As the economy rebounds from the setbacks of 2020, the government has had to navigate a path with an eye to both immediate needs and the longer term.
The prospects of a historic and wide-ranging global tax agreement in the middle of this year has been significantly enhanced by the position adopted by the Biden administration.
Moving away from the old ‘primary carer/secondary carer’ model of Paid Parental Leave (PPL) and to a system based on gender equity principles should be an aim of policymakers, moving forward.
The 2020-21 Victorian Budget sees the government investing further in lifting the economy out of recession.
There are some sobering figures here, but there is also much to be positive about.
The OECD has released important information on its work to find international consensus on how to deal with the tax challenges of the digitalisation of the economy.1
At a deeper level we face a paradox, that a crisis situation needs fundamental reform but it is also a difficult environment to achieve that reform in.
Australia needs a rebound in economic activity, and productivity gains to bring us out of the recession and a major impediment to driving our economy is unequal gender workforce participation.
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…