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