ANZ has concluded its 59-year partnership with KPMG as its auditor. The major bank has discontinued KPMG amidst ongoing issues over the firm's auditing standards. This marks a significant shift in ANZ's audit arrangements. 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 change but has cited the need for a change in its audit arrangements to ensure the highest standards of auditing quality.