By Carlos Tse
Macquarie Bank backflips on KPMG’s audit suitabilityThe Macquarie Bank board has withdrawn its recommendation to engage KPMG as auditor, retaining PwC, after the recently embattled firm failed to meet the bank’s criteria.
Read MorePROFESSION • Jerome Doraisamy
The American arm of big four accounting firm Deloitte has agreed to pay US$21.5 million to resolve allegations of employment discrimination.
Tags: News, workplace, Deloitte, allegations, 267, United States, Trump Administration, DEI
PROFESSION • Malavika Santhebennur
Following pushback from business groups over the compliance burden, Treasury has released a consultation paper on ways to reduce the costs of sustainability reporting.
PROFESSION • Malavika Santhebennur
The Tax Office has said it is expanding its compliance action against businesses that it suspects are rorting the excise remission scheme for alcohol manufacturers.
Tags: ato, compliance, assurance
PROFESSION • Malavika Santhebennur
The Women in Finance Summit is returning in November 2026 with a refreshed focus on deliberate, high-value networking and practical career growth strategies.
PROFESSION • Miranda Brownlee
The corporate regulator must exercise its regulatory powers over auditors with rigour so that failures relating to integrity or quality result in serious consequences, a professor at Monash Business School has said.
PROFESSION • Miranda Brownlee
The government has said it will hold off on adopting any recommendations from the insolvency inquiry until it has completed its inquiry into business dynamism.
Tags: News, government, insolvency, reform
PROFESSION • Carlos Tse
The Australian firm has completed its transaction to join the Grant Thornton Advisors multinational platform, adding to its nearly 20 firms across the Americas, Europe, the Middle East, and the Asia-Pacific region.
Tags: News, Australia, grant thornton, 364, 348, buyout, 741, grant thornton advisors llc
PROFESSION • Malavika Santhebennur
Hospitality businesses have closed at nearly twice the national rate in the past year due to mounting operating costs, cost-of-living pressures, and higher wages.
Tags: insolvency, Business, CreditorWatch
PROFESSION • Carlos Tse
According to the latest CA ANZ data, more companies are forgoing ASX listings amid cost and compliance pressures and are considering private capital.
Tags: News, research, AI, 344, 310, capital raising, public companies, private capital, asx
PROFESSION • Miranda Brownlee
The Assistant Treasurer has revealed the members of the inaugural governing council for the new regulatory body, External Reporting Australia.
Tags: News, appointments, report, Australia, reporting, appointment