PwC Australia spin-off Scyne has been approved by the powerful Finance Department to take on the federal government contracts of its predecessor and accept new Commonwealth work.
The Finance Department announced the clearance on Thursday morning, paving the way for federal government agencies to transfer their existing PwC contracts to the private equity-backed consultancy and to enter into new contracts with the company.
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Edmund Tadros leads our coverage of the professional services sector. He is based in our Sydney newsroom. Connect with Edmund on Twitter. Email Edmund at edmundtadros@afr.com.au