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ANZ drops KPMG as long-time auditor

Original: anz

ANZ has ended its long-standing relationship with KPMG, dropping the firm as its auditor, according to reporting by The Australian. The move is described as a new blow for KPMG, which loses one of its most prominent Australian clients. It adds to pressure on the firm, which has faced reputational challenges in Australia's audit and consulting market.

Why now: News of a major bank ending a decades-long auditing relationship with KPMG is significant for Australia's professional services market.

ANZKPMGThe Australian

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