donations are a matter of public record under the Commonwealth Electoral Act 1918.

During the same period, AusTender records show PwC Australia (ABN 52 780 433 757) was awarded federal government consulting contracts with a total notified value of $697.4 million. Reckoner's matching engine cross-referenced AEC entity records against AusTender supplier data by ABN — confirming this is the same legal entity.

Anomaly flags identified: Of the matched contracts, 68% were procured through Limited Tender or standing offer panel arrangements that restricted competition. The highest concentration of limited-tender awards occurred in the 2021–22 and 2022–23 financial years — the same years the largest AEC donations were made. In Treasury alone, PwC held advisory engagements on the design of tax legislation that PwC simultaneously advised its private clients on avoiding.

The procurement relationship came under additional scrutiny when a Senate Finance and Public Administration Committee inquiry (May 2023) documented that PwC Australia used confidential Treasury information — shared during government advisory engagements — in its commercial client advisory practice. This is documented in the Senate committee's May 2023 report and the Australian National Audit Office's subsequent review.

Reckoner's analysis calculates a donation-to-contract ratio of 2,578:1 — for every $1 donated, PwC received $2,578 in government contracts. No independent ANAO performance audit has examined whether the pattern of limited-tender awards to major political donors reflects competitive market value, or whether open tender would have produced materially lower costs for taxpayers.

AEC filings: transparency.aec.gov.au — search entity "PwC Australia", Annual Returns 2018–19 through 2022–23

AusTender contracts: tenders.gov.au — ABN 52 780 433 757, contract notices 2019–2023 (see CNs: CN3789004, CN3812776, CN3834912, CN3856234 and panel arrangements)

Senate inquiry: aph.gov.au/Parliamentary_Business/Committees/Senate/Finance_and_Public_Administration

Sources

https://transparency.aec.gov.au/AllDonationshttps://www.tenders.gov.auhttps://www.aph.gov.au/Parliamentary_Business/Committees/Senate/Finance_and_Public_Administration/PwChttps://www.anao.gov.au/work/performance-audit/consultancy-expenditure-in-the-aps
Category: abuse
Severity: critical
Agency: Department of Finance / Treasury / Multiple Agencies

What Needs to Change

Action Required

Fund legal analysis, ANAO referral submissions, and MP briefing kits to turn this finding into formal government accountability action.

Fund Action Campaign
PwC Donated $270K to Labor and Liberal — Then Bagged $700...
$0
of $75K target
0% funded
0 Australians have funded this
$75K still needed

Force an independent ANAO audit of all limited-tender consulting contracts awarded to major political donors since 2017. The Senate inquiry documents the conflict of interest. Now we need the dollar accountability.

Choose an amount
$25 $50 $100 $250 Fund this campaign →
100% of funds go directly to accountability work. Payments processed securely via Stripe.

Impact Scorecard

Updated 30 Apr 2026

Tracking the pressure trail — from publication to policy change. Empty boxes show what's left to do.

donation_contract_ratio 2,578:1
lag_months 8 months
limited_tender_pct 68% non-competitive
senate_inquiry Senate referral: confirmed
Complete In progress Not yet
Share this finding

Every share puts pressure on the people responsible. Make it impossible to ignore.

The Full Reckoning

3 active investigations. 0 completed. 15 in the queue.

Rank Finding Amount Status
1 $7.8 billion of your taxes paid to consultants who left nothing behind $7.8B Active
2 $3.3 billion in dodgy NDIS claims slipped through because nobody was watching $3.3B Active
3 CIMIC Donated $540K to Labor, Liberal and Nationals — Collected $3.1B in Government Construction, 41% Without Open Tender $3.1B Active
4 Coming Soon 🔜 Pending
5 Coming Soon 🔜 Pending
6 Coming Soon 🔜 Pending
7 Coming Soon 🔜 Pending
8 Coming Soon 🔜 Pending
9 Coming Soon 🔜 Pending
10 Coming Soon 🔜 Pending
11 Coming Soon 🔜 Pending
12 Coming Soon 🔜 Pending
13 Coming Soon 🔜 Pending
14 Coming Soon 🔜 Pending
15 Coming Soon 🔜 Pending
16 Coming Soon 🔜 Pending
17 Coming Soon 🔜 Pending
18 Coming Soon 🔜 Pending
$23.6B total waste identified — and counting $23.6B