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KPMG feels the burn of $200m in public service consulting cuts

Edmund Tadros

The federal government has slashed the amount it spends on KPMG by two-thirds over the last year – from more than $300 million to just $106 million – as part of a push to reduce the use of consultants by the public service.

Despite the Albanese government’s move to cut spending with professional services firms, the total has not reduced over the last year. While major firms have lost work, spending with Accenture has almost doubled.

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correction

FTI Consulting has seven former KPMG partners, not eight as previously reported.

Edmund Tadros leads our coverage of the professional services sector. He is based in our Sydney newsroom. Email Edmund at edmundtadros@afr.com.au

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    Original URL: https://www.afr.com/companies/professional-services/kpmg-feels-the-burn-of-200m-in-public-service-consulting-cuts-20241113-p5kq6f