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Anthony McDonald

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893 total appearances
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Chanticleer
CGT backflip flops, KPMG cops a roasting & RBA’s rate rise warning

And that's very similar to futures markets and what they're saying.

Chanticleer
CGT backflip flops, KPMG cops a roasting & RBA’s rate rise warning

I mean, 4.2%, that sort of says the other way, right?

Chanticleer
CGT backflip flops, KPMG cops a roasting & RBA’s rate rise warning

About one in two economists are saying a rate cut by the end of next year.

Chanticleer
CGT backflip flops, KPMG cops a roasting & RBA’s rate rise warning

So if you take the middle ground, James, these aren't wild swings either way, right?

Chanticleer
CGT backflip flops, KPMG cops a roasting & RBA’s rate rise warning

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.

Chanticleer
CGT backflip flops, KPMG cops a roasting & RBA’s rate rise warning

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.

Chanticleer
CGT backflip flops, KPMG cops a roasting & RBA’s rate rise warning

And I just thought that's sort of James Thompson's view of the world.

Chanticleer
CGT backflip flops, KPMG cops a roasting & RBA’s rate rise warning

As promised, we wanted to give you an update on this KPMG parliamentary inquiry in Canberra.

Chanticleer
CGT backflip flops, KPMG cops a roasting & RBA’s rate rise warning

Oh, it's pretty interesting.

Chanticleer
CGT backflip flops, KPMG cops a roasting & RBA’s rate rise warning

I mean, Deb O'Neill really giving it to these guys.

Chanticleer
CGT backflip flops, KPMG cops a roasting & RBA’s rate rise warning

And I think, you know, these senators have been through a few of these inquiries now and they've,

Chanticleer
CGT backflip flops, KPMG cops a roasting & RBA’s rate rise warning

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.

Chanticleer
CGT backflip flops, KPMG cops a roasting & RBA’s rate rise warning

You told us that your firm was better for these reasons.

Chanticleer
CGT backflip flops, KPMG cops a roasting & RBA’s rate rise warning

Meanwhile, you've been dealing with your own whistleblower complaint.

Chanticleer
CGT backflip flops, KPMG cops a roasting & RBA’s rate rise warning

in the background.

Chanticleer
CGT backflip flops, KPMG cops a roasting & RBA’s rate rise warning

Like, why don't you say anything at the time?

Chanticleer
CGT backflip flops, KPMG cops a roasting & RBA’s rate rise warning

And why put your firm up on this sort of pedestal when you know that there's these own inherent trust issues inside there?

Chanticleer
CGT backflip flops, KPMG cops a roasting & RBA’s rate rise warning

So, I mean, Yates really copped it.

Chanticleer
CGT backflip flops, KPMG cops a roasting & RBA’s rate rise warning

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.

Chanticleer
CGT backflip flops, KPMG cops a roasting & RBA’s rate rise warning

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?