Sydney, 22 October 2026 – An independent review commissioned by Australia’s Department of Finance found that KPMG Australia mishandled whistleblower allegations involving the alleged internal sharing of client information and allowed governance and cultural weaknesses to persist. The firm agreed not to bid for new federal government work until February 2027 while it carries out further reforms.
The findings matter to businesses and investors because audit and consulting firms depend on trust, confidentiality and access to public contracts. Federal government work contributed A$207.1 million, or 9.5%, of KPMG Australia’s revenue in the 2026 financial year. Those figures show meaningful exposure, but the review did not recommend a permanent ban and does not determine the outcome of separate regulatory inquiries.
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