Anthony McDonald
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Appearances Over Time
Podcast Appearances
And that's very similar to futures markets and what they're saying.
I mean, 4.2%, that sort of says the other way, right?
About one in two economists are saying a rate cut by the end of next year.
So if you take the middle ground, James, these aren't wild swings either way, right?
Economists are saying if you're like me and you're paying 6.09% on your mortgage today, expect to be paying about the same for the next 18 months or so, which is what you've been telling us for a while.
I mean, like you said, UBS's George Theranos, he came out this week and said one more hike and then sit around for 18 months.
And I just thought that's sort of James Thompson's view of the world.
As promised, we wanted to give you an update on this KPMG parliamentary inquiry in Canberra.
Oh, it's pretty interesting.
I mean, Deb O'Neill really giving it to these guys.
And I think, you know, these senators have been through a few of these inquiries now and they've,
Really just not happy with some of this stuff and some of the issues that have come back again from the PwC one a couple of years ago at KPMG and just throwing them to KPMG's Andrew Yates and say, look, last time we spoke to you, there was this PwC going on in the background.
You told us that your firm was better for these reasons.
Meanwhile, you've been dealing with your own whistleblower complaint.
in the background.
Like, why don't you say anything at the time?
And why put your firm up on this sort of pedestal when you know that there's these own inherent trust issues inside there?
So, I mean, Yates really copped it.
I thought, you know, at least he did sit there and cop it and didn't storm out or something because it was really one-way traffic directed at him.
I thought, James, what struck me on the Lendlease one though, did you hear when they said that Lendlease had been using KPMG for 68 years?