AMP Oliver’s Insights – Australian economy in 2019

AMP’s Dr Shane Oliver discusses the outlook for the Australian economy in this edition of Oliver’s Insights.

Dr Oliver summarises the key points as follows:

  • Australian growth has slowed again. The housing cycle downturn and its impact on the economy will likely see growth constrained to around 2.5-3%.
  • As a result, spare capacity is likely to remain significant, keeping wages growth and inflation low.
  • The RBA is likely to cut rates in 2019 and the housing downturn will likely see Australian shares continue to underperform global shares.

You can access a copy of this edition of Oliver’s Insights here:

Oliver’s Insights