Recent events
Recent events tied to this brand in public sources.
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2026
KPMG Australia confirms nearly 400 layoffs
KPMG Australia confirmed it will lay off around 400 employees, including senior partners, amid a scandal over misuse of sensitive client information, weakened demand, reduced government budgets and declining consulting revenue.
2026
KPMG Australia cuts 5% of workforce and partner pay amid data-misuse scandal
KPMG Australia announced it will cut 5 per cent of its workforce, including 27 partners and 360 staff, and reduce average partner pay by 13 per cent, as part of a cost-cutting program triggered by a document-misuse scandal that has hurt demand for its consulting services. The firm reported annual revenue for the year to June 30 fell 1 per cent to $2.1 billion.
2026
KPMG Australia begins job cuts amid audit scandal fallout
KPMG Australia commenced workforce reductions affecting both partners and staff as it deals with the aftermath of an ongoing audit scandal. Conversations with nearly 50 partners were set to conclude on 21 August, with cuts extending to client-facing staff the following week and around 450 positions expected to be removed. The audit and tax teams were excluded from the redundancies.
2021
PCAOB fines KPMG Australia over training-test cheating allegations
The PCAOB announced a $450,000 fine against KPMG’s Australian subsidiary to resolve allegations of widespread cheating on personnel training tests. The PCAOB said more than 1,100 KPMG Australia employees were involved in improper answer sharing; the alleged misconduct occurred from at least 2016 until early 2020.
2021
KPMG Australia appoints Andrew Yates as CEO
KPMG Australia announced that its board appointed Andrew Yates as its new CEO. He is scheduled to assume the role on 1 July 2021, succeeding Gary Wingrove.