Dr Brendan Rynne

Dr Brendan Rynne

Partner, Chief Economist

Articles by Dr Brendan Rynne

Business & Economy

Dr Brendan Rynne, KPMG Chief Economist, comments on the ABS June quarter national accounts

The latest GDP results shows the national economy screeched to halt in the June quarter of 2020, declining 7 percent from the previous quarter, to be down 0.2 percent year on year.

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Business & Economy

Student intake could fill the skilled migration COVID gap

Among the myriad reasons to hope for a vaccine for COVID-19 is that an ongoing shortfall in skilled immigration will significantly damage Australia’s medium-term economic fortunes.

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Business & Economy

KPMG responds to JobKeeper 2.0 and the RBA economic forecast

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…

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Business & Economy

Dr Brendan Rynne, KPMG Chief Economist, assesses the impact of Victoria’s stage 4 measures  

Yesterday’s announcement of a stage 4 lockdown in my home state of Victoria took us yet further into new territory.

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Business & Economy

Dr Brendan Rynne, KPMG Chief Economist, responds to the Treasurer’s statement

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.

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Business & Economy

KPMG welcomes JobKeeper and JobSeeker announcement

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.

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Business & Economy

Dr Brendan Rynne, Chief Economist comments on the latest ABS Labour force data

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

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Business & Economy

Dr Brendan Rynne, KPMG Chief Economist, comments on the ABS labour force survey

The ABS figures show the labour market deteriorated through May, consistent with expectations that the Australian economy was in the midst of a sharp contraction due to the coronavirus shutdown.

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Business & Economy

Dr Brendan Rynne, KPMG Chief Economist, responds to March quarter accounts

The March figures are better than we had expected, and although for the June quarter we expect an 8 percent fall in GDP – given the wholesale shutdown in the economy – we are more optimistic than some for the overall 2020 forecast.

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