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:
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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.
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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:
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