Ernst & Young has dismissed a further graduate employee in Australia following allegations that the individual accessed the personal banking records of Prime Minister Anthony Albanese.

The termination marks the latest development in a growing data-security controversy for the professional services giant's Australian operations.

The new dismissal follows the earlier sacking of two other graduate employees, including Paul Issa, who were also accused of improperly accessing the Prime Minister's financial data.

According to reports from Cityam, the firm has referred the matter to authorities for potential criminal charges.

The incident highlights significant reputational and operational risks for EY, which has faced intense scrutiny over its handling of sensitive client and public figure data.

The firm's internal controls are now under examination as regulators and clients assess the scope of the breach.