Brendan Rynne

Brendan Rynne

Partner, Chief Economist

Articles by Brendan Rynne

Business & Economy

Dr Brendan Rynne, KPMG Chief Economist, comments on RBA decision and other economic data

The RBA was right to keep rates on hold at 1 percent today and leave any further cuts till later in the year.

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Business & Economy

Economic prospects brighten, while world interest rates tumble

We forecast domestic annual GDP growth will rise to 1.9 percent in the second half of 2019 after bottoming out at 1.4 percent growth for the year ended 30 June 201

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Business & Economy

Raising Newstart – an economic and social winner

The key here is that Newstart recipients are amongst the poorest people in society – so they spend, rather than save, almost all they receive, putting money back into the economy.

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Tax

KPMG responds to tax cuts

The immediate tax relief of stage one will put money in the hands of those who will spend.

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Business & Economy

Brendan Rynne, KPMG Chief Economist, comments on latest RBA rate cut.

By cutting rates, the RBA is sending a signal to the market, to politicians and to the community at large, that the Australian economy is not firing on all cylinders

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Business & Economy

KPMG responds to GDP figures. Rate cuts could have been more aggressive

The sluggish GDP figures, particularly the weakness in household consumption, shows the RBA would have been justified in cutting cash rates faster.

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Business & Economy

Does it really matter if the RBA cuts rates tomorrow or not?

It seems inevitable the Reserve Bank of Australia will drop the cash rate in its meeting next week, and possibly again later in the year.

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Business & Economy

RBA holds interest rates and its in our best interest

So, the Reserve Bank of Australia resisted growing calls to cut interest rates yesterday. They were right to do so.

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Business & Economy

Budget measures reliant on Australia lifting its productivity fortunes

The economic forecasts for real GDP and real wages contained with the Budget – especially in the out years – seem reliant on Australia lifting its relatively lax productivity performance. 

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