Two-thirds of Australian businesses operating in China plan to increase their investments in China, even while navigating a raft of shifting market challenges.
KPMG Major Australian Banks Full Year Analysis 2017-18
KPMG Australia has announced its largest intake of 78 new partners, up from 62 in 2017.
KPMG is concerned the Budget announcements surrounding the removal of default insurance in super for people under the age of 25, plus inactive accounts and small balances will damage the overall system for relatively little benefit.
New KPMG research finds that the Australian major banks (‘the majors’) are facing a challenging new era of industry transformation, reporting a decrease in aggregate profits for the 2018 half year.