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A Macquarie review had found no breaches during a 2025 audit tender process which led to the appointment of KPMG, but said it would review its tender rules and conflict of interest policies.
A judge has approved the discontinuance of one of two class actions on behalf of members of Macquarie Bank's superannuation plan who sunk $321 million in retirement savings into the failed Shield investment fund.
Construction PRO
Macquarie Asset Management has acquired half of Aware Super’s Victorian land registry stake, with law firm Allens advising the superannuation fund on the deal.
Macquarie's board will no longer back the appointment of KPMG to replace PricewaterhouseCoopers as the group's auditor, following claims audit partners used confidential client information to win tenders.
Nuix has blasted as defective and "exceptionally" late a proposed mid-trial amendment to the pleadings in a shareholder class action over the software firm's 2020 IPO.
Optus chair John Arthur said Friday KPMG's alleged sharing of the telco's confidential information to win business with Telstra was an “egregious breach of responsibilities”.
Macquarie Group chairman Glenn Stevens will face the latest parliamentary joint committee hearing Friday into KPMG ethic's scandal, joining executives from Westpac, Optus and Dexus.
Construction PRO
Macquarie Asset Management is partnering with Anthropic and Singaporean sovereign wealth fund GIC on data centre infrastructure, with the partnership to initially focus on data centres in the US.
A shareholder class action against Nuix has argued that its IPO should never have gone ahead, taking the court to email exchanges about its history of disappointing results, which the tech company's former CFO called "worse than terrible".
Macquarie Group is conducting a review into the appointment of KPMG as its auditor, as the accounting giant reels from a whistleblower's accusations of client data breaches.