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1、Keeping us up at nightJanuary 2023KPMG.com.auThe big issues facing business leaders in 2023IntroductionSo much has changed in the last 12 months.Whereas a year ago,the Covid pandemic was the worlds preoccupation,we now have inflation and the cost of living rising fast in most developed economies,a w

2、ar in Europe leading to high energy prices,and a global economy tipping towards recession.JANUARY 2023DR BRENDAN RYNNEChief Economist KPMG AustraliaALISON KITCHENChairman KPMG Australia2023 KPMG,an Australian partnership and a member firm of the KPMG global organisation of independent member firms a

3、ffiliated with KPMG International Limited,a private English company limited by guarantee.All rights reserved.The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organisation.Liability limited by a scheme approved under Professional Standards Le

4、gislation.KEEPING US UP AT NIGHT:THE BIG ISSUES FACING BUSINESS LEADERS IN 20232 As with the pandemic,Australia has escaped the worst of geopolitical and economic problems but we are certainly not immune to them.The troubled backdrop to this years annual survey of business leaders has been reflected

5、 in the findings.The top three concerns of Australian CEOs reported are very much nuts and bolts issues the economy,theshortage of skilled staff,and cyber security.These are notably different from a year ago,when their concerns involved staff working remotely,designing an ESG strategy,and ensuring d

6、iversity in organisational leadership.It may be that these issues have slipped down the priority list for business leaders because they have been operationalised during the past year,and are now an existing element of the business.Others may havedecided they will take time to resolve,and more time-s