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KPMG Australia to Fire Hundreds of Workers as Crisis Deepens
Aug 24 2026 // Scandal-plagued KPMG Australia is cutting almost 400 jobs as it grapples with the fallout from allegations it misused confidential client information to win business and as demand for consulting services slows. The...
Australia’s Steadfast Agrees to $5.51B Buyout Bid by KKR-Backed Consortium
Aug 21 2026 // Australia’s Steadfast Group has agreed to a A$7.7 billion ($5.52 billion) buyout by a consortium backed by U.S. investment giant KKR, the insurance broker said on Friday. Under the deal, specialty insurance...
Australia Sets ‘World-Leading’ Minimum Pay, Insurance Rules for Gig Delivery Workers
Aug 13 2026 // Australia’s industrial umpire has approved new minimum standards requiring food and grocery delivery workers to be paid hourly rates above the national minimum wage and covered by injury insurance while on the...
Ignite Specialty Risk Launches Australian Operations, Led by Stormont-Sainsbury
Aug 7 2026 // Ignite Specialty Risk, the London-based managing general agent, has launched operations in Sydney, Australia, led by Lucinda Stormont-Sainsbury. “Australia is an important strategic market for Ignite and establishing...
Australia’s Origin Energy Says About 900,000 Customers’ Data Accessed in Breach
Jul 28 2026 // About 900,000 current and former Origin Energy Ltd. customers had their data accessed in a security breach, the latest in a string of cyberattacks on major Australian companies and essential-service providers. It began...
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