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ABC News Just In· This weekPolitics

KPMG ban on government work extended after 'serious ethical failings'

The federal government has extended its pause on KPMG bidding for new government work until February 28, 2027. The decision follows an independent review by Ian Watt, which found serious ethical failings by some senior KPMG members and significant cultural concerns within the firm. KPMG chief executive John Sams and chairman Michael Ebeid said they accepted the findings. During the pause, KPMG must provide an implementation plan and quarterly progress reports. Several states and territories have also banned KPMG from public sector work pending their own reviews.

KPMG ban on government work extended after 'serious ethical failings'
ABC News Just In· This weekBREAKING

Another bank announces job cuts — as it happened

Westpac has announced job cuts. The union accuses the bank of using NAB's mass redundancy announcement as cover for its own restructure. Separately, the government has extended the pause on KPMG bidding for Australian government work until February 28, 2027, following an independent review and the audit leaks scandal. The Australian share market closed lower after gains on Wall Street.

Another bank announces job cuts — as it happened

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