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KPMG Australia

KPMG Australia is the Australian member firm of the global KPMG professional-services network, providing audit, tax and advisory services.

Last updated November 2, 2026

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Overview

KPMG Australia is the Australian member firm of KPMG International, one of the global 'Big Four' professional-services networks. Operating as a partnership under the KPMG brand, the firm delivers audit and assurance, tax, and advisory services to listed companies, private businesses, government bodies and not-for-profit organisations across Australia. Its service lines span financial statement audit, internal audit and risk assurance; corporate, indirect and international tax; and a broad advisory practice covering deals, management consulting, technology and digital transformation, cyber security, ESG and climate advisory, and restructuring. The firm serves most major sectors of the Australian economy, including financial services, mining and energy, government and public sector, consumer and industrial markets, and technology and telecommunications. As a member firm of KPMG International, KPMG Australia operates under the global KPMG brand and professional standards while being owned and managed locally by its partners. It is not a listed company; its partners are the owners of the Australian practice. The firm is a major graduate employer in Australia and is closely associated with the Australian professional-services market alongside the other Big Four networks. KPMG's global brand traces its roots to the merger of Peat Marwick International and Klynveld Main Goerdeler in 1987, which created KPMG. The Australian practice developed as part of that international network and today operates from offices in Australia's major cities, with its principal presence in Sydney. The firm is known for its audit and assurance work for large Australian corporates and public-sector entities, and for advisory work in areas such as climate reporting, digital transformation and regulatory change.

History

KPMG Australia is the Australian member firm of KPMG International, a global professional-services network formed in 1987 through the merger of Peat Marwick International and Klynveld Main Goerdeler. The KPMG name is derived from the initials of the founding firms that make up that heritage: Klynveld, Peat, Marwick and Goerdeler. The Australian practice grew as part of the international network, building audit, tax and advisory capabilities serving Australian corporates, government and financial institutions. Over time the firm expanded beyond traditional audit and tax into management consulting, deal advisory, risk and technology consulting, and later climate and sustainability advisory, reflecting the broader evolution of the Big Four firms from accounting practices into multidisciplinary professional-services organisations. As a member firm, KPMG Australia is owned and managed by its local partners while operating under the shared KPMG global brand, methodology and quality standards. Its principal office is in Sydney, with a presence in other major Australian cities. The firm is a significant recruiter of graduates and experienced professionals in Australia and is regularly ranked among the country's largest professional-services employers. In recent years, KPMG Australia, like its global network, has emphasised technology and digital transformation, cyber security, and ESG and climate-related reporting advisory, responding to regulatory change in Australia around climate disclosure and to client demand for transformation services. The firm also provides audit and assurance to large listed Australian companies and public-sector entities, a role central to its brand and market position.

  • Peat Marwick International and Klynveld Main Goerdeler merge to form KPMG, the global network of which KPMG Australia is a member firm.

Products and positioning

One of the Big Four professional-services networks in Australia, positioned around audit quality, multidisciplinary advisory and trust in capital markets.

  • Audit and assurance

  • Tax services

  • Advisory and consulting

  • Deal advisory

  • Risk and cyber advisory

  • ESG and climate advisory

Controversies

  • 2021

    PCAOB fines KPMG Australia over training-test cheating allegations

    The PCAOB announced a $450,000 fine against KPMG's Australian subsidiary to resolve allegations of widespread cheating on personnel training tests. The PCAOB said more than 1,100 KPMG Australia employees were involved in improper answer sharing; the alleged misconduct occurred from at least 2016 until early 2020.

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Recent events

  • Unconfirmed

    KPMG Australia confirms nearly 400 layoffs[3]

    Reported:

    KPMG Australia confirmed it will lay off around 400 employees, including senior partners, amid a scandal over misuse of sensitive client information, weakened demand, reduced government budgets and declining consulting revenue.

  • KPMG Australia cuts 5% of workforce and partner pay amid data-misuse scandal[4]

    Reported:

    KPMG Australia announced it will cut 5 per cent of its workforce, including 27 partners and 360 staff, and reduce average partner pay by 13 per cent, as part of a cost-cutting program triggered by a document-misuse scandal that has hurt demand for its consulting services. The firm reported annual revenue for the year to June 30 fell 1 per cent to $2.1 billion.

  • KPMG Australia begins job cuts amid audit scandal fallout[5]

    Reported:

    KPMG Australia commenced workforce reductions affecting both partners and staff as it deals with the aftermath of an ongoing audit scandal. Conversations with nearly 50 partners were set to conclude on 21 August, with cuts extending to client-facing staff the following week and around 450 positions expected to be removed. The audit and tax teams were excluded from the redundancies.

  • PCAOB fines KPMG Australia over training-test cheating allegations[2]

    Reported:

    The PCAOB announced a $450,000 fine against KPMG’s Australian subsidiary to resolve allegations of widespread cheating on personnel training tests. The PCAOB said more than 1,100 KPMG Australia employees were involved in improper answer sharing; the alleged misconduct occurred from at least 2016 until early 2020.

  • Unconfirmed

    KPMG Australia appoints Andrew Yates as CEO[6]

    KPMG Australia announced that its board appointed Andrew Yates as its new CEO. He is scheduled to assume the role on 1 July 2021, succeeding Gary Wingrove.

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