Dr Brendan Rynne

Dr Brendan Rynne

Partner, Chief Economist

Articles by Dr Brendan Rynne

Business & Economy

Put simply, there are no winners in trade wars

Last Friday, Australian time, the US placed another US$16bn worth of tariffs on imported goods from China. The real possibility of tariffs on a further US$200bn of Chinese imported goods into the US remains a far more significant risk to global economic conditions.

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Business & Economy

Wage growth remains weak, with unemployment trending down

Data released by the Australian Bureau of Statistics (ABS) reveals wage growth is still persistently weak, while unemployment is trending down in most jurisdictions.

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Business & Economy

Global growth shines through the trade war clouds

The threat of a trade war is still very real. But life goes on, and the global economy is still pushing ahead.

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Business & Economy

Markets spooked by trade war spectre

Unless you are a speculator, uncertainty is not a friend to financial markets. Volatility in prices and returns keep investors on the sidelines, dampening economic activity and slowing growth in the process.

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Business & Economy

Regardless of the threat of a trade war the global economy is still pushing strongly ahead

While the threat of a trade war lurks darkly in the corner, the good news is that, regardless, the global economy is still pushing strongly ahead.

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Business & Economy

KPMG Economics report shows tariff retaliation would damage global growth

Governments and businesses around the world have expressed alarm at the possibility of a trade war developing from the planned US tariffs on steel and aluminium.

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Business & Economy

Trump tax cuts pose serious questions for Australian economy

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.

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Business & Economy

Australian economy pick-up follows in global slipstream

KPMG Economics in its final Quarterly Economic Outlook of the year has revised its forecasts for the global economy to 3.5 percent growth for 2017 and rising to 3.7 percent in 2018.

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Business & Economy

Australia’s cost competitiveness is fixable but needs a strong reform agenda

What Australia produces, and how much we produce it for, are both factors in how successful we will be as a country in the global marketplace.

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