How is the Australian economy fairing?
In this video, Shane Oliver examines what's happening in the Australian economy. Are we set for growth or recession?
Shane predicts a return to reasonable growth for Australia. A key issue to watch is the housing construction cycle, which will start to peak, meaning it will contribute less to growth than we have seen.
However, exports in relation to services, higher education and tourism are all indicating strong performance, and there has been a surge in commodity prices.
About the author
Shane Oliver, Head of Investment Strategy and Economics and Chief Economist at AMP Capital, is responsible for AMP Capital's diversified investment funds. He also provides economic forecasts and analysis of key variables and issues affecting, or likely to affect, all asset markets.
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