Jun 11, 2026 – 8.00pmWestpac director Peter Nash sat in on meetings when KPMG, EY and Deloitte pitched for the bank’s $32 million a year audit, despite the bank’s assurances that the former KPMG chairman was “not involved” in the tender.Nash, who spent 25 years at KPMG and chaired the firm from 2011 to 2017, now chairs Westpac’s board audit committee. Rivals were unhappy with his presence but stayed silent to protect their bids, and insiders said Nash was “engaged in questioning” the competing pitch teams.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Westpac audit chair sat in on pitches despite KPMG conflict fears
Peter Nash actively questioned rival pitch teams from EY, Deloitte and KPMG, contradicting Westpac’s claims to parliament.
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