Australia

Details

  • Service: Advisory, Risk Consulting, Board Advisory Services, Financial Risk Management, Forensic, Internal Audit, Risk & Control Services, Climate Change & Sustainability Services, Actuaries, Topics, Climate Change, Economic Trends, Infrastructure, Demographic & Social Trends, Innovation & Technology Trends, Managing Risk & Complexity
  • Type: Survey report
  • Date: 18/07/2011

Australia Report 2011: Risks & Opportunities 

The Australia Report 2011, developed by ADC Forum in collaboration with KPMG, looks at some of the key risks for Australia including environmental issues, a fiscal crisis and demographics changes.
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Key insights

  • Environmental issues dominated with climate change the standout risk in terms of both likelihood and severity.
  • Major trading partner weakness was perceived as the most likely economic risk as Japan recovers from the earthquake and tsunami, China’s growth slows and the US struggles with an uncertain outlook.
  • Asset price collapse was rated the most severe economic risk, reflecting concerns about overseas asset pricing and uncertainty about the outlook for Australian property, especially housing.
  • Demographic challenges were rated in the top five for both likelihood and severity.
 

Australia Report 2012

Australia Report 2012
The Australia Report identifies economic and environmental risks as key risks facing Australia according to business, government and academia leaders.

Risk Consulting

KPMG works with organisations to help them better understand their risk exposures and develop robust control systems and measures.