KPMG

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...

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.

Another KPMG leader steps aside amid audit leak scandal fallout

KPMG Australia chief operating officer Eileen Hoggett steps aside as audit leak fallout widens Wed 3 Jun 2026 at 4:32pm In short: Eileen Hoggett's move marks another major change in the firm's leadership team after the chief executive and head of audit resigned last week. Ms Hoggett will return to a full-time audit role as investigations continue. The changes come after publicly aired revelations by a whistleblower that auditors at the firm had misused confidential client documents.

KPMG Australia’s CEO Andrew Yates quits over whistleblower scandal

KPMG Australia's CEO, Andrew Yates, has resigned following a whistleblower scandal concerning the misuse of client information. Yates took responsibility for the firm's inadequate response to the allegations. He stated that he was committed to fostering a 'speak-up culture' within the organisation.

KPMG Australia’s CEO Andrew Yates quits over whistleblower scandal

Yates says ‘we have let ourselves down’ when dealing with allegations of client information being misusedFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastKPMG’s Australian chief, Andrew Yates, will step down immediately, after taking responsibility for the consultancy firm’s failure to properly respond to whistleblower allegations around the misuse of client information.The firm’s chief executive made the shock announcement on...

KPMG Australia’s CEO resigns after whistleblower claims

Big Four firm says its investigations into allegations of data misuse lacked rigour

Canada in technical recession ‘talk’ divides analysts; KPMG note says: It’s not good

Canada's economy unexpectedly contracted by 0.1% in the first quarter, marking two consecutive quarters of decline and sparking debate over a technical recession. Prolonged U.S. tariff uncertainty and geopolitical headwinds have impacted business investment and driven up domestic prices, though some economists dispute the recession label due to a lack of widespread weakness.

KPMG Chief Economist Discusses Fed Rate Hike Expectations

Hong Kong's IPO boom is developing a performance problem

BEIJING — Hong Kong may be the top market globally for initial public offerings, but it also suffers from a growing trend of weak stock performance from those debuts. The Hong Kong exchange was first in the world by IPO funds raised last year — besting the New York Stock Exchange and the Nasdaq, which came second and third respectively — according to KPMG, which noted that strong momentum in 2025 continued in the first quarter of this year. More than 600 companies are waiting to list on the...

UK companies opting to hire temporary workers over permanent staff, recruitment firms say

Report blames Middle East conflict and rising business costs for fragile jobs market and steep fall in recruitmentUK companies are increasingly hiring temporary workers instead of permanent staff because of low confidence in the economy and higher cost pressures, according to a report. Recruiters reported a strong increase in offers of temporary roles in May, according to new research from KPMG and the Recruitment and Employment Confederation (REC).