economic update

Economic growth slows but ‘per capita recession’ talk is unhelpful

Our view is not as gloomy as some. While overall KPMG sees the short-term economic outlook remaining mixed, we remain optimistic that growth should start to lift through 2019.

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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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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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