Australia and the Global Economy: An Updated Outlook
About this episode
The episode discusses the slowing Australian economy and its global implications with insights from economic experts.
Australia’s economy is slowing, but what does the global outlook mean for the path ahead? Host Mandy Drury speaks with CommBank Head of Australian Economics Belinda Allen about why housing has become the key headwind for the Australian economy. They discuss weaker market momentum, consumer spending, the outlook for interest rates and whether AI investment can help offset softer domestic demand. Mandy also speaks with CommBank Head of FX, International and Geoeconomics Joseph Capurso about the global forces shaping the economic outlook. They discuss lower oil prices, maritime trade risks, the US AI boom, China's two-speed economy and Europe's ongoing challenges. Plus, CommBank’s Associate Economist Lucinda Jerogin shares the key focuses for markets in the week ahead. Important Information This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”). Before listening to this podcast, you are advised to read the full GEMR disclaimers, which can be found at www.commbankresearch.com.au . No Reliance This podcast is…
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