Australians Opt for Home Renovations Over New Constructions, Says KPMG
In a recent report released by KPMG, a notable shift in Australian homeowners' preferences has been identified. Rather than pursuing new home builds, many Australians are choosing to invest in renovations and upgrades to their existing properties. This trend comes amid a significant decline in the overall housing market, fueled by escalating interest rates, economic uncertainty, and rising construction costs.
Continue readingKPMG Reduces U.S. Audit Workforce by 4% Amid Persistent Low Turnover Rates
In a significant move aimed at addressing ongoing workforce challenges, KPMG has announced a reduction of its United States audit staff by 4%. This decision comes as the firm grapples with an exceptionally low turnover rate that has put a strain on its operational flexibility and client engagement capabilities. The global professional services firm, known for its comprehensive audit, tax, and advisory services, has acknowledged the necessity of recalibrating its workforce to remain competitive and responsive to market dynamics.
Continue readingCanadian CEOs' Growing Concerns Over Economic Growth: Insights from KPMG
A report by KPMG annually shows CEOs in Canada being increasingly concerned about economic growth in the subsequent years. A study of corporate leaders throughout the country revealed many factors behind the growing negativity in the CEO outlook on the future of the Canadian economy.
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