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