Economy

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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Structural deficit reform: growing Australia without borrowing from the future

Australia is in its eighth year of substantial and unsustainable fiscal deficit. To be sure, this is partly due to the GFC and governments’ additional spending in response to this.…

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Leap Year Boost for Federal Government – a $1bn windfall to tax coffers

Who needs tax reform when you have the Gregorian Calendar? Says KPMG Chief Economist Brendan Rynne.

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More than income in – income out: fiscal sustainability requires vision for the society we want to live in.

So what is fiscal sustainability? Fiscal sustainability is the ability of a government to sustain its current spending, tax and other policies in the long run without threatening government solvency…

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Growth imperative seen as vital by CEOs in an increasingly complex global environment

Driving growth and delivering value are familiar concepts to Australian ASX-listed CEOs and other corporate leaders. As the complexity of business increases in local and global markets, the drivers for…

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Measuring regional resilience: introducing the Australian Regional Capacity Index

By any measure, Australia would be considered a resilient country, having weathered many economic and environmental challenges in recent times. Interest in this concept has recently gathered pace with resilience…

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