ANZ has concluded its 59-year partnership with KPMG as its auditing firm. The major bank has discontinued KPMG amidst ongoing issues over the firm's auditing standards. This marks a significant change in ANZ's auditing partnerships. The decision comes after a series of audit scandals that have raised doubts about KPMG's trustworthiness. ANZ has not provided specific reasons for the termination but has cited the need for a shift in its audit arrangements to ensure the highest standards of audit quality.