KPMG chair resigns after damning hearing and legal backflip
KPMG chairman Martin Sheppard resigned following a parliamentary hearing on allegations the firm misused confidential client information. Labor senator Deborah O’Neill criticized Sheppard’s defense of KPMG’s leadership, stating they do not grasp the severity of the issues. The firm faces potential audits from Lendlease and a suspension from federal government contracts as fallout continues.
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Published 23 Jun 2026, 00:48 UTC · Updated 23 Jun 2026, 00:50 UTC
Summary by OZbrief Editorial. Original report: SMH. Editorial policy · Corrections
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