SMH
·general
·2 hours ago
KPMG hit with de facto ban on new government contracts
KPMG has been effectively banned from new federal government contracts until September 30, 2026, amid a review of its suitability as a contractor. The Department of Finance indicated KPMG Australia agreed to this request following a whistleblower scandal involving misuse of sensitive information. The ban mirrors issues faced by rival PwC and could impact KPMG's active contracts worth $653 million.
Summary by OZbrief · SMH
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