KPMG Secures $437M Govt Contracts, $303M in Defence

Australian Greens

New data from the parliamentary library shows KPMG currently holds $437 million worth of active contracts with the Federal Labor Government, despite the fallout over KPMG's integrity, ethics and leadership failures.

The data reveals that, as at 9 September 2026, KPMG holds 202 active contracts with 61 government departments, with Defence having the biggest share (69%) with 28 contracts worth $303.8 million.

KPMG has admitted to multiple ethical failures at its most senior leadership levels, scandals that include misuse of confidential client information to win audit work and mistreatment of a whistleblower. Meanwhile, the Government continues to employ KPMG's services in the multi-millions.

The Greens say Labor has not learnt the lessons of PwC or KPMG and needs to stop letting the Big Four firms rip off the Australian public purse.

As stated by Greens finance and public service spokesperson Senator Barbara Pocock:

"Why is Defence spending hundreds of millions of dollars on a multinational firm that has admitted to sharing confidential information with other clients? KPMG cannot be trusted with any government work, let alone matters relating to national security.

"The volume of contracts shows just how aggressive KPMG's push into government has been, and how addicted Labor remains to the Big Four firms, when it should instead be investing in a strong public service.

"The Government remains totally addicted to KPMG. Even the agency - ASIC - tasked with investigating KPMG's scandals holds multi-million dollar contracts with KPMG,

"Despite all the lessons of the PwC and KPMG consultancy scandals, Labor's response has been woefully inadequate to the Big Four.

"The Government's temporary month-to-month freeze on KPMG is nothing but a pathetic, tokenistic gesture. This is a government of gestures.

"Labor needs to stop feeding the beast and get on with the job of reforming a sector gone rogue. These firms play by their own rule book where ethics fall at the prospect of a bucket of money, and the government does nothing about it.

"The Big Four have lost their social licence. Australians have had enough of the repeated scandals. It's time to end the gravy train and properly regulate the Big Four.

"The Government must review all current contracts and ban KPMG from any future contracts until they've been properly investigated. They must break up and regulate the Big Four, and increase penalties for dishonest behaviour and ethical failures."

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