Talk of a recession in Australia is intensifying, but are things really as bad as they seem?
Not long ago, we discussed how UNSW Business School professor Richard Holden said figures released by the Australian Bureau of Statistics show “we’ve now entered an effective recession in Australia.”
Since then, there’s been plenty of commentary about what investors should do in the event of a recession, and how advisers should coach their clients during an economic downturn.
But what if the Australian economy is healthier than we realise? This piece from AMP Capital’s Shane Oliver explores nine reasons why a recession isn’t necessarily an inevitability.
If you read this, you will learn: