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ANZ Ends KPMG Audit Deal After 60 Years

By Drooid · Oct 2, 2026, 8:09 AM UTC · How we work

Summary

ANZ Ends KPMG Audit

ANZ announced it will end its six-decade audit relationship with KPMG.
The board deemed the long tenure no longer appropriate after review.
ANZ will launch a tender for a new auditor in FY 2028-29, concluding April.
KPMG earned $21.4 million in audit fees and $29.6 million total fees from ANZ in 2024-25.
Union leader Henry Belot said the prime minister’s $622,000 salary is vastly underpaid compared with 11 officials earning over $1 million.

Summary

Shoebridge Plans Leadership Vote

Greens senator David Shoebridge announced members will vote on the party’s next federal leader.
He said a conversation will involve all states, territories, branches and thousands of members.
Greens MP Steph Hodgins-May will work with Shoebridge to implement the voting plan.
Greens senator Mehreen Faruqi, who lost the party-room ballot, urged member input after the vote.
The new voting mechanism must be adopted before the post-election leadership decision each term.

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ANZ Ends KPMG Audit

ANZ announced it will end its six-decade audit relationship with KPMG.
The board deemed the long tenure no longer appropriate after review.
ANZ will launch a tender for a new auditor in FY 2028-29, concluding April.
KPMG earned $21.4 million in audit fees and $29.6 million total fees from ANZ in 2024-25.
Union leader Henry Belot said the prime minister’s $622,000 salary is vastly underpaid compared with 11 officials earning over $1 million.

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