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Breaking: Macquarie dumps KPMG from nation's biggest audit contract

Breaking: Macquarie dumps KPMG from nation's biggest audit contract
ABC Australia Wednesday 26 August 2026, 08:24 UTC 1 min read
Key Points

Macquarie Group dumps KPMG from nation's biggest audit contract Posted KPMG has been dumped by Macquarie Group, according to a statement released today by the accounting firm. The firm said "while disappointed by the outcome, KPMG respects the decision taken by Macquarie". KPMG CEO John Sams said: "Today's announcement by Macquarie is a clear reminder that the consequences of our past failings are real.

Macquarie Group dumps KPMG from nation's biggest audit contract Posted KPMG has been dumped by Macquarie Group, according to a statement released today by the accounting firm. The firm said "while disappointed by the outcome, KPMG respects the decision taken by Macquarie". KPMG CEO John Sams said: "Today's announcement by Macquarie is a clear reminder that the consequences of our past failings are real. "Rebuilding trust will require sustained action, transparency and time. I am committed to leading this change with honesty, transparency and urgency." Loading
KPMG (ORG) Macquarie Group (ORG) Macquarie (ORG) John Sams (PERSON)
Originally published by ABC Australia Read original →

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