KPMG audit leaks scandal – everything you need to know

by · Australian Financial Review

Edmund TadrosProfessional services editor
Jun 7, 2026 – 12.52pm

KPMG Australia faces a crisis following a whistleblower’s allegations that partners used confidential client data to win corporate audit contracts. The scandal could prove more damaging than PwC’s tax leaks because it undermines the trust required for corporate auditing.

The whistleblower – a former audit director – made a formal disclosure in May 2024. The core of the allegations is that partners misused confidential Lendlease board papers to pitch for and win the external corporate audits for Westpac and Dexus. Inside information was also allegedly used to secure lucrative work from Macquarie Group and Westpac.

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Edmund TadrosProfessional services editorEdmund Tadros leads our coverage of the professional services sector. He is based in our Sydney newsroom. Email Edmund at edmundtadros@afr.com.au

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