Business & Economy

Dr Brendan Rynne, KPMG Chief Economist, comments on the March quarter GDP figures

The statistics show that, as hoped for by the Government, the drivers of the economic growth are shifting away from  COVID-19 related government support spending to additional expenditure by businesses and households.

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Dr Brendan Rynne, KPMG Chief Economist, comments on RBA rate decision

As anticipated, the Reserve Bank of Australia board today left the cash rate unchanged at 0.1 percent, despite increasing noise about an impending uptick in inflation and wages. KPMG believes…

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Transition planning, leadership diversity, entrepreneurship keys to family business future

There is more to transition in a family business than deciding what date the leader will step down and deciding who will take over

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Dr Brendan Rynne, Chief Economist, comments on today’s ABS employment data

KPMG expects the consequences of JobKeeper and other support packages ending will play out fully over the next few months.

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A Budget supporting economic growth, which small and medium-sized enterprises will welcome.

There are two main stimulus measures, which have been extended for another 12 months, which is quite a surprise but a very pleasant one.

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Spending in right areas as Budget negotiates balancing act

As the economy rebounds from the setbacks of 2020, the government has had to navigate a path with an eye to both immediate needs and the longer term.

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Economy bounces back but private investment shortfall looms

The Australian economy has bounced back from the COVID-induced economic downturn faster and stronger than all expectations.

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KPMG Chief Economist, Dr Brendan Rynne comments on today’s employment figures

While KPMG anticipate job losses will occur as a consequence of the wage subsidy programme ending, we are not expecting to see job figures ‘falling off a cliff’ next month either.

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KPMG migration report proposes visa concessions to boost regional Australia

Addressing shortages in the domestic workforce caused by closed international borders remains a top priority for businesses in 2021

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Caught unawares by a supply chain glitch? Business continuity is more than a plan on a page

For a week, the world watched the Ever Given container ship, carrying 18,300 containers wedged in the Suez Canal. On Monday, it was freed, although the ripple effect will flow throughout the supply chain for some time.

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No ‘return to normal’ until 2022, if ever, KPMG global CEO survey finds

Almost half of CEOs do not believe there will be a return to pre-COVID business operations until 2022

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Dr Brendan Rynne, KPMG Chief Economist, comments on ending of the JobKeeper program

KPMG anticipates the ending of the JobKeeper program will add to the pressure of those marginal workers and businesses that are still struggling in this coronavirus-impacted economy.

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Family Businesses leveraged their ‘patience capital’ during COVID-19 and now ready to lead the recovery

Family business with their long-term mindset and resilient family members places them in a key role to lead Australia’s economic recovery.

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