ANZ has concluded its 59-year partnership with KPMG as its auditing firm. The major bank has dropped KPMG amidst ongoing issues over the firm's audit quality. This marks a significant change in ANZ's audit arrangements. The decision comes after a series of audit leaks that have raised doubts about KPMG's trustworthiness. ANZ has not provided specific details for the termination but has cited the need for a shift in its audit arrangements to ensure the highest standards of auditing quality.
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