A humble footnote on page 30 of the Northern Australia Infrastructure Facility’s 2016-17 annual report reads: “PwC supported NAIF in the development of its Risk Management Framework.” NAIF was in the news in late 2016 because it had reportedly given “conditional approval” of a $1 billion loan to Adani for its Carmichael Coal Mine.

In news that may surprise precisely no one, PricewaterhouseCoopers (PwC) was also working for Adani. In fact, not only did PwC “act for” Adani in trying to secure the NAIF loan, the firm also produced economic modelling that purported to show that delays to the Adani mine had cost Queensland 2,665 jobs.

Source: PwC and the Adani mine triple dip. A conflict of interest? Surely not – Michael West