ANALYSIS | Senators will press regulators on corporate misconduct, stronger penalties, private company reporting thresholds, and delays to the credit card ban.
KPMG Australia is set to dominate the spotlight across various committees during Senate estimates this week.
The first and most prominent clashes between senators and bureaucrats will occur during the hearings conducted by the finance and public administration committee, given that the finance committee has just released the Watt Review.
Dr Ian Watt documented KPMG Australia’s various sins already aired publicly, and he concluded that KPMG Australia should not be sent to some consultant’s equivalent of Siberia for past misconduct by audit partners.