KPMG Australia

What KPMG Australia does

KPMG Australia is a member firm of the global KPMG network and one of Australia's Big Four professional services firms, providing audit and assurance, tax advisory, and consulting services to enterprise clients across financial services, government and public sector, energy and natural resources, and corporate sectors. The firm reported FY2024-25 revenue of AUD 2.315 billion, employs approximately 8,967 staff across Sydney (headquarters), Melbourne, Brisbane, Perth, Adelaide, and Canberra, and generates revenue through negotiated project-based professional services fees with multi-year engagements, partner-led client development, and participation in government procurement processes (AUD 653 million across 297 federal contracts currently under review).

The firm has built a portfolio of proprietary technology platforms layered with strategic hyperscaler alliances: KPMG Clara (smart audit platform with MindBridge AI for anomaly detection), KPMG Velocity (AI-enabled business transformation built on ServiceNow), KPMG Workbench (multi-agent AI platform), KPMG Digital Gateway for Tax (powered by Anthropic's Claude), and the KPMG Trusted AI Framework and AI Trust Services (enabled by ServiceNow). These sit alongside the Powered Enterprise and Powered Procurement methodologies and a global alliance stack with Microsoft, ServiceNow, SAP, Oracle, Workday, Salesforce, Google Cloud, IBM Quantum, and Anthropic, positioning the firm as a systems-integrator-plus-AI-governance provider for enterprise clients.

KPMG Australia has executed a programmatic technology M&A strategy with three consecutive bolt-on acquisitions — Rubicon Red (March 2022, intelligent automation), Think180 (February 2023, SAP), and Chartertech (November 2024, IBM TM1) — to extend platform capabilities. However, the firm is concurrently navigating a material governance crisis in 2026: CEO Andrew Yates, Head of Audit Julian McPherson, COO Eileen Hoggett, Chairman Martin Sheppard, and audit partners Paul Rogers and Eileen Hoggett have departed amid ASIC investigations, a parliamentary inquiry, and a National Anti-Corruption Commission referral over alleged misuse of confidential client information from Lendlease and Optus to win audit work at Westpac and Dexus, prompting a voluntary suspension of new federal government bidding through September 2026 and an AUD 80 million cost-cutting program including offshore outsourcing of executive assistant roles to the Philippines.

Name

KPMG Australia

Legal name

KPMG Australia

Website

https://kpmg.com

Company type

Private

Founded year

1987

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

KPMG Australia is a Big Four professional services firm providing audit, tax, and advisory services to enterprise and government clients, operating proprietary AI platforms including Clara, Velocity, and Workbench while navigating a significant 2026 governance and reputational crisis.

Ownership category

akta.pro rank

Product category

Professional Services - Accounting, Tax, and Advisory

NAICS

Offices of Certified Public Accountants (541211), Accounting, Tax Preparation, Bookkeeping, and Payroll Services (5412), Computer Systems Design Services (541512), Software Publishers (51321)

SIC

Services-Management Services (8741), Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Audit & Assurance Services (BPAHABAA)

akta.pro secondary industries

Model Governance, Approval Workflows & Auditability (HDAAABAJ), Enterprise AI Governance, Risk & Compliance Platforms (Model Risk, Audit, Policies) (HDAEANAE), Revenue Intelligence, Analytics & Risk Management (BPAIADAL)

Keywords

• Audit and assurance
• Tax advisory services
• Management consulting
• Risk consulting
• ESG advisory

Headquarters

HQ city

Sydney

HQ country

Australia

HQ region

Oceania

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Audit and Assurance: Statutory and external audit services for corporate and government clients, forming a core revenue stream with recurring engagement patterns tied to financial reporting cycles.
2. Tax Advisory: Corporate and personal tax advisory, compliance, and planning services.
3. Consulting and Advisory: Management consulting, technology advisory, risk consulting, and transformation services for enterprise clients.
4. Revenue FY 2024-25: KPMG Australia generated AUD 2.315 billion in FY 2024-25, representing a 4% revenue decline, with equity partners receiving 10.3% pay increase averaging past $715,000.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

KPMG Australia provides audit, tax, and advisory professional services to enterprise corporations, financial institutions, and government agencies in Australia. The firm delivers statutory and external audit, corporate and personal tax advisory, management consulting, technology advisory, risk consulting, ESG services, and digital transformation engagements. Service delivery is enabled by proprietary AI platforms including KPMG Clara (smart audit), KPMG Velocity (business transformation), KPMG Workbench (multi-agent AI), and KPMG Digital Gateway (Generative AI for tax compliance), supported by strategic alliances with Microsoft, ServiceNow, SAP, Oracle, Workday, and Anthropic.

Product overview

KPMG Australia operates as part of the global KPMG organization providing professional services through an integrated portfolio of technology platforms and service offerings. The core product portfolio centers on KPMG Clara (AI-powered smart audit platform), KPMG Velocity (AI-enabled business transformation platform built on ServiceNow), KPMG Workbench (multi-agent AI platform), and KPMG Digital Gateway (Generative AI for tax and compliance). These platforms are supported by the KPMG Trusted AI Framework (governance framework), KPMG AI Trust Services (AI governance offerings), and KPMG Global Business Services. KPMG delivers services through proprietary methodologies including Powered Enterprise and Powered Procurement, enhanced by strategic alliances with Microsoft (Copilot, Agent 365, Azure AI), ServiceNow (operations automation), Anthropic (Claude for Digital Gateway), MindBridge (audit AI), IBM Quantum Network, Oracle, SAP, Salesforce, and Workday. The portfolio represents a platform-plus-methodology approach combining proprietary technology, AI capabilities, and global alliance partnerships to serve enterprise clients across audit, tax, advisory, and consulting.

Differentiator

Problem solved

Functional benefit

Products and services

• KPMG Clara KPMG's global smart audit platform with AI integration for digital audit delivery. Uses MindBridge AI for enhanced anomaly detection and audit analytics, providing real-time audit evidence and continuous monitoring capabilities. Targets enterprise and financial services clients requiring statutory and external audit services.
• KPMG Workbench Multi-agent AI platform transforming client delivery and ways of working across the global organization. Enables autonomous AI agent workflows for professional services automation and complex task execution. Serves enterprise clients across audit, tax, and advisory engagements.
• KPMG Velocity AI-enabled business transformation platform for enterprise operations modernization. Built on ServiceNow, provides agentic AI capabilities for finance, supply chain, and procurement operations transformation. Targets enterprise clients undergoing large-scale digital transformation.
• KPMG Digital Gateway Enterprise platform with Generative AI capabilities for tax function automation and regulatory compliance. Uses Claude AI (Anthropic) to identify regulatory obligations and generate compliance documentation. Powers KPMG's tax technology offerings globally for enterprise tax departments.
• KPMG AI Trust Services AI governance and trust services enabled by ServiceNow, helping organizations transform AI governance, manage AI risk, and ensure compliance with AI regulations and ethical standards. Targeted at enterprises deploying AI at scale.
• KPMG Global Business Services Enterprise-wide business services powered by KPMG Velocity and ServiceNow, delivering agentic AI for operations transformation across finance, supply chain, procurement, and corporate functions. Serves large enterprises seeking to modernize their shared services and back-office operations.
• Audit and Assurance Services Statutory and external audit services for corporate and government clients, forming a core revenue stream with recurring engagement patterns tied to financial reporting cycles. Includes internal audit, regulatory compliance, and ESG assurance.
• Tax Advisory Services Corporate and personal tax advisory, compliance, and planning services for enterprise clients across all industries. Supported by KPMG Digital Gateway Generative AI platform.
• Consulting and Advisory Services Management consulting, technology advisory, risk consulting, and transformation services for enterprise clients. Includes strategy, operations, finance transformation, and digital transformation engagements.
• Powered Enterprise KPMG's enterprise transformation methodology combining sector-specific value models with preconfigured technology components. Used for large-scale Oracle and SAP implementations with established best practices and change management frameworks.

Named customers7 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration10 records

AI capability9 records

Feature6 records

Partnerships

16 partnerships are on record, tiered strategic, core, major and client-partner.

• AnthropicstrategicTechnology or Integration · 1 May 2026KPMG and Anthropic signed global alliance and launched Digital Gateway Powered by Claude for enterprise AI solutions.
• MicrosoftcoreTechnology or Integration · 1 July 2023Landmark multi-year cloud and AI alliance announced in July 2023 to put AI at the forefront of professional services. Partnership focuses on supercharging employee experience and accelerating innovation for clients across Audit, Tax and Advisory. Includes collaboration on ESG digital solutions built on Microsoft Cloud for Sustainability.
• MicrosoftcoreStrategic or Co-development Partner · 1 July 2023Joint development of ESG Academy in collaboration with Microsoft and leading universities to empower and educate business leaders on sustainability.
• MindBridgestrategicTechnology or Integration · 1 April 2023Strategic alliance to power KPMG audits with AI technology, enhancing KPMG Clara digital audit platform.
• SAPcoreTechnology or IntegrationKPMG is an SAP Global Strategic Service Partner, co-innovating to drive measurable client value. KPMG has strengthened collaboration with SAP and offers expertise in S/4HANA migrations, SAP implementations, and SAP Asset/Work/Project solutions through acquisitions like Think180.
• OraclecoreTechnology or IntegrationGlobal alliance partnership for Oracle Fusion Cloud ERP implementations. KPMG recognized as a Leader in Forrester Wave for Oracle Services and a Leader in IDC MarketScape for Oracle Supply Chain Ecosystem Services.
• ServiceNowcoreTechnology or IntegrationExpanded alliance to reimagine finance, supply chain, and procurement operations with joint investment in AI, low-code capabilities, and deep industry expertise. KPMG named 2026 ServiceNow Worldwide Core Business Partner of the Year and 2025 ServiceNow Worldwide Transformation Partner of the Year.
• SalesforcemajorTechnology or IntegrationGlobal alliances and ecosystem partnership for customer relationship management and cloud solutions.
• WorkdaymajorTechnology or IntegrationGlobal alliance partnership for Workday HCM and Financial Management implementations. KPMG recognized as Horizon 3 Market Leader in HFS Horizons Report for Workday Services.
• Google CloudmajorTechnology or IntegrationNamed 2025 Google Cloud Partner of the Year for Global Industry Solutions: Breakthrough, collaborating on cloud and AI solutions.
• IBMstrategicTechnology or IntegrationKPMG joined IBM Quantum Network to deepen thought leadership in quantum computing and explore applications for complex business challenges. Chartertech acquisition brings IBM TM1 Planning Analytics integration capabilities.
• UNESCOmajorStrategic or Co-development PartnerCollaboration on ESG and sustainability initiatives as part of KPMG's global ESG strategy.
• INSEADmajorStrategic or Co-development PartnerLaunch of global AI Board Governance Principles as AI reshapes board oversight, developed jointly with INSEAD.
• University of Cambridge Judge Business SchoolmajorStrategic or Co-development PartnerESG skills development partnership building a learning framework and solutions across KPMG global organization.
• NYU Stern School of BusinessmajorStrategic or Co-development PartnerExecutive education collaboration for co-creation of sustainability programs for KPMG.
• John Hollandclient-partnerImplementation/ SI/ Consulting PartnerKPMG Australia supporting John Holland's procurement modernization using Ivalua's Source-to-Pay platform with KPMG's Powered Procurement methodology.

Scale indicators6 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Accenture Australia: Accenture Australia is a global consulting and technology services firm with deep enterprise transformation capabilities, including AI, cloud, and ERP implementation work that overlaps with KPMG Australia's consulting and digital transformation practices. It is not a direct competitor in audit or tax, but competes strongly for the same enterprise transformation wallet.
• IBM Consulting Australia: IBM Consulting Australia delivers technology and ERP transformation services including SAP, Oracle, and AI platforms, overlapping with KPMG Australia's technology advisory and Powered Enterprise practices. It is a relevant peer for the systems integration and large-scale transformation work where KPMG competes.
• McKinsey & Company (Australia): McKinsey's Australian offices provide management consulting and digital transformation advisory to enterprise and government clients, competing directly with KPMG Australia's Consulting and Advisory practice for high-end strategy and transformation mandates.

Direct peers

• BDO Australia: BDO Australia is a mid-tier accounting and advisory network with significant Australian headcount, providing audit, tax, and consulting services to mid-market and some large-cap clients. It is a relevant peer for the audit and advisory practices where Big Four alternatives are not engaged.
• RSM Australia: RSM Australia is a mid-tier audit, tax, and consulting firm focused on mid-market clients. It competes with KPMG Australia in the same audit and advisory market segments, particularly for clients seeking a non-Big Four auditor.
• EY Australia (Ernst & Young): EY Australia is a Big Four firm providing assurance, tax, consulting, and strategy services. It is a direct competitor for large-cap audit work, ERP transformations, and government advisory engagements in Australia, and shares KPMG's platform-led, AI-enabled delivery model.
• Grant Thornton Australia: Grant Thornton Australia is a mid-tier accounting and business advisory firm providing audit, tax, and advisory services. It competes with KPMG Australia particularly for mid-market and listed-entity audit and advisory mandates where clients seek alternatives to Big Four pricing.
• Pitcher Partners: Pitcher Partners is a major mid-tier Australian accounting and advisory network providing audit, tax, and consulting services. It is a comparable peer in the Australian audit market, particularly for privately held and mid-cap clients that may switch away from Big Four following the KPMG scandal.
• PwC Australia: PwC Australia is a Big Four firm offering audit, tax, legal, and advisory services in Australia. It competes head-to-head with KPMG Australia for major corporate audit mandates and government advisory work, and has itself undergone significant scandal-driven restructuring in recent years.
• Deloitte Australia: Deloitte Australia is another Big Four member firm operating in Australia, providing audit, tax, consulting, and advisory services with a similar mix of enterprise and government clients, partner-led delivery, and technology-enabled service platforms. It is KPMG Australia's closest direct competitor across all major service lines in the Australian market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/kpmgindia
• Facebookfacebook.com/KPMGIndia
• LinkedInlinkedin.com/company/kpmg-australia

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A5 records

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about KPMG Australia