Michele Bullock
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Bullock says RBA will re-tender KPMG whistleblower hotline contract amid scandals
KPMG audits the RBA and runs its whistleblower hotline but maybe not for much longer Fri 5 Jun 2026 at 5:00am In short: The Reserve Bank will re-tender its whistleblower hotline service contract after KPMG has been caught up in a swirl of scandals. Governor Michele Bullock says KPMG, engaged by the Australian National Audit Office, audits the bank's financial statements. The Greens have called on the federal government to ban KPMG from all government contracting work.
RBA not concerned about stagflation or wage-price spiral
RBA not concerned about stagflation or wage-price spiral Thu 4 Jun 2026 at 5:49pm In short: RBA governor Michele Bullock says the war in the Middle East is creating a "highly uncertain" environment that could see inflation rising even higher than anticipated. But she is not concerned about stagflation occurring in Australia, nor a wage-price spiral. The RBA Board's next two-day monetary policy meeting will be held on June 15 and 16.
ASIC names two KPMG partners it is formally investigating over audit scandal
ASIC names two KPMG partners it is formally investigating over audit scandal Fri 5 Jun 2026 at 5:15pm In short: ASIC has named KPMG's former chief operating officer Eileen Hoggett and audit partner Paul Rogers as two of the individuals it is investigating over the audit scandal. ASIC told a Senate estimates committee today it was formally investigating KPMG and that it still had eight current contracts with the firm. Current and former KPMG partners will appear before a parliamentary inquiry...
Live: ASX to fall, SpaceX eyes mega IPO
live Live market updates: ASX tipped to open lower, SpaceX eyes $US135-a-share for mega IPO The ASX is set to fall after Wall Street pulled back from record highs as renewed Iran war fears hit risk appetite. Oil prices also climbed on fresh Middle East tensions. Meanwhile, all eyes are on SpaceX after it set a $US135-a-share IPO price for what could be the biggest float in history.