The KPMG UK economic update shows starkly the negative effects of Brexit uncertainty on the UK economy – it has been having a paralysing effect on economic activity and planning.
Just over half of small to medium sized businesses are optimistic about their future especially those based in NSW and Victoria .
So what are some of the areas where tough decisions toned to be made to make such an ambitious target?
Somewhere between one-to-one marketing and mass marketing, there’s a strategy which is slowly being lost.
Our view is not as gloomy as some. While overall KPMG sees the short-term economic outlook remaining mixed, we remain optimistic that growth should start to lift through 2019.
Last week the ASX Corporate Governance Council hit the right mark when issuing its new, fourth set of the Principles which should guide corporate behaviour in Australia.
The Australian economy has slowed dramatically during the final quarter of 2018, with GDP growth of only 0.2 percent q/q, and 2.3 percent y/y
Corporate Australia is responding to challenging times with conduct and trust in the spotlight.
A KPMG report last year found that “trust has declined in almost every major economy and many developing ones”.
For two years, UK politicians have used the standard political toolkit to find a solution to Brexit. That toolkit – the cajoling, horse-trading, arm-twisting and old fashioned brinkmanship – has so far not delivered.