Macquarie Group (MQG.AX) hits 1-month high after directors cleared in KPMG audit tender
Shares of Macquarie Group rose as much as 1.6% to A$251.990, their highest level since September 7. The company stated a review of its 2025 audit tender found no breach of duties, policies or tender rules by directors Michelle Hinchliffe and Susan Lloyd-Hurwitz, though the review raised questions over KPMG Australia's use of Macquarie's confidential information.
990, their highest level since September 7. The stock posted its biggest intraday percentage gain since Sept 28. Australia's top investment bank said a review of its 2025 audit tender found no breach of duties, policies or tender rules by directors Michelle Hinchliffe and Susan Lloyd-Hurwitz. The review nevertheless raised further questions over KPMG Australia's use of Macquarie's confidential information beyond agreed audit tender protocols.
6% year to date, including the session's move.