Jun 10, 2026 · 24 min · 6 segments
Up the Creek! observes how some of the nation’s biggest consultants are being hit by the karma bus, dissects the Big Australian’s big lies over net zero and documents the dic pic saga shaking…
Mark ForbesHost
Ben HaslamHost
Well, Mark, it seems to be another case of the big four or one of the big four behaving badly.
This story has got so much excitement that even the Daily Telegraph ran it about the second or third story when KPMG Australia's CEO, Andrew Yates, resigned after The company finally acknowledged claims from a whistleblower were correct, and that is, in fact, they'd been sharing some confidential client data belonging to existing clients in an effort to win work from other clients, in particular, land lease.
So, yeah, very much, I think, against any sort of ethical or you'd think professional boundaries.
And as a result… We've already seen the Victorian and New South Wales governments backing away from doing any business with KPMG.
the great thing about doing a story on Up the Creek that's literally happening as we do the recording.
And the federal government revealed this morning, Daniel Molina, in fact, the Assistant Treasurer, that they are reviewing $270 million worth of KPMG contracts with the Federal Department of Finance.
The Federal Department of Finance is calling this a quote-unquote significant event, which apparently means it's a significant event.
And also the other interesting thing is that there's $330 million in contracts due to expire, KPMG contracts due to expire with the Commonwealth, at the end of this month.
And half a billion dollars in federal and state government's money up for grabs, mate.
The rest of the big three will be licking their chops, but it's not as if their houses are necessarily in the order too.
So far – I shouldn't say so far, but who knows what will be down the track – they have not done anything wrong to the best of our knowledge at this stage.
Well, Mark, it seems to be another case of the big four or one of the big four behaving badly.
This story has got so much excitement that even the Daily Telegraph ran it about the second or third story when KPMG Australia's CEO, Andrew Yates, resigned after The company finally acknowledged claims from a whistleblower were correct, and that is, in fact, they'd been sharing some confidential client data belonging to existing clients in an effort to win work from other clients, in particular, land lease.
So, yeah, very much, I think, against any sort of ethical or you'd think professional boundaries.
And as a result… We've already seen the Victorian and New South Wales governments backing away from doing any business with KPMG.
the great thing about doing a story on Up the Creek that's literally happening as we do the recording.
And the federal government revealed this morning, Daniel Molina, in fact, the Assistant Treasurer, that they are reviewing $270 million worth of KPMG contracts with the Federal Department of Finance.
The Federal Department of Finance is calling this a quote-unquote significant event, which apparently means it's a significant event.
And also the other interesting thing is that there's $330 million in contracts due to expire, KPMG contracts due to expire with the Commonwealth, at the end of this month.
And half a billion dollars in federal and state government's money up for grabs, mate.
The rest of the big three will be licking their chops, but it's not as if their houses are necessarily in the order too.
So far – I shouldn't say so far, but who knows what will be down the track – they have not done anything wrong to the best of our knowledge at this stage.
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