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.
The expected growth in Western Sydney as it applies Smart City technologies, develops the stock of quality higher density living and digital connectivity will stimulate knowledge employment and new opportunities for business.
The New Year is fast receding but the events of 2017 are not so easily put behind us. The “#metoo” movement and the renewed push to stamp out sexual harassment and unacceptable behaviour in the workplace is continuing to gain momentum.