University of Sydney urged to ‘come clean’ on payment to company it part-owns with PwC

The University of Sydney paid the company Innowell to provide ‘a health and wellbeing portal’ to its staff and students. Innowell’s major shareholders are the university and PwC. Photograph: Paul Miller/AAP

The Greens have criticised the University of Sydney and called on management to “come clean and disclose” more detail about a payment to a for-profit company it part-owns with PwC.

The university paid the company Innowell Pty Ltd to provide “a health and wellbeing portal” to its staff and students. Innowell’s major shareholders are the University of Sydney (32%) and consultancy firm PwC (45%). University of Sydney professors Ian Hickie and Jane Burns are also minor shareholders.