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AustraliaEconomyOverlooked from the right3 days ago

From KPMG to PwC, the Big Four firms will keep betraying us. Here’s five steps we can take to ensure they can’t

The article discusses concerns over the conduct of major accounting firms such as KPMG and PwC, particularly regarding their handling of taxpayer funds and allegations of misconduct. It highlights recent issues involving KPMG's alleged misuse of confidential client data and mentions PwC's efforts to restructure by removing its government consulting arm.

Policymakers in Canberra have tools available to them to place accounting firms like KPMG, PwC, EY and Deloitte — which take billions in taxpayer funds each year — under much greater scrutiny.

Jun 18, 2026

5 min read

Outgoing KPMG CEO Andrew Yates (Image: Crikey/Zennie)

KPMG’s alleged misuse of confidential client data — now referred to the National Anti-Corruption Commission — has spurred much watercooler speculation about who did what, how the firm didn’t deal with things sooner, and how many partners or staff will have their heads lopped off.

Lest it befall the same fate as PwC Australia, the Big Four firm will be doing what it can to manage that chatter.

PwC’s local operation, so that it could again be seen as worthy to earn bucketloads from the taxpayer kitty, had to take a hacksaw and amputate its government consulting arm to try to get its house in order.

Read the full article at Crikey →
Source document: National Anti-Corruption Commission

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CrikeyIndependentLeft3 days ago
From KPMG to PwC, the Big Four firms will keep betraying us. Here’s five steps we can take to ensure they can’t

The article discusses concerns over the conduct of major accounting firms such as KPMG and PwC, particularly regarding their handling of taxpayer funds and allegations of misconduct. It highlights recent issues involving KPMG's alleged misuse of confidential client data and mentions PwC's efforts to restructure by removing its government consulting arm.

Bias read (Left): The article uses critical language towards the Big Four accounting firms, suggesting they 'betray' taxpayers and implying systemic issues requiring regulatory intervention. The tone emphasizes holding these firms accountable and suggests policymakers have tools to increase scrutiny, aligning with a左

Official sources cited

  • government National Anti-Corruption Commission

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  • governmentNational Anti-Corruption Commission