KPMG Australia has been accused of misusing confidential information from its client Lendlease to win external audit work for Westpac and Dexus, while allegedly failing to act on a whistleblower complaint.
The claims, raised under parliamentary privilege by Labor senator Deborah O’Neill on behalf of an unnamed former KPMG executive, include allegations that the firm used inside information to win the external audit contracts for Macquarie Group and Westpac and improperly used internal Telstra data.