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ANZ Ends $29.3M KPMG Audit Contract, Reopens Tender

By Drooid · Oct 2, 2026, 6:00 AM UTC · How we work

Summary

Story summary

ANZ Bank ended its $29.3 million audit contract with KPMG and reopened the tender.
KPMG had served as ANZ’s external auditor since 1969, nearly 60 years.
An anonymous KPMG whistleblower alleged senior partners misused confidential information, but the claim was ignored.
Senator Deborah O’Neill disclosed the allegations in March, prompting wider scrutiny.
After ANZ’s decision, Macquarie Bank also terminated KPMG as its auditor.

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Story summary

ANZ Bank ended its $29.3 million audit contract with KPMG and reopened the tender.
KPMG had served as ANZ’s external auditor since 1969, nearly 60 years.
An anonymous KPMG whistleblower alleged senior partners misused confidential information, but the claim was ignored.
Senator Deborah O’Neill disclosed the allegations in March, prompting wider scrutiny.
After ANZ’s decision, Macquarie Bank also terminated KPMG as its auditor.