Foreword

In this month’s edition we consider the results of the KPMG 2023 CEO Outlook, with the hot topics being disruptive technology, talent and ESG, which is not unexpected given global trends. We run through the 2023 Supplementary Budget which is driven by better-than-expected tax revenues, and we have updates on IRC's new GST and credit transfers forms and processes.  

KPMG in PNG has dedicated in-house locally based specialists in all of the following areas: cybersecurity and technology advisory, internal audit/risk, visa migration, corporate finance, management consulting, fraud investigation as well as tax, audit readiness,inancial statement preparation, payroll services and assurance. As such we are well placed to provide a truly multi-disciplined approach to business advisory. 

In this Month's Kundu

KPMG 2023 CEO Outlook

The 9th edition of the KPMG CEO Outlook, conducted with 1,325 CEOs between 15 August and 15 September 2023, provides unique insight into the mindset, strategies and planning tactics of CEOs. All respondents have annual revenues over US$500M and one-third of the companies surveyed have more than US$10B in annual revenue.  The survey included leaders from 11 markets (Australia, Canada, China, France, Germany, India, Italy, Japan, Spain, UK and US) and 11 key industry sectors (asset management, automotive, banking, consumer and retail, energy, infrastructure, insurance, life sciences, manufacturing, technology, and telecommunications).

Other topics covered include:

  • 2023 Supplementary Budget
  • IRC matters

Our social media presence

As usual, you may access our regular multi-disciplined thought leadership pieces, newsletters, and updates on our KPMG PNG LinkedIn page. Also, connect via our webpage www.kpmg.com.pg and Facebook https://www.facebook.com/pngkpmg/

 

Please enjoy this month’s Kundu and reach out to us at kmcentee@kpmg.com.au if you would like to see KPMG cover specific topics in future editions.