ANZ to replace KPMG as auditor after nearly six decades

By Reuters News

- Australia's ANZ Group ANZ.AX said on Friday it would launch a competitive tender for external audit services, with incumbent KPMG ineligible to participate after serving as the bank's auditor since 1969.

ANZ joins a growing list of Australian companies reviewing long-standing audit arrangements with KPMG, after Insurance Australia Group IAG.AX and Macquarie Group MQG.AX recently moved away from the firm.

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