Economic outlook for FY24

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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.

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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)....

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