Jun 26, 2026 – 7.56amAustralia’s major corporations should put the audit of their company accounts to tender every decade, adopting a practice similar to that in the United Kingdom and Europe, says an influential shareholder advisory firm following the scandal engulfing KPMG.Ownership Matters said the allegations against KPMG also meant company boards that use the auditing firm should question the quality of its work and seek assurances from the firm about data security.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles