Economic outlook for FY24
While markets appear to be faring relatively well so far in FY24, compared with the first half of FY23, a major economic downturn for our global economy could have a substantial and negative impact on investment portfolios and income.
This paper offers insights and talking points from three experts on the short-term outlook for the Australian economy. We spoke to three senior economists to explore their views on the most likely outcome for our economy in the current financial year:
- Jonathan Kearns, Chief Economist, Challenger Group
- Su-Lin Ong, Chief Economist, RBC Capital
- Richard Yetsenga, Chief Economist, ANZ Bank.

Challenger Life is Australia’s largest provider of annuities and provides guaranteed regular income to thousands of customers. We’re a multi-award-winning Life Company and have $24 billion in assets under management (as at 31 December 2023)....
Expertise
Challenger Life is Australia’s largest provider of annuities and provides guaranteed regular income to thousands of customers. We’re a multi-award-winning Life Company and have $24 billion in assets under management (as at 31 December 2023)....