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 auditing standards. 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 reliability. ANZ has not provided specific details for the termination but has cited the need for a change in its audit arrangements to ensure the highest levels of audit quality.