ANZ has terminated its 59-year partnership with KPMG as its auditor. The major bank has discontinued 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 leaks 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 auditing standards to ensure the highest levels of audit quality.