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U.S. Government Engages KPMG with Over $650 Million in Contracts Amid Controversy
Recent data from the parliamentary library has disclosed that the federal government is currently engaged in 297 contracts with KPMG, amounting to a cumulative value of $653 million. This revelation comes amidst an ongoing audit controversy involving KPMG, which is under investigation by the Australian Securities and Investments Commission (ASIC). A parliamentary committee hearing scheduled…
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Another KPMG Executive Resigns in Response to Audit Leak Controversy
In a significant development for KPMG Australia, Eileen Hoggett, the chief operating officer, is stepping back as the firm navigates an investigation related to a scandal involving audit leaks. This decision follows the resignations of both the chief executive, Andrew Yates, and the head of audit, Julian McPherson, which occurred just last week. The leadership…
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ICAC Launches Investigation into Claims Involving University of Wollongong Leadership
The Independent Commission Against Corruption (ICAC) has announced it will initiate an inquiry into allegations associated with the University of Wollongong (UoW), focusing on Chancellor Michael Still and the employment practices of consultancy firm KordaMentha. The hearings are scheduled to commence on June 22. This investigation follows a recent parliamentary inquiry in New South Wales…
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University’s international activities to face thorough examination
The University of Wollongong (UOW) has a legal obligation to support the Illawarra region, while also managing five campuses overseas. However, a recent inquiry by the New South Wales (NSW) Parliament has raised concerns that UOW may be compromising essential social services in favor of corporate objectives. Steve Whan, the NSW Minister for Tertiary Education,…
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University invests close to $1.5 million in leadership coaching while reducing staff and academic programs.
The University of Technology Sydney (UTS) has faced significant backlash from its staff and the National Tertiary Education Union (NTEU) following revelations that it spent nearly $1.5 million on an executive leadership coach prior to announcing substantial job and course cuts. This expenditure, which many view as excessive, has raised concerns about the university’s financial…