Led by growth in both emerging market and developing economies, global economic conditions have improved moderately in Q1 2017. Growth in advanced economies, however, remains below trend. Meanwhile, in Australia the Government is now forecasting the Budget will achieve a surplus by 2020-21.
©2021 KPMG, an Australian partnership and a member firm of the KPMG global organisation of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved. The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organisation.
Liability limited by a scheme approved under Professional Standards Legislation.
For more detail about the structure of the KPMG global organisation please visit https://home.kpmg/governance.