AMP’s chief economist Dr. Shane Oliver reviews the Reserve Bank’s decision this week to hold at 4.1%. Has the RBA found a sustainable balance or is household spending power still likely to take even more of a hit in the coming months? For more info visit our insights hub: https://www.amp.com.au/insights-hub 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 …
More than one third of adults in Australia are financially illiterate, with opportunities for improvement. There is also a gender gap in financial literacy in Australia. Women tend to have lower financial literacy than men. In Australia, the gender gap is larger compared to our global peers.
Australia ranked as having one of the lowest rates of disposable income growth per capita amongst OECD countries in mid-2023. Deputy Chief Economist, Diana Mousina examines the implications of these and what Australians may expect.
Five reasons to expect the Australian dollar to rise into next year: it’s undervalued; short term interest rate differentials look likely to shift in favour of Australia; sentiment towards the $A is negative; commodities still look to have entered a new super cycle; and Australia has a solid current account surplus.
There has been a lot of focus on the record high level of Australia’s population growth in 2023 from the boom in immigration. We look at the impact of high population growth on the economy in this Econosights.
In this AMP Investments webinar, hear from Diana Mousina, Deputy Chief Economist, give an overview of the current macro-economic backdrop, followed by Chris Baker, Portfolio Manager, who provides a deep dive on the current fixed income environment.
This week Dr Shane Oliver analyses where we have seen the bottom in shares; US September inflation will keep the Fed on edge; the impacts of the Israeli war & petrol prices; upside wage growth risks in Australia; and more.
This week Dr Shane Oliver discusses correction risks remain high; PMIs point to slower growth; Australian IGR means lower living standards; and more.
This edition of Econosights looks at how much longer households can draw down on savings and what the outlook is for consumer spending.
This article takes a look at the currently confusing economic landscape with some indicators being very strong and others very weak.