Lendlease

The former chief operating officer at KPMG has admitted that she stored a confidential Lendlease document in her locker and considered sharing it with a colleague but has said she did not understand why she was the only person forced out from the partnership. 

The former chair of Westpac’s board audit committee did not disclose allegations made by a whistleblower that KPMG breached its confidentiality obligations, having resigned due to his “social engagements” with senior members of the accounting firm during a tender, an inquiry has heard.

Lendlease has sold its 50 per cent stake in two shopping centres in Perth and Brisbane to Cbus Property for around $1.3 billion. 

Lendlease has been tapped by Queensland as preferred contractor for the Redcliffe Hospital expansion project in Moreton Bay, a key part of the government's hospital rescue plan.

Lendlease has established an investment partnership with Dutch pension fund manager PGGM with an investment capacity of up to $1.1 billion.

The City of Melbourne will oppose amendments to Lendlease’s $263 million Swanston St tower due to “unacceptable impacts” on views, including overshadowing Federation Square and the Flinders Street steps. 

The Queensland government has selected Lendlease as its master development partner for a mixed-use riverfront project in South Brisbane ahead of the 2032 Olympics.

KPMG's national chairman Martin Sheppard is stepping down to make way for an independent chair, and audit partners Eileen Hoggett and Paul Rogers are leaving the firm.

Under pressure from parliamentary committee members, KPMG said late Friday it would waive privilege and hand over investigation reports from Allens and Ashurst, after initially resisting orders for documents.

ASIC’s chair says the corporate cop is investigating individuals at KPMG for alleged misuse of confidential information belonging to Lendlease and Optus to win new work, but says it is hamstrung by current law from undertaking a broader probe.