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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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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Third quarter economic results: can the global economy pull Australia along?

On balance of risks KPMG Economics maintains its forecast of global growth for 2017 with real GDP at 3.0 percent lifting to 3.4 percent in 2018.

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Australian economy brought back to earth in first quarter economic outlook

The national accounts from Q1 2017 are largely on track with KPMG’s forecast. We should see growth increase next year with improved economic conditions and reduced uncertainty domestically and internationally.

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Housing ‘bubble’ to deflate slowly in Sydney and Melbourne as house values gently roll back

KPMG Economics’ latest report finds Sydney house prices will experience a greater adjustment than Melbourne in the coming years, although neither market will suffer a collapse in value.

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Turnbull channels his inner Roosevelt and realigns our political economy

Last week’s Budget saw the introduction of new taxes, more recurrent spending, and a greater focus on delivering infrastructure.

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Financial stress in Australian households: the poorest households taking the greatest investment risks

With so much talk about negative gearing and household debts, KPMG Economics thought it worth researching the facts on financial risk

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Autumn arrives, but it’s sunshine for the economy

Has Australia’s economy started to turn the corner? There is increasingly positive news.

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#MYEFO: not responding to changed circumstances and borrowing from the future unfair to future generations

Put simply, we are simply not responding to our changed circumstances. Our first reading of MYEFO suggests for the period FY17 to FY20 government receipts are expected to be about…

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Exports at an all-time high – but the skill of a tightrope walker needed to balance the economy

The September quarter 2016 GDP results confirmed what was expected, which is an economy that’s in reverse in real terms. Unfortunately, the key cause of this decline has been a…

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The sensible centre: building bi-partisan support for a new reform agenda for Australia

A wide and diverse Senate crossbench, a razor-thin majority in the House of Representatives, the odd rogue MP — it’s a daunting task getting anything through today’s parliament, let alone…

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Igniting the Indigenous economy: a better way forward for Indigenous peoples

The dignity of employment and access to entrepreneurial opportunity are as important to Indigenous Australians as non-Indigenous Australians.

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A healthier structural deficit: taking the temperature on healthcare

Yesterday we released the ‘Solving the Structural Deficit’ report which is our contribution to the public conversation about creating a strong and sustainable Australia. It’s not just for now, but…

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