Dr Brendan Rynne

Dr Brendan Rynne

Chief Economist, KPMG Australia

Articles by Dr Brendan Rynne

Business & Economy

Economy bounces back but private investment shortfall looms

The Australian economy has bounced back from the COVID-induced economic downturn faster and stronger than all expectations.

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Business & Economy

KPMG Chief Economist, Dr Brendan Rynne comments on today’s employment figures

While KPMG anticipate job losses will occur as a consequence of the wage subsidy programme ending, we are not expecting to see job figures ‘falling off a cliff’ next month either.

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Business & Economy

Dr Brendan Rynne, KPMG Chief Economist, comments on ending of the JobKeeper program

KPMG anticipates the ending of the JobKeeper program will add to the pressure of those marginal workers and businesses that are still struggling in this coronavirus-impacted economy.

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Business & Economy

Faster global rollout of COVID -19 vaccine a $17bn boost to Australia

KPMG forecasts a global rise of 4.4 percent in GDP this year. But there is a big caveat. So much is dependent on the speed and success of international vaccine distribution.

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Business & Economy

KPMG Chief Economist, Dr Brendan Rynne, comments on today’s ABS data on unemployment and population

Overall, we believe the unemployment rate will stay around its new level for the next few months as the economy consolidates and handles the transition out of high levels of government support to the business sector.

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Business & Economy

Dr Brendan Rynne, KPMG Chief Economist, responds to RBA cash rate announcement – is the bond market right or is the RBA?

Even with the current surge in house prices, the RBA has not changed the cash rate today – no surprise, given it has been signalling rates could stay at historically low levels until 2024.

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Business & Economy

Dr Brendan Rynne, KPMG Chief Economist’s forecasts for Q4 and the remainder of 2021 

Given last week’s stronger than expected capital expenditure figures, we are upgrading our forecasts for this week’s Q4 GDP figure to 2.3 percent.

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Business & Economy

Dr Brendan Rynne, KPMG Chief Economist comments on the ABS payroll data

The ABS data shows the Australian labour market, and hence the Australian economy, took a slight pause in its recovery during January in response to the additional lockdown procedures implemented over Christmas.

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Business & Economy

Dr Brendan Rynne, KPMG Chief Economist, comments on today’s RBA announcement

As expected, the RBA kept its settings unchanged, and we do not anticipate any movement in the near future.

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