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Downer’s stoush with KPMG a big test for corporate Australia

Cosy relationships between big four audit firms and directors have greased corporate Australia’s wheels for decades. Now they are coming under pressure.

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The last thing KPMG or any of the big four consulting firms needed was a big client joining the bashing party.

Battered from pillar to post in government inquiries and the court of public opinion, the one place consulting firms have been protected is inside boardrooms.

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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com

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    Original URL: https://www.afr.com/chanticleer/downer-tests-big-four-firms-claims-on-corporate-australia-20240304-p5f9rd