Episode #84: China’s slowdown & structural challenges & the implications for Australia

AMP’s chief economist Dr. Shane Oliver explores how uncertainty around China’s outlook is a key risk for global growth and why Australia cannot rely on the China/commodity boom indefinitely. Instead, Australia needs structural reform to boost our longer-term growth potential. Read more on this episode here: https://www.amp.com.au/insights-hub/blog/investing/olivers-insights-chinas-slowdown-and-structural-challenges Important information: This podcast is general in nature and hasn’t taken your circumstances into account. It’s important you consider your personal circumstances and speak to a financial adviser …

How are Australians views around home ownership changing?

Demographer Bernard Salt shares his insights. To find out more visit: www.amp.com.au/whateverwealthyyouwant Original Author: Produced by AMP and published on 18/08/2023 Source

Weekly market update 12-05-2023

Over the week, US and Aus sharemakets were flat; Aus Fed Budget will not add to inflation; US CPI moving in the right direction; and more.

Econosights – US debt ceiling

Issues around the US debt ceiling have started to make headlines again. In this Econosights we look at what the US debt ceiling is, the history of it, the current issues around the debt ceiling and the implications for markets.

Econosights: The outlook for Australian wages | AMP Capital

Econosights: The outlook for Australian wages Key points Australian wages growth has been constrained because the supply of labour has increased since the beginning of the pandemic with the labour force participation rate now at a record high. High labour underutilisation over recent years has also kept a lid on wages growth. But, a tighter labour market, falling labour underutilisation, a higher inflation environment, a lift in the minimum wage and higher public sector wage …

Econosights: The RBA, the neutral interest rate and how many hikes to expect | AMP Capital

Econosights: The RBA, the neutral interest rate and how many hikes to expect Key points Inflation is running hot around the world, driven by strong goods demand, global shipping and supply issues and high commodity prices. Higher than expected inflation in Australia will see the RBA lifting interest rates to at least 1% by Dec-2022 and 1.5% in the first half of 2023. A fall in inflation in 2023 from an easing in supply pressures …

Market Update 3 December | AMP Capital

Market Update 3 December Investment markets & key developments Global share markets had another rough week as uncertainty around the impact of the Omicron variant on global growth and Fed Chair Powell flagging a faster taper led to a bit of a roller coaster ride. While Eurozone shares are up slightly for the week and Chinese shares are flat, US and Japanese shares are down. The week global lead and news of the arrival of Omicron …

Five reasons why the Australian dollar is likely to resume its upswing over the next 12 months | AMP Capital

Five reasons why the Australian dollar is likely to resume its upswing over the next 12 months   Key Points Since its February high of around $US0.80 the $A the $A has fallen on the back of global growth concerns, a slowdown in China and the Delta outbreak in Australia. However, there is good reason to expect the $A to resume its rising trend: sentiment towards the $A is negative; global growth is likely to …

Big-spending Federal Budget set to spur on the recovery | AMP Capital

Big-spending Federal Budget set to spur on the recovery The 2021 Federal Budget harks back to the immediate post GFC budgets in some ways, with the Treasurer resisting any temptation to start early on the task of budget repair and doubling down on stimulus. The government has announced $96 billion of extra spending over the next four years, but the run of deficits will still be lower than was predicted last October, making this a …

Market Update 5 March 2021

Market Update 5 March 2021 Investment markets and key developments over the past week While share markets had a strong bounce early in the past week as fears around rising bond yields briefly eased they returned later in the week particularly after Fed Chair Powell reiterated the Fed’s dovishness but failed to signal significant concern or action to deal with rising bond yields. As a result, US, Japanese and Chinese shares fell for the week, …