Amid resignations, recriminations and the potential loss of clients at KPMG, attention has turned to what former premier and board member Mike Baird knew.

KPMG faces the first loss of a major corporate client with Lendlease triggering a process to end a relationship dating back to the 1950s

The Australian Securities and Investments Commission launched a formal investigation into KPMG Australia this week, targeting three registered company auditors following whistleblower allegations of confidential data misuse.