Data released by the Australian Bureau of Statistics (ABS) reveals wage growth is still persistently weak, while unemployment is trending down in most jurisdictions.
Australia is in the midst of a productivity growth malaise, but an often unspoken outlier, improving mental health, could be the microeconomic reform of the 21st century.
Governments and businesses around the world have expressed alarm at the possibility of a trade war developing from the planned US tariffs on steel and aluminium
KPMG Economics’ global macroeconomic modelling suggests Australian GDP will be permanently reduced by 0.3 percent in the medium term as a direct consequence of the U.S. tax reforms. This equates to A$5bn and 25,000 jobs lost.
What Australia produces, and how much we produce it for, are both factors in how successful we will be as a country in the global marketplace.
Economic modelling of the National Energy Guarantee: will it ensure reliability and deliver the savings?
The National Energy Guarantee should help put downward pressure on electricity prices. Chief economist Brendan Rynne has ‘crunched’ the numbers.
Ten years on from the GFC it is instructive to look back at the key signs preceding the crisis and ask, a decade on, whether we are now clear from those problems?
KPMG Economics’ latest report finds Sydney house prices will experience a greater adjustment than Melbourne in the coming years, although neither market will suffer a collapse in value.
Financial stress in Australian households: the poorest households taking the greatest investment risks
With so much talk about negative gearing and household debts, KPMG Economics thought it worth researching the facts on financial risk
Has Australia’s economy started to turn the corner? There is increasingly positive news.