Key facts
- KPMG's ban on federal contracts is extended until February 28, 2027.
- The firm earned 9.5% of its total revenue from Commonwealth work in 2025-26.
- An independent review by Ian Watt found KPMG needed to demonstrate sustained cultural reforms.
The Australian government has extended a ban on KPMG bidding for new federal contracts until February 28, 2027. The decision follows an independent review by Ian Watt that concluded the firm needed to prove it had meaningfully reformed after allegations of misusing confidential client information to win work.