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The Latest Breaking News from KPMG

E20 causes ‘minor’ drop in vehicle mileage, Puri says, as India gears up for E100 fuel

The Petroleum Minister acknowledged a minor drop in fuel efficiency with E20 petrol but highlighted improved acceleration and engine performance as key benefits. Despite consumer concerns about mileage and older vehicles, the government is pushing ahead with ethanol blending. India is also exploring higher blends like E25 and E85.

The Economic Times

New KPMG chair slagged off Labor senator in email

A parliamentary committee has released an email by newly appointed KPMG chairman Michael Ebeid in which he criticised Labor's Deborah O'Neill.

AAP

KPMG appoints chair who claimed leak allegations were ‘completely false’ and called senator’s actions ‘inappropriate’

Greens senator says appointment of Michael Ebeid ‘risks entrenching the very culture and leadership that need to change’

The Guardian - AU

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Morning Mail: Hanson and Pocock’s unlikely alliance, Trump’s crypto billion, getting ‘Murdoched’

One Nation leader unites with independent senators to back battle for Aukus transparency; former News journalists reveal empire dark arts

The Guardian - AU

Australia’s mortgage burden is now above 1989 levels – when interest rates were 17%

KPMG analysis rebuts claims older generations had it harder when it came to buying and paying off a home

The Guardian - AU

‘Not fair and honest’: KPMG and other audit firms finally face a reckoning – and a potential break-up

The “big four” audit and consulting firms face a likely crackdown that could even lead to the firms being broken up, following a string of ethical failures.

The Conversation

Big four breakup: Govt considers move to split consulting and audit arms

Treasury outlines radical audit split options for big four.

The Canberra Times

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Number's up for crisis-hit accounting firms in shake-up

Treasury is proposing splitting auditing and consulting functions under reforms to the industry following scandals involving the major firms.

AAP

Politicians and media gather for Canberra’s Midwinter Ball– as it happened

This blog is now closed.

The Guardian - AU

John Deere Classic Betting Tips 2026: Can Baz Improve On Last Week's Runner-Up Selection?

Our betting expert tipped the runner-up last week on the PGA Tour, but he fancies his chances of going one better with three tips at the John Deere Classic

Golf Monthly

Two EY employees charged with accessing bank details of Australian PM Albanese: ‘Incredibly concerning’

Two men, aged 21 and 25, charged with unauthorised access to restricted data

The Independent UK

Global Market: Financial firms shift Asia expansion focus to South Korea, take cautious stance on China and India

Global financial firms are increasingly prioritising South Korea for Asia-Pacific expansion while adopting a cautious approach towards China and India, an ASIFMA-KPMG survey found. Regulatory clarity, stable policies and capital market opportunities are driving investment decisions, as firms reassess regional strategies amid geopolitical risks and operational challenges.

The Economic Times

LPGA Tour Pro Doubles Career Earnings After Making Major History... (But Brutal Lip-Out Cost Her $250,000)

A record tournament purse gave several pros the chance to change their lives, and that's what happened to Dewi Weber... but it could have been even better...

Golf Monthly

92% of tech executives see AI management as vital work skill by 2031: KPMG

As the corporate landscape shifts toward automated decision-making, 92 per cent of tech executives report that managing artificial intelligence agents will become an important skill within the next five years. According to a report by KPMG, this rapid rise of agentic AI is forcing organizations to overhaul their workforce structures…

The Economic Times

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Golf Monthly

KPMG Women's PGA Championship Prize Money Payout 2026: How Much Will Each Player Earn From The All-Time Record Purse?

There is an all-time record tournament purse on offer at the third women's Major of the season - here's how much the winner and the rest of the field will earn

The Guardian - AU

Leaks, lawyers and a whistleblower: how did KPMG’s failings emerge – and could more have been done?

A parliamentary inquiry heard claims from one former employee that partners pursued ‘revenue growth at all costs’

AAP

Under-fire firm still has ethics, leadership contracts

Having been hauled over the coals by a parliamentary committee, KPMG is again facing scrutiny regarding its suitability to run government training programs.

The Economic Times

EY, KPMG, Deloitte among top 10 auditors by number of companies audited in FY26

India’s audit market in FY26 remained dominated by large firms, with EY, KPMG and Deloitte leading by audit volume and market capitalisation exposure. Concentration persists, with limited firms handling multiple mandates, while auditor exits and tenure completions signal ongoing churn within the listed companies’ audit ecosystem.

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The Canberra Times

KPMG halts bids for ACT govt contracts after 'serious' allegations

Scandal-rocked firm agreed with ACT to stop bidding for work.

Golf Monthly

PGA Tour Unveils Two-Tier Circuit, Big Name To Miss The Open And Record Purse At The Third Women's Major Of The Season: This Week In Golf

Off the back of a fascinating US Open comes another Major and the PGA Tour's latest Signature Event - here's what else is coming up this week in golf...

AAP

KPMG chairman, partners to exit scandal-tainted firm

Two KPMG audit partners who allegedly accessed confidential information are leaving the accounting firm, along with its national chairman.

The Canberra Times

The paper tiger ban: the fine print that might save KPMG's federal contracts

Federal procurement ban has rivals circling KPMG contracts.

The Economic Times

Affordable housing, rental expansion and RERA reforms set to define next growth phase in India's urban region: Report

India's housing sector is set for a major overhaul, driven by urbanization and policy shifts. A report highlights the urgent need for affordable housing, especially for lower-income groups, by addressing land costs and approval delays. The rise of rental housing as a formal asset class is also emphasized, alongside crucial…

AAP

AAP Rolling News Bulletin June 20, 1430

AAP Rolling News Bulletin for June 20 at 1430

AAP

AAP Rolling News Bulletin June 20, 1400

AAP Rolling News Bulletin for June 20 at 1400

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