Deloitte Faces Australia Senate Consulting Probe’s Last Grilling (Correct)

Deloitte’s business ethics will be in the spotlight Friday as Australian lawmakers wrap up a Senate inquiry into government contracts with large tax consultancies.

Senators launched their probe after a partner at PwC Australia spurred a scandal by exploiting access to Treasury Department policy talks as a consultant to promote a tax avoidance scheme for corporate clients.

The inquiry has resulted in intense questioning about Australian affiliates of these firms’ government contracts, inner workings, and culture. It’s helped reveal weaknesses in regulation of the consulting industry that have resulted in what Australian Treasurer Jim Chalmers called “the biggest crackdown on ...