Jun 17, 2026 – 4.56pmMacquarie director and former longtime KPMG partner Michelle Hinchliffe personally attended early-stage bid meetings in Sydney and London as EY pitched the bank’s executives for its $75 million-a-year audit, the most coveted audit gig in the country.Bidding teams considered the early involvement of Hinchliffe, who chairs Macquarie’s board audit committee, highly unusual. EY executives were reportedly taken aback by her presence at these preliminary sessions, where she actively questioned the aspirant firms and took detailed notes.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles