While there are still no confirmed detections of H5N1 avian influenza in poultry or the wider agriculture industry, this development represents an important shift in Australia’s biosecurity risk profile.
The newly announced tariffs represent the latest development in a broader trend of growing trade barriers around the world, in this brave new world, companies increasingly have to anticipate greater obstacles to their offshore activities, writes Jon Berry.
As housing momentum slows and consumers become more selective, pressure is beginning to emerge across discretionary retail with early warning signs emerging in cash flow, working capital, and superannuation compliance.
Cooling momentum, softer rents and easing core pressures argue for patience, especially as demand destruction is doing some of the work, writes KPMG US Chief Economist Diane Swonk.
Economic activity is expected to remain weak through 2026, with weak consumption acting as the primary drag in line with weak confidence and high interest rates.
The deal opens the door to reopening the Strait of Hormuz and while it is a step towards stability, there are still some important unknowns.
The challenge is that the post-pandemic rise in inflation is still with us and the Fed is the one institution tasked with ensuring it ends, but it has proven a heavy lift thus far, writes KPMG US Chief Economist Diane Swonk.
The improvement in the labour market, coupled with the stickiness of service sector inflation, has caused hawks to flock at the Federal Reserve, writes KPMG US Chief Economist Diane Swonk.
KPMG’s latest Australian inflation and cost dynamics report highlights a renewed surge in inflationary pressures, driven by a major global supply shock and persistent domestic cost driver.
The latest unemployment figures may give the Reserve Bank of Australia some cover to pause next month and take stock, but further rate rises later this year are likely.
KPMG Australia Geopolitics Lead Jon Berry says if businesses are unaware how this ongoing conflict continues to shape inflation, interest rates, and economic growth in Australia and beyond, they're missing critical insights that could impact financial decisions.
The 2026-27 Budget reflects the Federal Government’s efforts to navigate a complex economic and geopolitical environment. KPMG Australia’s Chief Economist Brendan Rynne and Geopolitics Lead Jon Berry present their analysis of the Budget.
KPMG Australia Geopolitics Lead Jon Berry discusses why businesses should uncover the overlooked risks and learn strategies to safeguard their future in an ever-changing global market.
As fuel price spike and logistics routes remain disrupted, businesses should rethink forecast assumptions, examine the details of their operations, and be prepared to take action.
As geopolitical volatility accelerates in 2026, KPMG's Turnaround and Restructuring National Leader Gayle Dickerson, along with Geopolitics Lead Jon Berry, explore how conflict, energy disruption and rising populism are reshaping cash flow, risk management and turnaround decisions for Australian boards.
Central banks usually look through supply side shocks, however, the longer the Hormuz Strait closure lasts, the more policymakers will be forced to consider hiking rates to fight inflation.
From mining services to cold chain and perishable logistics, these varied industries share a few key characteristics that make them vulnerable to the current diesel fuel price volatility.
The real message is that the Fed is uncertain; there is no preset course for rates up or down at this precarious moment, writes KPMG US Chief Economist Diane Swonk.
This edition of the European Economic Outlook explores how Europe’s adoption of AI could reshape jobs and productivity, highlights the outlook for long and short-term interest rates and assesses how easing inflation and consumer caution may shape the continent’s wider economic trajectory.
The conflict in Iran and the broader Middle East presents a range of implications for Australia. It is unclear how long the conflict will continue, so it is important for Australian businesses to consider a wide range of scenarios as they assess the possible impacts.
The relevance of Prime Minister Takaichi’s historic landslide election won’t lie in any single Japanese policy decision, but in how this shift affects inflation, debt sustainability, and liquidity across the region.
This edition of Economic Compass explores how trust has eroded both domestically in the United States and globally, with economic anxieties increasing.
The real significance behind the EU-India trade deal is why it has finally happened after nearly two decades and what it signals about the emerging geopolitical order and the future for Australian businesses.
US’ Agreements on Reciprocal Trade with ASEAN nations are not 'just' about trade, except insofar as trade is increasingly being used as a tool of geopolitical power. Merriden Varrall and Jon Berry outline the geopolitical challenges this presents for the region and Australia.
Cost-of-living pressures see Black Friday shoppers becoming more cost-conscious, which could play into the hands of the ultra-fast fashion players. Claire Muecke discuss strategies on how Australian retailers can keep up with the ultra-fast fashion revolution.
KPMG Geopolitics Lead Jon Berry discusses why populism is not a passing trend, and CEOs need to understand the skills and capabilities their organisations will increasingly need.
The narrowing of the US trade deficit was expected, given trade policy changes, and it supports the view that trade will be negligible for growth in the third quarter, writes KPMG US Senior Economist Meagan Schoenberger.
KPMG Turnaround & Restructuring Partner Amanda Coneyworth and Geopolitics Lead Jon Berry discuss how global populism is reshaping trade and highlight strategies for Australian businesses to stay resilient amid change.
Global conflict doubled over five years to 2024, highlighting a profound transformation in the global system, and with it, a fundamental shift in the strategic and operating environment for Australian business.
The US Government shutdown alone could shave 0.2 percent from real GDP growth per week and efforts by the Administration to freeze spending could up those costs, writes KPMG US Chief Economist Diane Swonk.
This report looks at the potential impact of increasing global trade frictions, potential tax rises, inflation and interest rates and the implications for UK fiscal and monetary policy.
Optimism for global economic growth falls to its lowest level in five years, while CEO cite the adoption of AI, talent, and ESG as areas of risk in the coming years.
Everything from shifts in trade and industrial policy to aging demographics are eroding and even severing global supply chains, writes KPMG US Economist Benjamin Shoesmith.
Merriden Varrall and Jon Berry outline how global populism is reshaping trade and highlight strategies for Australian businesses to stay resilient amid change.
This edition of Economic Compass takes a closer look at where the United States is in the rollout of tariffs, how long before the full effects kick in and how other policy shifts are likely to interact with tariffs.
The outcomes from the Prime Minister’s visit to China are far-reaching for business stakeholders including financiers and legal advisors. Maggie Li, Helen Zhi Dent, and Merriden Varrall discuss the emerging trends to watch, implications, and what to observe in the years ahead.
One of the key geopolitical themes of the mid-2020s is the rise in mistrust of political institutions and the status quo around the world, and why that matters to Australian business.
With Australia’s trade ties with India only expected to strengthen in the coming years, we investigate the nation’s supply chains to better understand its in-market infrastructure, key distribution channels, and consumer demand.
This edition of Economic Compass takes a closer look at where the US Administration is in enacting its policy agenda.
This edition of Economic Compass, from KPMG US Chief Economist Diane Swonk, provides an in-depth look at KPMG’s baseline forecast, which includes a shallow US recession.
With the introduction of a sweeping portfolio of new global tariffs from the United States, this webinar dives into the potential economic and geopolitical impacts of this new world order.
The United States might not be a top destination for Australian exports, however its latest series of tariffs may present new near-term opportunities – as well as create hidden risks on a global scale – for Australian farmers.
The challenges of the global trade environment are unlikely to resolve in the short term and will require attention and agility through this period of uncertainty, as discussed by David Sofrà, Daniel Rae and Tim Keeling.
For several years, geopolitical and political uncertainties have topped KPMG’s list of CEO concerns, and these risks are no longer “theoretical”. This report aims to provide a comprehensive analysis of the pressing geopolitical challenges in the near term.
KPMG's Consumer & Retail National Leader James Stewart discusses international trends in seamless commerce.
KPMG’s latest survey of top issues for Australian business leaders reflects the fast pace of change facing organisations, as digital transformation overtakes talent as the top concern for the next 12 months.
The expanding provision of private credit in the Australian economy has followed a familiar trajectory to that taken in the US and other mature economies over the past decade. Is this trend now destined to be repeated elsewhere in the Asia Pacific region?
There is a push to get tax cuts expanded in the first 100 days of the incoming administration, however our legislative liaisons believe it will be 2026 before any major tax cuts are implemented, writes KPMG US Chief Economist Diane Swonk.
Phil Quinlan provides key advice for new arrivals to KPMG, in how they can make the most of their time and experience.
The latest edition of Australia’s Top Risks report by Merriden Varrall, Jon Berry, and Fowzia Khan sets out some of the key geopolitical risk scenarios for Australian businesses and provides guidance to prepare both strategically and operationally for an increasingly volatile future.
James Stewart is joined by Merriden Varrall and Helen Zhi Dent, to discuss the three 'pebbles' that are impacting the global economic 'pond'.
Australia’s smaller and faster-growing cities hold great potential on its own merits as thriving hubs of economic activity. KPMG’s inaugural ‘Enterprising Cities’ report presents key insights into the country’s 12 fastest-growing cities.
