KPMG Australia, Oct 2024
x
0.2% quarterly real GDP growth
The June quarter 2024 national accounts painted a picture of an anaemic economy, and whilst the challenges are not necessarily visible.
KPMG Australia, Oct 2024
x
0.2% quarterly real GDP growth
The June quarter 2024 national accounts painted a picture of an anaemic economy, and whilst the challenges are not necessarily visible.
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AI regulation and productivity
AI regulation and productivity
- Public opinion shows a strong demand for AI regulation, with 77% of Australians believing that AI regulation is necessary
- Economic modelling reveals a statistically significant negative association between tighter regulation and productivity growth. Specifically, a one-point increase in the Product Market Regulation (PMR) index, indicating more restrictive regulation, is associated with a 1.76 percentage point decline in annual labour productivity growth across 25 OECD economies between 1998 and 2023
- KPMG advocates for a balanced and proportionate approach to AI regulation, referred to as the 'Goldilocks point', which manages risks without stifling innovation
September 2025
2025 Futures Report
2025 Futures Report
- The global AI market was valued at $279.22 billion in 2024 and is projected to grow at a Compound Annual Growth Rate (CAGR) of 35.9% from 2025 to 2030.
- Data center power demand is expected to increase by 160% by 2030.
- The market for tokenized assets is projected to reach between $2 trillion and $30 trillion by 2030, depending on factors like adoption rates, regulatory clarity, and technological advancements.
August 2025
Care Reimagined 2025
Care Reimagined 2025
- The care sector already employs 1 in 7 Australians, yet it is under critical strain from rising demand, cost pressures and workforce shortages.
- Outdated, fragmented service models are limiting the sector’s ability to scale, respond effectively or deliver consistent, person-centred care.
- Generative AI and shared digital infrastructure are positioned as transformative tools that can unlock new models of care and system-wide reform.
July 2025