ANZ decides to drop KPMG as its auditor after nearly 60 years, according to multiple reports. The change follows damaging scrutiny of KPMG’s conduct, and it comes as ANZ reviews major external relationships.
All three outlets link the decision to a whistleblower-related controversy involving KPMG. They report that KPMG has already cut hundreds of staff after failing to handle the whistleblower matter appropriately. While the articles focus on the immediate business impact for ANZ, they frame the auditor switch as part of wider fallout from the scandal and related operational changes at KPMG.
The sources converge on the core timeline and rationale, but each emphasizes different consequences. One outlet highlights KPMG’s staffing reductions; another underscores the potential effect on ANZ’s audit arrangement. Together, the coverage portrays ANZ’s auditor exit as occurring in the broader context of KPMG’s reputational and internal disruption tied to the whistleblower dispute.