‘Egregious and Inexplicable’: KPMG’s Day of Reckoning

‘Egregious and Inexplicable’: KPMG’s Day of Reckoning

June 25, 2026 · 14 min

About this episode

The episode discusses KPMG Australia's crisis involving misuse of confidential client information and its implications for the consulting industry.

KPMG Australia is facing its biggest crisis in years after allegations that confidential client information was misused to help win lucrative audit contracts. In this episode, Amy Bainbridge talks to finance reporter Richard Henderson about what emerged from an explosive parliamentary hearing, and why more senior executives are stepping down. We also examine the scandal’s broader implications for the consulting industry, investors and corporate Australia. Why has so little changed since PwC's own confidentiality scandal – and are the industry's rules fit for purpose? See omnystudio.com/listener for privacy information.

People in this episode

Host: Amy Bainbridge

Guest: Richard Henderson

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Mentioned in this episode

Organizations: KPMG Australia, PwC

Places: Australia

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