Business & Economy

KPMG responds to government’s wage subsidy package

To me, really big measures are needed and this JobKeeper policy meets that need.

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Dr Brendan Rynne, KPMG Chief Economist, responds to second Federal Government stimulus package

The government’s main focus at the moment appears to be to strengthen the safety net designed to help individuals and families impacted by COVID-1.

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RBA adopts ‘whatever it takes’ approach to Quantitative Easing

The RBA was obliged to cut rates to 0.25%. It is right that monetary policy should be working in a co-ordinated manner with the government’s fiscal stimulus packages.

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Unflinching capital planning today the key to post-pandemic success

The overriding priority for most boards right now is hanging in there. But focusing on today at the expense of tomorrow is a bad approach to long-term survival.

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RBA at the monetary policy crossroads

The RBA will and should cut rates to 0.25 percent.

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Coronavirus: Stimulus package to arrest recession fears

KPMG modelling in a report published today estimates Australian GDP would be at least 0.9 percent lower in 2020 because of the COVID-19 pandemic.

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KPMG Chief Economist Brendan Rynne responds to government economic stimulus package

Experience has taught us that fiscal stimulus measures need to be targeted, timely and temporary, and these form three of the Federal Government’s seven principles.

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Dr Brendan Rynne, Chief Economist responds to global and local market volatility

Despite the volatility on global and local markets, the COVID-19 pandemic is not like the GFC. It’s in fact very different and so are its effects.

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The Real Challenges of 2020

Australia’s good fortune is substantial: we have had nearly three decades of uninterrupted economic growth, and our major cities are some of the most liveable in the world.

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Dr Brendan Rynne, KPMG Chief Economist, responds to today’s GDP figures for Q4, 2019

As widely anticipated the GDP growth figure release today was 0.5 percent – it is modest but will begin to look impressive by the time we see the Q1 2020 figures.

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Dr Brendan Rynne, KPMG Chief Economist, responds to the March 2020 rate decision

Last month it was a 50-50 call on whether the RBA would reduce the cash rate. This month it was a lot clearer – rates were rightly cut by 0.25 percent today and there will probably be another 0.25 percent cut next month.  

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Managing the growth in workforce diversity through inclusive leadership

The companies that succeed in this decade and beyond will largely be those that foster and effectively manage diversity .

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A quirk in the Gregorian calendar: a boon for the Australian economy

2020 is a Leap Year and the extra day’s GDP will add around $5.2 billion to the economy for this year’s national accounts.

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