Australian economy pick-up follows in global slipstream
KPMG Economics in its final Quarterly Economic Outlook of the year has revised its forecasts for the global economy to 3.5 percent growth for 2017 and rising to 3.7 percent in 2018.
KPMG Economics in its final Quarterly Economic Outlook of the year has revised its forecasts for the global economy to 3.5 percent growth for 2017 and rising to 3.7 percent in 2018.
On balance of risks KPMG Economics maintains its forecast of global growth for 2017 with real GDP at 3.0 percent lifting to 3.4 percent in 2018.
Has Australia’s economy started to turn the corner? There is increasingly positive news.
Put simply, we are simply not responding to our changed circumstances. Our first reading of MYEFO suggests for the period FY17 to FY20 government receipts are expected to be about…
by Brendan Rynne, Partner, Chief Economist. The September quarter 2016 GDP results confirmed what was expected, which is an economy that’s in reverse in real terms. Unfortunately, the key cause…
A wide and diverse Senate crossbench, a razor-thin majority in the House of Representatives, the odd rogue MP — it’s a daunting task getting anything through today’s parliament, let alone…
On innovation, Paul Van Bergen, KPMG R&D Incentives Tax Partner said: The Budget contained some welcome news for innovative Australian companies.
Yesterday we released the ‘Solving the Structural Deficit’ report which is our contribution to the public conversation about creating a strong and sustainable Australia. It’s not just for now,…
Australia is in its eighth year of substantial and unsustainable fiscal deficit. To be sure, this is partly due to the GFC and governments’ additional spending in response to this.…
Who needs tax reform when you have the Gregorian Calendar? Says KPMG Chief Economist Brendan Rynne.