Dr Brendan Rynne, KPMG Chief Economist, responds to RBA economic forecast Following detailed analysis of the Victoria stage 4 lockdown, KPMG has reviewed its central case scenario for the outlook…
The figures may err slightly on the pessimistic side – while everything depends on the health outcomes, the Australian economy does have a natural resilience, which we saw with 330,000 jobs being created between the low of early April and the end of the June quarter.
For years, KPMG has been advocating a rise in the level of Newstart, and the new JobSeeker level is still a healthy rise on that, which is socially and economically justified.
It is no surprise 40 percent of Australian’s consider themselves financially constrained due to the impact of the pandemic, with ramifications in consumer spending habits for the foreseeable future.
While these are a “beautiful set of numbers” we already know this rebound in employment is not likely to last into July because of the re-imposition of lockdown restrictions in Melbourne
To be best prepared to take advantage of marketing or media mix analytics technology, marketers first need to ensure they are capturing and tagging all data appropriately and accurately.
Phew! After over 10 weeks of twiddling our thumbs and watching classic matches from the 90s to quench our thirst for sport, finally our favourite codes are starting to reappear from the shadows.
