They are one of the big four accounting firms. Government agencies and major corporations trust them to audit their books and ensure everything is above board.

So what happens when one of these auditors is accused of a catastrophic failure of integrity?

KPMG will face this question and many others when it fronts a Senate inquiry this week. The explosive claims emerged after a whistleblower brought allegations the firm misused confidential client data to potentially win business with other companies.

Today, senior business reporter Colin Kruger explains why this scandal extends well beyond the big end of town and might affect anyone with an investment or super fund.

They are one of the big four accounting firms. Government agencies and major corporations trust them to audit their books and ensure everything is above board. So what happens when one of these auditors is accused of a catastrophic failure of integrity? KPMG will face this question and many others when it fronts a Senate inquiry this week. The explosive claims emerged after a whistleblower brought allegations the firm misused confidential client data to potentially win business with other companies. Today, senior business reporter Colin Kruger explains why this scandal extends well beyond the big end of town and might affect anyone with an investment or super fund.

The Morning Edition (formerly Please Explain) brings you the story behind the story with the best journalists in Australia. Join host Samantha Selinger-Morris from the newsrooms of The Sydney Morning Herald and The Age, weekdays from 5am.

The Morning Edition (formerly Please Explain) brings you the story behind the story with the best journalists in Australia. Join host Samantha Selinger-Morris from the newsrooms of The Sydney Morning Herald and The Age, weekdays from 5am.

The Morning Edition

New episodes from ongoing Metro podcast series. 

New episodes from ongoing Metro podcast series.&nbsp;

New episodes

The Morning Edition brings you the story behind the story with the best journalists in Australia. Join host Samantha Selinger-Morris from the newsrooms of The Sydney Morning Herald and The Age, weekdays from 5am.

The Morning Edition brings you the story behind the story with the best journalists in Australia. Join host Samantha Selinger-Morris from the newsrooms of The Sydney Morning Herald and The Age, weekdays from 5am.

‘Breaks every rule’: What the KPMG scandal is all about

https://api.omny.fm/orgs/88b564ea-a9a6-4751-910a-a5d800019396/clips/8215ff21-6e3d-4e66-a2cf-b46a006eb07e/transcript

Last week there were a couple of shocking crimes in Sydney. In one, a father and his 15-year-old daughter were forced to flee when a gunman approached them at school pick-up time. In another, assailants in a car filmed themselves as they sprayed bullets from a high-powered firearm into a funeral home.

Today, crime reporter Perry Duffin discusses the gang war in Sydney, and how the underworld is still accessing military-style guns after Port Arthur, and in the wake of the Bondi massacre.

Last week there were a couple of shocking crimes in Sydney. In one, a father and his 15-year-old daughter were forced to flee when a gunman approached them at school pick-up time. In another, assailants in a car filmed themselves as they sprayed bullets from a high-powered firearm into a funeral home. Today, crime reporter Perry Duffin discusses the gang war in Sydney, and how the underworld is still accessing military-style guns after Port Arthur, and in the wake of the Bondi massacre.

How gangsters are still obtaining military-grade guns in Bondi masscre's wake

https://api.omny.fm/orgs/88b564ea-a9a6-4751-910a-a5d800019396/clips/6116df5c-d521-4b76-939f-b46700513dd7/transcript

With the budget backlash era moving on to something like begrudged resignation, or budget fatigue, we’re expecting Treasurer Jim Chalmers to soon make a few announcements around the tax changes.

While this bubbles along, the only story in politics continues to be One Nation.

Inside Politics host Jacqueline Maley and chief political correspondent Paul Sakkal debate whether the media and the near-daily reporting on polls are driving more support or exaggerating Pauline Hanson’s true popularity in Australia.

Outside of this, the hard-right party purportedly raised $1.5 million in a single day via a crowd-funding campaign called Fire the Liar. And the Coalition is squabbling over whether to preference One Nation in the next federal election, which is still two years away.

In the meantime, Labor by way of Foreign Minister Penny Wong says in the face of chaos, the government wants to go back to basics and focus on health, education and all the policies it says the other parties are lacking in.

With the budget backlash era moving on to something like begrudged resignation, or budget fatigue, we&rsquo;re expecting Treasurer Jim Chalmers to soon make a few announcements around the tax changes.
While this bubbles along, the only story in politics continues to be One Nation.
Inside Politics host Jacqueline Maley and chief political correspondent Paul Sakkal debate whether the media and the near-daily reporting on polls are driving more support&nbsp;or exaggerating Pauline Hanson&rsquo;s true popularity in Australia.
Outside of this, the hard-right party purportedly raised $1.5 million in a single day via a crowd-funding campaign called Fire the Liar. And the Coalition is squabbling over whether to preference One Nation in the next federal election, which is still two years away.
In the meantime, Labor by way of Foreign Minister Penny Wong says in the face of chaos, the government wants to go back to basics and focus on health, education and all the policies it says the other parties are lacking in.

Polls, the media and what's really driving One Nation’s support

https://api.omny.fm/orgs/88b564ea-a9a6-4751-910a-a5d800019396/clips/8c89c7d5-a43c-4b75-b497-b466004d3ab5/transcript

Chinese leader Xi Jinping's visit to North Korea this week has put the world on notice that Kim Jong-Un's nuclear program, and ambitions, are stronger than ever. But has Donald Trump taken note?

Today, international and political editor Peter Hartcher on how North Korea has gone from global pariah to earning the respect of some of the world’s great capitals.

 

Background reading
The Chinese president has arrived in North Korea. The world is watching
Xi Jinping is feted in Pyongyang as Kim Jong-un swivels to Moscow

Chinese leader Xi Jinping's visit to North Korea this week has put the world on notice that Kim Jong-Un's nuclear program, and ambitions, are stronger than ever. But has Donald Trump taken note?
Today, international and political editor Peter Hartcher on how North Korea has gone from global pariah to earning the respect of some of the world&rsquo;s great capitals.
&nbsp;
Background reading
<ul>
<li><a href="https://www.smh.com.au/national/the-chinese-president-has-arrived-in-north-korea-the-world-is-watching-20260608-p604wc.html">The Chinese president has arrived in North Korea. The world is watching</a></li>
<li><a href="https://www.smh.com.au/world/asia/xi-jinping-is-feted-in-pyongyang-as-kim-jong-un-swivels-to-moscow-20260608-p604tb.html">Xi Jinping is feted in Pyongyang as Kim Jong-un swivels to Moscow</a></li>
</ul>

North Korea just made China back down. Is Trump taking note?

https://api.omny.fm/orgs/88b564ea-a9a6-4751-910a-a5d800019396/clips/dc795f98-7882-4b3f-9053-b465006cda6f/transcript

‘Breaks every rule’: What the KPMG scandal is all about

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