KPMG Under Fire Over Client Data | Sydney News

KPMG is under fire in a parliamentary inquiry after whistleblower claims allege audit partners misused confidential client data to win big contracts — including from Westpac, Dexus, Optus, and Macquarie. Lendlease’s board papers reportedly helped KPMG secure lucrative deals, sparking outrage as companies demand accountability. Macquarie’s chairman admits they’re reviewing their $75 million audit contract, complicated by the fact that their audit committee chair was once a senior KPMG partner. Meanwhile, Westpac says it only recently learned the full scope of the allegations, while Optus calls KPMG’s conduct “an egregious breach.” The hearing continues as corporate giants push for KPMG to prove it can be trusted again — with Senator ONeill slamming the firm for letting itself grade its own homework. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/8a0d337b8951d02c