Westpac’s decision last week to ditch its (very) longstanding auditors at PwC in favour of appointing new ones from rival KPMG continues to reverberate through Barangaroo’s International Towers complex.
That is, of course, because both Westpac and KPMG have large offices there. And because their myriad entanglements make the implementation of this kind of audit contract a rather tricky manoeuvre.
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Myriam Robin is a senior writer based in the Melbourne newsroom. She has previously been a Rear Window columnist and editor, and before that reported on financial markets and media. Connect with Myriam on Twitter. Email Myriam at myriam.robin@afr.com